Radisson Mining Stock Price, News & Analysis

Radisson Mining Resources Inc. has filed an independent technical report for its O’Brien gold project, dated April 14, 2023. This report shows a 58% increase in indicated resources to 1,517,000 tonnes at 10.26 g/t Au, equating to 501,000 ounces. Inferred resources surged by 167% to 1,616,000 tonnes grading 8.64 g/t Au, totaling 449,000 ounces. The new Mineral Resource Estimate is based on 127,600 meters of additional drilling since July 2019 and indicates potential for further resource growth along a 5.2 km land package, with mineralization open for exploration. The O’Brien project is part of the renowned Larder-Lake Cadillac Break, which boasts a historical production of over 21 million ounces of gold.

Radisson Mining Resources Inc. has reported a significant increase in its mineral resource estimates for the O’Brien gold project in Quebec. Indicated resources surged by 58% to 1,517,000 tonnes at 10.26 g/t Au, totaling 501,000 ounces, while Inferred resources jumped 167% to 1,616,000 tonnes at 8.64 g/t Au, equating to 449,000 ounces. The updated estimate incorporates 127,600 meters of drilling since July 2019. The company emphasizes the project's high-grade potential and plans further exploration to expand its resources along the Larder-Lake-Cadillac Break.

Radisson Mining Resources reports successful results from its 127,600 m exploration drill program at the O’Brien gold project in Quebec, highlighting substantial high-grade gold intercepts. Key findings include:

• 10.65 g/t Au over 4.40 m
• 21.84 g/t Au over 2.00 m
• 21.33 g/t Au over 2.00 m

The drilling campaign expanded high-grade mineralization to 900 m depth, confirming the potential for increased resources. A mineral resource estimate update is scheduled for Q1 2023, with strong financial backing of approximately $3.0 m in cash remaining.