Business
Radisson intersects 18.5 g/t Gold over 1.1 meters and 4.5 g/t Gold over 3.5 m between the F Zone and 36E area at O’Brien
ROUYN-NORANDA, Quebec, June 27, 2018 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (TSX-V:RDS) (OTC:RMRDF) (“Radisson” or the “Company") is pleased to anno
About this update from Radisson Mining Resources Inc.
[{"type":"text","content":" ROUYN-NORANDA, Quebec, June 27, 2018 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (TSX-V:RDS) (OTC:RMRDF) (“Radisson” or the “Company\") is pleased to announce an update of the exploration program underway at the O’Brien gold project located along the Larder-Lake Cadillac Break, halfway between Rouyn-Noranda and Val-d’Or in Quebec, Canada. Following the resource estimate update published for the O’Brien gold project (See March 20, 2018 Press release), the company announced the expansion of the drilling program to 11,000 meters with a principal focus on the F Zone located a few meters west of current resources. Press release highlights: • Hole OB-18-76 completed at the limit of the F Zone and 36E area intersected; 18.5 g/t Au over 1.1 meters at 347.5 m depth 4.5 g/t Au over 3.5 meters at 509.5 m depth included in an interval of 3.5 g/t Au over 5.5 metres (See figure 1, 2 and 3). • 3 drill holes completed on the F Zone are currently being assayed. • 3 shallow drill holes completed in vertical extension of the enrichment vector defined on 36E area are currently being assayed. (See figure 3) Mario Bouchard, President and CEO comments: “First results from the drilling program established on the F Zone are encouraging. Current results and known information in the area will allow Radisson to keep increasing the number of gold ounces per vertical meter at O’Brien at a cost that is well below the industry average”. F Zone area The F Zone is contiguous and to the West of 36E area. Results obtained from the 2016-2017 drilling programs allowed to define the vertical and lateral extension of historical mined stopes on the F Zone (See 20.2 g/t Au over 2.5 m and 11.9 g/t Au over 3 m). Due to lack of 3D information from former mining infrastructures of the F Zone, this sector was not incorporated in the resource estimate update published on March 20, 2018. (Click Here). 3D modelling of former mining infrastructures of the F Zone is underway and will be completed in the coming weeks. The geological team also established a 6,000 meters drill program (close to 2,000 m completed up to date) with main objective of building 43-101 compliant resources in a future resource estimate update for the O’Brien gold project. Drilling results summary from DDH OB-18-76 Drill hole From(m) To(m) Length(m) GradeAu (g/t) Interpreted Zone...