Radisson Mining Resources Inc. {TSX-V: RDS} announced the first set of results from the exploration drill program completed as part of the ongoing 20,000 metres drill program at the Company’s O’Brien gold project.
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RADISSON DISCOVERS MULTIPLE HIGH-GRADE GOLD INTERSECTS OVER 200 METRES ALONG STRIKE IN THE VINTAGE ZONE
Rouyn-Noranda, Quebec – Radisson Mining Resources Inc. {TSX-V: RDS} is pleased to announce the first set of results from the exploration drill program completed as part of the ongoing 20,000 metres drill program at the Company’s O’Brien gold project.
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The project is located along the Larder-Lake-Cadillac (“L-L-C”) fault halfway between Rouyn-Noranda and Val-d’Or, two renowned mining towns in the province of Quebec, Canada.
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First four exploration drill holes completed in the Vintage Zone have intersected multiple high-grade gold zones hosted by a sub vertical shear vein system. The structure has been traced by drilling on over 200 metres strike length from East to West and is open in all directions.
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The 5,190 metres exploration drill program completed during the summer focused on high-priority exploration targets defined outside current resources of the O’Brien gold project. Current results are from four drill holes completed north of the L-L-C in the Vintage Zone. Results are pending for 6 holes totalling 3,506 metres.
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Mario Bouchard, President and CEO commented: “The results from these exploration drill holes completed in the Vintage Zone are highlighting the strong exploration potential north of the Larder-Lake-Cadillac fault on the O’Brien project. To put the significance of these results in context, one should remember that the bulk of current resources are located a few metres south of the L-L-C, in the Piche volcanic group. The data compilation of the few exploration work historically conducted on the Vintage Zone allowed Radisson to identify several high-priority exploration targets in this area of the O’Brien gold project. The fact that the company was able to identify gold mineralisation over 200 metres strike length with only four drill holes speaks by itself. The current results in addition to historical information helps to demonstrate the continuity and the favourable geometry of the Vintage Zone. All intercepts remain open laterally and at depth.”
Qualified PersonTony Brisson, P. Geo, independent consultant, acts as a Qualified Person as defined in National Instrument 43-101 and has reviewed and approved the technical information in this press release.
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About Radisson Mining Resources Inc.
Radisson is a Quebec-based mineral exploration company. The O’Brien project, cut by the regional Larder-Lake-Cadillac Fault, is Radisson’s flagship asset. The projecthosts the former O’Brien Mine, considered to have been the Abitibi Greenstone Belt’s highest-grade gold producer during its production (1,197,147 metric tons at 15.25 g/t Au for 587,121 ounces of gold from 1926 to 1957; InnovExplo, April 2015).
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For more information on Radisson, visit www.radissonmining.com
or contact: Hubert Parent-Bouchard – Corporate Development
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Forward-Looking Statements: This press release may contain certain forward-looking information. All statements included herein, including the scheduled Closing date, but other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward looking information can be found in Radisson’s disclosure documents on the SEDAR website at www.sedar.com.