Radisson Mining Resources Inc.
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Radisson Highlights Developing Vein Model at O'Brien Gold Project with Implications for Future Growth and Mine Planning
TMX Newsfile· 2026-02-12 11:30
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].
Roscan Gold Announces Appointment of Chief Financial Officer and Grants of Stock Options
TMX Newsfile· 2026-02-04 16:30
Core Insights - Roscan Gold Corporation has appointed Mr. Rahul Paul as Chief Financial Officer, who has over seventeen years of experience in capital markets and the mining industry [1][2] - The company has granted a total of 13,350,000 stock options to various officers, employees, and consultants, with an exercise price of $0.17 per share [5] Company Leadership - Mr. Paul has been a board member since September 2024 and previously served as President and CEO of Radisson Mining Resources Inc., where he oversaw a significant drill program that increased gold resources [2][4] - The Executive Chairman, Nana Sangmuah, expressed confidence in Mr. Paul's financial leadership and thanked the outgoing CFO, Danny Cao, for his contributions [4] Stock Options and Incentives - The stock options granted have a term of five years and are subject to a four-month hold period from the grant date [5] - Additionally, the company has granted 5,000,000 restricted share units to directors and officers, which will vest one year from the grant date [5] Company Overview - Roscan Gold Corporation is focused on gold exploration in West Africa, holding a significant land position with 100%-owned permits in an area with existing gold mines [6]
Radisson Announces Additional High-Grade Drill Results at O'Brien Including 23.37 g/t Au over 4.0 Metres and the Deepest Intercept to Date
TMX Newsfile· 2026-01-27 11:30
Core Insights - Radisson Mining Resources Inc. has announced significant assay results from seven new drill holes at its 100%-owned O'Brien Gold Project, part of a 140,000-metre step-out drill program aimed at exploring gold mineralization [1][2]. Summary by Categories Drill Results - The new drill results include broad mineralized zones with high-grade vein intercepts at "Trend 1," extending mineralization to a vertical depth of 1,450 metres, which is 375 metres below existing mineral resources [2]. - The completion of the final wedges from pilot hole OB-24-337 has delineated new mineralization in multiple veins beneath historic mine workings, achieving a 100% success rate in intercepting vein grades consistent with the Project's mineral resources [2][15]. - The deepest intercept recorded at the Project is from new pilot hole OB-25-378, which reached a vertical depth of 1,620 metres, marking the deepest mineralization yet found [2][15]. Specific Assay Results - Drill hole OB-25-322W3 intersected 23.37 g/t Au over 4.0 metres, including a high-grade intercept of 60.60 g/t Au over 1.5 metres [3][16]. - OB-25-337W15 recorded 5.38 g/t Au over 4.5 metres, with a notable inclusion of 8.86 g/t Au over 1.5 metres [3][17]. - OB-25-378 achieved a high-grade intercept of 15.70 g/t Au over 1.1 metres at a depth of 1,620 metres [15][21]. Project Overview - The O'Brien Gold Project is located in the Bousquet-Cadillac mining camp along the Larder-Lake-Cadillac Break in Abitibi, Québec, with indicated mineral resources estimated at 0.58 million ounces at 8.2 g/t Au and inferred resources at 0.93 million ounces at 4.4 g/t Au [28]. - The ongoing exploration program has shown a high success rate, with 84% of completed drill holes intersecting gold mineralization consistent with the Project's mineral resources [13][14]. Future Plans - The company is actively drilling with six rigs on-site and plans to mobilize two additional rigs shortly to continue exploring the mineralization at the O'Brien Gold Project [2][15].
