Radisson Continues to Intersect High-Grade Gold Mineralization in the "Trend 1-Trend 2 Gap" at O'Brien, Including 52.34 g/t Gold over 3 Metres
Radisson drilled 52.34 g/t over 3 m in Trend 1-2 Gap at its Agnico-backed project.
Radisson Mining Resources Inc. reported six new wedge holes from pilot holes OB-26-386 and OB-26-387, all targeting the approximately 800-metre vertical Trend 1-Trend 2 Gap at O'Brien. All six new holes returned intercepts above 3 g/t Au, with 13 of 15 wedge cuts across the two pilot holes being resource-consistent. Headline intervals are core lengths, calculated with a 3.00 g/t Au bottom cut-off and uncapped. The company states true widths are estimated at 30-80% of core length.
Key reported intercepts include: - OB-26-386W4: 52.34 g/t Au over 3.0 m, including 154.95 g/t Au over 1.0 m; also 3.82 g/t Au over 10.2 m and 9.39 g/t Au over 2.0 m. - OB-26-387W7: 10.62 g/t Au over 4.7 m, including 40.90 g/t Au over 1.1 m and 29.34 g/t Au over 1.0 m; also 6.43 g/t Au over 3.0 m. - OB-26-386W5: 5.37 g/t Au over 4.2 m, including 14.38 g/t Au over 1.2 m. - OB-26-386W6: 6.14 g/t Au over 3.7 m, including 11.11 g/t Au over 1.0 m.
The release repeats the previously reported wedge results OB-26-386W1, OB-26-387W2, and OB-26-387W3 as part of the fifteen-hole gap program.
Radisson Mining Resources Inc. (RDS) released results that confirm the Trend 1-Trend 2 Gap concept, though the findings do not constitute a district-opening discovery. The project already holds a substantial resource base, comprising 0.63 moz indicated and 1.69 moz inferred. While the 157 gram-metre hit is a strong result, it does not alter the fundamental scale of the deposit on its own.
The market was previously informed that the gap was being drilled, with earlier releases issued on June 1, June 22, and July 7, 2026. The thesis that the gap is drill-limited, rather than geology-limited, was already articulated in those prior communications.
Radisson Mining Resources Inc. (RDS) stock moved from roughly $0.85 in early July to $1.15 on September 1. This price action was driven mainly by the Agnico Eagle strategic investment at $1.07 per unit, rather than by this specific drilling campaign. The results are strong enough to support the ongoing resource-growth narrative but do not represent a new market-moving event.
Radisson Mining Resources Inc. is a Canadian gold explorer focused on the 100%-owned O'Brien Gold Project in the Bousquet-Cadillac mining camp, Abitibi, Québec. The project lies along the Larder Lake-Cadillac Break and hosts high-grade quartz-sulphide veins in Piché Group metavolcanic/conglomerate rocks. Historical O'Brien mine produced over 500,000 oz at more than 15 g/t Au over at least 1,000 m vertical extent. Current resource: 0.63 moz indicated at 5.59 g/t Au and 1.69 moz inferred at 5.08 g/t Au.
The July 2025 PEA described an 11-year mine life using existing regional infrastructure and toll milling. Agnico Eagle closed a C$57.15 million strategic placement, acquiring 53.42 million units at C$1.07 per unit, about 10.45% basic ownership and 14.90% partially diluted. Proceeds fund an advanced underground exploration program, including ramp and mine infrastructure. The company continues a 140,000 m step-out drill program with eight rigs, financed by existing cash.