Radisson discovers multiple high-grade Gold intersects over 200 metres along strike in the Vintage Zone, including 15 g/t Au over 1.5 m and 13.7 g/t Au over 1.5 m
www.radissonmining.com
For immediate release TSX-V: RDS, OTC: RMRDF
October 3, 2017
Radisson discovers multiple high-grade Gold intersects over 200
metres along strike in the Vintage Zone, including 15 g/t Au over 1.5 m
and 13.7 g/t Au over 1.5 m
Press release highlights:
The first 4 exploration drill holes have intersected gold mineralization over 200 metres along
strike in the Vintage Zone, located 85 metres north of the Larder -Lake-Cadillac fault (“L -L-
C”). (See figure 1)
Significant intersections reported are:
o OB-17-42 with 13.7 g/t Au over 1.5 m
o OB-17-43 with 7.5 g/t Au over 1.5 m
o OB-17-43 with 15.0 g/t Au over 1.5 m
o OB-17-45 with 8.6 g/t Au over 1.5 m
o OB-17-47 with 4.3 g/t Au over 1.2 m
Rouyn-Noranda, Quebec Radisson Mining Resources Inc. (TSX-V: RDS , OTC: RMRDF )
(“Radisson” or the “Company" ) is please d to announce the first set of results from the
exploration drill program completed as part of the ongoing 20,000 metres drill program at the
Company’s O’Brien gold project. The project is located along the Larder-Lake-Cadillac (“L-L-C”)
fault halfway between Rouyn-Noranda and Val-d’Or, two renowned mining towns in the province
of Quebec, Canada . First four exploration drill holes completed in the Vintage Zone have
intersected multiple high -grade gold zones hosted by a sub vertical shear vein system. The
structure has been traced by drilling on over 200 metres strike length from East to West and is
open in all directions.
The 5,190 metres exploration drill program completed during the summer focused on high -
priority exploration targets defined outside current resources of the O’ Brien gold project. Current
results are from four drill holes completed north of the L -L-C in the Vintage Zone . Results are
pending for 6 holes totalling 3,506 metres.
Mario Bouchard, President and CEO commented: “The results from these exploration drill holes
completed in the Vintage Zone are highlighting the strong exploration potential north of the
Larder-Lake-Cadillac fault on the O’Brien project . To put the significance of these results in
context, one should remember that the bulk of current resources are located a few metres south
of the L -L-C, in the Piche volcanic group . The data compilation of the few exploration work
historically conducted on the Vintage Z one allowed Radisson to identify several high -priority
exploration targets in this area of the O’Brien gold project. The fact that the company was able to
identify gold mineralization over 200 metres strike length with only four drill holes speaks by
itself. The current results in addition to historical information helps to demonstrate the continuity
and the favourabl e geometry of the Vintage Zone. All intercepts remain open laterally and at
depth.”
Table 1 Drilling results summary on the Vintage Zone
Hole From To Length Grade Interpreted zone
(m) (m) (m) Au
OB-17-42 261.8 263.3 1.5 13.7 CADILLAC CONGLOMERATE*VG
Including 262.3 262.8 0.5 40.9 CADILLAC CONGLOMERATE*VG
OB-17-42 299.5 300.0 0.5 6.5 CADILLAC WACKE*VG
OB-17-42 371.6 372.1 0.5 0.2 CADILLAC WACKE*VG
OB-17-43 304.0 305.5 1.5 7.5 CADILLAC WACKE
Including 304.5 305.0 0.5 21.2 CADILLAC WACKE*VG
OB-17-43 351.3 352.8 1.5 15.0 CADILLAC WACKE
Including 351.8 352.3 0.5 44.8 CADILLAC WACKE*VG
OB-17-43 360.2 361.7 1.5 3.7 CADILLAC WACKE
OB-17-45 239.1 240.6 1.5 8.6 CADILLAC WACKE
OB-17-45 250.0 250.5 0.5 5.8 CADILLAC WACKE*VG
OB-17-45 255.3 255.8 0.5 8.2 CADILLAC WACKE
OB-17-45 257.5 258.2 0.7 4.1 CADILLAC WACKE
OB-17-47 168.3 169.5 1.2 4.3 CADILLAC WACKE
*VG; Denotes presence of visible gold
Note; Results are presented as down hole width; true width are estimated between 55 to 70% of down hole thickness.
Vintage zone exploration program
The Vintage zone is a parallel zone of the O’Brien project located approximately 85 metres north
of the L-L-C fault in the Cadillac Group of meta -sediments comprising sequence of polymictic
conglomerate, banded iron formation (BIF) and grauwacke. In compar ison, current resources of
36E and Kewagama zones are located in the Piche Group, south of the L -L-C fault. The Vintage
zone saw small historical exploration programs, which were never followed upon. The company
established several high-priority exploration drill targets through historical data compilation in this
area of the O’Brien gold project . The first four drill holes that tested these targets were
completed over a strike length of 200 metres. The new info added to the few available historical
information helps to demonstrate the continuity and the favourable geometry of the Vintage
zone. All intercepts remain open in all direction.
All drill cores in this campaign are NQ in size. A ssays were completed on sawn half-cores, with
the second half kept for future reference. The samples were analyzed using standard fire assay
procedures with Atomic Absorption ( AA) finish at Swastika Laboratories Ltd, in Swastika ,
Ontario. Samples yielding a grade hi gher than 5 g/t were analyzed a second time by fire assay
with gravimetric finish at the same laboratory. Samples containing visible gold were analyzed
with metallic s ieve procedure. Standard reference materials and blank samples were inserted
prior to shipment for quality assurance and quality control (QA/QC) program.
Qualified Person
Tony Brisson, P. Geo, independent consultant, acts as a Qualified Person as defined in National
Instrument 43 -101 and has reviewed and approved the technical information in this press
release.
About Radisson Mining Resources Inc.
Radisson is a Quebec -based mineral exploration company. The O’Brien project, cut by the
regional Larder-Lake-Cadillac Fault, is Radisson’s flagship asset. The project hosts the former
O’Brien Mine, considered to have been the Abitibi Greenstone Belt’s highest -grade gold
producer during its production (1,197,147 metric tons at 15.25 g/t Au for 587,121 ounces of gold
from 1926 to 1957; InnovExplo, April 2015).
For more information on Radisson, visit our website at www.radissonmining.com or contact:
Hubert Parent-Bouchard
Corporate Development
819-763-9969
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 ade quacy or
accuracy of this release.
Forward-Looking Statements : This press release may contain certain forward -looking
information. All statements included herein, including the scheduled Closing date, but other than
statements of historical fact, is forward-looking information and such information involves various
risks and uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from those anticipated in
such information. A description of assumptions used to develop such forward-looking information
and a description of risk factors that may cause actual results to differ materially from forward
looking information can be found in Radisson’s disclosure documents on the SEDAR website at
www.sedar.com.