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RADISSON MINING RESOURCES - 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. 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.
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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.
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Radisson Mining Resources Inc. has launched a private placement offering for aggregate gross proceeds of $2,000,000. The offering includes units of the Corporation, class A shares, and flow-through units. The proceeds will be used for Canadian Exploration Expenses on the O’Brien gold project in Quebec. The offering is scheduled to close on June 29, 2023.
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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.

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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.

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FAQ

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

The current stock price of RADISSON MINING RESOURCES (RMRDF) is $0.229 as of January 22, 2025.

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

The market cap of RADISSON MINING RESOURCES (RMRDF) is approximately 84.8M.

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

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RMRDF Stock Data

84.83M
312.03M
9.48%
7.93%
Gold
Basic Materials
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United States of America
Rouyn-Noranda