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Radisson Mining - RMRDF STOCK NEWS

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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.

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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.

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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.

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Radisson Mining Resources announced the results of its Annual General Meeting (AGM) held on June 6, 2024. Shareholders voted in favor of all business items, including the election of director nominees. A total of 106,815,727 votes were represented, equating to 33.32% of issued Class A shares.

Director vote results: Lise Chenard (98.19% in favor), Cindy Valence (98.11%), Pierre Beaudoin (86.01%), Michael Gentile (98.45%), and Jeff Swinoga (98.45%).

Additionally, 98.40% voted to re-appoint Raymond Chabot Grant Thornton as auditor, and 83.58% voted to continue the shareholders' protection regime. The Board of Directors awarded 2,515,000 stock options to directors, officers, employees, and consultants, each option priced at $0.18, valid until June 6, 2029.

Radisson focuses on its 100% owned O’Brien gold exploration project in Quebec, located in the prolific Bousquet-Cadillac mining camp.

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Radisson Mining Resources appoints Matt Manson as President, CEO, and Director, starting July 1, 2024. Manson brings over 30 years of international mining experience, including roles at Marathon Gold and Stornoway Diamond

His notable achievements include leading the $345 million Valentine Gold Project merger with Calibre Mining and developing Quebec's first diamond mine, the $800 million Renard Project. Manson, recognized as Northern Miner's 2017 Mining Person of the Year, holds advanced degrees in Geology and Geophysics.

Radisson's Chairman, Denis V. Lachance, expressed confidence in Manson's ability to drive the O'Brien gold project's growth. Concurrently, Radisson granted Manson 1.3 million stock options at $0.18 per share with a five-year exercise period. Radisson focuses on its high-grade gold asset in Québec's Abitibi district.

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Radisson Mining Resources announced a significant expansion of its drill program at the O’Brien Gold Project in Quebec, increasing the planned drilling to 35,000 meters. Approximately 60-70% of the drilling will focus on resource expansion between Trends 0 and 4, while 30-40% will target high-priority areas like the historic O’Brien Deep, Trend 1 Deep, and the New Alger target. The program is fully funded, with $6.5 million available, and 24 drill holes (12,960 meters) already completed. Assays are pending for 5,804 meters in 11 drill holes, with visible gold identified in some intersections. This expansion aims to accelerate resource growth and exploration, targeting new discoveries and deeper zones below the historic O’Brien Mine. The company expects to report additional assay results soon, bolstering its resource and exploration efforts.

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RADISSON MINING RESOURCES INC (TSX-V: RDS, OTCQB: RMRDF) announces positive drill results at the O’Brien Gold Project in Quebec, including high-grade gold intersections and broader mineralization zones. The company adds a second drill rig to accelerate the ongoing program, funded with over $7 million. Results show potential for resource expansion and new discoveries.

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Radisson Mining Resources Inc. announces the re-appointment of Denis V Lachance as Interim President & Chief Executive Officer after terminating the agreement with Brett Richards. Radisson focuses on its 100% owned O’Brien project in the Bousquet-Cadillac mining camp in Abitibi, Québec, known for producing over 25,000,000 ounces of gold. The project includes the former O’Brien Mine, Québec’s highest-grade gold producer.
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Radisson Mining Resources Inc. appoints Brett A. Richards as President & CEO, with vast experience in natural resources and mining. Richards brings expertise in project development, corporate business development, and mergers & acquisitions. The company grants 1,000,000 stock options to Richards. Radisson focuses on the O’Brien gold project in Quebec's premier mining district, offering substantial potential for resource growth.
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Radisson Mining Resources Inc. reports positive results from the first 3 drill holes of an ongoing drill program at its O'Brien gold project in Quebec, Canada. Key highlights include high-grade gold intersected, successful start confirming inferred resource growth potential, and 12 drill holes completed for 5,820 m drilled to date. The company's Chairman and Interim President & CEO, Denis Lachance, expressed optimism about the results and expected significant news flow as more results become available.
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Radisson Mining Resources Inc. (RDS) announces positive results from the glacial till sampling program at the O'Brien project, identifying a new target area with potential for gold discovery and expanding the property to 74.3 km2. The program collected 115 glacial till surface samples, with 14 anomalous samples showing a dispersion of gold grain tail and 15.5 km2 of additional claims staked. The company plans to expand exploration programs to include detailed prospecting work, trench sampling, and potentially drilling to understand the mineralization potential of the new target area.
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FAQ

What is the current stock price of Radisson Mining (RMRDF)?

The current stock price of Radisson Mining (RMRDF) is $0.20817 as of February 28, 2025.

What is the market cap of Radisson Mining (RMRDF)?

The market cap of Radisson Mining (RMRDF) is approximately 78.2M.

What is Radisson Mining Resources primarily focused on?

Radisson Mining Resources is primarily focused on gold exploration and development.

What recent achievements has Radisson Mining Resources celebrated?

Radisson Mining Resources recently achieved significant milestones in uncovering new mineralization potential and expanding exploration programs.

Who are the key personnel at Radisson Mining Resources that can be contacted for more information?

Denis V. Lachance serves as the Chairman, Interim President, and CEO, while Kristina Pillon is the Manager of Investor Relations.
Radisson Mining

OTC:RMRDF

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RMRDF Stock Data

78.16M
312.85M
9.45%
7.95%
Gold
Basic Materials
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Canada
Rouyn-Noranda