Radisson Highlights Developing Vein Model at O'Brien Gold Project with Implications for Future Growth and Mine Planning

Core Insights - Radisson Mining Resources Inc. is advancing its geological modeling at the O'Brien Gold Project, revealing significant new vein-hosted mineralization beneath the historic mine, supported by a fully funded 140,000-meter step-out drill program [1][2][5]. Geological Overview - The gold mineralization at O'Brien is primarily found within quartz-sulphide veins in mafic volcanic rocks and conglomerates, associated with alteration envelopes [3]. - Individual veins are typically narrow, ranging from several centimeters to several meters in thickness, and exhibit lateral continuity with steeply plunging grade shoots [4]. Drilling Program - The ongoing 140,000-meter step-out drill program aims to assess the overall scope of mineralization to a depth of 2 kilometers, focusing on the quantity and distribution of mineral resources [5][6]. - As of late 2024, 15 drill wedges have been completed from pilot hole OB-24-337, delineating at least eight parallel veins over an area of 250 meters by 700 meters [1][10]. Success Rate and Future Plans - The project has achieved an 84% success rate in intercepting gold mineralization, with grades and thicknesses consistent with the existing mineral resources [2][7]. - The company plans to provide regular updates on the mineral resource estimate, with the first update expected by the end of Q1 2026 [2][20]. Historical Context - The historic O'Brien mine produced over 500,000 ounces of gold at an average grade exceeding 15 grams per tonne, indicating the potential for significant mineral resource growth [4][12]. - The previous mining operations focused on high-grade areas, leaving substantial quantities of mineralized material unmined, which the current drilling aims to explore [13]. Technical Aspects - The geological model is dynamic, utilizing wireframed domains updated as drilling progresses, with a cut-off grade of approximately 1.0 g/t Au [12]. - The model indicates that the mineralization is open in all directions, with significant continuity observed in high-grade shoots from historical data [16][19]. Next Steps - Drilling continues with seven active rigs, and an eighth rig is expected to be mobilized soon, with results to be reported regularly as the program progresses [20]. - The company is committed to updating the mineral resource estimate incrementally throughout the drilling program [20].