Radisson extends the Vintage Zone to 325 m along strike with an intercept of 9.7 g/t gold over 2.9 m at the O’Brien project
www.radissonmining.com
For immediate release TSX-V: RDS, OTC: RMRDF
October 18, 2017
Radisson extends the Vintage Zone to 325 m along strike with an
intercept of 9.7 g/t gold over 2.9 m at the O’Brien project
Rouyn-Noranda, Quebec Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF)
(“Radisson” or the “Company") is pleased to announce that hole OB -17-48 has successfully
extended the Vintage zone by additional 125 m along strike at the O’Brien gold project. The
project is located along the Cadillac Break halfway between Rouyn -Noranda and Val -d’Or in
Quebec, Canada. The Vintage zone is parallel to, and to the north of bulk of current resources at
the O’Brien project. The zone is located only 85 meters north of the Cadillac Break in a context
that is similar to producing and historical mines in the Cadillac mining camp . The structure has
been traced by drilling on over 325 meters strike length from East to West , vertical height of up
to 360 meters and remains open in all directions.
Press release highlights:
Hole OB-17-48 extended the Vintage Zone by over 125 meters along strike with inter cept of
9.7 g/t Au over 2.9 m at 208 meters below surface. Assays are pending for the final portion
of Hole OB-17-48.
(See figure 1)
The Vintage Zone has been traced over a strike length of 325 meters and vertical height of
up 360 meters.
Additional drill results are expected from Hole OB -17-49 completed in vertical extension of
Hole OB-17-42, which returned 13.7 g/t Au over 1.5 meters.
(See October 3rd, 2017 Press release)
Mario Bouchard, President and CEO commented: “Current exploration results continue to
increase the overall dimension of the Vintage Zone . The Zone as now been traced on over 325
meters and remains open in all directions . Due to its high grade potential and proximity to
current resources, the Vintage Zone has the potential to be an important part of O’Brien’s
exploration and development plan. As we await final results from the drill program completed this
summer on the Vintage Zone, w e are currently planning a drill program in order to test lateral
and at depth extension of this zone.”
Table 1 Drilling results summary
Drill hole From To Length Grade (g/t) Interpreted zone
(m) (m) (m) Au
OB-17-46 86.0 88.5 2.5 4.4 Piche Volcanics
Including 88.0 88.5 0.5 15.9 Piche Volcanics *VG
OB-17-48 208.6 211.5 2.9 9.7 Cadillac wacke
OB-17-48 260.0 260.5 0.5 PENDING Cadillac wacke *VG
*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
As the company is waiting for final results from the drill program completed on the Vintage Zone,
review of current results and historical exploration programs from the Vintage Zone is
progressing in order to define a second phase exploration program.
The Vintage zone is a parallel zone of the O’Brien project located approximately 85 meters north
of the Cadillac Break in the Cadillac Group of meta -sediments comprising sequence of
polymictic conglomerate, banded iron formation (BIF) and grauwacke. In comparison, current
resources of 36E and Kewagama zones are located in the Piche Group, south of the Cadillac
Break. The Vintage zone saw small historical exploration programs, which were never followed
upon. In 2017, t he company established several high -priority exploration drill targets through
historical data compilation in this area of the O’Brien gold proj ect. The first six drill holes that
tested these targets were completed over a strike length of 325 meters. 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.
2017 drill program completed at 20,000 meters, 10,500 meters in assays pending
Furthermore, the company announces that it has completed the drill program planned in 2017 to
approximate total of 20,000 meters. The drill program was completed with two main objectives.
An approximate total of 15,000 meters was completed for resource expansion from surface to a
depth of 500 mete rs. As a second objective , the approximate 5,000 meters expl oration drill
program completed, focused on high-priority exploration targets defined outside the main sector
of current resources of the O’Brien gold project, including the Vintage Zone.
There are currently 20 drill holes in assays pending for a total an approximate total of 10,5 00
meters.
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 higher 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 pr oject, cut by the
regional Cadillac Break, 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 adequacy 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 ev ents 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.