Radisson intersects 30.6 g/t Au over 1 m on the Vintage Zone
www.radissonmining.com
For immediate release TSX-V: RDS, OTC: RMRDF
March 6, 2018
Radisson intersects 30.6 g/t Au over 1 m on the Vintage Zone
Rouyn-Noranda, Quebec Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF)
(“Radisson” or the “Company") is pleased to announce the first set of results from the 6,000 m
ongoing drilling program on the Vintage Zone of the O’Brien gold project. The project is located
along the Cadillac Break , 8km west of Agnico -Eagle’s Lapa mine, halfway between Rouyn -
Noranda and Val -d’Or in Quebec, Canada . The Vintage zone is parallel to, and to the north of
the 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 historical mines in the Cadillac mining camp.
Mario Bouchard, President and CEO commented: “The significant results obtained within the
825 m strike of the Vintage Zone are encouraging and continue to highlight the exploration
potential of the sector. We await results from five drill holes that aimed the e astern extension of
Vintage. The intercept of 6.9 g/t Au over 4 meters obtained i n a different geological setting at
depth is of particular interest . This setting remains open in all direction and will require deeper
drill holes in order to be tested. To this extent, the imminent completion of the resource estimate
update and 3D geolog ical model of the O’Brien project will allow the company to define
additional drill targets below the 600 m level , both on the Vintage Zone and current resource
area a few meters south. I must underline that current resource area also remains open at depth
where one drill hole completed in 2004 returned 17.5 g/t Au over 1 m at 1,228 meters depth.”
Press release highlights:
Significant intersections reported are:
o 30.6 g/t Au over 1 meter at 436 m depth in hole OB-17-49W3
o 11.6 g/t Au over 0.9 m at 336.2 m depth in hole OB-17-49W3
o 17.0 g/t Au over 0.9 m at 211.5 m depth in hole OB-17-67
o (See figure 1 and figure 2)
With the presence of multiple Visible Gold intercepts, the wedge holes (W1, W2, W3)
completed from hole OB-17-49 are indicating:
o The vertical continuity and favourable geometry of the gold system on the Vintage
Zone, with presence of quartz vein s, arsenop yrite and multiple Visible Gold
intercepts.
o The deepest drill hole completed on the Vintage Zone (OB -17-49) intersected a
sulphides rich Banded Iron Formation (10% pyrite and 10% pyrrhotite as opposed
to arsenopyrite) which returned 6.9 g/t Au over 4 m . As expected, the wedge holes
completed on this section have intersected the Banded Iron Formation, but without
the presence of pyrite, pyrrhotite and significant gold values. Up to date, this system
remains open laterally and at depth.
Assays are pending from 5 drill holes for approximately of 2,200 meters.
The next two drill holes will be completed on the Western actual boundary of the Vintage
Zone where hole OB-17-56 returned 27.5 g/t Au over 1.4 meters near surface.
Table 1 Drilling results summary on the Vintage Zone
Drill hole From To Length Grade (g/t) Interpreted zone
(m) (m) (m) Au
OB-17-49W1 - - - - NSV
OB-17-49W2 319.5 320.6 1.1 5.7 Cadillac wacke
And 340.1 341.0 0.9 6.4 Cadillac wacke
And 354.5 356.0 1.5 4.4 VG* Cadillac wacke
OB-17-49W3 336.2 337.0 0.9 11.6 VG* Cadillac wacke
And 396.3 396.9 0.6 4.4 Cadillac wacke
And 436.0 437.0 1.0 30.6 VG* Cadillac Conglomerate
OB-17-63 - - - - NSV
OB-17-64 158.1 158.6 0.5 5.2 VG* Cadillac Conglomerate
OB-17-67 211.5 212.4 0.9 17.0 VG* Cadillac Conglomerate
OB-17-68 202.3 204.3 2.0 1.8 Cadillac Break
*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.
Drill holes OB-17-65 and OB-17-66 aimed geophysical anomalies defined in 2016 in the Pontiac
sediments south of the O’Brien deposit. These drill holes did not intersect any significant gold
value. Since focus of the actual drill program is on the Vintage Zone, north of the O’Brien deposit
DDH OB-17-65 and OB-17-66 where not included in the above table.
Vintage zone 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. Due to t heir proximity all zones could eventually be accessed via same mining
infrastructures.
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 project, 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
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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 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.