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Radisson Mining Mobilizes Two Diamond Drill Rigs for a 20,000 meters drill program
ROUYN-NORANDA, Quebec, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson” or the “Company") is pleased to ann
About this update from Radisson Mining Resources Inc.
[{"type":"text","content":" ROUYN-NORANDA, Quebec, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson” or the “Company\") is pleased to announce the start of a fully funded 20,000 meters drill program at its 100% owned O’Brien gold project, located along the Larder-Lake-Cadillac Break in Cadillac, Québec (See figure 1 and figure 2). Two drill rigs are now on site and running at O’Brien with approximately 20,000 meters to be completed by the end of January 2020. The F Zone, 36E and Kewagama zones of the O’Brien project are located within a 1.5 km corridor directly south of the L-L-C. The Vintage zone is parallel to and between 30 to 85 meters (“m”) north of the L-L-C. Press release highlights: See 3D O’Brien Gold project 3D Longitudinal View looking NNE New Litho-Structural Model unlocks the “jewellery” box mystery of the high-grade O’Brien mine The new structural model and resource estimate has resulted in a much better comprehension of the O’Brien gold project, highlighting a strong compatibility with the historic data and geometry of the Old O’Brien mine, where only 3 veins returned 90% of the historic production at an average grade of 15.25 g/t Au. Exploration below 550 metersOne diamond drill rig will focus on the vertical extension of the highest-grade mineralized shoots on the 36E and F Zone, where high-priority exploration targets established below current resource. Deepest level of the resource area is at only 550 meters depth and remains largely untested below. Two historical drill intercepts have returned 17.46 g/t Au over 1.00 m and 13.68 g/t Au over 0.32m below 1,000 m depths. Other mines in the area have exceeded depths well below 1,000 m. Current mineral resource area is adjacent to the old O’Brien mine where historic production reached a vertical depth of 1,100 metres and remains untested below. The company is currently drilling a mother hole 150 m below deepest level of the resource area, from a set-up where multiple wedges and drill holes will be completed for an initial 9,000 m. Exploration potential along strike, to the north, resource expansion and conversion The second diamond drill rig is currently focused on the shallower Kewagama zone, where high-priority exploration targets have been established for resource expansion and conversion for approximately 4,000 m. Through 2019 the...