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Radisson hits more high grade at O'Brien

May 5, 2021

Radisson Mining Resources Inc. has 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.

Key highlights

  • Notable intercepts from expansion drilling at depth along high-grade trend #2, 
    • OB-21-185: 
      • 14.94 g/t Au over 1.60 m, including 36.80 g/t over 0.60 m
    • OB-21-187:
      • 8.87 g/t over 5.00 m, including 14.15 g/t over 2.00 m
    • OB-21-191
      • 5.09 g/t Au over 6.10 m including 11.75 g/t over 1.00 m
    • OB-21-193
      • 18.87 g/t Au over 2.10 m including 43.80 g/t over 0.90 m
    • OB-21-201
      • 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 relatively 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

Drill results continue to increase our confidence in the robust grade and scale potential at the O’Brien Project. Results thus far suggest the potential to double the depth extent of resources in each trend, while also expanding mineralization laterally to the east and west. We are particularly impressed by several broad intercepts along trend #2 that highlight the potential for wider mineralized zones created by the intersection of multiple mineralized veins, between 400 m and 700 m from surface. Observed mineralized widths in these areas appear to be meaningfully higher than the average 2.90 m in currently modeled resource areas, in turn significantly enhancing the high-grade nature of the deposit.

“While the majority of our work program has been focused within 1 km along strike to the east of the historic O’Brien Mine, we believe there is significantly more upside to be unlocked from a prospective land package that includes more than 5 km of strike length along the prolific Cadillac Break. We look forward to a steady stream of news flow as we step out systematically further along strike and deeper beyond the limits of drilling to date, including high-potential targets to the west of the old O’Brien Mine,” commented Rahul Paul, President and Interim Chief Executive Officer.

Tags: Quebec / Exploration / Gold / All Articles