Radisson Expands Area of High-Grade Gold Mineralization Beneath the Historic O'Brien Gold Mine with Three New Drill Holes Including 29.93 g/t Gold over 2.2 Metres
Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) has announced significant drill results from three new wedge holes at its 100%-owned O'Brien Gold Project in Quebec. The drilling program expanded upon a previously reported pilot hole that intersected 31.24 g/t Au over 8.0 metres, including 242.0 g/t Au over 1.0 metre at 1,500 metres depth.
Key new intersections include:
- 29.93 g/t Au over 2.2 metres (OB-24-337W3)
- 4.44 g/t Au over 6.4 metres (OB-24-337W1)
- 9.62 g/t Au over 1.4 metres (OB-24-337W2)
The results confirm multiple high-grade gold veins with good continuity below the historic O'Brien Mine. The company's 22,000-metre drill program aims to test mineralization up to 2 kilometers depth, with current resources primarily defined to only 600 metres depth. The project currently has Indicated Resources of 0.50 million ounces at 10.26 g/t Au and Inferred Resources of 0.45 million ounces at 8.66 g/t Au.
Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) ha annunciato risultati significativi da tre nuovi fori a cuneo nel suo progetto O'Brien Gold, di cui detiene il 100% in Quebec. Il programma di perforazione ha ampliato un foro pilota precedentemente riportato che ha intercettato 31,24 g/t Au su 8,0 metri, inclusi 242,0 g/t Au su 1,0 metro a una profondità di 1.500 metri.
Le nuove intercettazioni chiave includono:
- 29,93 g/t Au su 2,2 metri (OB-24-337W3)
- 4,44 g/t Au su 6,4 metri (OB-24-337W1)
- 9,62 g/t Au su 1,4 metri (OB-24-337W2)
I risultati confermano la presenza di molteplici vene d'oro ad alta legge con buona continuità sotto la storica miniera O'Brien. Il programma di perforazione dell'azienda, di 22.000 metri, mira a testare la mineralizzazione fino a 2 chilometri di profondità, con le risorse attuali principalmente definite fino a soli 600 metri di profondità. Il progetto attualmente ha risorse indicate di 0,50 milioni di once a 10,26 g/t Au e risorse inferite di 0,45 milioni di once a 8,66 g/t Au.
Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) ha anunciado resultados de perforación significativos de tres nuevos agujeros en cuña en su proyecto O'Brien Gold, del cual posee el 100% en Quebec. El programa de perforación amplió un agujero piloto previamente reportado que intersectó 31.24 g/t Au a lo largo de 8.0 metros, incluyendo 242.0 g/t Au a lo largo de 1.0 metro a una profundidad de 1,500 metros.
Las nuevas intersecciones clave incluyen:
- 29.93 g/t Au a lo largo de 2.2 metros (OB-24-337W3)
- 4.44 g/t Au a lo largo de 6.4 metros (OB-24-337W1)
- 9.62 g/t Au a lo largo de 1.4 metros (OB-24-337W2)
Los resultados confirman múltiples vetas de oro de alta ley con buena continuidad por debajo de la histórica mina O'Brien. El programa de perforación de la empresa, de 22,000 metros, tiene como objetivo probar la mineralización hasta 2 kilómetros de profundidad, con los recursos actuales definidos principalmente hasta solo 600 metros de profundidad. El proyecto actualmente tiene recursos indicados de 0.50 millones de onzas a 10.26 g/t Au y recursos inferidos de 0.45 millones de onzas a 8.66 g/t Au.
Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF)는 퀘벡에 있는 100% 소유의 O'Brien Gold 프로젝트에서 세 개의 새로운 웨지 홀에서 중요한 드릴 결과를 발표했습니다. 드릴링 프로그램은 1,500미터 깊이에서 8.0미터에 걸쳐 31.24 g/t Au를 교차한 이전에 보고된 파일럿 홀을 확장했습니다. 이 홀에는 1.0미터에 걸쳐 242.0 g/t Au가 포함되어 있습니다.
