Welcome to our dedicated page for Radisson Mining news (Ticker: RMRDF), a resource for investors and traders seeking the latest updates and insights on Radisson Mining stock.
Radisson Mining Resources Inc. (OTCQX: RMRDF) is a gold exploration company focused on its 100%-owned O’Brien Gold Project in the Abitibi region of Québec. The RMRDF news page on Stock Titan aggregates company announcements and technical updates related to exploration, drilling, and project evaluation at O’Brien.
Radisson’s news flow is heavily driven by step-out drilling results from its large-scale program at O’Brien. Investors can review detailed assay results from deep pilot holes and directional wedges beneath the historic O’Brien gold mine, step-outs below existing mineral resources along defined trends, and drilling beneath the “O’Brien Mine West” area. Many releases include tables of intercepts, geological context, and commentary on how new holes extend known mineralization.
Another recurring theme in Radisson’s news is the Preliminary Economic Assessment and related technical work. The company has reported on the filing of an NI 43-101 technical report for the O’Brien PEA, which outlines a conceptual underground project using off-site toll milling and existing regional infrastructure. Updates also cover metallurgical studies, milling assessments, and mine design and optimization work that support the PEA framework.
Radisson’s releases additionally highlight surface exploration such as trenching that has uncovered coarse visible gold near existing site facilities, as well as corporate and financing developments like equity financings and the exercise of warrants that fund the ongoing drill program. For readers following RMRDF news, this page provides a centralized view of the company’s exploration progress, technical milestones, and project-level developments at O’Brien.
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 (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.