QMX Gold Corporation announced production results for the first quarter of 2013. For the quarter, the company has produced 4,141 ounces of gold from the Lac Herbin mine located in Val-d'Or, Quebec. The Aurbel Mill processed 33,866 tonnes of ore with a head grade of 4.09 g/t Au and achieved an average recovery rate of 93%. Production saw an increase in average grade back to 4.09 g/t Au. The Aurbel mill has been increasing recoveries to more than 92%, which is in line with the average rate expected from the mill in 2013. While the level of production achieved in first quarter is slightly lower than budgeted, it was expected to be the weakest quarter as the Company transitions to newly developed zones in the coming quarters.

The company continues to maintain annual production guidance of 20,500-23,500 ounces gold at a cost of $1,200 to $1,400 per ounce for 2013.