Radisson intersects 92.9 g/t Au at the O’Brien Mine

Radisson Mining is pleased to announce additional significant high-grade results from its ongoing 60,000 m drill program at the O’Brien gold project.

Potential for a third high-grade mineralized trend, approximately 900 m east of the old O’Brien mine, with multiple high-grade intercepts outside the boundary of defined resources.

  • Hole OB-20-149 returned 45.86 g/t over 2.10 m (500 m vertical depth) including 92.90 g/t over 1.00 m with visible gold showings (see photo 1 and photo 2) obtained 260 m below defined resources.
  • Hole OB-20-146 returned 17.90 g/t over 2.15 m (105 m vertical depth) and 21.29 g/t over 2.00 m (260 m vertical depth).
  • Hole OB-20-144 returned 5.79 g/t over 2.00 m (135 m vertical depth)
  • Highlights opportunity for significant resource growth in a largely undrilled area
  • Mineralization has been traced down to 500 m vertical depth, with the zone open for expansion laterally and at depth.

Opportunity for additional resource growth within a second mineralized trend located approximately 600 m east of the old O’Brien Mine

  • Hole OB-20-142 returned multiple high-grade intercepts east of defined resources in the area including 5.58 g/t over 2.00 m, 11.02 g/t over 2.00 m and 5.81 g/t over 2.00 m
  • Current resources in the area are largely above 360 m vertical depth and mineralization remains open for expansion laterally and at depth.    

Drilling continues to expand the first mineralized trend (36E Zone), approximately 300 m to the east of the old O’Brien Mine and below the resource boundary

  • Hole OB-20-145 returned 12.48 g/t Au over 2.00 m core length (vertical depth of 725 m)
  • The majority of defined resources in the area are within 600 m vertical depth.
  • Drilling to date demonstrates continuity down to approximately 950 m, within an area extending approximately 300 m laterally and 350 m vertically below the resource boundary.
  • Mineralization is open for expansion laterally and at depth below 950 m.

With the close of the New Alger acquisition, Radisson’s claims cover a prospective strike length of 5.9 km along the prolific Cadillac Break

  • Prospective strike now includes approximately 3 km east and 3 km west of the old O’Brien Mine, historically the highest-grade gold mine in Quebec (production of 587 k oz at 15.25 g/t average grade from 1926 – 1957).
  • Drilling thus far has mostly been limited to 1 km to the east of the old mine
  • The company plans to systematically step out further to the east as well as initiate drilling on high potential targets to the west of the O’Brien Mine.

45,771 m of drilling completed to date with assays pending for approximately 12,771 m

  • Released results represent 55% of a planned 60,000 m program.
  • The company is funded to expand the program to over 75,000 m.

Prior drilling demonstrated the potential for two high grade mineralized trends, located approximately 300 m and 600 m respectively to the east of and bearing similarities to structures historically mined at the O’Brien Mine.

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