Drill Results
High-Grade Gold Intersected on Globex's Kewagama Gold Royalty Claims
RDS · Price
Executive Summary
- Radisson Mining Resources reported multiple new gold intercepts on Globex’s Kewagama royalty claims, including deep step‑outs to 1,300 m vertical depth and high‑grade shallow hits.
- The company highlighted an exploration target of 3–4 Moz Au at 4.5–8.0 g/t within the O’Brien area, supported by four active drill rigs.
- Intercepts were calculated using a 3.00 g/t Au cut‑off; true widths are estimated at 30‑80 % of core length.
Key Details
- Royalty Interest: Globex holds a 2 % Net Smelter Royalty on the eastern portion of Radisson’s East O’Brien area, extending to the Central Cadillac/Wood Gold Mine property.
- Deep Intersections (850–1,300 m): New drill holes intersected gold at significant depths, confirming prospectivity both shallow and deep within the Piche Group rocks.
- Shallow Intersections (200–500 m): Additional high‑grade hits were recorded between deeper zones and the historic Kewagama shaft area.
Selected Assay Results (Au g/t – Uncut)
| Hole | Trend | From (m) | To (m) | Core Length (m) | Au (g/t) |
|---|---|---|---|---|---|
| OB‑24‑352 | #2 | 521.0 | 522.0 | 1.00 | 13.10 |
| OB‑24‑352 | #2 | 703.0 | 704.5 | 1.50 | 3.73 |
| OB‑24‑355 | #3 | 432.4 | 433.7 | 1.30 | 3.91 |
| OB‑24‑359W1 | #3 | 495.0 | 496.0 | 1.00 | 11.20 |
| OB‑24‑361 | #3 | 195.5 | 196.5 | 1.00 | 4.46 |
| OB‑24‑361 | #3 | 572.4 | 573.4 | 1.00 | 15.10 |
| OB‑24‑363 | #2 | 194.5 | 195.9 | 1.40 | 6.04 |
| OB‑24‑363 | #2 | 910.0 | 911.0 | 1.00 | 7.65 |
| OB‑24‑363 | #2 | 1,199.7 | 1,201.9 | 2.20 | 8.41 (incl. 14.40 g/t over 1.20 m) |
| OB‑25‑363W1 | #2 | 1,037.0 | 1,038.4 | 1.40 | 4.16 |
| OB‑25‑371 | #2 | 1,402.0 | 1,403.0 | 1.00 | 5.54 (incl. 3.99 g/t over 2.50 m) |
| OB‑25‑371W1 | #2 | 1,058.5 | 1,061.5 | 3.00 | 5.66 (incl. 9.97 g/t over 1.50 m) |
| OB‑25‑375 | #3 | 538.0 | 539.5 | 1.50 | 7.38 |
- Cut‑off: Intercepts calculated using a 3.00 g/t Au bottom cut‑off; true widths estimated at 30‑80 % of core length.
- Exploration Target Statement (CEO Matt Manson): “Our Exploration Target at O’Brien is between 3 and 4 million ounces of gold in 15 to 20 million tonnes at between 4.5 and 8.0 g/t Au.”
- Drilling Activity: Four drill rigs are currently active on the project, with drilling ongoing.
Notable Quotes
“Several of the holes represent deep step‑outs below our ‘Trend #2’, pushing the scope of known mineralization downwards by up to 300 metres in this important area.” – Matt Manson, President & CEO, Radisson Mining Resources
The forward‑looking statements disclaimer and safe‑harbour notice have been omitted as per instructions.
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Jul 07, 2026 · 06:32