Slide 1: TSXV:RDS OTCQB:RMRDF
TSXV:RDS OTCQB:RMRDF 1 TSX V :RDS
Slide 2: Cautionary Statement Regarding Forward-Looking Information
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION Except for historical information certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws. Such statements may include words such as “Anticipates”, “schedule”, “projects”
Slide 3: The O'Brien Mine: Richest Mine by Grade in Quebec
THE O’BRIEN MINE: RICHEST MINE BY GRADE IN QUEBEC Historical production of 587,121 oz from 1926 – 1957 1.2M tonnes at 15.25 Au g/t1 1. Technical report on the O’Brien project, Northwestern Québec, Report for NI 43-101, SLR Consulting (Canada) Ltd., March 2, 2023 TSX V :RDS 3
Slide 4: Sustainability and ESG Values at RDS
SUSTAINABILITY AND ESG VALUES AT RDS • We understand that Radisson is part of a broader socio-economic eco-system and has an important role in helping build a sustainable future with the smallest footprint possible. • We focus on Stakeholder Management and are actively creating a shared value model
Slide 5: Capitalization
CAPITALIZATION $59.5 Million $7.2 Million 319.9 Million Market Capitalization Cash Position Shares Outstanding As of March 31, 2024 As of March 31, 2024 As of March 31, 2024 Management Institutional Investors, 25.7% & Insiders, (including, Konwave AG, Marshall Private Investors, 29.1% Public Float,
Slide 6: Management
MANAGEMENT DENIS LACHANCE 1 VIVIEN JANVIER, P.Geo, Ph. D., Interim President & CEO, Chairman of the Board Director, Geology 40+ years mining experience | Executive positions with +10 years of mining/exploration experience | Previously Senior Koniambo Nickel, Xstrata Nickel, Noranda | Senior position
Slide 7: Board of Directors
BOARD OF DIRECTORS DENIS LACHANCE1 PIERRE BEAUDOIN Interim President & CEO, Chairman of the Board Director 40+ years mining experience | Executive positions with 30+ years of mining experience | COO of SilverCrest Metals Inc. Koniambo Nickel, Xstrata Nickel, Noranda | Senior positions | Former COO (
Slide 8: Geologic Setting
GEOLOGIC SETTING • Hosting +100 million ounces, the Abitibi greenstone belt straddling the border between Ontario and Quebec in eastern Canada, is one of the largest and best-preserved Neoarchean greenstone belts in the world. • The southern portion of the Abitibi greenstone belt is marked by the La
Slide 9: Comprehensive Infrastructure
COMPREHENSIVE INFRASTRUCTURE Laronde Mill Highway 117 O'Brien is located in the heart of a mature mining camp offering several key benefits: Hydro-electric power •Significant established infrastructure ➢ Provincial highway ➢ Hydro-electric power ➢ Proximity to numerous mills with capacity Old O'Brie
Slide 10: Cadillac Mining Camp Geological Map
CADILLAC MINING CAMP GEOLOGICAL MAP 10 TSX V :RDS
Slide 11: Cadillac Mining Camp Geological Map
CADILLAC MINING CAMP GEOLOGICAL MAP 11 TSX V :RDS
Slide 12: 2019 MRE – 1.2 km Along the Prolific LLCB
2019 MRE – 1.2 KM ALONG THE PROLIFIC LLCB 12 TSX V :RDS
Slide 13: 127,600 Meters Drilled Since 2019
127,600 METERS DRILLED SINCE 2019 13 TSX V :RDS
Slide 14: 2023 O'Brien Resource – 3.1 oz / Metre Drilled
2023 O’BRIEN RESOURCE – 3.1 OZ / METRE DRILLED Indicated resources Inferred resources O'Brien deposit1 Tonnage Grade Metal Tonnage Grade Metal Cut-off Grade Resource date (t) (g/t Au) (oz Au) (t) (g/t Au) (oz Au) July 2019 1,115,000 8.85 318,000 777,000 6.73 168,000 4.5 g/t Au March 2023 1,517,000 1
Slide 15: First Drill Results of 2023/2024 Program (ongoing)
