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 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.
Radisson Mining Resources Inc. (RMRDF) will host a live VID Town Hall Forum on January 18, 2023, at 11:00 am EST. Interim CEO Denis V. Lachance and CFO Hubert Parent-Bouchard will update shareholders and stakeholders on company developments. Following the presentation, a live Q&A session will allow attendees to ask questions. Radisson focuses on its 100% owned O’Brien project, situated in the Bousquet-Cadillac mining camp, which has produced over 21 million ounces of gold in the past century. The former O’Brien Mine is known as Quebec's highest-grade gold producer.
Radisson Mining Resources (RMRDF) has shared a year-end update highlighting significant achievements in 2022. The company completed its largest diamond drilling program of 127,600 meters, yielding 85% of assays above 3 g/t Au, reinforcing the potential of the O'Brien project. In July, Vivien Janvier joined as Director of Geology, leading efforts towards a 43-101 mineral resource estimate update anticipated in H1 2023. Additionally, Radisson secured $1.7 million in financing, positioning itself for upcoming developments while pursuing UL Ecologo certification.
Radisson Mining Resources Inc. (RDS, RMRDF) has announced the award of 919,000 stock options to directors in lieu of cash payments for board member fees for H2-2022. Each option allows the acquisition of one class A share at an exercise price of $0.13, expiring December 13, 2027. Additionally, 200,000 stock options were granted to the Chairman for his role as Interim President & CEO at an exercise price of $0.12, expiring December 9, 2027. Radisson is focused on its 100% owned O’Brien gold project in Quebec, historically a high-grade gold producer.
Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) has announced a non-brokered private placement to raise at least $1,500,000. The placement will include Quebec flow-through shares priced at CAD$0.17 and Charity flow-through shares at CAD$0.225. Strong interest has been shown by the board, management, and existing shareholders, including Michael Gentile. Proceeds will fund Canadian Exploration Expenses for the O’Brien gold project in Quebec. The offering is expected to close around December 2, 2022, pending regulatory approvals.
Radisson Mining Resources announced high-grade gold intercepts from its recent 127,600 m drill program at the O’Brien gold project in Quebec. Key findings include intercepts of 18.76 g/t Au over 3.10 m and 18.45 g/t Au over 2.20 m, indicating successful resource expansion. Notably, high-grade mineralization now extends to 950 m depth, surpassing previous estimates. With 152 intercepts exceeding 5 g/t Au, the company anticipates a resource estimate update in early 2023. Current financial backing stands at approximately $2.5 million in cash.
Radisson Mining Resources has announced the immediate resignation of CEO Rahul Paul, who will transition to an advisory role. Denis V. Lachance, the current Chairman, has been appointed as the Interim CEO. Lachance brings over 40 years of mining experience and has been a key player in the company’s strategic decisions. Paul, who served as CEO since 2021, stated that the company is in a strong position for future growth. Radisson focuses on the O’Brien project in Quebec, a historically significant gold mining site.
Radisson Mining Resources announced notable high-grade gold intercepts from its 127,600 m exploration drill program at the O’Brien gold project in Quebec. Key results include intercepts of 17.11 g/t Au over 2.00 m and 45.86 g/t Au over 2.10 m at significant depths. The drilling has expanded the depth extent of resources substantially, with considerable intercepts down to 550 m. The campaign has demonstrated strong growth potential with 219 holes published, and results from 36 additional holes are still pending. The company remains well-funded, with approximately $3.0 million in cash.
Radisson Mining Resources Inc. has appointed Vivien Janvier, P.Geo, Ph.D. as its new Director of Geology, effective July 18, 2022. Janvier brings over a decade of experience in geology, including exploration management and resource estimation. His role will focus on analyzing nearly 130 km of drilling data from the O’Brien project, enhancing geological models, and uncovering additional exploration targets. Concurrently, Nicolas Guivarch has resigned from his position to pursue other opportunities. Radisson remains committed to advancing its high-grade gold project.
Radisson Mining Resources Inc. (RMRDF) reported positive outcomes from its Annual General Meeting held on June 16, 2022. Shareholders approved all proposed items, including the election of directors and the re-appointment of Raymond Chabot Grant Thornton as auditor, with votes in favor exceeding 99%. Additionally, the stock option plan was modified, increasing the limit from 18 million to 25 million options, with 3.89 million options granted at a price of $0.13 per share, valid until June 2027. Radisson continues to focus on its 100% owned O’Brien gold project in Quebec.