주요 새로운 교차점은 다음과 같습니다:
- 2.2미터에 걸쳐 29.93 g/t Au (OB-24-337W3)
- 6.4미터에 걸쳐 4.44 g/t Au (OB-24-337W1)
- 1.4미터에 걸쳐 9.62 g/t Au (OB-24-337W2)
결과는 역사적인 O'Brien 광산 아래에 좋은 연속성을 가진 여러 고등급 금맥을 확인합니다. 회사의 22,000미터 드릴 프로그램은 2킬로미터 깊이까지 광물화를 시험하는 것을 목표로 하며, 현재 자원은 주로 600미터 깊이까지만 정의되어 있습니다. 이 프로젝트는 현재 10.26 g/t Au에서 0.50백만 온스의 확인 자원과 8.66 g/t Au에서 0.45백만 온스의 추정 자원을 보유하고 있습니다.
Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) a annoncé des résultats de forage significatifs provenant de trois nouveaux trous en coin dans son projet O'Brien Gold, dont elle détient 100 % au Québec. Le programme de forage a élargi un trou pilote précédemment rapporté qui a intercepté 31,24 g/t Au sur 8,0 mètres, y compris 242,0 g/t Au sur 1,0 mètre à une profondeur de 1 500 mètres.
Les nouvelles intersections clés incluent:
- 29,93 g/t Au sur 2,2 mètres (OB-24-337W3)
- 4,44 g/t Au sur 6,4 mètres (OB-24-337W1)
- 9,62 g/t Au sur 1,4 mètres (OB-24-337W2)
Les résultats confirment la présence de plusieurs veines d'or à haute teneur avec une bonne continuité sous la mine historique O'Brien. Le programme de forage de l'entreprise, qui s'étend sur 22 000 mètres, vise à tester la minéralisation jusqu'à 2 kilomètres de profondeur, les ressources actuelles étant principalement définies jusqu'à seulement 600 mètres de profondeur. Le projet dispose actuellement de ressources indiquées de 0,50 million d'onces à 10,26 g/t Au et de ressources inférées de 0,45 million d'onces à 8,66 g/t Au.
Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) hat bedeutende Bohrergebnisse aus drei neuen Keilhülsen in seinem zu 100 % im Besitz befindlichen O'Brien Gold-Projekt in Quebec bekannt gegeben. Das Bohrprogramm erweiterte ein zuvor gemeldetes Pilotloch, das 31,24 g/t Au über 8,0 Meter durchschnitt, einschließlich 242,0 g/t Au über 1,0 Meter in einer Tiefe von 1.500 Metern.
Wichtige neue Schnittpunkte umfassen:
- 29,93 g/t Au über 2,2 Meter (OB-24-337W3)
- 4,44 g/t Au über 6,4 Meter (OB-24-337W1)
- 9,62 g/t Au über 1,4 Meter (OB-24-337W2)
Die Ergebnisse bestätigen mehrere hochgradige Goldadern mit guter Kontinuität unterhalb der historischen O'Brien Mine. Das Bohrprogramm des Unternehmens umfasst 22.000 Meter und zielt darauf ab, die Mineralisierung bis in eine Tiefe von 2 Kilometern zu testen, während die aktuellen Ressourcen hauptsächlich bis zu einer Tiefe von nur 600 Metern definiert sind. Das Projekt verfügt derzeit über angezeigte Ressourcen von 0,50 Millionen Unzen bei 10,26 g/t Au und geschätzte Ressourcen von 0,45 Millionen Unzen bei 8,66 g/t Au.
- High-grade gold intersections confirm mineralization extension 500m below historic mine
- Multiple gold veins showing good continuity between drill holes
- Successful proof-of-concept drilling suggesting significant depth potential
- Current high-grade resource base: 0.95M oz combined Indicated and Inferred
- 75% of current mineral resources to shallow 600m depth
- Additional drilling required to confirm economic viability at depth
Rouyn-Noranda, Quebec--(Newsfile Corp. - April 2, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to announce drill assay results from three new drill holes at its
The three holes reported are all wedges completed from the previously reported pilot hole OB-24-337 (see Radisson News Release dated December 16, 2024; Figure 1). OB-24-337 was the deepest hole ever drilled at the Project and the first hole drilled directly below the historic O'Brien Mine workings. It intersected 242.0 grams per tonne ("g/t") gold ("Au") over 1.0 metre within a mineralized interval that averaged 31.24 g/t Au over 8.0 metres at approximately 1,500 metres vertical depth. Now, three new wedges have all returned additional high-grade gold intercepts, delineating a large zone of multiple veins with good continuity.