FIRST DRILL RESULTS OF 2023/2024 PROGRAM (ongoing) • OB-23-284 intersected 81.83 g/t Au over 3.00 m • OB-23-283 intersected 6.16 g/t Au over 3.00 m and 5.17 g/t Au over 4.40 m • Successful start confirms Inferred resource growth potential in the upper 500 m • Program well underway with 12 drill hole
Slide 16: Cross Section from Trend One
CROSS SECTION FROM TREND ONE Visible gold in OB-23-284 16 TSX V :RDS
Slide 17: 2023 MRE – O'Brien East
2023 MRE – O’BRIEN EAST 17 TSX V :RDS
Slide 18: Path Forward – Deposit Can Deliver More Ounces
PATH FORWARD – DEPOSIT CAN DELIVER MORE OUNCES 18 TSX V :RDS
Slide 19: Targeting Methodology
Targeting Methodology Targets have been designed to test the extension of the ressources estimates higher than 4.5 g/t TSX V :RDS 19
Slide 20: Target Ranking Methodology
Target Ranking Methodology Actual Estimate Extension of the vein Possible Estimate boundary built TSX V :RDS 20
Slide 21: Exploration Upside – O'Brien Open in All Directions
EXPLORATION UPSIDE –O’BRIEN OPEN IN ALL DIRECTIONS 21 TSX V :RDS
Slide 22: Additional Greenfield Upside Potential
ADDITIONAL GREENFIELD UPSIDE POTENTIAL 22 TSX V :RDS
Slide 23: New Alger Phase I Till Sampling Results
NEW ALGER PHASE I TILL SAMPLING RESULTS PROGRAM HIGHLIGHTS Brand new target area with more than 2km strike length with potential for gold discovery identified 115 glacial till surface samples collected and analyzed 14 anomalous samples forming gold rain tail 15.5km2 of additional claims stak
Slide 24: Key Milestones for 2023-2024
KEY MILESTONES FOR 2023-2024 EXPLORATION ✓ Published updated NI 43-101 resource estimate—COMPLETED Q1, 2023 ✓ Doubled resources and increased Indicated grade above 10 g/t Au ✓ $48 discovery cost for 3.1 high-grade oz / drilled metre ✓ PHASE I 10,000 m drill program underway—Q3/Q4, 2023 • Initial res
Slide 25: Investment Highlights
INVESTMENT HIGHLIGHTS Location, location, location! • Nearby all required infrastructure, services and labour to support exploration, development and production • Acquisition of the New Alger property: 5.2km along LLCB + 50km2 in Group home of the Canadian-Malartic complex • Advantageous $150 all-in
Slide 26: Contact Information
CONTACT INFORMATION Denis V. Lachance Hubert Parent-Bouchard Investors inquiries Interim President & CEO Chief Financial Officer 604.908.1695 dlachance@radissonmining.com hpbouchard@radissonmining.com Kpillon@radissonmining.com Radisson Mining Resources Inc. 50 rue du Petit-Canada Rouyn-Noranda, Qc
Slide 27: 2023 MRE Sensitivity Table
2023 MRE SENSITIVITY TABLE Indicated resources Inferred resources Tonnage Grade Metal Tonnage Grade Metal Cut-off Grade (t) (g/t Au) (oz Au) (t) (g/t Au) (oz Au) 6.0 g/t Au 1,012,000 12.80 417,000 945,000 11.12 338,000 5.0 g/t Au 1,313,000 11.12 470,000 1,334,000 9.46 406,000 4.5 g/t Au 1,517,000 10
Slide 28: Top Intercepts on East O'Brien
TOP 20 INTERCEPTS ON EAST O’BRIEN 28 TSX V :RDS
Slide 29: Veins Continuity Showing Impressive Thickness Locally
VEINS CONTINUITY SHOWING IMPRESSIVE THICKNESS LOCALLY Veins can be thick such as 8 m of continuous high grade ! 29 TSX V :RDS
Slide 30: High-Grade Assets in Tier 1 Jurisdiction – Scarce Commodity
HIGH-GRADE ASSETS IN TIER 1 JURISDICTION – SCARCE COMMODITY! Average gold price $US 1,395 Average takeover premium 40% Average EV / OZ $US 252 Current Gold Price $US 1,930 Radisson EV/OZ $US 35 Source: Company disclosure, Thomson Reuters Note: Global resource metrics used 30 TSX V :RDS