0001204459-04-000389 Sample Contracts

OPTION / JOINT VENTURE AGREEMENT FOR THE ISLAND GOLD PROJECT BETWEEN PATRICIA MINING CORP. -and - RICHMONT MINES INC. Aylesworth Thompson Phelan O'Brien LLP 18th Floor, 222 Bay Street Toronto, Ontario M5K 1H1

Option / Joint Venture Agreement • June 29th, 2004 • Richmont Mines Inc • Metal mining • Ontario

• Contract Type
  Option / Joint Venture Agreement
• Filed
  June 29th, 2004
• Company
  Richmont Mines Inc
• Industry
  Metal mining
• Jurisdiction
  Ontario

THIS AGREEMENT is made as of the 28th day of August, 2003 between PATRICIA MINING CORP. ("Patricia"), a corporation amalgamated pursuant to the laws of the Province of Ontario, and RICHMONT MINES INC. ("Richmont"), a corporation continued pursuant to the laws of the Province of Quebec.

MEMORANDUM OF AGREEMENT

Memorandum of Agreement • June 29th, 2004 • Richmont Mines Inc • Metal mining • Quebec

• Contract Type
  Memorandum of Agreement
• Filed
  June 29th, 2004
• Company
  Richmont Mines Inc
• Industry
  Metal mining
• Jurisdiction
  Quebec

WHEREAS the Vendor and the Purchaser wish to enter into this Agreement whereby the Vendor sells and assigns to the Purchaser, and the Purchaser purchases from Vendor, the Properties (as herein defined);