Overview
Radisson Mining Resources (TSXV:RDS,OTCQB:RMRDF) is a gold exploration company focused on unlocking the value of its 100 percent owned O’Brien gold project, strategically located in the Abitibi Greenstone Belt along the prolific Larder-Lake-Cadillac Break in Quebec, Canada. The company leverages its extensive drilling campaigns, high-grade historical production, and experienced management team to create value for shareholders and stakeholders.
Key Project
O’Brien Gold Project: A High-Grade Opportunity in the Abitibi Region
The O’Brien gold project is Radisson's flagship asset, located in the Abitibi region of northwestern Quebec, along the Larder-Lake-Cadillac Break. The project encompasses the historic O’Brien mine, which produced 587,121 ounces of gold at an average grade of 15.25 grams per ton (g/t) between 1926 and 1957.
Project Highlights
- Location: Situated between the towns of Rouyn-Noranda and Val-d’Or, with excellent infrastructure and access via Trans-Canadian Highway 117
- Recent drilling: 2024 drilling highlighted significant potential for resource expansion at depth with the deepest hole ever drilled at the project returning an intercept of 242 g/t gold over 1 metre within a mineralized interval that averaged 31.24 g/t gold over 8 metres, in addition to the possible re-discovery of the famous “Jewellery Box” zone with an intercept of 1,345 g/t gold over 1 metre
- MOU with IAMGOLD: Memorandum of understanding signed with IAMGOLD to assess the design criteria for processing mined material from O’Brien at the nearby Doyon gold mill. The mill is part of IAMGOLD’s Doyon-Westwood mine complex located just 21 kilometres west of O’Brien directly accessible along Trans-Canada Highway 117.
- Resource Estimate: As of March 2, 2023, the project boasts indicated resources of 1,517,000 tons grading 10.26 g/t gold (501,000 ounces) and inferred resources of 1,601,000 tons grading 8.66 g/t gold (446,000 ounces) at a 4.5 g/t gold cut-off.
- Infrastructure: Proximity to five potential custom milling facilities within 75 km enhances project economics.
2025 Outlook and Exploration & Development Plans
Radisson Mining Resources has released its 2025 outlook and detailed exploration and development plans for the O’Brien gold project in Québec.
Key Highlights:
- Exploration Drilling: A 22,000-metre drilling program is planned to expand known mineralization below existing resources. This follows significant 2024 results, including 242 g/t gold over 1 metre at 1,500 metres depth.
- Surface Exploration: Initiatives include surface stripping and trenching to delineate the extension of the historic "Jewellery Box" zone, recently rediscovered by Radisson drilling.
- Development Studies: Completion of metallurgical studies and milling assessments under an MOU with IAMGOLD is anticipated, focusing on processing at the nearby Doyon mill. A preliminary economic assessment( PEA) is planned upon successful completion of these studies.
- Environmental and Community Engagement: Increased focus on baseline environmental studies and community engagement is planned as the project advances toward potential development.
- The 2025 exploration budget is approximately C$6.8 million, fully funded from Radisson's existing treasury.
Leadership and Expertise
Radisson Mining Resources is led by a team of experienced professionals with extensive backgrounds in mining exploration, development, and operations.
Management Team
Matt Manson -President, Chief Executive Officer, and Director
Matt Manson has over 30 years of international mining experience, including leadership roles in developing the Valentine gold project and the Renard Diamond mine.
Hubert Parent-Bouchard - Chief Financial Officer
Hubert Parent-Bouchard joined Radisson in 2014, bringing expertise in corporate finance and strategic planning.
Kristina Pillon - Manager of Investor Relations
Kristina Pillon brings 15 years of experience in capital markets focused primarily in the resource sector.
Dave Ross - Vice President, Exploration
Dave Ross is a professional geologist with 25 years of experience in mineral resource estimation and the exploration of structurally hosted gold deposits.
Board of Directors
Pierre Beaudoin - Chairman of the Board & ESG Committee Member
Pierre Beaudoin is a seasoned mining executive with over 30 years of international experience in operations, project development and mineral processing.
Peter MacPhail - Director
Peter MacPhail has over 35 years of operational mining experience in Canada, Mexico and Australia, including leadership roles at Alamos Gold.
Michael Gentile - Director, Strategic Advisor & Audit Committee Member
Michael Gentile is a former professional money manager with extensive experience in the mining and natural resource sectors.
Jeff Swinoga - Director & Audit Committee Chair
Jeff Swinoga is a highly accomplished mining executive with over 25 years of mining industry experience in the areas of capital markets, project advancement, development and project construction.
Cindy Valence - Director & ESG Committee Chair
Cindy Valence, MBA, is an experienced manager with over 20 years of experience, having held senior management level positions, including as executive vice-president and chief sustainability officer at Sayona Mining.
Lise Chénard - Director, ESG Committee Member & Audit Committee Member
Lise Chénard is a professional engineer with over 40 years of experience in mining geology (gold, copper, zinc) in Quebec and internationally. Her expertise extends to mining operations, management and technical supervision, resource and reserve audits, and technical studies of mining projects.
Sustainability and Community Engagement
Radisson Mining Resources is committed to responsible exploration and sustainable development. The company actively engages with local communities and stakeholders to ensure its projects deliver long-term value while minimizing environmental impact.
Advancing Towards Value Creation
With a clear vision to expand its high-grade gold resources and unlock exploration upside, Radisson Mining Resources is well-positioned to deliver value to its shareholders. The combination of world-class assets, robust exploration programs, and experienced leadership underscores Radisson's commitment to becoming a leading gold exploration company in Quebec.
For more information, visitwww.radissonmining.com.
