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Radisson Mining announces the start of New Resource estimate based on geological reinterpretation completed at the O’Brien Gold project
ROUYN-NORANDA, Quebec, March 26, 2019 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (“Radisson” or the “Company") is pleased to announce that Kenneth Willi
About this update from Radisson Mining Resources Inc.
[{"type":"text","content":" ROUYN-NORANDA, Quebec, March 26, 2019 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (“Radisson” or the “Company\") is pleased to announce that Kenneth Williamson 3DGeo-Solution has been retained to prepare a resource estimate update on the Company's O’Brien Gold Project, along the Larder-Lake-Cadillac Break halfway between Rouyn-Noranda and Val-d’Or in Quebec, Canada. (See figure 1 and figure 2). Kenneth Williamson, M.Sc., P.Geo is a geologist consultant with over 15 years of expertise in the industry, specializing in structural geology interpretation, 3D litho-structural modeling and mineral resource estimation and he was responsible for the geological model review completed at O’Brien in recent months. “The geological reinterpretation allowed to highlight the strong analogy between the current resource area and the Old O’Brien mine; where historic production returned a phenomenal head grade. The geological knowledge that Radisson gained through this work is significant enough in itself to justify a resource estimate update. In parallel, our team is planning the next phase of growth for the O’Brien deposit including exploration drilling on high-priority targets established along strike and below the current resource area” commented Radisson’s President and CEO, Mario Bouchard. Press release highlights: The updated mineral resource estimate is expected in May 2019 and will be based on O’Brien’s recent geological reinterpretation completed in the last months, which highlights a strong compatibility with the historic data and geometry of the Old O’Brien mine. 16,201 metres of new drilling will be included in the updated mineral resource estimate. The F Zone area, located west of current resources will now be included in the updated mineral resource estimate. In the current resource area, the vertical extension of the known ore shoots was defined by drilling to a depth of 550 metres. In comparison, the Old O’Brien mine, which delivered 587,121 oz at a head grade of 15.25 g/t Au1 reached a depth of 1,100 metres and remains untested below.143-101 Technical report for the O’Brien project, Abitibi, Québec, InnovExplo, March 20, 2018 See Longitudinal section of the O’Brien gold project O’Brien gold project New geological modeling A summary of Ore zones network interpretation and the revised litho-structural mode...