RIC Richmont Mines, Inc.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February, 2016.

Commission File Number 001-14598

RICHMONT MINES INC.
(Translation of registrant’s name into English)

161, avenue Principale, Rouyn-Noranda (Quebec) J9X 4P6
(Address of principal executive office)

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Form 20-F [ X ] Form 40-F [   ]

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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [   ]

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Richmont Increases Mineral Reserves by 187% and
Island Gold Mine Increases Mineral Reserves by 206%, With a 29%
Increase in Reserve Grade

TORONTO, Ontario, Canada, February 9, 2016 - Richmont Mines Inc. (TSX - NYSE MKT: RIC) (“Richmont” or the “Corporation”), announces updated Mineral Reserves and Resources as of December 31, 2015, including a 206% increase in Mineral Reserves at the cornerstone Island Gold Mine to 561,700 gold ounces (net of depletion) at a Mineral Reserve grade of 8.26 g/t. The Beaufor Mine reported a 95% increase in Mineral Reserves to 63,850 gold ounces (net of depletion) at a Mineral Reserve grade of 6.57 g/t, which will extend mine life by more than two years. (Detailed Mineral Reserve and Resource tables can be found at the end of this press release. All amounts are in Canadian dollars unless otherwise indicated).

2015 Mineral Reserve Highlights:

As at December 31, 2015, Richmont is reporting Mineral Reserves for the Island Gold and Beaufor Mines as summarized in the table below:

“We are very pleased with the success of our delineation drilling program at Island Gold where we converted nearly 80% of the resources from the Lower C Zone that were included in the 2015 Preliminary Economic Assessment (“PEA”) to Reserves, significantly de-risking this core operation. We now have more than 7 years of mine life based on reserves ahead of us, along with significant exploration potential both laterally and at depth,” stated Renaud Adams, Chief Executive Officer. He continued, “In 2016 we will be focused on converting the remaining PEA resources and completing our 2015 exploration programs with a view to adding near-mine resources to the east and west of the PEA deposit area and confirming the high grade extension at depth. With reserve growth reported from both Island Gold and the Beaufor mines, a solid balance sheet, and an experienced management team, Richmont is in its strongest position in its 25 year history as gold producer.”

“The success of our drilling program has increased our reserve inventory by almost 200% to over 625,000 ounces with reserve growth being reported from both our operations,” stated Daniel Adam, Vice-President, Exploration.” He continued, “In 2016, I look forward to ongoing success from our exploration programs, especially the deep directional drilling program at Island Gold where we expect that we will continue to confirm the high-grade potential of this deposit below the 1,000 metre level. At the Beaufor Mine we successfully converted ounces to reserves in the Q Zone and are confident that this deposit has the potential for additional reserve and resource growth as well as mine life extension.’’

Key Assumptions

In 2015, the Corporation assumed a gold price of CAD$1,300 per ounce (CAD$1,300 per ounce in 2014) and a currency exchange rate of CAD$1.2037 to US$1.00 (CAD$1.0833 to US$1.00 in 2014) and a cut-off grade of 4.0 g/t at Island Gold (3.75 g/t in 2014) and 4.31 to 6.04 g/t at Beaufor (5.14 to 6.60 g/t in 2014).

A reconciliation of the Corporation’s Mineral Gold Reserves at the Island Gold Mine and the Beaufor Mine is provided in the table below:

Mineral Reserves and Mineral Resources

As at December 31, 2015, Richmont is also reporting Mineral Resources, which are exclusive of Mineral Reserves as summarized in the table below:

Island Gold Mineral Reserves and Mineral Resources (December 31, 2015)

• Island Gold added 378,000 ounces to reserves (net of depletion of approximately 55,000 production ounces) an increase of 206% with average reserve grades increasing by 29% to 8.26 g/t.

• Reserves below the 400 metre level increased by 391,250 ounces, an increase of 417%, with average reserve grades increasing by 26% to 8.52 g/t.

• Delineation drilling from the 620 metre level drift was primarily focused on the conversion of Inferred Resources within the Lower C Zone located in the PEA deposit area.

• Approximately 80% of the resources in the PEA deposit area have now been converted to reserves and the delineation drilling program in 2016, primarily from the proposed exploration and delineation drift on the 740 metre level, will be focused on converting the remaining resources to reserves. (see Figure 1: “Mineral Reserve and Resource Estimates as of December 31, 2015”)