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Radisson Files Technical Report for O'Brien Gold Project Preliminary Economic Assessment
Rouyn-Noranda, Quebec--(Newsfile Corp. - August 21, 2025) - Radisson Mining Resources Inc. (TSXV...
About this update from Radisson Mining Resources Inc.
[{"type":"text","content":"Radisson Files Technical Report for O'Brien Gold Project Preliminary Economic AssessmentRouyn-Noranda, Quebec--(Newsfile Corp. - August 21, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) (\"Radisson\" or the \"Company\") is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 — Standards of Disclosure for Mineral Projects for the O'Brien Gold Project (\"O'Brien\" or the \"Project\") located in the Abitibi region of Québec. The report is titled \"O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada.\" A copy of the technical report is available under the Company's profile on SEDAR+.The O'Brien Preliminary Economic Assessment (\"PEA\") describes a high value project based on the use of neighbouring milling facilities for the processing of mined material, reducing capital costs, development risk, and project footprint (see Radisson news release dated July 9, 2025). It represents a \"snap-shot\" study for the Project, utilizing the existing Mineral Resource Estimate (\"MRE\"), re-blocked with an updated cut-off yielding more ounces in more tonnes with good continuity at a lower average grade. An ongoing 50-60,000 metre drill program at the Project is currently delineating new gold mineralization outside the scope of the MRE and the initial mine design, including below the historic O'Brien mine workings.Highlights of the PEA include: After-tax Net Present Value at a 5% discount rate (\"NPV5%\") of $532 million, Internal Rate of Return of 48%, and payback of 2.0 years at US$2,550/oz gold (\"Au\").Initial Capital Cost of $175 million and Life-of-Mine Sustaining Capital of $173 million.Cash Cost1 of US$861/oz and All-In Sustaining Cost1 of US$1,059/oz including conceptual 30% toll milling margin on processing and G&A costs.Extremely capital efficient with after-tax NPV5% to Initial Capital Cost ratio of 3.0 at US$2,550/oz Au.11-Year Mine Life with 740 koz mined and 647 koz recovered at 87% average recovery with a gravity-flotation-regrind-leach flowsheet.70 koz/annum average steady-state gold production (Years 2-8) at an average annual after-tax Free Cash Flow1 of $97 million.The PEA was completed by Ausenco Engineering Canada ULC as lead consultant with specific responsibility for metallurgy, proc...