An experienced mine builder has taken the reins at Radisson Mining Resources.
This spring Matt Mason became president and CEO of Radisson. Last week Manson spoke to Kitco Mining.
Radisson Mining Resources (TSX-V:RDS) is advancing the former O'Brien Mine, the richest mine by grade in Quebec. From 1926 to 1957, the mine produced over 580,000 ounces of gold. Radisson is well capitalized with a $6.5 million cash position.
The former O'Brien Mine is situated on the Abitibi greenstone belt, straddling the border between Ontario and Quebec in eastern Canada. The belt hosts over 100 million gold ounces. Nearby is Red Lake Mine, which produced 6.5 million ounces, Macassa Mine, which produced 6.5 million ounces and Doyon Mine, which produced 5.3 million ounces.
Manson has a 30-year career in mining. He led the exploration, development and construction of the Valentine Gold Project at Marathon Gold before the company was acquired by Calibre Mining, a transaction with equity value consideration totaling C$345 million.
Manson said he decided to head Radisson due to his confidence in the project. He liked the grades, infrastructure and potential for growth.
"I'll say this with confidence, because it's why I joined this company: these ounces are going to end up in somebody's mill," said Manson. "Whether that's a Radisson mill or somebody else's mill, it's going to happen."
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