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Radisson Mining Resources reports exploration and development activity for the 100%-owned O'Brien Gold Project in the Abitibi region of Québec. Company announcements focus on step-out drilling beneath the historic O'Brien gold mine, high-grade gold assay results, vein-hosted mineralization, geological modelling, and updates to mineral resource estimates.
Recurring developments also include metallurgical and preliminary economic assessment work tied to processing and project planning, site-operating updates, warrant exercises and other financing activity, and board or governance changes. The news record centers on how Radisson defines the scale, continuity, and potential development path of gold mineralization at O'Brien.
Radisson Mining Resources (RMRDF) will participate in the inaugural Gentile Mining Investor Forum, a full-day mining investor conference in London on October 19, 2026, at 116 Pall Mall, Mayfair.
The event, curated by mining investor Michael Gentile with Amvest Capital, will host up to 150 investors, family offices, wealth managers and sector-focused high-net-worth individuals, with structured one-on-one meetings and issuer showcases featuring over 20 companies from Gentile's portfolio, including Radisson. Radisson President and CEO Matt Manson highlighted the O'Brien Gold Project, noting a fully-funded 140,000-metre step-out drill program with eight rigs and a recently completed C$57 million investment by Agnico Eagle Mines to support an advanced underground exploration program.
Radisson Mining Resources (RMRDF) reported new high-grade gold intercepts from six wedge drill holes in the “Trend 1–Trend 2 Gap” at its 100%-owned O’Brien Gold Project in Quebec.
Key results include hole OB-26-386W4 with 52.34 g/t Au over 3.0 m including 154.95 g/t Au over 1.0 m, plus 3.82 g/t Au over 10.2 m and 9.39 g/t Au over 2.0 m. Hole OB-26-387W7 returned 10.62 g/t Au over 4.7 m including 40.90 g/t Au over 1.1 m and 29.34 g/t Au over 1.0 m. Additional holes reported intercepts such as 5.37 g/t Au over 4.2 m and 6.14 g/t Au over 3.7 m.
Thirteen of fifteen holes drilled from two pilot holes in this 800-metre vertical gap now show grades and thicknesses consistent with existing mineral resources, suggesting lateral continuity of mineralization between Trends 1 and 2. These results form part of a 140,000-metre fully funded step-out drill program, currently using eight rigs, aimed at expanding mineral resources beyond the March 2026 Mineral Resource Estimate. Since December 2024, 98 of 120 drill holes at O’Brien have returned >3 g/t Au intercepts, an 82% success rate.
Radisson Mining Resources (OTCQX: RMRDF, TSXV: RDS) closed its previously announced non-brokered private placement with Agnico Eagle Mines, issuing 53,420,000 units at C$1.07 per unit for gross proceeds of C$57,159,400. Each unit includes one Class A common share and half a warrant, with full warrants exercisable at C$1.39 per share for 60 months.
According to Radisson, Agnico Eagle now holds about 10.45% of common shares on a non-diluted basis and 14.90% on a partially diluted basis. Proceeds will fund an advanced underground exploration program at the 100%-owned O'Brien Gold Project in Québec, including an access ramp and mine infrastructure, while the ongoing 140,000‑metre step‑out drill program remains funded from existing cash. An investor rights agreement with Agnico Eagle was executed at closing. Securities carry a hold period until January 2, 2027, and the placement remains subject to final TSX Venture Exchange acceptance.
Radisson Mining Resources (OTCQX:RMRDF) announced a strategic C$57.16 million private placement with Agnico Eagle Mines, which agreed to purchase 53,420,000 units at C$1.07 per unit, a 6% premium to Radisson's August 21, 2026 closing price and 19% above its 20‑day VWAP.
Each unit includes one common share and one‑half warrant; each whole warrant is exercisable at C$1.39 for 60 months and may be accelerated after 24 months if VWAP exceeds C$1.85 for 20 consecutive trading days. On closing, Agnico Eagle is expected to hold about 10.45% of Radisson's common shares (non‑diluted) and 14.90% on a partially diluted basis.
