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ROUYN-NORANDA, QUEBEC–(Marketwired – June 15, 2016) – Radisson Mining Resources Inc. (TSX VENTURE:RDS) (“Radisson“) is pleased to announce the hiring of Tony Brisson, P. Geo., B. Sc., as consultant geologist and Independent Qualified Person as defined in National Instrument 43-101.
During his career of over 20 years, M. Brisson has worked with several significant mining companies, including Goldcorp Inc. (Eleonore Mine – Exploration Manager), Cogitore Resources Inc. (Vice-President of Exploration) and Cambior Inc. (Senior Geologist / Chief Geologist). In 2009, he was on the team who won the Prospector of the Year award from the Quebec Mining Exploration Association for the discovery of the Scott Lake deposit, when he was working for Cogitore Resources Inc.
Radisson’s President Mario Bouchard adds: “M. Brisson has strong expertise in different geological context, including the one of Bousquet-Cadillac mining camp. His venue will be beneficial for Radisson allowing our corporation to optimise its exploration activities. It will allow Radisson to pursue exploration and development of the O’Brien project where main objective remains to increase resources in order to establish an underground exploration program. Considering latest results obtained in the Pontiac Group sedimentary rocks it is also exciting to begin the geophysics program with Abitibi geophysics Inc. in order to define additional exploration targets within this sector of the O’Brien project”.
Phase II of drill program underway and geophysics work
On June 7, 2016, one drill-rig was mobilized at the O’Brien project with purpose of completing 3,400 metres of surface drilling. Drilling program targets the extension and discovery of ore shoots within current mineral resource area (See figure 1).
Drill holes completed are orientated North, thus before reaching their target, all drill holes must cross Pontiac Group sedimentary rocks located south and outside current resource area. Many intersections of interest containing visible gold within Pontiac Group were analyzed during Phase I of the drill program (See figure 2). Following these results the corporation tested Abitibi Geophysics Inc.’s “Orevision IP technology” inside DDH 16-3, which returned 12.73 g/t Au over 1 metre within Pontiac Group sedimentary rocks. “Orevision IP” response was positive; hence, the corporation established a geophysics program within Pontiac Group sedimentary rocks to generate additional drill targets.
Additional exploration drilling target to be defined with historic drill core
Radisson owns more than 50,000 metres of drill core completed by the corporation and its predecessors at the O’Brien project. Many of the drill holes completed intersected sedimentary rocks without being analyzed by the past. With results obtained in 2016, the corporation will revisit and analyze some of these intersections to increase its knowledge of ore shoots within the Pontiac Group.
Qualified Person
Tony Brisson, P. Geo., B. Sc., 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).
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For more information on Radisson, visit our website at www.radissonmining.com.
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.
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Radisson Mining Resources Inc.
Mario Bouchard
President and CEO
819-277-6578
[email protected]
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Wed, 15 Jun 2016 13:00:00 GMT