Radisson Mining Stock Price, News & Analysis

Radisson Mining Resources Inc. (RMRDF) has nominated Siri C. Genik as an independent director for its upcoming annual general meeting on June 16, 2022. With over 25 years in the Natural Resource and Infrastructure industries, Genik brings expertise in Sustainability and ESG practices. Her past roles include key positions at BHP Canada and Glencore. The board has added four independent directors in 18 months to strengthen governance. Management is optimistic about Genik's contributions to value creation for shareholders and the development of the O’Brien mine in Quebec's gold-rich region.

Radisson Mining Resources announced significant high-grade gold intercepts from its ongoing 130,000 m drill program at the O’Brien gold project in Quebec. Key highlights include:37.86 g/t Au over 2.00 m and 12.69 g/t Au over 3.50 m. As of April 15, 2022, 121,750 m of drilling is completed, with results pending for 24,000 m in 50 holes. The company maintains a cash balance of approximately $7.0M. The results demonstrate the continuity of mineralization down to a depth of 750 m, indicating significant exploration potential.

Radisson Mining Resources announces promising high-grade gold intercepts from its ongoing 130,000 m exploration drill program at the O’Brien project in Quebec. Key highlights include intercepts of 59.79 g/t over 3.00 m and 173.50 g/t over 1.00 m, indicating significant continuity of high-grade mineralization down to 620 m. The drilling program has completed 119,800 m out of the planned total, with results pending for an additional 25,500 m. The company holds a cash balance of approximately $9.0 million as of February 15, 2022, and anticipates further results that could enhance resource estimates.

Radisson Mining Resources Inc. (RMRDF) announced promising results from its ongoing 130,000 m exploration drill program at the O’Brien gold project in Quebec. Significant high-grade intercepts include 38.34 g/t over 2.00 m and 7.24 g/t over 3.20 m, indicating strong potential for additional high-grade gold enrichment along a largely untested 2.5 km strike. As of January 15, 2022, 119,000 m of drilling have been completed, with $10.5 million in cash available for further exploration. Further results from 28,300 m of pending assays are expected, indicating continued exploration momentum.

Radisson Mining Resources announces promising high-grade gold intercepts from its O’Brien gold project, with significant results in its 130,000 m drill program. Key highlights include:

• OB-21-241: 31.56 g/t Au over 2.00 m.
• OB-21-228: Multiple intercepts, including 13.83 g/t Au over 2.40 m.
• OB-21-255: 15.68 g/t Au over 2.00 m.
• Ongoing drilling has validated four high-grade mineralized trends, revealing strong resource expansion potential.

The company holds a cash balance of approximately $11.0 million, with results pending for 34,000 m of drilling.

Radisson Mining Resources (RMRDF) has successfully completed a private placement, raising $6,773,110 through the issuance of 10,819,629 Quebec flow-through and other shares. The funds will be directed towards exploration expenses at the O’Brien project in Québec. Insiders participated with a total of 1,315,800 QC FT Shares and 156,250 FED FT Shares. The Offering includes a cash commission of $305,478 to agents and 794,532 compensation warrants for further share purchases, subject to a four-month hold period.

Radisson Mining Resources has announced notable high-grade gold intercepts from its ongoing 130,000 m drill program at the O’Brien gold project in Quebec. Significant findings include 34.71 g/t over 3.90 m and 17.56 g/t over 2.00 m, confirming resource expansion potential down to 950 m vertical depth along trend #1. The company has completed 99,100 m of drilling so far and holds a cash balance of approximately $8.5 million. The results continue to validate the lithostructural model and indicate potential for substantial resource growth.

Radisson Mining Resources has appointed Pierre Beaudoin and Jeff Swinoga to its board of directors, effective September 22, 2021. Beaudoin brings over 30 years of experience in mine operations, while Swinoga has 25 years in capital markets and project development. Additionally, Rahul Paul has been confirmed as President and CEO as of September 15, 2021. This leadership change aims to enhance the company's strategic planning and value creation, particularly for the O’Brien Gold Project. Year-to-date, insiders have purchased 5.65 million shares, indicating confidence in the company's future.

Radisson Mining Resources announces promising high-grade gold intercepts from its ongoing 130,000 m drill program at the O’Brien gold project in Quebec. Key results include OB-21-204 reporting 25.68 g/t Au over 2.00 m and OB-21-211 with 15.91 g/t Au over 2.00 m. This drilling has extended mineralization down to depths of 800 m along trend #2 and 500 m along trend #3, suggesting potential for resource growth. The company maintains a cash balance of approximately $10M, and drilling efforts indicate significant upside in unexplored areas.