Radisson Intersects 12.9 g/t Gold over 8 metres, 70 metres up-dip of widest intercept reported on 36E zone
www.radissonmining.com
For immediate release TSX-V: RDS, OTC: RMRDF
September 12, 2017
Radisson Intersects 12.9 g/t Gold over 8 metres, 70 metres up-dip of
widest intercept reported on 36E zone
Press release highlights:
This intersection is included in a wider mineralized envelope of 54 m grading 2.8 g/t Gold
(see figure 1).
Assays are pending for 21 drill holes completed in 2017 representing 12,000 metres of
drilling.
Specs of visible gold were observed in 2 exploration drill holes in the newly named Vintage
zone (see figure 2).
Rouyn-Noranda, Quebec Radisson Mining Resources Inc. (TSX-V: RDS , OTC: RMRDF )
(“Radisson” or the “Company" ) is please d to announce additional results from the ongoing
20,000 m drill program at the Company’s O’Brien gold project located along the Larder -Lake-
Cadillac (“L-L-C”) fault halfway between Rouyn-Noranda and Val -d’Or, Quebec. Hole OB -17-
25W intersected 12.9 g/t Au over 8 metres within a wider interval of 54 metres grading 2.8 g/t
Au. This wedge hole aimed the verti cal continuity of hole OB-17-25 70 metres closer to surface,
which a s highlighted in May 9th, 2017 Press Release , returned 1.0 g/t Au over 93 metres .
Radisson continues to confirm the presence of high-grade gold intercepts within wider lower
grade mineralized envelopes on the 36E zone of the O’Brien deposit.
Since the last update , results have been received for eight resource expansion drill holes. The
company is currently drilling hole OB-17-60. Assays are pending for 21 drill holes. 10 exploration
drill holes and 11 resource expansion drill holes.
Mario Bouchard, President and CEO commented: “Current results continue to demonst rate the
potential to expand known resources at the 36E and Kewagama zone. The fact that we continue
to encounter high-grade gold mineralization in wider lower-grade envelopes at several depths
could represent a game-changer for 36E. The newly named Vintage zone was first explored in
the 80s and never followed upon. Via historical data compilation, the company established a
number of high-priority exploration targets in this area of the O’Brien project. We aim to complete
the 20,000 metres drill program in the coming weeks by focusing on resource expansion targets,
while the company awaits results from its exploration drilling program completed this summer.”
Newly named Vintage zone exploration program
The Vintage zone is a parallel zone of the O’Brien project approximately located 85 metres north
of the Larder-Lake-Cadillac fault in the Cadillac Group of meta -sediments comprising sequence
of polymictic conglomerate, banded iron formation (BIF) and grauw acke. In comparison, current
resources of 36E and Kewagama zones are located in the Piche Group, south of the L-L-C fault.
Vintage zone saw small exploration work in the 80s, which were never followed upon. The
company established several high -priority exploration drill targets through historical data
compilation in this area. The first two drill holes that tested these targets were completed 65m
along strike from each other. Specs of visible gold associated with multiple narrow quartz -
sulfides (mostly a rsenopyrite) veins were intersected in both holes. The new info added to the
few available historical information help s to demonstrate the continuity and the favorable
geometry of the Vintage zone. All intercepts remain open laterally and at depth. Results are
currently pending and will be made available in the coming weeks.
Historical drill core re-logging and assaying
In light of the wide zones of mineralization recently int ersected on 36E area , the company will
review drill cores from a series of historical drill holes in the near-surface area of the 36E zone.
After re-log, selected drill core will be sent for assaying. Prior to 2016, most of these holes have
incomplete assay within the Piche group sequence. Only highly mineralized zones were assayed
without paying attention to a possible wider low-grade envelope model.
Table 1 Drilling results summary at the O’Brien gold project
Hole From To Length Grade Interpreted zone
(m) (m) (m) Au
OB-17-23W1 363.0 365.0 2.0 4.9 QFP #1
Including 363.0 364.0 1.0 8.0
And 364.0 365.0 1.0 1.7 VG
OB-17-25W1 394.0 448.1 54.1 2.8
PICHE CENTRAL SEQUENCE
(QFP’S, CONGLOMERATE AND
VOLCANICS)
Including 414.0 422.0 8.0 12.9 PICHE CONGLOMERATE
Which
includes
414.0 415.2 1.2 21.2 VG
420.0 421.0 1.0 4.5 VG
421.0 422.0 1.0 71.7
OB-17-32 - - - - NSV
OB-17-34 - - - - NSV
OB-17-35 350.4 351.4 1.0 6.9
PICHE VOLCANICS And 385.0 390.7 5.7 4.0
Including 389.7 390.7 1.0 20.6
OB-17-37 101.0 101.5 0.5 3.5 PONTIAC* VG
And 195.3 199.6 4.3 2.2 PICHE VOLCANICS Including 198.5 199.6 1.1 4.6
OB-17-38 46.2 61.5 15.3 1.1 PICHE VOLCANICS + QFP#1
OB-17-40 377.0 378.0 1.0 5.2 PICHE CONGLOMERATE
*VG; Denotes presence of visible gold
**NSV; No significant value
Note; Results are presented as down hole width; true width are estimated between 55 to 70% of down hole thickness.
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.
Appointment of Jacques Lévesque as Chief Financial Officer
Radisson is pleased to announce the appointment of Jacques Lévesque, CPA, CA as Chief
financial officer. M. Lévesque has been a CPA, CA and income tax specialist since 1971. From
1975 to 1988, he was an associate and the director of the income tax department of Maheu
Noiseux, Abitibi -Temiscamingue. Since 1988, he is acting as an independent CPA, CA and
income tax specialist and his principal occupation is the business financing and project manager.
Mr. Levesque was a director of Orex Exploration Inc. from December 1991 to October
2007 and he was its president from March 1993 to October 2007. From December 2009 to
May 2017, Mr. Levesque was a d irector and the Chief Financial Officer of Orex Exploration Inc.,
a junior exploration company listed on TSX Venture. Since May 19, 2017, Mr. Levesque is a
director of Anaconda Mining Inc., a mining company listed on the Toronto Stock Exchange.
Mario Bouchard, President and CEO commented: “On behalf of Radisson, I would like to offer a
sincere welcome to M. Lévesque. Jacques brings with him a wealth of experience in finance and
exploration that will assist the company moving forward with its exp loration and development
plan for the O’Brien gold project. I also want to acknowledge the work completed by Donald
Lacasse since 2007. We all recognize his unwavering commitment and the contri bution he as
brought to Radisson.”
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 high est-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:
Mario Bouchard
President and CEO
819-277-6578
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 actua l 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 material ly from forward
looking information can be found in Radisson’s disclosure documents on the SEDAR website at
www.sedar.com.