Radisson Mining Resources Inc. V.RDS

Alternate Symbol(s): RMRDF

Metals & Mining Gold

Radisson Mining Resources Inc. is a Canada-based gold exploration company. The Company is focused on its 100% owned O’Brien project, located in the Bousquet-Cadillac mining camp along the Larder-Lake-Cadillac Break in Abitibi, Quebec. The project hosts the former O’Brien Mine. It has a portfolio of two properties, covering a total area of approximately 7,481 hectares (ha) in the Abitibi-Temiscamingue and Nord-du-Quebec regions of Quebec, Canada. The O’Brien project is located in the Abitibi region in northwestern Quebec, on provincial highway 117, about halfway between the towns of Rouyn-Noranda and Val-d’Or. Its Douay property is located in the province of Quebec, in Douay and Vezza townships. The project lies about 35 kilometers southwest of the town of Matagami. The Company has a 100% interest in the property, which consists of 36 mining claims covering approximately 1,426.93 ha. The property is located in the north central part of the Abitibi Greenstone Belt.

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Post by Thisisfunstuffon Oct 18, 2021 7:09am

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Post# 34016854

update

Radisson reports high grade gold intercepts including 34.71 g/t Au over 3.90 m and 7.55 g/t Au over 10.50 m from resource expansion drilling along trend #1 at the O’Brien project

Key highlights

Significant intercepts from resource expansion drilling along trend #1

34.71 g/t over 3.90 m including 127.00 g/t over 1.00 m (OB-21-216W1)
7.55 g/t over 10.50 m including 10.46 g/t over 6.00 m (OB-21-240)
17.56 g/t over 2.00 m including 34.80 g/t over 1.00 m; and 8.22 g/t over 2.00 m including 14.70 g/t over 1.10 m (OB-21-226)
13.23 g/t over 2.00 m including 32.90 g/t over 0.80 m (OB-21-215)
9.25 g/t over 2.00 m including 11.35 g/t over 1.00 m; and 10.02 g/t over 2.30 m including 14.70 g/t over 1.30 m (OB-21-217)
New and previously released high-grade intercepts confirm and support resource expansion potential down to 950 m vertical depth along trend #1
130,000 m drill program underway at O’Brien
99,100 completed thus far with results pending for 23,840 m
Cash balance of approx. $8.5M