Radisson Mining Drills Deep and Strikes Gold: New Assays Signal Major Potential at Historic O’Brien Site

Key Highlights:

• Deepest drilling to date yields high-grade gold: 29.93 g/t over 2.2m
• O’Brien Gold Project confirms continuity of mineralization at 1,500m depth
• Shares rise over 3% on TSXV following news
• Results support scale potential well beyond current 600m resource boundary

Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) is turning heads again, as the Québec-based gold explorer released new assay results from its O’Brien Gold Project, reaffirming the depth, continuity, and high-grade potential of its flagship asset.

In what could prove a pivotal moment in the company’s ongoing 22,000-metre drill program, three new wedges off pilot hole OB-24-337 have confirmed multiple instances of high-grade gold mineralization, including a standout intercept of 29.93 grams per tonne (g/t) gold over 2.2 metres, with a higher-grade zone yielding 53.5 g/t over 1.2 metres.

These new intercepts come from depths of up to 1,500 metres, far below the existing mineral resource boundaries and previous mine workings. Radisson’s stock responded positively, gaining 3.08% on the TSXV to trade at $0.335 CAD in early trading, with investor interest fuelled by the growing scale implications of these results.

“Today’s results are extremely encouraging and suggest that classic O’Brien gold mineralization is indeed extensive at depth,” said Matt Manson, President and CEO of Radisson. “We’re seeing clear continuity between multiple veins, extending well beyond the known resource zones.”

Revisiting a High-Grade Past with a Modern Lens

The O’Brien mine, located in the prolific Bousquet-Cadillac mining camp in Québec’s Abitibi region, was once the highest-grade gold producer in the province, yielding over half a million ounces at an average grade exceeding 15 g/t. Radisson’s current exploration efforts are focused on validating the presence of similar high-grade zones beyond the original mining footprint.

The recent drilling, including wedges OB-24-337W1 to W3, not only confirms vertical extension but also reveals multiple vein systems (V3-CEN, V3-N, and V3-S) that display strong geological continuity and are consistent with the structural fabric of the historic mine. These results strengthen Radisson’s “proof-of-concept” strategy, which aims to extend resources well below the 600m level where 75% of the current mineral resources are concentrated.

High Grades and Geological Significance

Among the key assay results:

OB-24-337W3: 29.93 g/t Au over 2.2m, including 53.5 g/t over 1.2m

OB-24-337W1: 4.44 g/t Au over 6.4m, including 18.65 g/t over 1.2m

OB-24-337W2: 9.62 g/t Au over 1.4m

The intercepts were hosted in classic quartz-sulphide veins within the Piché Group lithologies, the same rock units that supported the original mine’s production. The drill core also revealed visible gold and strong alteration, reinforcing the exploration model being used.

“These are not just isolated hits,” Manson added. “We’re able to model up to four distinct veins with clear continuity upward toward previously mined areas.”

The Bigger Picture: Scale and Future Growth

Radisson’s March 2023 Mineral Resource Estimate pegged Indicated Resources at 0.50 million ounces (1.52 Mt at 10.26 g/t Au) and Inferred Resources at 0.45 million ounces (1.60 Mt at 8.66 g/t Au). The company believes the resource could expand significantly with further deep drilling, with an exploration horizon stretching to 2 kilometres vertically.

With additional wedge assays pending, both of which have shown visual indicators of mineralization, the coming weeks could further define the project’s depth potential and support a resource upgrade in future technical reports.

Market Reaction and Outlook

While small-cap gold explorers have faced volatility, Radisson’s methodical and high-grade approach sets it apart. With gold prices trending above $3,100/oz and market sentiment favouring low-cost, high-grade assets, the timing could be opportune for renewed investor interest.

Radisson’s market cap currently sits just over $114 million CAD, with shares trading in the $0.33–0.34 range. The stock has shown resilience, up from a 52-week low of $0.15, as drill results consistently reinforce the company’s thesis.

Radisson Mining is no longer just revisiting the past—it’s redefining the future of the O’Brien Gold Project. If continued drilling confirms the extension of multiple high-grade veins at depth, the company could be sitting on a significantly larger system than previously recognized. For investors tracking Canadian gold juniors with deep roots and deep intercepts, Radisson might be one to watch.