Radisson Intersects 5.8 G/T GOLD over 3.8 Metres South of Current Resource IN the Pontiac Sediments
TSXV: RDS
For immediate release Press release No. 02, 2017
RADISSON INTERSECTS 5.8 G/T GOLD OVER 3.8 METRES SOUTH OF CURRENT
RESOURCE IN THE PONTIAC SEDIMENTS
Rouyn-Noranda, Quebec, March 1 , 2017 : Radisson Mining Resources Inc. (TSXV: RDS)
(“Radisson”) is pleased to announce additional results from the ongoing 20,000 metres drill
program at the Company’s O’Brien gold project located in the heart of the Cadillac mining camp
along the Larder-Lake-Cadillac fault in Quebec, Canada.
Since the last update, (See February 14, 2017 press release) results have been received for four
holes (OB-16-18 to OB-16-21).
Highlights:
Drill hole OB-16-19 intersected 5.8 g/t Au over 3.8 m at a depth of 300 metres in the
Pontiac Group sedimentary package south of current mineral resources (see figure 2).
Drill hole OB-16-20 intersected 10.5 g/t Au over 1.5 m at a depth of 160 metres in the
Pontiac Group sedimentary package south of current mineral resources ( see figure 2 ) and
4.3 g/t Au over 4.0 m at a depth of 305 metres in the Piche volcanics, within current mineral
resources (see figure 1).
Mario Bouchard, President and CEO commented: “ We are excited by today’s results as we
continue to encounter high -grade gold mineralization both along strike of current resources and
within the Pontiac sediments south of current resources. The addition of a second drill rig in
March will enable the company to accelerate its drill testing program with one rig focussed on
high priority exploration targets outside the current resource envelope and the second rig testing
extension of ore shoots within current resources.”
Additionally, Specks of visible gold were observed at a depth of 533 metres in the Piche
conglomerate unit in drill hole OB -17-23 ( see photos ). Hole OB -17-23 was completed 200
metres in vertical extension of drill hole OB -16-14 that intersected value of 20.2 g/t Au over 2.5
metres West of the current resources (see figure 1 ). Hole OB-17-23 was sent to the laboratory
for assaying and results will be available in the coming weeks.
Drill results summary at the O’Brien project
Hole
From
(m)
To
(m)
Length
(m)
Grade
Au Interpreted zone Comment
OB-16-18 203.3 203.8 0.5 2.1 PONTIAC SEDIMENTS VG
OB-16-19 300.1 303.9 3.8 5.8 PONTIAC SEDIMENTS VG
Including 300.1 300.9 0.8 23.0 PONTIAC SEDIMENTS VG
OB-16-20 160.0 161.5 1.5 10.5 PONTIAC SEDIMENTS
OB-16-20 163.5 164.2 0.7 0.08 PONTIAC SEDIMENTS VG
Hole
From
(m)
To
(m)
Length
(m)
Grade
Au Interpreted zone Comment
OB-16-20 305.0 309.0 4.0 4.3 PICHE VOLCANICS VG
Including 305.0 308.0 3.0 5.1 PICHE VOLCANICS
OB-16-21 456.3 459.4 3.1 3.3 PICHE VOLCANICS
Including 456.3 457.4 1.1 6.4 PICHE VOLCANICS VG
Including 456.3 458.4 2.2 4.3 PICHE VOLCANICS
Note; Results are presented as downhole width; true width s are estimated to be between 55 to 70% of
downhole thickness.
2017 PDAC Convention
Radisson’s management team will be available during the PDAC convention and invite you to
visit Booth #2908 in the Investors Exchange in the Metro Toronto Convention Center from March
5-8, 2017 to discuss recent corporate activities, exploration program and the 20,000 m drill
program underway at the O’Brien gold project.
All drill cores in this campaign are NQ in size. Analyses were completed on sawn half-cores, with
the second half kept for future reference. The samples were analyzed using standard fire assay
procedures with AA finish at Techni -Lab Actlabs in Ste -Germaine-Boulé in Abitibi, Quebec.
Samples yielding a grade higher than 5 g/t we re analyzed a second time by fire assay with
gravimetric finish at the same laboratory. Samples containing visible gold were analyzed with
metallic sieve 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:
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 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.