Mining Stock Daily Radisson Mining on New Drill Results from O'Brien
Sep 16, 2025
Matt Manson, CEO of Radisson Mining, discusses exciting new drill results from the O'Brien Gold Project, revealing that 13 out of 15 holes showed significant mineralization. He shares insights on cost-effective deep directional drilling strategies and the plan for further exploration aimed at a target of three to four million ounces of gold. Manson also highlights the optimistic mood at a recent mining conference, with rising gold prices potentially transforming junior mining valuations. He emphasizes the importance of thorough research for potential investors.
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Deep Step-Outs Show Project Expansion
- Radisson's deep step-out drilling is routinely returning resource-quality intersections below the known model.
- The results telegraph that the O'Brien system is expanding at depth and laterally beyond the current resource.
Prioritize Directional Drilling Over Reopening Workings
- Continue deep directional drilling rather than reopening old underground workings to test depth economically.
- Directional rigs and pilot holes let Radisson test to ~2 km for a fraction of the cost of dewatering and reentering the old mine.
Large, Phased 50k–60k Metre Campaign
- The program plans 50,000–60,000 metres and is only a fifth to a quarter complete, with four rigs active today.
- Radisson can scale rigs but is deliberately pacing to systematically test pilot holes and directional wedges.