Radisson Mining Resources (TSX-V: RDS)
Announced significant high-grade gold intercepts from the ongoing 130,000 m exploration drill program at its 100% owned O’Brien gold project located along the Larder-Lake-Cadillac Break, halfway between Rouyn-Noranda and Val-d’Or in Quebec, Canada.
||TSX.v : RDS
||C$64 m @ 25.5 c
Radisson Mining reports high grade gold intercepts including 13.90 g/t over 8.20 m, 8.87 g/t over 5.00 m and 18.87 g/t over 2.10 m, highlighting resource expansion potential at depth along trend #2 at the O’Brien project
|Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF): (“Radisson” or the “Company”) is pleased to announce significant high-grade gold intercepts from the ongoing 130,000 m exploration drill program 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.
Notable intercepts from expansion drilling at depth along high-grade trend #2:
- 14.94 g/t Au over 1.60 m, including 36.80 g/t over 0.60 m
- 8.87 g/t over 5.00 m, including 14.15 g/t over 2.00 m
- 5.09 g/t Au over 6.10 m including 11.75 g/t over 1.00 m
- 18.87 g/t Au over 2.10 m including 43.80 g/t over 0.90 m
- 11.13 g/t Au over 10.70 m including 13.90 g/t over 8.20 m
Visible gold was observed in OB-21-187, OB-21-191 and OB-21-201
Drill results thus far have traced high-grade gold mineralization down to 800 m vertical depth in this sector where the majority of currently defined resources are within a vertical depth of 400 m from surface.
Results continue to demonstrate continuity of mineralization below 400 m, within an area measuring approximately 400 m vertically and up to a minimum of 120 m laterally.
Several broad high grade intercepts from holes OB-21-187, OB-21-191, OB-21-201, OB-20-124 (8.35 g/t Au over 6.00 m), OB-20-180 (18.42 g/t over 5.00 m), OB-20-156 (11.32 g/t Au over 11.80 m) and OB-20-156W2 (5.77 g/t over 7.10 m) suggest potential for wider mineralized zones (well in excess of average widths of approx. 2.90 m in the current resource), between 400 – 700 m vertical depth, where multiple veins are interpreted to intersect each other.
130,000 m drill program (commenced Aug 2019) underway at O’Brien.
79,776 m completed thus far with results pending for 13,760 m
Cash balance of approx. $12.5 M
For brevity, this summary has been redacted. To read the full news release, with full drill results and disclosures, please click HERE
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