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Radisson Mining Resources (RMRDF) is a prominent mining company focused on gold exploration and development. With a strategic approach to uncovering new mineralization potential, Radisson has achieved significant milestones in its ongoing projects. The company's commitment to expanding its exploration programs, recent drilling results, and identification of new target areas underscores its dedication to growth and value creation in the mining sector.
Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) has announced its 2025 outlook and exploration plans for the 100%-owned O'Brien Gold Project in Quebec. The company has allocated a C$6.8M exploration budget, fully funded from existing treasury, which includes:
- 22,000 meters of exploration drilling, focusing on expanding mineralization below existing resources
- Surface exploration to trace the historic O'Brien 'Jewellery Box' zone
- Completion of metallurgical studies and milling assessment with IAMGOLD
- Environmental baseline studies and community engagement
Recent drilling results showed significant findings, including 242.0 g/t gold over 1.0 metre at 1,500 meters depth and 643.1 g/t Au over 2.1 metres in the Jewellery Box zone. The company plans to conduct a Preliminary Economic Assessment (PEA) based on utilizing IAMGOLD's nearby Doyon mill, located 21 kilometers west of O'Brien.
Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) received C$782,264.25 from the exercise of 2,897,275 warrants at $0.27 per warrant, which were issued in June 2023 and exercised in full before expiring December 30, 2024.
The company reported significant drilling results at its O'Brien Gold Project, including the deepest hole ever drilled returning 31.24 g/t gold over 8.0 metres (including 242.0 g/t gold over 1.0 metre) 500 metres below the original mine. Another notable intercept showed 1,345 g/t gold over 1.0 metre at shallow depth.
Radisson is progressing with IAMGOLD under an MOU to assess processing O'Brien material at the Doyon gold mill, including metallurgical studies, flow sheet review, and tailings assessment, expected to complete early 2025.
Radisson Mining Resources announced significant results from its deepest-ever diamond drill hole at the O'Brien Gold Project in Quebec. Hole OB-24-337, drilled to 1,700 meters depth, intersected 242.0 g/t gold over 1.0 metre within a mineralized interval averaging 31.24 g/t Au over 8.0 metres at approximately 1,500 meters vertical depth.
This discovery is particularly significant as it's located 500 metres below the deepest workings of the old mine, demonstrating extensive gold mineralization at depth. The intersection occurred in the Piché Group rocks, the primary host rocks for O'Brien gold mineralization. Currently, about 75% of the project's existing Mineral Resource is defined at depths above 600 metres, suggesting significant upside potential.
Radisson Mining Resources has announced remarkable results from diamond drill hole OB-24-347 at its O'Brien Gold Project in Quebec. The hole intersected 643.1 g/t gold over 2.1 metres, including 1,345.0 g/t gold over 1.0 metre at approximately 200 metres vertical depth.
This intersection is believed to be the near-surface extension of the famous O'Brien 'Jewellery Box', a historic mining stope known for extremely high-grade and museum-quality gold samples. The company plans to trace this zone to the surface with additional drilling and stripping in their 2025 exploration program.
The O'Brien Project currently has Indicated Mineral Resources of 0.50 million ounces (1.52 million tonnes at 10.26 g/t Au) and Inferred Mineral Resources of 0.45 million ounces (1.60 million tonnes at 8.66 g/t Au).
Radisson Mining Resources announced results from 10 diamond drill holes at its O'Brien Gold Project in Quebec, part of a 35,000-metre drill program. Key intersections include 16.21 g/t gold over 5.4 metres, 12.1 g/t gold over 4.4 metres, and 62.0 g/t gold over 1.0 metre. The results demonstrate high-grade mineralization extending to depth, with successful wedge drilling from hole OB-24-324 and a 100-metre step-out below the Mineral Resource on Trend #0. Three rigs are currently active, with one testing beneath the historic O'Brien mine at depths over 400 metres below previous workings.
Radisson Mining Resources (TSX-V: RDS, OTCQB: RMRDF) has appointed David Ross as Vice President of Exploration and added a third drill rig to accelerate its 35,000-metre drill program at the O'Brien Gold Project in Quebec. Ross, a professional geologist with over 25 years of experience, brings expertise in mineral resource estimation and exploration of structurally hosted gold deposits.
The company recently intersected deep, high-grade mineralization at O'Brien, confirming significant gold presence at approximately 1,100 metres vertical depth, 170 metres below the current Mineral Resource. The project remains open to the east, west, and at depth. Radisson is also commencing a milling assessment with IAMGOLD focused on the nearby Doyon mill and has completed an oversubscribed financing for its 2025 work programs.
Radisson Mining Resources Inc. has announced significant results from three deep diamond drill holes at its 100%-owned O'Brien Gold Project in Québec. The highlights include:
OB-24-324 intersected 27.61 g/t Au over 6.0 metres, including 102.00 g/t Au over 1.1 metres, and 6.83 g/t Au over 10.0 metres.
OB-24-322 intersected 8.75 g/t Au over 5.2 metres, including 27.20 g/t Au over 1.4 metres.
These results extend high-grade mineralization at a vertical depth of approximately 1,100 metres, 170 metres below previous drilling. The drilling confirms the lateral continuity of the O'Brien mineralizing system and demonstrates significant upside potential below the existing Mineral Resource.
The O'Brien Project has Indicated Mineral Resources of 0.50 million ounces (1.52 million tonnes at 10.26 g/t Au) and Inferred Mineral Resources of 0.45 million ounces (1.62 million tonnes at 8.64 g/t Au).
Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) has entered into a Memorandum of Understanding (MOU) with IAMGOLD to assess processing mined material from Radisson's O'Brien Gold Project at IAMGOLD's nearby Doyon gold mill. The Doyon mill is located 21 km west of O'Brien in Quebec's Abitibi region. If viable, Radisson plans to complete a Preliminary Economic Assessment (PEA) for O'Brien, considering mine design, methodology, production profile, and economics.
The MOU facilitates technical data exchange between the parties regarding metallurgy, flow-sheet configuration, and processing capacity. Radisson has retained Ausenco Engineering Canada ULC and started metallurgical work at SGS Canada Inc. The agreement is non-binding and non-exclusive, with no specific commercial terms.
Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) has announced high-grade drill results from its 100% owned O'Brien Gold Project in Quebec. Highlights include:
- OB-24-320: 137 g/t gold over 1.0 metres within 24.74 g/t Au over 6.0 metres
- OB-24-316: 74.4 g/t gold over 1.3 metres within 42.31 g/t Au over 2.3 metres
These results are part of Radisson's ongoing 35,000 metre drill program aimed at expanding gold mineralization and Mineral Resources at the project. The O'Brien Project is characterized by narrow, high-grade quartz-sulphide veins with visible gold. The company is now focusing on in-filling gaps in the geological model at 200-500 metre depths and conducting deeper step-out drilling.
Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) has announced key changes to its Board of Directors. Peter MacPhail, with over 35 years of operational mining experience, has been appointed as a new board member. Pierre Beaudoin, a board member since 2021, has been named Chairperson. These appointments strengthen Radisson's leadership with extensive expertise in exploration, development, and operations of precious metals projects.
The company now has a seven-person Board of Directors with a strong technical focus. Radisson also granted 600,000 stock options, each allowing the purchase of one class A share at $0.18 until July 17, 2029. These changes aim to support Radisson's ongoing exploration efforts at the O'Brien Project and potential future mining operations.