Radisson Appoints David Ross as Vice President of Exploration and Adds Third Drill Rig at O’Brien Gold Project
Radisson Appoints David Ross as Vice President of Exploration and Adds
Third Drill Rig at O’Brien Gold Project
ROUYN-NORANDA, Quebec, Oct. 07, 2024 -- Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF)
(“Radisson” or the “Company”) is pleased to announce the appointment of Mr. David Ross as Vice President of Exploration,
effective immediately, and the acceleration of the Company’s ongoing, fully-funded 35,000 metre drill program at the
Company’s O’Brien Gold Project (“O’Brien” or the “Project”) with the addition of a third drill rig.
Mr. Ross is a professional geologist with over 25 years of experience in mineral resource estimation and the exploration of
structurally hosted gold deposits. He was until recently Vice President of Geology and Exploration at Calibre Mining
Corporation and its predecessor company, Marathon Gold Corporation. At Marathon, David oversaw a significant growth in the
mineral resource inventory at the Valentine Gold Project in Newfoundland and Labrador, and initiated Valentine’s ongoing
programs of property-scale exploration and mining grade control. Prior to Marathon, David served as Senior Manager of Mineral
Resources at Teranga Gold Corporation and served for fifteen years with Roscoe Postle Associates, now part of SLR
Consulting Limited. David has a B.Sc. in Geology from Carleton University, an M.Sc. in Mineral Exploration from Queen’s
University and is a Professional Geologist in the provinces of Ontario and Newfoundland and Labrador. He is an author and
Qualified Person for over 50 NI 43-101 Technical Reports.
Matt Manson, President and CEO, commented: “I am very happy to be announcing the addition of Dave Ross to the Radisson
team. Having worked with David previously, I know that his specific experience in exploring structurally hosted gold deposits,
and his expertise and professionalism in mineral resource estimation, will give significant value to the Company as we
continue to explore O’Brien and contemplate its future development. Dave’s leadership attributes will also benefit us as we
look to develop our young Quebec based exploration team. Dave joins us as we are intersecting deep, high-grade
mineralization at O’Brien, commencing a milling assessment with IAMGOLD focussed on the nearby Doyon mill, and
completing a highly successful and oversubscribed financing for our 2025 work programs.”
Radisson further announces that the Company’s ongoing 35,000 metre drill program has been accelerated with the addition of
a third drill rig, which will be in place until the end of the year. Recent deep drilling at O’Brien has confirmed significant high-
grade mineralization at approximately 1,100 metres vertical depth, 170 metres below the current Mineral Resource and well
below the level of the historic workings at the adjacent O’Brien Gold Mine. The Project remains open to the east, west and at
depth. Additional results from the ongoing drill program are expected over the coming weeks and months.
Radisson Mining Resources Inc.
Radisson is a gold exploration company focused on its 100% owned O’Brien Gold Project, located in the Bousquet-Cadillac
mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. The Bousquet-Cadillac mining camp
has produced over 25 million ounces of gold over the last 100 years. The Project hosts the former O’Brien Mine, considered to
have been Québec’s highest-grade gold producer during its production. Indicated Mineral Resources are estimated at 0.50
million ounces (1.52 million tonnes at 10.26 g/t Au), with additional Inferred Mineral Resources estimated at 0.45 million
ounces (1.60 million tonnes at 8.66 g/t Au). Please see the NI 43-101 “Technical Report on the O’Brien Project, Northwestern
Québec, Canada” effective March 2, 2023, Radisson’s Annual Information Form for the year ended December 31, 2023 and
other filings made with Canadian securities regulatory authorities available at www.sedar.com for further details and
assumptions relating to the O’Brien Gold Project.
For more information on Radisson, visit our website at www.radissonmining.com or contact:
Matt Manson
President and CEO
416.618.5885
Kristina Pillon
Manager, Investor Relations
604.908.1695
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation
that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking
statements including, but are not limited to, statements with respect to the closing of the Offering, the planned and ongoing
drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource,
the ability to incorporate new drilling in an updated technical report and resource modelling, the Company's ability to grow the
O’Brien project and the ability to convert inferred mineral resources to indicated mineral resources. Any statement that
involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is
expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled",
"forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events
or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact
and may be forward-looking information and are intended to identify forward-looking information. Except for statements of
historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-
looking information is based on estimates of management of the Company, at the time it was made, involves known and
unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the
companies to be materially different from any future results, performance or achievements expressed or implied by such
forward-looking information. Such factors include, among others, risks relating to the drill results at O’Brien; the significance
of drill results; the ability of drill results to accurately predict mineralization; the ability of any material to be mined in a matter
that is economic. Although the forward-looking information contained in this news release is based upon what management
believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective
purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other
factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person
assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes
that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these
expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly
relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking
statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required
by law. These statements speak only as of the date of this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities
commission or other regulatory authority has approved or disapproved the information contained herein.