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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 Inc. has filed an independent technical report for its O’Brien gold project, dated April 14, 2023. This report shows a 58% increase in indicated resources to 1,517,000 tonnes at 10.26 g/t Au, equating to 501,000 ounces. Inferred resources surged by 167% to 1,616,000 tonnes grading 8.64 g/t Au, totaling 449,000 ounces. The new Mineral Resource Estimate is based on 127,600 meters of additional drilling since July 2019 and indicates potential for further resource growth along a 5.2 km land package, with mineralization open for exploration. The O’Brien project is part of the renowned Larder-Lake Cadillac Break, which boasts a historical production of over 21 million ounces of gold.
Radisson Mining Resources Inc. has reported a significant increase in its mineral resource estimates for the O’Brien gold project in Quebec. Indicated resources surged by 58% to 1,517,000 tonnes at 10.26 g/t Au, totaling 501,000 ounces, while Inferred resources jumped 167% to 1,616,000 tonnes at 8.64 g/t Au, equating to 449,000 ounces. The updated estimate incorporates 127,600 meters of drilling since July 2019. The company emphasizes the project's high-grade potential and plans further exploration to expand its resources along the Larder-Lake-Cadillac Break.
Radisson Mining Resources reports successful results from its 127,600 m exploration drill program at the O’Brien gold project in Quebec, highlighting substantial high-grade gold intercepts. Key findings include:
- 10.65 g/t Au over 4.40 m
- 21.84 g/t Au over 2.00 m
- 21.33 g/t Au over 2.00 m
The drilling campaign expanded high-grade mineralization to 900 m depth, confirming the potential for increased resources. A mineral resource estimate update is scheduled for Q1 2023, with strong financial backing of approximately $3.0 m in cash remaining.
Radisson Mining Resources Inc. (RMRDF) will host a live VID Town Hall Forum on January 18, 2023, at 11:00 am EST. Interim CEO Denis V. Lachance and CFO Hubert Parent-Bouchard will update shareholders and stakeholders on company developments. Following the presentation, a live Q&A session will allow attendees to ask questions. Radisson focuses on its 100% owned O’Brien project, situated in the Bousquet-Cadillac mining camp, which has produced over 21 million ounces of gold in the past century. The former O’Brien Mine is known as Quebec's highest-grade gold producer.
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