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Radisson Mining - RMRDF STOCK NEWS

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.

Rhea-AI Summary
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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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.

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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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Radisson Mining Resources (RMRDF) has shared a year-end update highlighting significant achievements in 2022. The company completed its largest diamond drilling program of 127,600 meters, yielding 85% of assays above 3 g/t Au, reinforcing the potential of the O'Brien project. In July, Vivien Janvier joined as Director of Geology, leading efforts towards a 43-101 mineral resource estimate update anticipated in H1 2023. Additionally, Radisson secured $1.7 million in financing, positioning itself for upcoming developments while pursuing UL Ecologo certification.

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Radisson Mining Resources Inc. (RDS, RMRDF) has announced the award of 919,000 stock options to directors in lieu of cash payments for board member fees for H2-2022. Each option allows the acquisition of one class A share at an exercise price of $0.13, expiring December 13, 2027. Additionally, 200,000 stock options were granted to the Chairman for his role as Interim President & CEO at an exercise price of $0.12, expiring December 9, 2027. Radisson is focused on its 100% owned O’Brien gold project in Quebec, historically a high-grade gold producer.

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Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) has announced a non-brokered private placement to raise at least $1,500,000. The placement will include Quebec flow-through shares priced at CAD$0.17 and Charity flow-through shares at CAD$0.225. Strong interest has been shown by the board, management, and existing shareholders, including Michael Gentile. Proceeds will fund Canadian Exploration Expenses for the O’Brien gold project in Quebec. The offering is expected to close around December 2, 2022, pending regulatory approvals.

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Radisson Mining Resources announced high-grade gold intercepts from its recent 127,600 m drill program at the O’Brien gold project in Quebec. Key findings include intercepts of 18.76 g/t Au over 3.10 m and 18.45 g/t Au over 2.20 m, indicating successful resource expansion. Notably, high-grade mineralization now extends to 950 m depth, surpassing previous estimates. With 152 intercepts exceeding 5 g/t Au, the company anticipates a resource estimate update in early 2023. Current financial backing stands at approximately $2.5 million in cash.

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77.34M
312.85M
9.45%
9.8%
Gold
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