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Ressources Minieres Radisson Inc V.RDS

Alternate Symbol(s):  RMRDF

Radisson Mining Resources Inc. is a gold exploration company focused on its 100% owned O’Brien Gold 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 Company’s primary project, O’Brien Gold project, is located in the Abitibi region in northwestern Quebec, on Trans-Canadian 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 about 30 mining claims covering approximately 1,606 ha. The property is located in the north central part of the Abitibi Greenstone Belt.


TSXV:RDS - Post by User

Comment by jsnfernleyon Aug 19, 2008 1:55pm
539 Views
Post# 15394665

RE: Anybody Home?

RE: Anybody Home?Yes.  Most of their gold properties cover areas of known large gold bearing deformation zones and are also in the neighborhood of past producing mines and other known deposits, both modern (43-101 compliant) and historical.  their land positions are usually large enough on these trends to potentially make a mine.

They have to spend some C$1 before the end of the year on exploration to satisfy flow through funding tax issues/requirements. 

They drop properties when found to be uneconomical.

In other words, they appear to be performing the type of exploration and evaluation activities you would expect from a small company.

I'm not so keen on the coal initiative they discussed in a recent press release.  I'm generally not in favor of chasing the latest thing, expecially when it is outside of your area of expertise.  They know Quebec and gold best in my opinion, and should continue to pursue their present properties. 

IMO
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