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Radisson Mining Resources Inc.

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Summary

Project:

OBrien

Deposit:OBrien
Location:Canada
Commodities:Gold
Date:6/14/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:14-6-2018: Radisson Mining Resources Inc. announces an Exploration/Drilling Update report for its OBrien deposit at the OBrien project. Drilling results incl. 2.2m @ 3.4g/t Au from 502.8m. ROUYN-NORANDA, Quebec, June 14, 2018 -- Radisson Mining Resources
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Catherine Jalbert (Not stated)
ABSTRACT:ROUYN-NORANDA, Quebec, June 14, 2018 -- Radisson Mining Resources Inc. (TSX-V:RDS) (OTC:RMRDF) (“Radisson” or the “Company") is pleased to announce final results from the 6 000 meters exploration drilling program completed on the Vintage Zone of O’Brien gold project. The project is located along the Larder-Lake-Cadillac Break (“L-L-C”) halfway between Rouyn-Noranda and Val-d’Or, two renowned mining towns in the province of Quebec, Canada. The 2 exploration drill holes published targeted the vertical and lateral extension of the widest and deepest intercept published to date on the Vintage Zone located north of the L-L-C. Multiple gold intersects in association with quartz-carbonate veins and veinlets with pyrite and pyrrhotite mineralisation, hosted in Cadillac graywacke and polymictic conglomerate were identified. Veins and veinlets are generally concordant, and sometimes discordant to local deformation. Mario Bouchard, President and CEO commented: “Results obtained from the exploration program completed on the Vintage Zone continues to highlight the strong exploration potential lying north of the Larder-Lake-Cadillac Break at the O’Brien gold project. We should note that the bulk of current resources at O’Brien are located a few meters south of the L-L-C, in the Piche volcanic group. Our team is currently building a litho-structural model in order to establish new drilling targets on the Vintage Zone, F Zone and O’Brien West, a sector that hasn’t been explored recently. The overall project being open at depth, drilling targets have also been established below the 500 m level in down-dip of current resources on 36E and Kewagama areas”. The Vintage zone is a parallel zone of the O’Brien project located approximately 85 meters north of the Cadillac Break in the Cadillac Group of meta-sediments comprising sequence of polymictic conglomerate, banded iron formation (BIF) and Graywacke. A few mineralized zones intercepted on Vintage were included in the latest resource estimate. In parallel, the bulk of current resources on 36E and Kewagama zones are located in the Piche Group, south of the Cadillac Break. Due to their proximity all zones could eventually be accessed via same mining infrastructures. Drilling results obtained up to date, allowed Radisson to denote that the Vintage zone remains open at depth and laterally. The ongoing review of historical and recent holes will be used to complete the litho-structural model of the area.

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