Radisson Highlights Developing Vein Model at O'Brien Gold Project with Implications for Future Growth and Mine Planning
Deep-drill success triggers geological paradigm shift from boutique high-grade to mechanized mine scale at O'Brien.
The news release dated February 12, 2026, provides a significant update on the geological modelling at the 100%-owned O'Brien Gold Project. Key highlights include: - The delineation of a multi-vein system consisting of at least eight parallel veins modelled over a 250m x 700m area beneath the historic mine. - An 84% success rate in intercepting gold mineralization across the 140,000-metre step-out drill program initiated in 2024. - High-grade intercepts including 31.24 g/t Au over 8.0 metres and 89.36 g/t Au over 3.7 metres, supporting the continuity of the model. - A strategic shift in project vision: Moving from viewing O'Brien as a "bespoke deposit of extreme grade" to an "extensive Abitibi vein deposit" amenable to modern mechanized mining. - A commitment to a series of step-by-step Mineral Resource Estimate (MRE) updates, with the first scheduled for completion before March 31, 2026.
The news is materially positive for several reasons: - Validation of Theory: The management's thesis that mineralization continues significantly below the 600m depth (where 75% of the old resource was located) has been validated by the 1,500m vertical depth intercepts. - Scale Potential: Moving toward a mechanized mining model suggests the company is looking to increase the throughput and scale of the project, which could significantly enhance the NPV beyond the July 2025 PEA snapshot. - Execution De-risking: An 84% success rate on step-out holes is exceptionally high for deep exploration, reducing the risk of "dry holes" in the remainder of the 140,000m program. - Immediate Catalyst: The announcement of an MRE update within the next six weeks provides a concrete near-term catalyst for the stock price.
Radisson Mining Resources is focused on the O'Brien Gold Project, located in the Bousquet-Cadillac mining camp in Quebec. The project hosts the historic O'Brien Mine, which was the highest-grade producer in the region. - Flagship Project: O'Brien Gold Project (100% owned). - Stage: Exploration/Development (Post-PEA). - Current Resource: 582,000 oz Indicated (8.2 g/t) and 932,000 oz Inferred (4.4 g/t) as of the July 2025 update (based on pre-2023 drilling). - Strategy: Hub-and-spoke mining model utilizing existing regional milling infrastructure (specifically the Doyon mill) to minimize capital expenditure and environmental footprint.