Highlights include:
OB-24-337W3 intersected 29.93 g/t Au over 2.2 metres, including 53.50 g/t Au over 1.2 metres and 4.54 g/t Au over 3.0 metres, including 7.61 g/t Au over 1.5 metres;
OB-24-337W1 intersected 4.44 g/t Au over 6.4 metres, including 18.65 g/t Au over 1.2 metres; and,
OB-24-337W2 intersected 9.62 g/t Au over 1.4 metres.
Matt Manson, President & CEO, commented: "On December 16, 2024 we reported that a deep pilot hole had intersected significant high-grade gold mineralization a full 500 metres below the base of the historic O'Brien Gold Mine. Today, we are reporting the results from the first three wedges drilled from this hole, all of which have hit multiple instances of gold mineralization in classic quartz-sulphide veins hosted in sheared and mineralized rocks of the Piché Group, the dominant host rocks for O'Brien gold mineralization. In fact, we are able model up to four such veins individually, with clear continuity between the drill holes and upwards towards mineralization documented at the base of former mine. Results are pending for two additional wedges that have been drilled, both of which show vein mineralization and visible gold consistent with the developing model."
Matt Manson continued: "A primary focus of our 22,000-metre drill program this year is deep-step-outs below the Project's existing mineral resources and the historic mine workings, in a 'proof-of-concept' approach that aims to identify the extension of mineralization to depth. We believe 2 kilometres is an appropriate exploration horizon, with
Figure 1: Long Section and Plan View of Gold Vein Mineralization and Mineral Resources at the O'Brien Gold Project, with Today's Drill Holes Illustrated.
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Table 1: Detailed Assay Results from Drill Holes OB-24-337, and OB24-337W1 to 337W3
| DDH | Zone | From (m) | To (m) | Core Length (m) | Au g/t - Uncut | Host Lithology | |
| OB-24-337-Pilot (Previously Released 16th December, 2024) | O'Brien Mine | 1,507.6 | 1,508.6 | 1.0 | 5.57 | POR-S | |
| 1,517.7 | 1,525.7 | 8.0 | 31.24 | POR-S | |||
| Including | 1,517.7 | 1,518.7 | 1.0 | 242.00 | POR-S | ||
| 1,610.5 | 1,611.9 | 1.4 | 5.49 | V3-N | |||
| 1,660.5 | 1,662.7 | 2.3 | 3.78 | S3P | |||
| Including | 1,660.5 | 1,661.6 | 1.2 | 5.78 | S3P | ||
| OB-24-337W1 | O'Brien Mine | 1,513.3 | 1,514.8 | 1.5 | 3.82 | V3-CEN | |
| 1,575.5 | 1,581.9 | 6.4 | 4.43 | V3-N | |||
| Including | 1,575.5 | 1,576.7 | 1.2 | 18.65 | V3-N | ||
| 1,618.7 | 1,619.7 | 1.0 | 3.67 | V3-N | |||
| OB-24-337W2 | O'Brien Mine | 1,378.5 | 1,379.8 | 1.3 | 6.70 | V3-N | |
| 1,486.1 | 1,487.5 | 1.4 | 9.62 | S1P | |||
| 1,530.0 | 1,532.0 | 2.0 | 4.36 | V3-N | |||
| Including | 1,531.0 | 1,532.0 | 1.0 | 5.90 | V3-N | ||
| OB-24-337W3 | O'Brien Mine | 1,350.4 | 1,353.4 | 3.0 | 4.54 | V3-S | |
| Including | 1,350.4 | 1,351.9 | 1.5 | 7.61 | V3-S | ||
| 1,420.5 | 1,422.0 | 1.5 | 3.18 | POR-S | |||
| 1,443.0 | 1,445.2 | 2.2 | 29.93 | V3-CEN | |||
| Including | 1,444.0 | 1,445.2 | 1.2 | 53.50 | V3-CEN | ||
| 1,554.0 | 1,556.1 | 2.1 | 5.48 | S3P |
Notes on Calculation of Drill Intercepts:
The O'Brien Gold Project March 2023 Mineral Resource Estimate ("MRE") utilizes a 4.50 g/t Au bottom cutoff, a The O'Brien Gold Project March 2023 Mineral Resource Estimate ("MRE") utilizes a 4.50 g/t Au bottom cutoff, a US
Gold Mineralization at O'Brien
Gold mineralizing quartz-sulphide veins at O'Brien occur within a thin band of interlayered mafic volcanic rocks, conglomerates, and porphyric andesitic sills of the Piché Group occurring in contact with the east-west oriented Larder Lake-Cadillac Break ("LLCB"). Gold, along with pyrite and arsenopyrite, is typically associated with shearing and a pervasive biotite alteration, and developed within multiple Piché Group lithologies and, occasionally, the hanging-wall Pontiac and footwall Cadillac meta-sedimentary rocks.
