Radisson Mining Reports High-Grade Gold Intercepts at O'Brien
High-Grade Gold Results from Deep Drilling at O’Brien Project
Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) is thrilled to share exciting results from its recent deep diamond drill holes at the O’Brien Gold Project. This project is 100% owned by Radisson and located in the iconic Abitibi region of Québec, a notable site for gold mining. These drill results are part of an ambitious, fully-funded 35,000-metre drill program aimed at exploring deeper mineralization trends.
Exploration Highlights
The results released from three drill holes represent a strategic exploration effort targeted at expanding the known high-grade gold mineralization trend labeled as “Trend 1.” Positioned approximately 1,100 metres in depth, these drill holes directly intersect the down-plunge extension of this mineralization trend. The central hole, OB-24-324, yielded an impressive intersection of 27.61 grams per tonne (g/t) gold over 6.0 metres, featuring an astonishing 102.00 g/t Au over a narrower width of 1.1 metres. Additionally, it recorded another significant section averaging 6.83 g/t Au over 10.0 metres.
Details from the Drill Holes
The results highlighted demonstrate the ongoing potential for high-grade gold at considerable depths. OB-24-322 also showed encouraging results with an average of 8.75 g/t Au over 5.2 metres. These findings not only reflect the high-grade nature of the mineralization but also confirm the accuracy of the deposit models predicting these rich intersections at depths well beyond the previously established resource.
Company Leadership Insights
Matt Manson, President & CEO of Radisson, remarked on the results: "We have successfully confirmed a significant extension of high-grade mineralization at our O’Brien Project. The results from today's drilling exemplify our ongoing commitment to advancing the gold potential at depth. Each drill hole has provided further evidence of the extensive mineralization and the robust nature of our exploration activities as we aim for new insights toward increasing our mineral resources. The holes we've drilled demonstrate just a fraction of the gold potential that lies beneath the historical working area of the mine. We expect continuous success as we proceed with deeper drilling operations in the coming months."
Understanding Gold Mineralization at O’Brien
Gold mineralization at the O’Brien site occurs within quartz-sulphide veins interstratified among various rock types, notably within the Piché Group formations adjacent to the prolific Larder Lake-Cadillac Break. Identified mineralized zones are generally narrow but have shown consistent length and continuity, with the historical mine experiencing impressive outputs exceeding 15 g/t Au over substantial vertical extents.
Current Resource Estimates
Based on modern drilling efforts, the current indications suggest an estimated Indicated Mineral Resource of around 0.50 million ounces at an impressive grade of 10.26 g/t Au. There are also inferred mineral resources estimated at 0.45 million ounces with a lower grade of 8.64 g/t Au, indicating ongoing high potential for resource growth through continued drilling and exploration.
Ongoing Exploration and Future Plans
The current phase of exploration focuses on outlining well-developed mineralized veins east of the historic mine. Recent data indicate the presence of high-grade shoots categorized as part of a series of repeating mineralized trends. The team is enthusiastic about the potential for discovering more high-grade gold zones in unexplored areas of the project.
Drilling operations continue with two rigs at work; one focuses on shallower targets while the second is designed for deeper exploratory efforts to further define and expand upon the mineral resource. With growing momentum, Radisson plans to continually release further navigational and drill results as they progress through each stage of the exploration campaign.
Frequently Asked Questions
What are the latest results from Radisson Mining?
Recent drilling at the O’Brien Gold Project revealed significant high-grade intersections, including 27.61 g/t gold over 6.0 metres in hole OB-24-324.
How deep are the new drill holes at O’Brien?
The newly reported drill holes reached a vertical depth of approximately 1,100 metres, significantly below previous drilling efforts.
What is the significance of Trend 1 at the project?
Trend 1 is the primary high-grade mineralization zone at O’Brien, where recent drilling has confirmed extensive gold mineralization extending deeper than previously known.
Who leads the exploration efforts at Radisson Mining?
Matt Manson serves as the President & CEO, overseeing exploration strategies and operations at the O’Brien Gold Project.
What are Radisson’s future exploration plans?
Radisson plans to continue its drilling program focusing on both high-grade veins identified in existing mineral resources and potential new deposits at deeper levels.
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