Radisson Mining Stock Price, News & Analysis

Radisson Mining Resources (OTCQB:RMRDF) announced significant drill results from its 100%-owned O'Brien Gold Project in Quebec, with fifteen new drill holes expanding the project's known gold mineralization. Key highlights include intersections of 8.41 g/t Au over 2.2m, 7.95 g/t Au over 2.30m, and 12.75 g/t Au over 1.4m.

The drilling program represents step-outs below the existing geological model, with some holes pushing mineralization downwards by up to 300 meters. The company's Exploration Target suggests potential for 3-4 million ounces of gold in 15-20 million tonnes at 4.5-8.0 g/t Au. Currently, four rigs are active at the project as Radisson focuses on aggressive exploration and resource growth following their recent Preliminary Economic Assessment.

Radisson Mining Resources (OTCQB: RMRDF) has filed a technical report for its O'Brien Gold Project in Quebec, detailing results of a Preliminary Economic Assessment (PEA). The PEA reveals strong economic potential with an after-tax NPV5% of $532 million and an IRR of 48% at US$2,550/oz gold.

The project features an 11-year mine life with expected production of 740,000 ounces of gold at an average recovery rate of 87%. Initial capital costs are estimated at $175 million, with all-in sustaining costs of US$1,059/oz. The project expects average steady-state gold production of 70,000 ounces annually during years 2-8, generating average annual after-tax free cash flow of $97 million.

Radisson Mining Resources (OTCQB: RMRDF) has announced a significant discovery of coarse visible gold in a new surface trench at its 100%-owned O'Brien Gold Project in Quebec. The discovery was made just 30 meters east of the O'Brien core shack and office complex, near the projected surface extension of the "Jewellery Box" zone.

The discovery follows the company's December 2024 drill intercept that yielded 643.1 g/t gold over 2.1 metres, including 1,345.0 g/t Au over 1.0 metre at approximately 200 metres vertical depth. The trench is the first of several planned for the summer exploration program, revealing a three-metre wide zone of Quartz-Sulphide-Gold veining with Z-fold structure.

This area lies outside the scope of the Project's Mineral Resources and recent Preliminary Economic Assessment, suggesting additional exploration potential.

Radisson Mining Resources (OTCQB: RMRDF) has reported exceptional drilling results from its 100%-owned O'Brien Gold Project in Quebec, achieving the highest-grade intercepts to date beneath the historic mine. The standout result came from drill hole OB-25-337W7, which intersected 89.36 g/t gold over 3.7 metres, including 293.0 g/t Au over 1.1 metres.

The company completed four new wedge extensions (OB-25-337W4 to W7) from its deepest pilot hole, demonstrating significant mineralization with up to six gold-bearing veins delineated over a 250m by 250m area. Additional drilling near the historic "Jewellery Box" zone returned notable results, including 4.32 g/t Au over 6.5 metres in OB-25-370.

These results are particularly significant as they fall outside the scope of the recently reported Preliminary Economic Assessment and suggest potential extension of the O'Brien mineralizing system to 2 kilometers depth, indicating substantial expansion potential for the project.

Radisson Mining Resources (OTCQB: RMRDF) announced a positive Preliminary Economic Assessment (PEA) for its O'Brien Gold Project in Quebec, revealing strong economic potential. The project demonstrates an after-tax NPV5% of C$532 million and an IRR of 48% at US$2,550/oz gold.

The PEA outlines an 11-year mine life with 740,000 ounces of gold production and an average steady-state production of 70,000 ounces annually during years 2-8. The project requires C$175 million in initial capital and features competitive costs with an AISC of US$1,059/oz.

The study assumes off-site toll milling at the nearby Doyon gold mill, reducing capital costs and environmental footprint. The project demonstrates strong economics with a 2-year payback period and potential for resource growth through ongoing drilling programs.

Radisson Mining Resources (RMRDF) held its Annual and Special Meeting of Shareholders on June 12, 2025, with 45.22% of class A shares represented. Shareholders approved all items, including director elections and a new Omnibus Equity Incentive Plan. The company reappointed Pierre Beaudoin as Board Chairperson. The new Omnibus Plan replaces the previous stock option plan, featuring a rolling 10% share reserve for various equity-based awards. Following the AGM, the Board granted 2,739,014 stock options at $0.425 per share, 966,416 RSUs to officers, and 541,176 DSUs to independent directors. Radisson's primary asset is the 100% owned O'Brien Gold Project in Quebec, which hosts Indicated Mineral Resources of 0.50 million ounces at 10.26 g/t Au and Inferred Resources of 0.45 million ounces at 8.66 g/t Au.

Radisson Mining Resources (RMRDF) has announced a significant expansion of its drill exploration program at the 100%-owned O'Brien Gold Project in Quebec. Following a successful C$12M financing, the company will add 30,000-40,000 meters of new drilling, with 18,000 meters planned for 2025 on top of the existing 22,000-meter program. The project will add a fourth drilling rig in June. The expanded program aims to explore depths up to 2 kilometers, particularly beneath the historic O'Brien mine where recent drilling has shown promising high-grade gold mineralization. The company's current resource estimate includes 0.50M ounces of Indicated Resources (1.52M tonnes at 10.26 g/t Au) and 0.45M ounces of Inferred Resources (1.60M tonnes at 8.66 g/t Au). Based on recent drilling success, Radisson believes the project has exploration potential of 3-4 million ounces at the 2,000-meter depth horizon.

Radisson Mining Resources (OTCQB: RMRDF) has successfully closed an oversubscribed private placement raising $12.07 million. The offering included 4.5M common shares at C$0.30 and 31.5M flow-through shares at C$0.34. The proceeds will fund Canadian Exploration Expenses at the O'Brien Gold Project in Quebec. The project, located in the Bousquet-Cadillac mining camp, hosts the former O'Brien Mine, historically Quebec's highest-grade gold producer. Current resources include 0.50M ounces indicated (1.52M tonnes at 10.26 g/t Au) and 0.45M ounces inferred (1.60M tonnes at 8.66 g/t Au). The company plans to expand its ongoing 22,000-metre drill program, focusing on exploring mineralization below the existing resources, where recent drilling has revealed promising high-grade gold intercepts.

Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) has announced significant drill results from three new wedge holes at its 100%-owned O'Brien Gold Project in Quebec. The drilling program expanded upon a previously reported pilot hole that intersected 31.24 g/t Au over 8.0 metres, including 242.0 g/t Au over 1.0 metre at 1,500 metres depth.

Key new intersections include:

• 29.93 g/t Au over 2.2 metres (OB-24-337W3)
• 4.44 g/t Au over 6.4 metres (OB-24-337W1)
• 9.62 g/t Au over 1.4 metres (OB-24-337W2)

The results confirm multiple high-grade gold veins with good continuity below the historic O'Brien Mine. The company's 22,000-metre drill program aims to test mineralization up to 2 kilometers depth, with current resources primarily defined to only 600 metres depth. The project currently has Indicated Resources of 0.50 million ounces at 10.26 g/t Au and Inferred Resources of 0.45 million ounces at 8.66 g/t Au.