- Globex Mining Enterprises (TSX:GMX) said that Radisson Mining Resources Inc. (TSXV:RDS) is significantly expanding its 2025 exploration efforts at the historic O’Brien Gold Project in Québec
- Radisson has announced an increase to its ongoing 22,000-metre drill program, adding an additional 18,000 metres of drilling
- The expanded program will target both the O’Brien Mine and the East O’Brien area, with drilling planned to reach depths of up to two kilometres
- Globex Mining Enterprises stock (TSX:GMX) last traded at C$1.42
Globex Mining Enterprises (TSX:GMX) has informed shareholders that Radisson Mining Resources Inc. (TSXV:RDS) is significantly expanding its 2025 exploration efforts at the historic O’Brien Gold Project in Québec. Radisson has announced an increase to its ongoing 22,000-metre drill program, adding an additional 18,000 metres of drilling, bringing the total to 40,000 metres for the year.
The team explained via a news release that the expanded program will target both the O’Brien Mine and the East O’Brien area, with drilling planned to reach depths of up to two kilometres. This intensified exploration effort follows promising results, including the recent observation of visible free gold, reported by Radisson on May 21, 2025.
Globex holds a 2 per cent Net Smelter Royalty (NSR) on the Kewagama Gold Mine portion of the East O’Brien area, where both historical and current drilling have intersected high-grade gold mineralization. The presence of visible gold in recent core samples underscores the potential for further resource growth in this zone.
In addition, Globex retains a 1 per cent NSR on the New Alger Gold Mine, also known as the Thompson-Cadillac property, which forms part of Radisson’s West O’Brien holdings. These royalties could position Globex to benefit directly from any future production stemming from these high-potential assets.
The O’Brien project, located along the prolific Larder Lake-Cadillac Break, is one of Québec’s most historically significant gold mining areas. Radisson’s aggressive exploration strategy aims to build on this legacy with modern techniques and deeper targeting.
Globex Mining Enterprises Inc. is a focused exploration and development property bank.
Globex Mining Enterprises stock (TSX:GMX) last traded at C$1.42 and has risen 39.22 per cent since this time last year.
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