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Radisson Mining Resources Inc.
Summary
| Project: | OBrien | |
|---|---|---|
| Deposit: | OBrien | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/17/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-1-2020: Radisson Mining Resources Inc. announces an Exploration/Drilling Update report for its OBrien deposit at the OBrien project. Drilling results incl. 4.00m @ 16.76g/t Au from 788.00m. ROUYN-NORANDA, Québec, Jan. 17, 2020 -- Radisson Mining Resour | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Richard Nieminen (Internal) | |
| ABSTRACT: | ROUYN-NORANDA, Québec, Jan. 17, 2020 -- Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF): (“Radisson” or the “Company") today announced significant high-grade Gold intercepts from the 20,000 m exploration drill program underway at its O’Brien gold project located along the Larder-Lake-Cadillac Break halfway between Rouyn-Noranda and Vald’Or in Quebec, Canada. (See figure 1). The ongoing 20,000 m drill program, announced in August 2019, represents the company’s first exploration program to test targets defined by the new litho-structural model (released February 2019). A key objective of the first round of drilling was to further validate the model and better define high potential targets for resource expansion and conversion. “We are encouraged by results received so far. While still in the early stages of our exploration campaign at O’Brien, drilling to date has exceeded our expectations. All drill holes completed on 36E demonstrate strong vertical continuity of mineralization and highlight the potential for meaningful resource expansion/conversion. Most notable are the drill intercepts at the Lower 36E Zone including 16.76 g/t over 4.00 m, in hole OB-19-101, and the previously released 66.71 g/t over 4.70 m, in hole OB-19- 92W2b, which strongly suggest a high-grade enrichment vector from 550 m to 850 m, similar to the structures previously mined at the O’Brien mine. In addition, hole OB-19-98 intersected 8.49 g/t over 2.00 m, 955 m below surface and 92 m west of hole OB-19-92W2b, highlighting the potential for mineralization to extend laterally and even deeper. Most importantly, results continue to validate our new geological interpretation and have increased our confidence in multiple high potential targets, which we expect to drill-test over the coming months.” | |
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