Radisson reports widest and deepest Intercept on the Vintage Zone, 6.9 g/t Gold over 4 meters at 610 meters depth
www.radissonmining.com
For immediate release TSX-V: RDS, OTC: RMRDF
October 25, 2017
Radisson reports widest and deepest Intercept on the Vintage Zone,
6.9 g/t Gold over 4 meters at 610 meters depth
Rouyn-Noranda, Quebec Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF)
(“Radisson” or the “Company") is pleased to announce that hole OB-17-49 has successfully
extended the Vintage zone by additional 250 m eters (“m”) at depth 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.
Press release highlights:
Hole OB-17-49 extended the Vintage Zone by over 250 meters at depth with multiple gold
intercepts in extension of Hole OB-17-42, which returned 13.7 g/t Au over 1.5 meters.
(See October 3rd, 2017 Press release)
Significant intersections reported are:
o OB-17-49 with 11.4 g/t Au over 0.5 m at 273.5 m depth
o OB-17-49 with 19.7 g/t Au over 0.5 m at 316 m depth
o OB-17-49 with 8.8 g/t Au over 0.5 m at 379 m depth
o OB-17-49 with 6.9 g/t Au over 4.0 m at 610 m depth within intercept of 2.3 g/t Au
over 16 meters.
(See figure 1 and figure 2)
The Vintage Zone has been traced over a strike length of 325 meters and vertical depth of
up to 580 meters.
Mario Bouchard, President and CEO commented: “Current exploration results continue to
increase the overall dimension of the Vintage Zone . Vintage remains open in all directions. We
are also encouraged to see that mineralization could also be widening at depth in a Banded Iron
formation encountered at 580 meters depth . 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. The team is currently planning a second phase drill program
that could start as early as November on Vintage.”
Table 1 Drilling results summary on the Vintage Zone
Drill hole From To Length Grade (g/t) Interpreted zone
(m) (m) (m) Au
OB-17-48 260.0 260.5 0.5 PENDING Cadillac wacke *VG
OB-17-49 273.5 274.0 0.5 11.4 Cadillac wacke *VG
OB-17-49 316.0 316.5 0.5 19.6 Cadillac wacke *VG
OB-17-49 379.0 379.6 0.6 8.7 Cadillac wacke
OB-17-49 581.0 581.5 0.5 1.9 Cadillac Conglomerate *VG
OB-17-49 598.0 614.0 16.0 2.3 Conglomerate, BIF *VG
Including 610.0 614.0 4.0 6.9 Banded Iron Formation *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
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 project. The first seven drill holes that
tested these targets were completed over a strike length of 325 meters and up to 580 meters
depth. 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
directions.
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
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.