Seems like things are starting to move at the mine site. Looking forward to this going big... five ...ten maybe 15 bagger?? And the also stated that they will be at the Conference in Halifax next week... looking good...
Ressources Appalaches Hires Dewatering and Underground Mining Staff for Dufferin Mine
Rimouski, October 26, 2012 – Ressources Appalaches (APP - TSX.V) announces the addition, to
its Dufferin Mine project, of Mr. Wayne Ellis and of Mr. Jim MacLean respectively as its’ Mine
Health and Safety Coordinator and senior Miner for dewatering operations.
Both natives of Nova Scotia, Mr. Ellis and Mr. Maclean have acquired more than 60 years of
combined progressive mining experience in underground and processing operations in diverse
locations throughout Canada.
Alain Hupé, President and Chief Executive Officer of Ressources Appalaches states: “The
appointments of Mr. Ellis and Mr. MacLean to the Dufferin Mine’s team will enable us to
conduct underground dewatering and mining operations with our qualified and experienced staff.
We remain committed and on track to resume gold production at Dufferin mine by 2013”.
Mine Health and Safety Coordinator
With over 35 years of progressive mining experience, Mr. Ellis is well-known for his result
oriented domineer and ability to effectively communicate work objectives while promoting a
problem solving culture in order to improve business performances. Mr. Ellis professional work
experience and managerial skills gained at Gays River, Mooseland and Polaris mines, as well as
his past involvement at Dufferin Mine is an invaluable asset to the Company.
Geology Matters Conference - Halifax - October 29 and 30, 2012
Ressources Appalaches hereby wishes to invite you to visit their booth and to meet Company
management at the 36 annual Geology Matters conference co-hosted by the Nova Scotian
Department of Natural Resources, occurring at the Westin Hotel in Halifax on October 29 and 30.
The Company will seize the opportunity of the conference to rebroadcast their corporate objective
to become one of the next gold producing companies in Nova Scotia with the projected
employment potential of creating 50 to 60 jobs. Ressources Appalaches is committed to
continued growth and safety for the workers, environmental awareness surrounding its operations.
Allocation of Stock Options
In accordance with its compensation policy and stock option plan, on October 24, 2012, the
Board of Directors of Ressources Appalaches granted 1,100,000 stock options to Directors and
600,000 stock options to employees and consultants with an exercise price of $0.10 expiring on
October 24, 2017. The Board of Directors also granted to a consultant 295,000 stock options with
an exercise price of $0.16 expiring on October 24, 2014.