Radisson announces drill results from their O’Brien gold project

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Radisson Mining Resources {TSX.V: RDS} announced the first set of results from the 6,000 m ongoing drilling program on the Vintage Zone of the O’Brien gold project, located in Quebec, Canada.

 

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Radisson Mining Resources {TSX.V: RDS} is pleased to announce the first set of results from the 6,000 m ongoing drilling program on the Vintage Zone of the O’Brien gold project.

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The project is located along the Cadillac Break, 8km west of Agnico-Eagle’s Lapa mine, halfway between Rouyn-Noranda and Val-d’Or in Quebec, Canada. The Vintage zone is parallel to, and to the north of the bulk of current resources at the O’Brien project. The zone is located only 85 meters north of the Cadillac Break in a context that is similar to historical mines in the Cadillac mining camp.

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Mario Bouchard, President and CEO commented: “The significant results obtained within the 825 m strike of the Vintage Zone are encouraging and continue to highlight the exploration potential of the sector. We await results from five drill holes that aimed the eastern extension of Vintage. The intercept of 6.9 g/t Au over 4 meters obtained in a different geological setting at depth is of particular interest. This setting remains open in all direction and will require deeper drill holes in order to be tested. To this extent, the imminent completion of the resource estimate update and 3D geological model of the O’Brien project will allow the company to define additional drill targets below the 600 m level, both on the Vintage Zone and current resource area a few meters south. I must underline that current resource area also remains open at depth where one drill hole completed in 2004 returned 17.5 g/t Au over 1 m at 1,228 meters depth.”

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Press release highlights:

  • Significant intersections reported are:
    • 30.6 g/t Au over 1 meter at 436 m depth in hole OB-17-49W3
    • 11.6 g/t Au over 0.9 m at 336.2 m depth in hole OB-17-49W3
    • 17.0 g/t Au over 0.9 m at 211.5 m depth in hole OB-17-67

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With the presence of multiple Visible Gold intercepts, the wedge holes (W1, W2, W3) completed from hole OB-17-49 are indicating:

  • The vertical continuity and favourable geometry of the gold system on the Vintage Zone, with presence of quartz veins, arsenopyrite and multiple Visible Gold intercepts.
  • The deepest drill hole completed on the Vintage Zone (OB-17-49) intersected a sulphides rich Banded Iron Formation (10% pyrite and 10% pyrrhotite as opposed to arsenopyrite) which returned 6.9 g/t Au over 4 m. As expected, the wedge holes completed on this section have intersected the Banded Iron Formation, but without the presence of pyrite, pyrrhotite and significant gold values. Up to date, this system remains open laterally and at depth.
  • Assays are pending from 5 drill holes for approximately of 2,200 meters.
  • The next two drill holes will be completed on the Western actual boundary of the Vintage Zone where hole OB-17-56 returned 27.5 g/t Au over 1.4 meters near surface..

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To read the full article, please click HERE

 

 

 

 

 

 

 

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