According to Radisson, proceeds will fund an advanced underground exploration program at the 100%-owned O'Brien Gold Project in Québec, including an access ramp, underground and surface infrastructure, and water management, while its separate 140,000‑metre step‑out drilling program remains fully funded from existing cash. An investor rights agreement will grant Agnico Eagle board nomination and pro‑rata participation rights and impose specified restrictions on certain mineral property transactions through December 31, 2028. Closing is subject to TSX Venture Exchange approval and customary conditions.
Radisson Mining (OTCQX:RMRDF) reported record drill results from its 100%-owned O'Brien Gold Project in Quebec. Hole OB-26-385W4 returned 1,603.95 g/t gold over 1.0 m within 316.31 g/t over 5.1 m, the highest assay in the project's history and potentially a new high-grade Pontiac Formation zone outside current mineral resources.
Two other holes, OB-26-384W1 (Trend #1) and OB-26-386W3 (Trend 1–2 Gap), delivered multiple high-grade intercepts between ~1,600–1,700 m depth. These results form part of a 140,000 m step-out drill program with eight rigs and contribute to an 81% overall success rate of holes returning >3 g/t gold.
Radisson (OTCQX:RMRDF) reported new deep step-out drill results from its 100%-owned O'Brien Gold Project in Quebec, with eight rigs active. Key hole OB-26-378W3 at O'Brien Mine East intersected at least five mineralized zones over an aggregate 36 m at 1,720 m vertical depth.
OB-26-378W3 returned intervals such as 4.06 g/t Au over 13.1 m and 3.52 g/t Au over 13.0 m, while OB-26-385W3 cut 178.69 g/t Au over 1.1 m. Drilling is extending mineralization beyond the March 2026 MRE and into previously untested gaps.
Radisson (OTCQX:RMRDF, TSXV:RDS) reported results of its June 11, 2026 annual and special shareholder meeting. All items passed, including director elections, auditor appointment, renewal of the Omnibus Equity Incentive Plan with a 10% rolling share reserve, and a new shareholder rights plan subject to TSX Venture approval.
The board granted 2,758,181 stock options at $0.86, 381,976 RSUs and 372,095 DSUs under the Omnibus Plan.
Radisson Mining Resources (OTCQX:RMRDF, TSXV:RDS) reported AGM results for June 11, 2026. Shareholders approved all items, including director elections, auditor reappointment, reapproval of the Omnibus Equity Incentive Plan and a new Shareholder Rights Plan. Representation totaled 189,311,186 votes, or 43.62% of common shares.
The Omnibus Plan maintains a rolling 10% share reserve for equity awards. A new rights plan, replacing the 2024 plan, aims to address unsolicited take-over bids and awaits TSX Venture Exchange acceptance. The board granted 2,758,181 options at $0.86, plus 381,976 RSUs and 372,095 DSUs under the plan.
Radisson Mining (OTCQX:RMRDF) reported new high-grade assays from the O'Brien Gold Project’s under-drilled Trend 1-Trend 2 Gap in Quebec. Six of seven holes hit significant gold intercepts, including 7.57 g/t Au over 9.7 m and multiple 1.0 m intervals above 60 g/t Au.
These results come from a 140,000 m step-out drill program testing mineralization down to 2 km, with plans to extend to 2.5 km. Historic and recent drilling together show strong vertical and emerging lateral continuity of gold-bearing veins, supporting potential future mineral resource updates and mine design optimization.
Radisson (OTCQX: RMRDF) reported assay results from 16 new drill holes at the 100%‑owned O'Brien Gold Project on April 30, 2026. Pilot hole OB-26-384 reached 1,900 metres vertical depth, returning multiple high‑grade intercepts including 4.54 g/t Au over 12.0 m and higher-grade one‑metre intervals.
The results extend mineralization below the March 2026 Mineral Resource Estimate and form part of a 140,000‑metre step‑out drill program with seven active rigs and ongoing wedge drilling.