STOCK TITAN

RADISSON MINING RESOURCES - RMRDF STOCK NEWS

Welcome to our dedicated page for RADISSON MINING RESOURCES news (Ticker: RMRDF), a resource for investors and traders seeking the latest updates and insights on RADISSON MINING RESOURCES stock.

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.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.4%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
management
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
management
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
none
Rhea-AI Summary
Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) had a successful 2023, doubling the size of the resource while increasing the grade. They completed two successful capital raises, commenced a 10,000 metre drill program, and pursued Ecologo certification. The company maintained focus on resource growth, achieved corporate milestones, and expressed gratitude to shareholders and stakeholders. The updated NI 43-101 Mineral Resource Estimate doubled the resource size. The company is also focused on low-cost exploration and has made key hires in investor relations and operations. Radisson also completed an oversubscribed private placement, closing the year in a strong financial position with approximately CAD $8.5M in the treasury.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
none
-
Rhea-AI Summary
VID Media Incorporated to host a Town Hall Forum for Radisson Mining Resources on September 20th, discussing the O'Brien project and the start of a 10,000m drill program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
none
-
Rhea-AI Summary
Radisson Mining Resources Inc. has begun a Phase I, 10,000m drill program at its O'Brien Gold Project in Quebec. The program aims to expand the current mineral resource estimate and will focus on twenty high priority targets. The company believes there is strong potential for additional high-grade gold trends to be discovered. O'Brien West also remains open for exploration. The project is located in a world-class jurisdiction and has untapped potential.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.08%
Tags
Rhea-AI Summary
Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) has completed the first phase of a glacial till survey on the New Alger area of the O'Brien project, identifying a geological context similar to Agnico Eagle’s Canadian-Malartic Complex. The area has strong gold potential, with a sample grading 7.33 g/t gold collected during the 2022 prospecting campaign. A 10,000-meter drill program is scheduled to start later this summer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.61%
Tags

FAQ

What is the current stock price of RADISSON MINING RESOURCES (RMRDF)?

The current stock price of RADISSON MINING RESOURCES (RMRDF) is $0.22 as of December 20, 2024.

What is the market cap of RADISSON MINING RESOURCES (RMRDF)?

The market cap of RADISSON MINING RESOURCES (RMRDF) is approximately 53.7M.

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 RESOURCES

OTC:RMRDF

RMRDF Rankings

RMRDF Stock Data

53.69M
309.19M
9.55%
8.14%
Gold
Basic Materials
Link
United States of America
Rouyn-Noranda