As mapped at the historic O'Brien mine, and now replicated in the modern drilling, individual veins are generally narrow, ranging from several centimetres up to several metres in thickness. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. Individual veins have well-established lateral continuity, with near-vertical, high-grade shoots developed over significant lengths.
Figure 3 illustrates modelling of four veins extending from the OB-24-337 pilot hole and wedges upward to the deepest underground working at the historic O'Brien mine. Vein V3-S_20 intersects OB-24-337W2 and W3 and is further supported by underground mapping in an exploration drift located to the south of the main mined out vein at level 3450. Vein V3-C_03 is intersected by the pilot hole and all three wedges and is further supported by underground mapping and the historic stope locations. Vein V3-N_02 is also intersected by the pilot hole and all three wedges and is further supported by historic underground drilling from the 3450 level. V3-N_03 is intersected by all four deep holes. Radisson's vein modelling is undertaken dynamically as drilling proceeds and is used to guide future exploration and, ultimately, domaining for future resource estimation.
The historic O'Brien mine produced over half a million ounces of gold from such veins and shoots at an average grade exceeding 15 g/t and over a vertical extent of at least 1,000 metres. Recent exploration has focussed on delineating well developed vein mineralization to the east of the historic mine, with additional high-grade shoots becoming evident in the exploration data over what has been described as a series of repeating trends ("Trend #s 0 to 5").
Based on drilling complete to the end of 2022, the Project has estimated Indicated Mineral Resources of 0.50 million ounces (1.52 million tonnes at 10.26 g/t Au), with additional Inferred Mineral Resources of 0.45 million ounces (1.60 million tonnes at 8.66 g/t Au). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
QA/QC
All drill cores in this campaign are NQ in size. Assays were completed on sawn half-cores, with the second half kept for future reference. The samples were analyzed using standard fire assay procedures with Atomic Absorption (AA) finish at ALS Laboratory Ltd, in Val-d'Or, Quebec. Samples yielding a grade higher than 10 g/t Au were analyzed a second time by fire assay with gravimetric finish at the same laboratory. Mineralized zones containing visible gold were analyzed with metallic sieve procedure. Standard reference materials, blank samples and duplicates were inserted prior to shipment for quality assurance and quality control (QA/QC) program.
Qualified Person
Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Nieminen is independent of Radisson and the O'Brien Gold Project.
Figure 2: Cross Section through the historic O'Brien mine including drill holes OB-24-337, and 337W1 to W3.
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Figure 3: Vein Modelling Across Drill Holes OB-24-337, and 337W1 to W3.
