- Radisson Mining Resources intersects 1,345 grams per ton (g/t) of gold over 1 metre at its O’Brien gold project in Quebec
- Discovery potentially revives the historic Jewellery Box stope, known for exceptionally high-grade gold
- Ongoing exploration targets tracing the zone to the surface for future development
- 2024 drilling includes the deepest hole ever drilled at the project, with results forthcoming
Radisson Mining Resources (TSXV:RDS) has reported a remarkable gold discovery at its O’Brien gold project in Quebec’s Abitibi region.
Drill hole OB-24-347 intersected 1,345 g/t gold over 1 metre within a broader interval of 643.1 g/t over 2.1 metres. This finding appears to confirm the near-surface extension of the historic Jewellery Box stope, a legendary zone famed for its high-grade gold.
“When the O’Brien gold mine was operational between 1926 and 1957, it was known for very high grades and spectacular specimens of visible gold, many of which are now in the collection of the Royal Ontario Museum,” Matt Manson, Radisson Mining Resources’ president and chief executive officer, said in a statement. “The source of some of the best specimens was thought to be the Jewellery Box stope, a narrow, vertical grade shoot extending from 250 metres depth to at least 750 metres depth. At the time, exploration drifts were developed to try to find this zone above the 250-metre level without success. Now, drill-hole OB-24-347 has intersected what we believe is the same Jewellery Box zone marginally offset to the east. We intend to now trace it to the surface with additional drilling and expose it with stripping. This is being planned for our 2025 exploration program. Steeply plunging high-grade shoots are characteristic of the O’Brien gold project. The Jewellery Box stope was always the best of these. Its potential re-discovery offers very high value, low-hanging fruit for a future O’Brien mine.”
Exploration highlights
- Geology: Gold mineralization occurs in quartz-sulphide veins along the Larder Lake-Cadillac Break, with characteristic steeply plunging high-grade shoots.
- Future plans: Radisson will focus on tracing the Jewellery Box zone to the surface through additional drilling and surface stripping in 2025.
- O’Brien project scope: Hosting 0.50 million ounces of indicated resources and 0.45 million ounces of inferred resources, the O’Brien project has significant potential for high-grade production.
Radisson’s ongoing exploration, including the deepest hole ever drilled at the site (1,700 metres), underscores the potential for significant resource expansion. Full results from deep drilling are anticipated soon.
About Radisson Mining Resources
Radisson Mining Resources is a Canadian gold exploration company focused on advancing its O’Brien gold project in Quebec’s Abitibi region along the prolific Larder Lake-Cadillac Break. The project, home to the historic O’Brien mine, was Quebec’s highest-grade gold producer when in operation, with an average grade exceeding 15 g/t gold. Radisson is committed to unlocking the project’s significant high-grade potential through innovative exploration and sustainable practices with eyes on long-term value creation.
Radisson Mining stock (TSXV:RDS) is up by 29.55 per cent trading at C$0.28 per share as of 1:37 pm ET. The stock has added 42.50 per cent year-over-year and 50 per cent since 2019.
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(Top photo of Radisson Mining’s exploration team at its O’Brien gold project in Quebec: Radisson Mining Resources)