Welcome to our dedicated page for Radisson Mining news (Ticker: RMRDF), a resource for investors and traders seeking the latest updates and insights on Radisson Mining stock.
Radisson Mining Resources (RMRDF) delivers focused gold exploration through its flagship O'Brien Gold Project in Quebec's Abitibi region. This news hub provides investors and industry observers with essential updates on drilling programs, resource evaluations, and strategic developments.
Key updates include high-grade drill results, metallurgical study findings, and partnership announcements with industry leaders. Our curated news collection offers:
- Detailed reports on exploration campaigns
- Technical assessments of gold mineralization
- Operational milestones and regulatory updates
- Collaborative ventures with processing experts
Bookmark this page for direct access to Radisson Mining's verified press releases and objective analysis of its Quebec-based operations. Regular updates ensure you stay informed about one of Canada's most promising gold exploration projects.
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.
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.
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.
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.
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.