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Table 2: Detailed Assay Results (see "Notes on Calculation of Drill Intercepts")
| DDH | Zone | From (m) | To (m) | Core Length (m) | Au g/t - Uncut | Host Lithology | |
| OB-24-337-Pilot (Previously Released 16th December, 2024) | O'Brien Mine | 1,507.6 | 1,508.6 | 1.0 | 5.57 | POR-S | |
| 1,517.7 | 1,525.7 | 8.0 | 31.24 | POR-S | |||
| Including | 1,517.7 | 1,518.7 | 1.0 | 242.00 | POR-S | ||
| 1,550.5 | 1,552.0 | 1.5 | 2.38 | V3-CEN | |||
| 1,610.5 | 1,611.9 | 1.4 | 5.49 | V3-N | |||
| 1,660.5 | 1,662.7 | 2.3 | 3.78 | S3P | |||
| including | 1,660.5 | 1,661.6 | 1.2 | 5.78 | S3P | ||
| OB-24-337W1 | O'Brien Mine | 1,488.5 | 1,489.5 | 1.0 | 1.13 | POR-S | |
| 1,513.3 | 1,519.3 | 6.0 | 1.89 | V3-CEN | |||
| Including | 1,513.3 | 1,514.8 | 1.5 | 3.82 | V3-CEN | ||
| 1,540.4 | 1,543.3 | 2.9 | 1.98 | V3-CEN/S1P | |||
| 1,575.5 | 1,581.9 | 6.4 | 4.43 | V3-N | |||
| Including | 1,575.5 | 1,576.7 | 1.2 | 18.65 | V3-N | ||
| 1,591.2 | 1,593.7 | 2.5 | 1.51 | V3-N | |||
| 1,618.7 | 1,621.8 | 3.1 | 2.49 | V3-N | |||
| Including | 1,618.7 | 1,619.7 | 1.0 | 3.67 | V3-N | ||
| OB-24-337W2 | O'Brien Mine | 1,378.5 | 1,379.8 | 1.3 | 6.70 | V3-N | |
| 1,445.0 | 1,446.1 | 1.1 | 2.58 | POR-S | |||
| 1,448.9 | 1,450.4 | 1.5 | 1.92 | POR-S | |||
| 1,454.8 | 1,456.3 | 1.5 | 1.37 | V3-CEN | |||
| 1,486.1 | 1,487.5 | 1.4 | 9.62 | S1P | |||
| 1,510.8 | 1,512.1 | 1.3 | 1.06 | V3-N | |||
| 1,530.0 | 1,532.0 | 2.0 | 4.36 | V3-N | |||
| Including | 1,531.0 | 1,532.0 | 1.0 | 5.90 | V3-N | ||
| 1,549.9 | 1,551.4 | 1.5 | 1.72 | S3P | |||
| 1,565.4 | 1,566.5 | 1.1 | 1.16 | S3P | |||
| OB-24-337W3 | O'Brien Mine | 1,350.4 | 1,353.4 | 3.0 | 4.54 | V3-S | |
| Including | 1,350.4 | 1,351.9 | 1.5 | 7.61 | V3-S | ||
| 1,411.0 | 1,422.0 | 11.0 | 1.22 | POR-S | |||
| Including | 1,420.5 | 1,422.0 | 1.5 | 3.18 | POR-S | ||
| 1,440.5 | 1,442.0 | 1.5 | 1.03 | V3-CEN | |||
| 1,443.0 | 1,445.2 | 2.2 | 29.93 | V3-CEN | |||
| Including | 1,444.0 | 1,445.2 | 1.2 | 53.50 | V3-CEN | ||
| 1,480.0 | 1,481.5 | 1.5 | 1.74 | S1P | |||
| 1,525.3 | 1,526.7 | 5.4 | 1.34 | V3-N | |||
| 1,554.0 | 1,556.1 | 2.1 | 5.48 | S3P |
Radisson Mining Resources Inc.
Radisson is a gold exploration company focused on its
For more information on Radisson, visit our website at www.radissonmining.com or contact:
Matt Manson
President and CEO
416.618.5885
mmanson@radissonmining.com
Kristina Pillon
Manager, Investor Relations
604.908.1695
kpillon@radissonmining.com
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-Looking statements including, but are not limited to, statements with respect to planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, the ability to incorporate new drilling in an updated technical report and resource modelling, the Company's ability to grow the O'Brien project and the ability to convert inferred mineral resources to indicated mineral resources. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-Looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the drill results at O'Brien; the significance of drill results; the ability of drill results to accurately predict mineralization; the ability of any material to be mined in a matter that is economic. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247044
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