Investor.Events Announces the 3rd Annual Investor Icebreaker: The Michael Gentile Mining Showcase
TMX Newsfile· 2026-01-06 23:25
Core Insights - The Investor Icebreaker: The Michael Gentile Mining Showcase is set to take place on January 27, 2026, in Vancouver, coinciding with a bullish market for precious metals and significant investor interest [1][5][7] - This event is designed as an exclusive forum for high-net-worth individuals, family offices, and institutional investors focused on the resource sector [2][15] - The showcase features companies from Michael Gentile's personal portfolio, providing attendees with vetted investment opportunities backed by a respected investor in the mining sector [3][4][10] Event Details - The Investor Icebreaker is strategically scheduled between the Vancouver Resource Investment Conference (VRIC) and the Association for Mineral Explorations (AME) Roundup conference, enhancing its relevance during Vancouver's Mining Week [5][6] - The event will include focused 1-on-1 and 3-on-1 meetings, allowing for efficient networking among serious investors and presenting companies [12][13] - Following the main event, attendees can network in a VIP suite during an NHL game, providing a relaxed environment for relationship building [14] Market Context - Current market conditions are favorable for investments in precious metals, with metals reaching all-time highs and a strong sentiment among investors [7][34] - The event aims to capitalize on this bull market, offering a platform for strategic validation of companies presented by Michael Gentile [33][34] Attendee Profile - The event is exclusively for sophisticated investors, including high-net-worth individuals, family offices, institutional investors, and professionals from capital markets [18][15] - The application-only registration process ensures a curated environment, fostering meaningful interactions between qualified investors and presenting companies [17][15] Featured Companies - A diverse range of companies will be showcased, including Aeonian Resources, American Pacific Mining Corp., and Arianne Phosphate Inc., among others, all selected for their strong management teams and project fundamentals [9][4]
Radisson Announces Additional High-Grade Drill Results and Further Extends New Mineralization Beneath the Historic O'Brien Gold Mine
TMX Newsfile· 2026-01-06 11:30
Core Insights - Radisson Mining Resources Inc. announced assay results from six new drill holes at its 100%-owned O'Brien Gold Project, indicating continued high-grade gold mineralization beneath the historic mine [1][2][3] - The ongoing drill program, which aims to explore a total of 140,000 metres, has achieved an 82% success rate, with 61 out of 74 completed holes intersecting mineralization consistent with existing resources [2][3] - The latest results include significant gold intercepts, such as 90.60 grams per tonne (g/t) over 1.0 metre and 30.59 g/t over 3.0 metres, showcasing the potential for further resource expansion [3][6][7] Company Overview - Radisson Mining is focused on the O'Brien Gold Project located in the Bousquet-Cadillac mining camp along the Larder-Lake-Cadillac Break in Abitibi, Québec [22] - The project has indicated mineral resources estimated at 0.58 million ounces at 8.2 g/t Au and inferred resources of 0.93 million ounces at 4.4 g/t Au [22] Drill Program Details - The current drill program includes deep step-out drilling beneath the historic O'Brien mine, with pilot holes followed by wedges to maximize efficiency [13][14] - The program has delineated up to six gold-bearing veins over an area of approximately 250 metres by 500 metres, with further drilling planned to explore down to 2 kilometres depth [14][19] Assay Results Highlights - Significant assay results from the new drill holes include: - OB-25-337W13: 90.60 g/t Au over 1.0 metre, averaging 30.59 g/t Au over 3.0 metres [3][6] - OB-25-337W12: 25.10 g/t Au over 1.5 metres and 14.20 g/t Au over 1.5 metres [3][6] - OB-25-322W2: 3.11 g/t Au over 8.0 metres, including 5.93 g/t Au over 1.5 metres [3][6] Future Plans - The company plans to operate seven drill rigs on-site, with an eighth rig being added, and has completed twelve additional step-out drill holes awaiting assays [2][19] - Future drilling will focus on areas identified as having significant potential for resource delineation, particularly in the gap between mineralizing trends [19]
Radisson Reflects on a Successful 2025 and Provides 2026 Outlook
TMX Newsfile· 2025-12-30 11:30
Core Insights - Radisson Mining Resources Inc. has made significant advancements in the exploration and development of its 100%-owned O'Brien Gold Project in 2025, with plans for the largest drill program in 2026, supported by a strong treasury [1][3] 2025 Milestones - The company adopted a more aggressive exploration strategy in late 2024, targeting deeper mineralization at the O'Brien Project, resulting in successful drill results, including a notable intercept of 31.24 grams per tonne gold over 8.0 metres at a depth of 1,500 metres [3][5] - An 82% success rate was achieved in intersecting mineralization during the step-out drill program, with 56 out of 68 completed holes reporting new gold mineralization consistent with the Project's mineral resource estimate [5][7] - The Preliminary Economic Assessment (PEA) released in 2025 highlighted the project's low capital expenditure and environmental footprint, utilizing existing offsite facilities for processing [3][5] 2026 Work Program - The approved work program for 2026 includes approximately 35,000 metres of drilling, with a focus on delineating high-grade gold mineralization beneath the historic O'Brien mine [5][6] - The program aims to complete a total of 140,000 metres of drilling by 2027, with a budgeted cost of C$21 million, or approximately C$290 per metre [6] - A comprehensive metallurgical study indicated gold recoveries between 86% and 96%, and the company plans to enhance assay methods to improve turnaround times [5][6] Drill Results - Since late 2024, Radisson has published results from 68 drill holes, with 56 holes intersecting gold mineralization averaging greater than 3 g/t Au, reflecting the potential for future resource contributions [7][8] - The company is currently processing an additional 18 drill holes from the 2025 program, which are in various stages of logging and assaying [7] Financial Position - Radisson completed C$37 million in equity financings and expects to end 2025 with a treasury of approximately C$32 million, fully funding its 2026 work programs [5][6] Community Engagement and Environmental Studies - Ongoing grassroots exploration and environmental baseline studies are being conducted to assess the project's impact and engage with local communities, including First Nations [14]
Radisson Announces Exercise of Warrants
Newsfile· 2025-11-17 22:26
Rouyn-Noranda, Quebec--(Newsfile Corp. - November 17, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") is pleased to announce that it has received total gross proceeds of C$1,481,694.12 from the exercise of 5,487,756 class A shares purchase warrants (the "Warrants") at a price of $0.27 per warrant. The Warrants were issued in relation to a private placement completed in November 2023 and had an expiry of November 17, 2025.Furthermore, the Company has received ...
