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Radisson Mining Resources Inc.
Summary
| Project: | OBrien | |
|---|---|---|
| Deposit: | OBrien | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/2/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-11-2016: Radisson Mining Resources Inc. announces an Exploration/Drilling Update report for its OBrien deposit at the OBrien project. Drilling results incl. 16.0m @ 3.00g/t Au from 520m. Rouyn-Noranda, Quebec, November 2, 2016: Radisson Mining Resources | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Tony Brisson (Independent) | |
| ABSTRACT: | Rouyn-Noranda, Quebec, November 2, 2016: Radisson Mining Resources Inc. (TSXV: RDS) (“Radisson”) is pleased to announce gold assay results from the last three holes of the summer 2016 drill program at the O’Brien gold project along the Abitibi Greenstone Belt, Quebec. Mario Bouchard, President and CEO commented: “We are delighted with the consistency of the results obtained within gold mineralized zone intersected. The quality of the asset owned at 100% by Radisson in a world-renowned mining camp is underpinned by these results. Our approach to increase mineral resources through additional drilling is also validated. In parallel, the two visible gold intersections obtained within the Pontiac Group sedimentary rocks in drill hole OB-16-11 continues to fuel the potential for additional discovery in this sector. To this extent, “Orevision” Induced polarization survey was completed this week in collaboration with Abitibi Geophysics Inc. Results are currently being compiled and should generate additional exploration drilling targets in the Pontiac Group sedimentary package”. Hole OB-16-12 was drilled in historic resources extension of “F Zone” between the 36E area and the old O’Brien mine (See figure 1). Drill holes OB-16-11 and OB-16-9 were completed in ore shoot extensions of 36E and Kewagama areas (See figure 2). Two out of the three drill holes have intersected visible gold. In mid-September, the corporation started an additional drill program of 10,000 metres. Up to date, 3 drill holes were completed for a total of 1,826 metres. The main focus of this new drill program remains to increase inferred resources by targeting the extension of ore shoots in the Piché volcanic group from surface to a depth of 500m. All drill holes are completed with a SouthNorth orientation and should also cross the Pontiac Group sedimentary package. | |
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