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Radisson intersects 24.22 g/t Au over 3m and 19.63 g/t Au over 3.4m at O’Brien

Feb 4, 2021


Radisson Mining Resources Inc. is announcing 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.

Key highlights

  • Deep drilling highlights resource expansion potential at depth along high-grade trend #1,
    ° OB-20-174W1b
       • 24.22 g/t Au over 3.00 m core length, approx. 280 m below the resource boundary, including consecutive intercepts of
          • 34.10 g/t Au over 1.00 m,
           26.20 g/t Au over 1.00 m, and
          • 12.35 g/t Au over 1.00 m
    ° OB-20-181: Multiple high-grade intercepts 120 m to 170 m below the resource boundary
        13.74 g/t Au over 1.70 m (incl. 28.70 g/t Au over 0.80 m), and
        19.63 g/t over 3.40 m including consecutive intercepts of,
          • 22.40 g/t Au over 1.10 m
          • 18.25 g/t Au over 1.20 m, and
           18.35 g/t Au over 1.10 m 
    ° OB-20-174W1b is a wedge off pilot hole OB-20-174, which also intercepted multiple mineralized zones (albeit lower grade) 30 m to the west of the above high-grade intercept.
    ° OB-20-174 and OB-20-174W1b are the deepest holes drilled along trend #1 since the beginning of this drill campaign in 2019.
  • 130,000 m drill program (commenced Aug 2019) underway at O’Brien.
    ° 60,499 m completed thus far with results pending for 11,360 m
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  • Drilling at O’Brien continues to validate the litho-structural model while highlighting resource growth potential laterally and at depth
  • Drilling to date has continued to define and expand three high-grade mineralized trends, located approximately 300 m, 600 m and 900 m respectively to the east of the old O’Brien Mine. Mineralized trends identified bear similarities with structures previously mined at O’Brien down to a depth of 1,100 m (historical production of 587 koz grading 15.25 g/t).

    Drilling so far has demonstrated continuity of mineralization well below the boundary of defined resources in all three trends, which remain open for expansion laterally and at depth. In trend #1, drilling has highlighted continuity of mineralization down to a vertical depth of 950 m, approximately 350 m below the boundary of resources that are limited to a vertical depth of 600 m. In trend #2, drilling has highlighted continuity of mineralization down to a vertical depth of 770 m, approximately 300 m below the boundary of resources that are mostly within 400 m from surface. In trend #3, drilling has traced mineralization down to 500 m vertical depth from surface. Current resources are mostly confined to between surface and 240 m vertical depth.



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