Drill results from Radisson Mining\u2019s wholly owned O\u2019Brien project in Quebec include high-grade intercepts from areas below current resource boundaries and from zones around the existing deposit.<\/p>\n
The past-producing O\u2019Brien project is within the Bousquet-Cadillac mining camp in Quebec\u2019s Larder Lake-Cadillac break. The former O\u2019Brien mine at the site generated 1.2 million tonnes at 15.25 g\/t gold between 1926 and 1957.<\/p>\n
Drill highlights include 32.2 metres of 3.07 g\/t gold from the Upper 36E area at a vertical depth of 430 metres \u2013 this hole was drilled nearby the western boundary of the deposit and returned four high-grade sub-intercepts within the 32-metre interval within and outside of the resource boundaries.<\/p>\n
Additional high-grade hits from Upper 36E include 4.4 metres of 18.15 g\/t gold at 190 vertical metres from an area that is 300 metres east of the main mineralized trend at the 36E zone.<\/p>\n To date, Radisson has drilled 34,230 metres in 72 holes<\/p>\n<\/blockquote>\n<\/figure>\n Radisson\u2019s geology team is generating additional drill targets in the Upper 36E area, which is open on strike.<\/p>\n Deeper drilling within the Lower 36E zone hit 2 metres of 37.76 g\/t gold at approximately 720 metres below surface, 60 metres westward of a prior intercept. <\/p>\n According to the company, the work in this area suggests strong continuity of high-grade mineralization down to a depth of 950 metres, within a mineralized trend similar to past-producing areas at the O\u2019Brien mine. This deeper zone is open on strike and at depth with follow-up drilling underway, testing western extensions of this mineralization in an under-explored area below existing resources.<\/p>\n \u201cDrill results continue to showcase significant upside to resources at the high-grade O\u2019Brien project,\u201d Mario Bouchard, the company\u2019s president and CEO, said in a release. <\/p>\n \u201cResults released so far represent only approximately 45% of our fully funded 60,000-metre program. With three drill rigs now operating at O\u2019Brien, we look forward to releasing additional updates as we continue to drill test high potential targets over the coming months.\u201d<\/p>\n Bouchard added that the majority of the current resources are contained over a strike length of 1.5 km, within a 4.5-km long trend, and extend down to a depth of 400 metres.<\/p>\n To date, Radisson has drilled 34,230 metres in 72 holes as part of the company\u2019s ongoing 60,000-metre drill program. Assays are pending for 18 drill holes.<\/p>\n Current resources at the project include 950,000 indicated tonnes grading 9.48 g\/t gold, containing 289,000 oz. with a further 617,000 inferred tonnes at 7.31 g\/t gold, for an additional 145,000 gold oz. These resources are derived using a 5 g\/t gold cut-off.<\/p>\n\n