Northwire Canada EditionTuesday, October 20, 2026
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GOLD 4154.00 −0.1% SILVER 58.02 +1.3% COPPER 6.61 +0.6% OIL 97.41 −1.1% PALLADIUM 1113.75 −0.8% ADZ 0.130 +8.3% NXS 0.150 +0.0% ETG 2.83 −6.6% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.37 +0.4% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.09 −6.3% GOLD 4154.00 −0.1% SILVER 58.02 +1.3% COPPER 6.61 +0.6% OIL 97.41 −1.1% PALLADIUM 1113.75 −0.8% ADZ 0.130 +8.3% NXS 0.150 +0.0% ETG 2.83 −6.6% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.37 +0.4% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.09 −6.3%
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 →

More from Radisson Mining Resources Inc.

Sep 21, 2026 · 06:31

Radisson’s O’Brien deposit returned a best routine hole with high grades and widths, though the scale is already priced in.

Drill Results Sep 02, 2026 · 06:31

Radisson drilled 52.34 g/t over 3 m in Trend 1-2 Gap at its Agnico-backed project.

Drill Results Sep 01, 2026 · 08:21

Radisson closes a C$57 million placement to fund underground derisking at its O'Brien deposit.

Financings Aug 24, 2026 · 06:31

Radisson takes a 10.45% stake at c$1.07 to fund the O'Brien underground program.

Financings Jul 07, 2026 · 06:32

Radisson’s 1,604 g/t Au hit at O’Brien confirms a new, untapped high-grade Pontiac zone and deepens discovery potential beyond resources.

Drill Results Jun 22, 2026 · 06:32

Radisson Mining drilled 1,720m at O'Brien, sustaining step-out momentum amid a $25m capital raise.

Drill Results