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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 appointed Vivien Janvier, P.Geo, Ph.D. as its new Director of Geology, effective July 18, 2022. Janvier brings over a decade of experience in geology, including exploration management and resource estimation. His role will focus on analyzing nearly 130 km of drilling data from the O’Brien project, enhancing geological models, and uncovering additional exploration targets. Concurrently, Nicolas Guivarch has resigned from his position to pursue other opportunities. Radisson remains committed to advancing its high-grade gold project.
Radisson Mining Resources Inc. (RMRDF) reported positive outcomes from its Annual General Meeting held on June 16, 2022. Shareholders approved all proposed items, including the election of directors and the re-appointment of Raymond Chabot Grant Thornton as auditor, with votes in favor exceeding 99%. Additionally, the stock option plan was modified, increasing the limit from 18 million to 25 million options, with 3.89 million options granted at a price of $0.13 per share, valid until June 2027. Radisson continues to focus on its 100% owned O’Brien gold project in Quebec.
Radisson Mining Resources Inc. has launched a field program covering 54 km2 south of the Larder-Lake Cadillac Break, aiming to explore the O'Brien Gold Project. This initiative follows the integration of the New Alger property and prior successful drilling efforts. The company emphasizes the area has significant discovery potential, bolstered by geological data and limited previous exploration. The summer program aims to map and analyze prospective gold showings across 200 lines km, leveraging existing infrastructure for efficient operation.
Radisson Mining Resources announced promising high-grade gold intercepts from its ongoing 130,000 m drill program at the O’Brien gold project in Quebec. Significant results include intercepts of up to 10.94 g/t Au and continuous mineralization down to 800 m depth. As of May 9, 2022, 126,000 m of drilling has been completed, with 25,000 m pending results. The company maintains a solid cash position of approximately $5.5 million. Encouraging results validate the potential for wider mineralized zones and further resource expansion.
Radisson Mining Resources Inc. (RMRDF) has nominated Siri C. Genik as an independent director for its upcoming annual general meeting on June 16, 2022. With over 25 years in the Natural Resource and Infrastructure industries, Genik brings expertise in Sustainability and ESG practices. Her past roles include key positions at BHP Canada and Glencore. The board has added four independent directors in 18 months to strengthen governance. Management is optimistic about Genik's contributions to value creation for shareholders and the development of the O’Brien mine in Quebec's gold-rich region.
Radisson Mining Resources announced significant high-grade gold intercepts from its ongoing 130,000 m drill program at the O’Brien gold project in Quebec. Key highlights include:37.86 g/t Au over 2.00 m and 12.69 g/t Au over 3.50 m. As of April 15, 2022, 121,750 m of drilling is completed, with results pending for 24,000 m in 50 holes. The company maintains a cash balance of approximately $7.0M. The results demonstrate the continuity of mineralization down to a depth of 750 m, indicating significant exploration potential.
Radisson Mining Resources announces promising high-grade gold intercepts from its ongoing 130,000 m exploration drill program at the O’Brien project in Quebec. Key highlights include intercepts of 59.79 g/t over 3.00 m and 173.50 g/t over 1.00 m, indicating significant continuity of high-grade mineralization down to 620 m. The drilling program has completed 119,800 m out of the planned total, with results pending for an additional 25,500 m. The company holds a cash balance of approximately $9.0 million as of February 15, 2022, and anticipates further results that could enhance resource estimates.
Radisson Mining Resources Inc. (RMRDF) announced promising results from its ongoing 130,000 m exploration drill program at the O’Brien gold project in Quebec. Significant high-grade intercepts include 38.34 g/t over 2.00 m and 7.24 g/t over 3.20 m, indicating strong potential for additional high-grade gold enrichment along a largely untested 2.5 km strike. As of January 15, 2022, 119,000 m of drilling have been completed, with $10.5 million in cash available for further exploration. Further results from 28,300 m of pending assays are expected, indicating continued exploration momentum.
Radisson Mining Resources announces promising high-grade gold intercepts from its O’Brien gold project, with significant results in its 130,000 m drill program. Key highlights include:
- OB-21-241: 31.56 g/t Au over 2.00 m.
- OB-21-228: Multiple intercepts, including 13.83 g/t Au over 2.40 m.
- OB-21-255: 15.68 g/t Au over 2.00 m.
- Ongoing drilling has validated four high-grade mineralized trends, revealing strong resource expansion potential.
The company holds a cash balance of approximately $11.0 million, with results pending for 34,000 m of drilling.
Radisson Mining Resources (RMRDF) has successfully completed a private placement, raising $6,773,110 through the issuance of 10,819,629 Quebec flow-through and other shares. The funds will be directed towards exploration expenses at the O’Brien project in Québec. Insiders participated with a total of 1,315,800 QC FT Shares and 156,250 FED FT Shares. The Offering includes a cash commission of $305,478 to agents and 794,532 compensation warrants for further share purchases, subject to a four-month hold period.
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