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Radisson intersects 66.71 g/t gold over 4.70 m, 300 m below deepest level of current resources at O’Brien
ROUYN-NORANDA, Quebec, Oct. 29, 2019 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF): (“Radisson” or the “Company") today announced
About this update from Radisson Mining Resources Inc.
[{"type":"text","content":"ROUYN-NORANDA, Quebec, Oct. 29, 2019 (GLOBE NEWSWIRE) -- 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 Val-d’Or in Quebec, Canada. (See figure 1) “We are encouraged by this new high-grade gold discovery, suggesting potential continuity for high-grade gold mineralization up to 300 metres below the current resource area at the 36E zone. This is a first and very important sign of validation for our new geological interpretation, with further follow up drilling, hole 19-92w2b is one of the most significant drill holes in the history of the company. I’m confident we will have a steady flow of encouraging news supporting the new interpretation through the remaining of the drilling campaign,” commented Mario Bouchard, President and CEO. Press release highlights: Drill hole OB-19-92w2b intersected 66.71 Gold over 4.70 m, 300 m below deepest known mineralization on the 36E Zone. (See figure 2 and 3) The newly reported intercept occurred at a vertical depth of 850 m (OB-19-92w2b), within a smoky quartz vein that carry visible gold (VG) and arsenopyrite-pyrite mineralisation’s in association with typical biotite alteration. These mineralization’s are hosted by the quartz porphyry and conglomerates of the Piché Group, like the ones above in the resource area (from surface to 550 m depth), and the old O’Brien mine which produced down to a depth of 1,150 m and remains untested below. In addition, 100 m west of OB-19-92w2b, the recently completed OB-19-98 has intersected numerous quartz veins in association with abundant arsenopyrite (1-10%) and biotite rich basalt, porphyry and conglomerates of the Piché rock group. This interval of 39.00 metres (core length) lies 350 m below current resources area at approximately 900m vertical depth. Visible Gold (VG) was also observed further down the hole. Assays are pending. The visible gold found in hole OB-19-92w2b and the strongly mineralized intersection in hole OB-19-98 are encouraging data-points in the process of validating the vertical continuity of the mineralised shoots on the 36E and the F zones and also the exploration pot...