Rouyn-Noranda, Qc Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF): (“Radisson” or the “Company”) is pleased to announce significant high-grade gold intercepts from the 127,600 m exploration drill program completed this summer at its 100% owned O’Brien gold project located along the Larder-Lake-Cadillac Break (see location map 1 and location map 2), halfway between Rouyn-Noranda and Val-d’Or in Quebec, Canada.

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Key highlights

• Significant intercepts from drilling along high-grade trend #3
  • 17.11 g/t Au over 2.00 m and 5.16 g/t Au over 1.70 m (OB-21-279)
  • 12.66 g/t Au over 1.80 m including 27.90 g/t Au over 0.80 m (OB-21-275)

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Rahul Paul, President and Chief Executive Officer commented;

“We are pleased to report the successful conclusion of a 127,600 m drill campaign that commenced in August 2019.

 

“Results have continued to impress with219 holes published thus far including 141 intercepts grading over 5 g/t and 59 intercepts grading over 10 g/t. The use of directional drilling technology in the last 12 months significantly increased drilling efficiency, as a result of which we were able to precisely hit deeper high-priority targets and to drill test 10% more targets than originally budgeted with fewer metres.

 

“The majority of drilling targeted resource expansion along trends 0, 1 and 2, and results appear to have almost doubled the depth extent of resources in those sectors. Some drilling was also allocated towards defining additional O’Brien-like mineralized trends further to the east.

 

“Results obtained along trend #3 and trend #4 have highlighted the significant high-grade potential approximately 900 m and 1,200 m east of the old O’Brien mine. While these two trends did not contribute meaningfully to the resource estimate published by Radisson in 2019, approximately 24,670 metres in 59 exploration holes were drilled during the campaign with impressive results, including 28 intercepts returning grades of over 5 g/t Au.

 

“Both trends remain open below 500 m and the property remain largely unexplored for an additional 750 m east of trend #4. We believe that the high-grade results obtained in these sectors highlight only a portion of the resource growth potential that still resides near surface at O’Brien.

 

“Results are pending for 18,500 m of drilling in 36 additional holes drilled to test high-priority deeper targets along trends 1 and 2.In parallel, ourefforts are now largely focused on interpreting and incorporating results from the drill program into an updated lithostructural model and mineral resource estimate targeted for completion by late 2022/early 2023.”

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To read the full news release, please click HERE

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At the time of writing the author holds no shares in Radisson Mining.

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