Radisson Mining {TSX.V: RDS}
Reported a drill intercept of 6 m of 8.35 g/t Au at their O’Brien gold project located near Val d’Or, Quebec.
This is part of the continuing 60,000-metre exploration drill program at O’Brien, CEO Mario Bouchard stated “we are increasingly confident we can meaningfully grow resources with upcoming drilling in what appears to be a target-rich environment.”
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Radisson Mining drills six m of 8.35 g/t Au at O’Brien
2020-06-01
Mr. Mario Bouchard reports
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DRILLING AT O’BRIEN HIGHLIGHTS OPPORTUNITIES FOR HIGH-GRADE RESOURCE GROWTH EAST AND WEST OF THE 36E AND F ZONES
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Radisson Mining Resources Inc. has released significant high-grade gold intercepts from the continuing 60,000-metre exploration drill program at its O’Brien gold project located along the Larder Lake Cadillac break halfway between Rouyn-Noranda and Val d’Or in Quebec, Canada.
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As announced previously, the program resumed on May 11, after having paused on March 24 in response to government of Quebec orders related to the COVID-19 pandemic.
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“Drilling at O’Brien has continued to deliver excellent results. The initial part of our program was successful in demonstrating strong continuity of high-grade mineralisation in the 36E and F zones down to a depth of 950 m, and within a mineralised trend similar to that historically mined at O’Brien. This area remains a high-priority target for us, with assays pending for holes OB-19-98W1 and OB-19-98-W2, which intersected visible gold in mineralised zones to the west of and above a previously released intercept of 66.71 grams per tonne over 4.70 m.
“We are also pleased that recent drilling has demonstrated the potential for a second mineralised trend to the east, largely untested below 400 m. In particular, hole OB-20-124 returned 8.35 g/t Au over 6.00 m (including 10.33 g/t over 3.00 m), intersecting what appears to be a high-grade structure in a largely untested area, and highlighting a potential second steeply dipping trend approximately 300 m east of the high-grade trend defined in the 36E zone.
.”In addition, OB-19-111W2 intersected 13.86 g/t Au over 2.10 m (including 41.00 g/t Au over 0.70 m), 45 metres below a previously released intercept of 26.42 g/t Au over 2.05 m (in hole OB-19-111), both intercepts near the western boundary of resources defined in the F zone. These holes, along with historical high-grade intercepts highlight an opportunity to add resources in the gap between current resources and the old O’Brien mine”..
“Results released so far represent only about 35 per cent of our planned 60,000 m program and we look forward to further drilling these high-potential areas in the coming weeks. With results continuing to validate our litho-structural model, we are increasingly confident we can meaningfully grow resources with upcoming drilling in what appears to be a target-rich environment. We are pleased to have our exploration team on site at O’Brien again to resume our fully funded drill campaign and look forward to releasing additional results in the coming weeks,” commented Mario Bouchard, president and chief executive officer.
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