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radisson mining resources (RDS) Details

Radisson Mining Resources Inc., an exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. It has a portfolio of three properties covering an area of 2,750.18 hectares. The company’s primary project is the O’Brien gold project that includes Old O’Brien, 36 East, Vintage, and Kewagama zones consisting of 21 claims covering a total area of 637.10 hectares located in the central part of Cadillac Township, Abitibi, northwestern Quebec. Radisson Mining Resources Inc. is headquartered in Rouyn-Noranda, Canada.

radisson mining resources (RDS) Top Compensated Officers

President, CEO & Director
Total Annual Compensation: C$115.0K
Chairman of the Board & Chief Financial Opera...
Total Annual Compensation: --
Corporate Secretary
Total Annual Compensation: C$16.4K
Compensation as of Fiscal Year 2018.
radisson mining resources
Radisson Mining Resources Inc. Appoints Michael Gentile as Strategic Advisor

Radisson Mining Resources Inc. announced it has appointed Michael Gentile, CFA Strategic Advisor. Mr. Gentile and Radisson will work collaboratively and strategically to optimize value creation for the company's shareholders through the exploration and development of the High-grade O'Brien Gold project, located along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Quebec. From 2003 to 2018 he worked as professional money manager at Formula Growth Ltd. an independent investment management firm established in Montreal in 1960 with a long-term track record of creating investor wealth.

Radisson Mining Resources Inc. Reports Earnings Results for the Full Year Ended December 31, 2018

Radisson Mining Resources Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was CAD 18,103 compared to CAD 32,814 a year ago. Net loss was CAD 650,302 compared to net income of CAD 2.059 million a year ago. Basic loss per share from continuing operations was CAD 0.005 compared to basic earnings per share from continuing operations of CAD 0.018 a year ago. Diluted loss per share from continuing operations was CAD 0.0051 compared to diluted earnings per share from continuing operations of CAD 0.0184 a year ago.

Radisson Mining Resources Inc. Announces the Start of New Resource Estimate Based on Geological Reinterpretation Completed at the O'Brien Gold Project

Radisson Mining Resources Inc. announce that Kenneth Williamson 3DGeo-Solution has been retained to prepare a resource estimate update on the Company's O'Brien Gold Project, along the Larder-Lake-Cadillac Break halfway between Rouyn-Noranda and Val-d'Or in Quebec, Canada. Kenneth Williamson, M.Sc., P.Geo is a geologist consultant with over 15 years of expertise in the industry, specializing in structural geology interpretation, 3D litho-structural modeling and mineral resource estimation and he was responsible for the geological model review completed at O'Brien in recent months. The updated mineral resource estimate is expected in May 2019 and will be based on O'Brien's recent geological reinterpretation completed in the last months, which highlights a strong compatibility with the historic data and geometry of the Old O'Brien mine. 16,201 metres of new drilling will be included in the updated mineral resource estimate. The F Zone area, located west of current resources will now be included in the updated mineral resource estimate. In the current resource area, the vertical extension of the known ore shoots was defined by drilling to a depth of 550 metres. In comparison, the Old O'Brien mine, which delivered 587,121 oz at a head grade of 15.25 g/t Au1 reached a depth of 1,100 metres and remains untested. 43-101 Technical report for the O'Brien project, Abitibi, Québec, InnovExplo, March 20, 2018. The new structural interpretation is based on current and historic drill holes and highlights a strong compatibility with the historic data and geometry of the Old O'Brien mine, where 90% of gold production came from the crossing of a conjugated veins system (Sauvé et Trudel, 1989). Three preferential mineralized orientations are observed; EAST-NORTH-EAST, EAST-SOUTH-EAST and EAST-WEST. Steep eastward plunging gold enrichment vectors are identified on F, 36E, Kewagama and Vintage zones. These vectors occur at the intersection of the conjugated ENE and ESE quartz veins and locally, along the axes of asymmetrically folded quartz veins. In the current resource area, the vertical extension of the known ore shoots was defined by drilling to a depth of 550 metres. In comparison, the Old O'Brien mine production reached a depth of 1,100 metres and remains untested.

 

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