Radisson Mining (TSXV: RDS) has intersected substantial gold mineralization at depth at its O’Brien Gold project in Quebec. The intersect follows an exploratory hole that was drilled to a depth of 1,700 metres.
The hole represents the deepest drilling conducted to date at O’Brien, and was conducted directly below historic mine workings. Highlights from the results include:
- OB-24-337: 8.0 metres of 31.24 g/t gold from a depth of 1,517.7 metres
- Including 1.0 metre of 242.0 g/t gold
The intercept is said to have intersected sheared and mineralized rocks of the Piche group, which are the dominant host rocks for O’Brien gold mineralization. Gold mineralization was intercepted roughly 500 metres below the deepest workings of the old mine.
“Hole OB-24-337 was intended to be a pilot hole testing whether the Project’s host geology extended below the historic mine and to be a platform for future wedging and directional drilling. The fact that this hole intersected mineralization and visible gold at such a high grade greatly exceeded our expectations. Recall that approximately 75% of our existing Mineral Resource is defined at depths above 600 metres,” commented Matt Manson, CEO of Radisson.
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Radisson Mining last traded at $0.305 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
