Quebec’s O’Brien Gold Project is beginning to look very different from the small high-grade deposit it was once thought to be. Radisson Mining Resources (TSXV:RDS), which owns the asset, is drilling deeper and hitting results that point to a much larger opportunity in the Abitibi region.
“We’re breaking this thing wide open as we speak with this drilling showing potential for three, four, five million ounces of resource,” said Director Michael Gentile. He pointed to results from deep drilling beneath the old O’Brien mine, including a standout intercept of “90 grams over close to four meters” at 1,500 metres. Gentile added that the first nine holes “went nine for nine. Every single hole hit gold. Every single hole hit visible gold.”
Mineralization at O’Brien is highly consistent, according to Gentile, supported by strong geological predictability. Across the broader campaign, more than 90 percent of holes drilled have intersected gold, reinforcing the project’s continuity.
In July 2025, the company’s Preliminary Economic Assessment outlined an 11-year mine producing around 70,000 ounces of gold annually at an all-in sustaining cost of US$1,059 per ounce. “At $3,300 gold, the IRR goes to 74%,” Gentile said, pointing to a one-year payback at current prices. Instead of building a new facility, Radisson plans to use nearby mill capacity, aiming to keep capital costs low while reducing development risk.
Backed by $16 million in cash, the company has launched a 60,000-meter drill program targeting deeper zones and extensions along strike.
Gentile spoke on the project’s setting in Quebec’s Abitibi camp and how this adds to its appeal. “When you have excess mill capacity in a region and you have the highest grade ore in the region, that puts you in a very strategic and valuable position.”
The broader gold market is also providing a tailwind, with prices holding above US$3,300 an ounce heading into the Federal Reserve’s Jackson Hole symposium, while HSBC recently lifted its 2025 forecast to an average of US$3,215 on strong investor demand and persistent geopolitical risk.
With consistent high-grade hits, competitive economics, and a prime location in one of Canada’s most prolific gold belts, O’Brien is increasingly seen as a growth story to watch.
For Gentile’s full breakdown of the drill results, project economics, and strategy, watch the complete interview in the video above.
gold, gold mining, Quebec gold, Abitibi gold belt, O’Brien gold project, Radisson Mining Resources, Michael Gentile, Paul Harris, Kitco News, Kitco Mining, gold exploration, high grade gold drilling, junior gold miners, mining investment, PEA study
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