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Aurum Takeover of Mako: Compulsory Acquisition Notice


Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF)(“Radisson” or the “Corporation”) is pleased to provide a 2025 outlook and exploration & development plan for the Company’s 100%-owned O’Brien Gold Project (“O’Brien” or the “Project”) located in the Abitibi region of Québec.

Matt Manson, President and CEO, commented: “In 2025 we are planning a comprehensive and fully funded exploration and project development program at O’Brien to understand the potential scope of the Project, and significantly advance it towards development. This program includes drilling focussed on the extension of gold mineralization at the Project to depth, building on the impressive deep results achieved at the tail end of 2024. Our drilling will be complemented by surface trenching and stripping, and a program to delineate the extension to surface of the famous O’Brien “Jewellery Box” zone, recently rediscovered by Radisson drilling. In development work, we expect to shortly conclude the metallurgical studies and milling assessment currently ongoing under a Memorandum of Understanding (“MOU”) with IAMGOLD Corporation and based on the nearby Doyon mill. We contemplate commencing a companion Preliminary Economic Assessment (“PEA”) for O’Brien, based on utilizing the Doyon mill, upon the successful completion of this preliminary technical work. This year will also see an increased focus on baseline environmental studies at O’Brien, and community engagement, as a future potential O’Brien mining operation comes into focus. We see O’Brien as a low cost, small footprint and high margin mining operation with significant exploration upside and developed within a hub-and-spoke mining and milling arrangement characteristic of gold mining in the Abitibi. Our 2025 work plan has been developed with this clear strategy in mind.”

A total exploration budget of approximately C$6.8M has been established for 2025, including all drilling and assay costs, surface stripping and trenching, personnel, permitting costs and site support. This will be fully funded from Radisson’s existing treasury.

Details of the 2025 work program are as follows:

1. 22,000 Metres of Exploration Drilling

Radisson’s 2025 exploration drilling at O’Brien will focus on expanding the scope of known mineralization below the existing mineral resources. In December 2024, Radisson released the results of the deepest hole ever drilled at the Project and the first hole drilled directly below the historic O’Brien Mine workings. Sheared, altered and mineralized rocks of the Piché Group, the dominant host rocks for O’Brien gold mineralization, were intersected at approximately 1,500 metres vertical depth, 500 metres below previous drilling, and returned 242.0 grams per tonne (“g/t”) gold (“Au”) over 1.0 metre within a mineralized interval that averaged 31.24 g/t Au over 8.0 metres. In September 2024, Radisson intersected 27.61 g/t Au over 6.0 metres



Read More: Aurum Takeover of Mako: Compulsory Acquisition Notice

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