Video News/Xplor 2025

Radisson Mining Resources (TSXV: RDS; OTCQX: RMRDF) President and CEO Matt Manson says the company’s O’Brien Gold Project in Quebec’s Abitibi region continues to expand on multiple fronts following a strong Preliminary Economic Assessment and an oversubscribed C$25 million financing. The PEA outlines an after-tax NPV of roughly C$500 million, 48% internal rate of return, and 11-year mine life at US$2,550 gold. Manson said the financing, completed with a solid institutional book and no warrants or flow-through shares, fully funds a 140,000-meter drill program—Radisson’s largest ever. Recent step-outs have returned 13 of 15 holes with resource-grade intercepts, including 10.50 g/t gold over 6.5 meters, extending mineralization below the historic O’Brien Mine for the first time in 70 years. “It’s happy hunting time at Radisson Mining Resources right now,” Manson said.