Ressources Appalaches Inc.

Today, upon a motion filed by LRC-RA LP, a secured creditor of Ressources Appalaches Inc. and Dufferin Resources Incorporated, the Bankrupcy and Insolvency division of the Supreme Court of Nova Scotia issued an order appointing Ernst & Young Inc. as the receiver and manager of the assets, property and undertakings of Appalaches and of Dufferin pursuant to the provisions of section 243 of the Bankruptcy and Insolvency [...]

Ressources Appalaches announces that all the resolutions that were presented at the annual meeting on November 24, 2014, were approved by the shareholders. These resolutions include the nomination of the directors and the auditors. Shareholders re-elected Alain Hupé, Dominique Doucet, André Proulx and Jose Oro to the Board of Directors. Moreover, during its first board meeting, Alain Hupé was re-elected as President and Chief Executive Officer and André Proulx as chairman of the board. Alain Hupé, André Proulx and Dominique Doucet were appointed members of the audit committee. The Company also announces that Darrin Campbell, Chief Financial Officer, has resigned from th... [...]

Pursuant to its press release dated October 3, 2014, Appalaches Resources Inc. is pleased to announce that it has executed with its principal lender, Lascaux Resources Capital Fund 1 LP, a Forbearance Agreement pursuant to which Lascaux agrees to forbear all currently outstanding defaults of the Corporation as of October 9, 2014 pursuant to the various agreements executed by the Corporation with Lascaux. Pursuant to [...]

Ressources Appalaches announces that the Dufferin Gold Mine is placed in temporary care and maintenance due to longer than expected development of the underground workings and delays in reaching commercial production. The delays occurred as a result of multiple problems including, underground transformer installation, mobile equipment breakdowns and the cone crusher breakdown. This has resulted in working capital [...]

Ressources Appalaches is pleased to announce results from 16 drill holes totaling 2,022 m made at the Dufferin Mine in Nova Scotia. An exceptional 287 g/t (9.2 oz/t) gold was intersected over 1 meter in hole F14-15 at 195 m of the surface corresponding to the vein # 6. The main purpose of the drilling program is to explore under the galleries in exploitation mainly the veins 3 to 6 located between 75 and 200 m from [...]

Ressources Appalaches is pleased to announce that the plant has almost reached its maximum output of 300 tons per day (t/d) with an average production of 245 t/d during the first two weeks of August with a minimum of 120 t/d to 352 t/d. Production has progressed gradually from 75 to 245 t/d in four months. Mill Operations Report May to J...

In the process to become a new gold producer, Ressources Appalaches is pleased to announce the nomination of Mr Darrin Campbell, CMA as CFO of the company as of July 28 2014. Mr. Campbell is a Certified Management Accountant from Dartmouth, NS and is already working with the company as the controller since May 2013. Mr. Campbell brings more than 15 years of executive financial management and leadership experience in [...]

RIMOUSKI, QUEBEC--(Marketwired - Jul 10, 2014) - Ressources Appalaches (TSX VENTURE:APP) (FRANKFURT:OU3) is pleased to announce the first gold bar poured at the Dufferin Mine in Nova Scotia. Final gold recovery is being optimized at the mine. A first dore (bullion) was poured and delivered to Johnson Matthey refinery in Ontario for final refining. Production results will be published after the commissioning period [...]

RIMOUSKI, QUEBEC--(Marketwired - May 29, 2014) - Ressources Appalaches (TSX VENTURE:APP)(FRANKFURT:OU3) announces the closing of a private placement with accredited investors for a total amount of $1,284,500. The proceeds from this placement will be mainly used to extend and define resources at Dufferin Mine. A second drill will be moved shortly to the mine for surface drilling. An update on the plant commissioning [...]

RIMOUSKI, QUEBEC--(Marketwired - May 8, 2014) - Ressources Appalaches (TSX VENTURE:APP)(FRANKFURT:OU3) is pleased to report the crushing unit of the Dufferin Gold Mine processing plant began processing ore and the gravity line at the plant is currently being tested. As the ball mill had been already tested and ready to roll, the remaining flotation process will be commissioned as a continuous process to complete the [...]