Northwire Canada EditionMonday, August 24, 2026
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GOLD 4710.50 +0.6% SILVER 69.17 −0.5% COPPER 6.59 +0.1% OIL 85.52 −1.8% PALLADIUM 1353.25 +0.2% TBK 0.360 +2.9% AHR 1.12 +6.7% VGD 0.130 −10.3% HART 0.240 +4.3% XGC 0.230 −2.1% FAS 0.095 +0.0% ONAU 0.690 +13.1% NAR 0.265 −1.9% GSR 0.400 +3.9% SPMC 0.930 +13.4% EDM 0.710 +1.4% PDQ 0.080 +0.0% ATX 2.83 +4.0% ENDR 0.165 −2.9% SCD 0.210 +2.4% GOLD 4710.50 +0.6% SILVER 69.17 −0.5% COPPER 6.59 +0.1% OIL 85.52 −1.8% PALLADIUM 1353.25 +0.2% TBK 0.360 +2.9% AHR 1.12 +6.7% VGD 0.130 −10.3% HART 0.240 +4.3% XGC 0.230 −2.1% FAS 0.095 +0.0% ONAU 0.690 +13.1% NAR 0.265 −1.9% GSR 0.400 +3.9% SPMC 0.930 +13.4% EDM 0.710 +1.4% PDQ 0.080 +0.0% ATX 2.83 +4.0% ENDR 0.165 −2.9% SCD 0.210 +2.4%
Drill Results Routine +

Radisson Expands High-Grade Gold Mineralization Across Previously Undrilled "Trend 1-Trend 2 Gap" at the O'Brien Gold Project

Radisson Mining Validates Deep Vein Continuity at O'Brien as Step-Out Campaign Targets 2.5km Horizon

By The Northwire Desk — AI Analysis Jun 01, 2026 · 06:31 RDS · 1.07 Radisson Mining Resources Inc.
Executive Summary
  • Announced assay results from seven drill holes targeting the previously under-explored "Trend 1-Trend 2 Gap" at the 100%-owned O'Brien Gold Project in Québec.
  • Six of seven holes returned significant high-grade intercepts, with highlights including 69.05 g/t Au over 1.0 m and 7.57 g/t Au over 9.7 m.
  • Results demonstrate lateral mineral continuity between previously thought-discrete structural trends, directly informing future stope continuity modeling and mine infrastructure placement.
  • The holes are part of an aggressive 140,000-metre step-out program that has achieved a 79.8% success rate since December 2024.
  • Company guidance indicates a strategic shift to extend the exploration floor from 2 kilometres to 2.5 kilometres using pilot holes and directional wedging.
  • MRE parameters maintained at a 2.20 g/t Au cutoff, US$2,500/oz gold price assumption, and a 60 g/t Au upper cap on individual assays.
Material Impact
  • The release functions as an incremental validation of the established step-out exploration thesis rather than a market-moving discovery.
  • The "Trend 1-Trend 2 Gap" was explicitly identified as a target in prior operational updates; closing this gap confirms geological continuity but does not drastically alter the resource envelope or PEA economics.
  • High-grade intercepts are consistent with previous reporting and align with the company's stated 3-4 Moz exploration target.
  • The market has been continuously pricing in lateral and vertical expansion through the publicly funded 140,000-metre campaign, making these results expected and routine.
RDS · Price
Company Overview
  • Radisson Mining Resources Inc. is a Canadian exploration and development-stage company focused on the O'Brien Gold Project in the prolific Bousquet-Cadillac mining camp of Québec.
  • The flagship asset features a high-grade, deep-seated quartz-sulphide gold vein system with multiple parallel mineralized zones.
  • A July 2025 Preliminary Economic Assessment (PEA) outlined an 11-year mine life, C$532 million after-tax NPV (5%), 48% IRR, and US$861/oz cash costs at a US$2,550/oz gold price.
  • Project design strategically relies on underground long-hole stoping and toll-milling at the nearby IAMGOLD Doyon mill to minimize initial capital expenditure and environmental footprint.
Read the original news release →

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Drill Results