Radisson Step-Out Drilling at O'Brien Gold Project Intersects High-Grade Mineralization in Multiple Locations
Newsfile· 2025-10-28 10:30
Core Insights - Radisson Mining Resources Inc. announced assay results from fifteen new drill holes at its 100%-owned O'Brien Gold Project, indicating high-grade gold mineralization across multiple locations [1][2][30] - The ongoing drill program consists of 140,000 metres aimed at expanding the understanding of gold mineralization at the project [1][14] Summary by Sections Drill Results - Significant intercepts were reported in three separate step-out locations, including: - Between Trends 1 and 2 at 1,000 metres vertical depth - Beneath the historic "O'Brien Mine West" at 1,000 metres vertical depth - Beneath the historic "O'Brien Mine" at 1,100 metres vertical depth [2][17] - Notable drill hole results include: - OB-24-337W11: 7.00 g/t Au over 3.0 metres, including 12.60 g/t Au over 1.5 metres [2][15] - OB-25-371W4: 11.25 g/t Au over 2.5 metres, including 17.80 g/t Au over 1.5 metres [4][16] - OB-25-376W1: 9.16 g/t Au over 2.5 metres, including 14.70 g/t Au over 1.1 metres [4][17] Geological Context - Gold mineralization at O'Brien is associated with quartz-sulphide veins within a band of interlayered volcanic rocks and conglomerates, typically found in contact with the Larder Lake-Cadillac Break [11][12] - The historic O'Brien mine produced over half a million ounces of gold at an average grade exceeding 15 g/t Au [13][30] Exploration Strategy - The step-out drilling program aims to test the extent of mineralization beneath the historic mine, utilizing pilot holes followed by wedges and directional drilling to enhance efficiency [14][15] - The company plans to increase the number of drill rigs from four to eight to expedite the ongoing exploration efforts [2][14] Future Outlook - The results from the recent drilling suggest continuity of high-grade mineralization and indicate potential for further resource growth at the O'Brien Gold Project [2][17] - The company is prioritizing the closure of gaps between mineralization trends through additional drilling [2][16]
Radisson Expands Ongoing Step-Out Drill Program at O'Brien to 140,000 Metres
Newsfile· 2025-10-16 10:30
Core Viewpoint - Radisson Mining Resources Inc. is expanding its exploration drill program at the O'Brien Gold Project to 140,000 metres, utilizing up to eight drill rigs, aiming to delineate new high-grade gold mineralization beyond the current Mineral Resource Estimate [1][2][6]. Exploration Program Expansion - The ongoing step-out exploration drill program will increase from an initial 50-60,000 metres to 140,000 metres, marking the largest drill program in the history of the O'Brien Gold Project [1][6]. - The program will continue through 2026 and is expected to generate significant new data and updates to the Project's Mineral Resource Estimate [2][6]. Financial Backing - The expansion follows a successful financing round that raised $25 million, enabling the company to increase the scope and ambition of its exploration efforts [2]. Exploration Targets - The Exploration Target at O'Brien is estimated to be between 3 and 4 million ounces of gold, with a grade range of 4.5 to 8.0 grams per tonne [2]. - Recent drilling has confirmed high-grade mineralization at depths of up to 2 kilometres, with significant intersections reported, including 31.24 g/t Au over 8.0 metres [3][5]. Preliminary Economic Assessment - The recently completed Preliminary Economic Assessment (PEA) indicates a high-value project with reduced capital costs and development risks due to the use of nearby milling facilities [2][14]. - The current Mineral Resource Estimate includes Indicated Mineral Resources of 0.58 million ounces and Inferred Mineral Resources of 0.93 million ounces, based on drilling completed to the end of 2022 [8][14]. Geological Context - Gold mineralization at O'Brien is associated with quartz-sulphide veins within volcanic and sedimentary rock formations, typically occurring in narrow, high-grade shoots [9][10][11]. - The historic O'Brien mine produced over half a million ounces of gold at an average grade exceeding 15 g/t Au, indicating the potential for significant resource growth [11].
Radisson Announces Closing of Brokered Financing for $25 Million
Newsfile· 2025-10-07 15:53
Not for distribution to United States newswire services or for dissemination in the United StatesRouyn-Noranda, Quebec--(Newsfile Corp. - October 7, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") is pleased to announce the closing of its previously announced "bought deal" private placement pursuant to which the Company issued a total of 41,667,000 Class A common shares of the Company (the "Offered Shares") at a price of $0.60 per Share, for gross proceeds of ...