Reply from Louvem.

Thank you for your email regarding Louvem’s recently released Q3 2009 results. We report a US dollar selling price, as this is a widely accepted international benchmark for gold producers around the world. However, we sell our gold for Canadian dollars, and not US dollars. Consequently, the US$901 average selling price disclosed in our quarterly report is our actual Canadian dollar sales divided by the average year to date exchange rate. Considering that the exchange rate for the third quarter was lower than the year to date average exchange rate, this translates into a lower reported US dollar selling price for the period.

Should you have any additional questions or concerns, please do not hesitate to contact me.

Sincerely,

Jennifer Aitken

Responsable des relations avec les investisseurs / Investor Relations

Mines Richmont inc.

jaitken@richmont-mines.com

Tél./Phone : 514-397-1410

Téléc./Fax : 514-397-8620