Mining
Resources

RDS Gold runs in our veins

snapshot

Radisson generates value for its shareholder through the acquisition, exploration and development of mining project in a sustainable manner.

To realize its mission Radisson is pursuing the advanced exploration of zone 36E and Kewagama areas of the O’Brien project.

The O’Brien project, cut by the regional Larder-Lake-Cadillac Fault, is Radisson’s main asset. The former O’Brien Mine, is considered to have been the Abitibi Greenstone Belt’s highest-grade gold producer during its production (1,197,147 metric tons at 15.25 g/t Au for 587,121 ounces of gold from 1926 to 1957; InnovExplo, March 2018).

Location

Radisson’s head office is located in Rouyn-Noranda, 650 km North West of Montreal, Quebec. In 2017, the Fraser Institute ranked the jurisdiction of Quebec in sixth place worldwide for its attractiveness for mining investment.

The O’Brien project is located half way between Rouyn-Noranda and Val-d’Or along the world-renowned Larder-Lake-Cadillac fault. The area is renowned for its world-class mining infrastructure, working pool and the mining knowledge the local contractors have built in the past. 

2018 O'Brien Project Mineral resource Estimate - March 2018

 Indicated Inferred
Zones Cut-off
g/t Au
Tonnes Grade
g/t Au
Ounces Zones Cut-off
g/t Au
Tonnes Grade
g/t Au
 Ounces
 
All Zones
 2.50 1,800,104
5.14
297,466
 
  All Zones
2.50 2,054,524
4.22
278,644 
 3.00 1,409,734
5.81 263,108
3.00 1,519,190
4.74
231,612 
 3.50
1,125,447
6.45 233,491
3.50 1,157,021
5.22
194,084 
 4.00 910,885
7.09
207,696
4.00 830,615
5.80
154,833 
 4.50 751,753
7.70
186,019
4.50 538,938
6.65
115,833 
 5.00 624,734
8.30
166,671
5.00 416,123
7.21
95,508 
Notes to Accompany Mineral Resource Table:
1. The independent qualified person for the 2018 MRE, as defined by NI 43 101, is Christine Beausoleil, P. Geo, of InnovExplo Inc. The effective date of the estimate is March 20, 2018.
2. The Mineral Resources are classified as Indicated and Inferred Mineral Resources and are based on the 2014 CIM Definition Standards.
3. These Mineral Resources are not Mineral Reserves, as they do not have demonstrated economic viability.
4. Results are presented in-situ and undiluted.
5. Sensitivity was assessed using cut-off grades from 2.5 g/t Au to 5.0 g/t Au. The official in-situ resource is reported at a cut-off grade of 3.5 g/t Au. Cut-off grades must be re-evaluated in light of prevailing market conditions (gold price, exchange rate and mining cost).
6. A top cut of 30 g/t gold (5.0 g/t gold for the dilution envelope) was applied to assay grades prior to compositing grades for interpolation into model blocks using an inverse distance squared (ID2) method and was based on 0.75 m composites within a block model made of 3 m long x 3 m wide x 3 m high blocks.
7. Density data (g/cm3) was established at 2.75 g/cm3.
8. A minimum true thickness of 1.5 m was applied, using the grade of the adjacent material when assayed or a value of zero when not assayed for 17 different mineralised zones.
9. The number of metric tons and ounces was rounded to the nearest hundred. Any discrepancies in the totals are due to rounding effects; rounding followed the recommendations in Form 43 101F1. 10. InnovExplo is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, marketing or other relevant issues that could materially affect the mineral resource estimate.