Radisson Mining Stock Price, News & Analysis

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.

Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) has achieved the UL 2723 ECOLOGO® Certification for Mineral Exploration Companies, marking a significant milestone in responsible mineral exploration practices. The certification, conducted by global science-based third-party testing company UL Solutions, validates Radisson's commitment to environmental, social, and commercial best practices.

The certification program, launched in 2019, was developed through a collaboration between the Quebec Mineral Exploration Association (AEMQ), UQAT (Université du Québec en Abitibi-Témiscamingue), and UL Solutions. This represents the first comprehensive certification program for Canadian Mineral Exploration Companies and their service providers.

Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) has announced new drill results from its 2024 drill program at the O'Brien Gold Project in Quebec. The program, consisting of 35,000 metres, revealed significant gold intersections including 8.36 g/t gold over 15.0 metres in hole OB-24-358 and 10.32 g/t Au over 4.1 metres in hole OB-24-327.

The results come from seventeen drill holes focused on shallow drilling within the existing Mineral Resource area across Trends 1, 2, and 3. The project demonstrates characteristic narrow, high-grade gold mineralization within quartz-sulphide veins. The O'Brien Project currently holds Indicated Mineral Resources of 0.50 million ounces (1.52 million tonnes at 10.26 g/t Au) and Inferred Resources of 0.45 million ounces (1.60 million tonnes at 8.66 g/t Au).

Radisson Mining Resources (RMRDF) announced positive metallurgical study results for its 100%-owned O'Brien Gold Project in Quebec. The study, conducted with IAMGOLD , evaluated processing options at the nearby Doyon gold mill, located 21 kilometers west of O'Brien.

Three processing flow sheet options were tested, all compatible with the Doyon mill:

• Gravity-Leach: 86% gold recovery
• Gravity-Flotation-Regrind-Leach: 90% gold recovery
• Gravity-Flotation-Concentrate Sale: 94-96% gold recovery

The study, performed at SGS Canada's Lakefield facilities under Ausenco Engineering supervision, showed arsenic values of 0.4-0.5% in whole rock and 4.6% in flotation concentrate, consistent with Abitibi region projects. All recovery options exceeded the 85% assumed in the March 2023 Mineral Resource Estimate.

Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) has announced its 2025 outlook and exploration plans for the 100%-owned O'Brien Gold Project in Quebec. The company has allocated a C$6.8M exploration budget, fully funded from existing treasury, which includes:

- 22,000 meters of exploration drilling, focusing on expanding mineralization below existing resources
- Surface exploration to trace the historic O'Brien 'Jewellery Box' zone
- Completion of metallurgical studies and milling assessment with IAMGOLD
- Environmental baseline studies and community engagement

Recent drilling results showed significant findings, including 242.0 g/t gold over 1.0 metre at 1,500 meters depth and 643.1 g/t Au over 2.1 metres in the Jewellery Box zone. The company plans to conduct a Preliminary Economic Assessment (PEA) based on utilizing IAMGOLD's nearby Doyon mill, located 21 kilometers west of O'Brien.

Radisson Mining Resources (TSXV: RDS, OTCQB: RMRDF) received C$782,264.25 from the exercise of 2,897,275 warrants at $0.27 per warrant, which were issued in June 2023 and exercised in full before expiring December 30, 2024.

The company reported significant drilling results at its O'Brien Gold Project, including the deepest hole ever drilled returning 31.24 g/t gold over 8.0 metres (including 242.0 g/t gold over 1.0 metre) 500 metres below the original mine. Another notable intercept showed 1,345 g/t gold over 1.0 metre at shallow depth.

Radisson is progressing with IAMGOLD under an MOU to assess processing O'Brien material at the Doyon gold mill, including metallurgical studies, flow sheet review, and tailings assessment, expected to complete early 2025.