Radisson Mining Resources’ O’Brien Gold Project: A Deep-Strike into High-Grade Gold Wealth

The gold exploration sector is rarely this electrifying. Radisson Mining Resources (TSX:RAD) has just delivered a seismic breakthrough at its O’Brien Gold Project in Quebec, Canada—one that could redefine the project’s economic potential and cement its position as a top-tier high-grade gold explorer. The catalyst? A jaw-dropping 1,700-meter drill hole intercept grading 242 grams per tonne (g/t) gold over 1.0 meter, with an 8.0-meter average of 31.24 g/t Au, 500 meters below the historic mine’s limits. This is no ordinary discovery. It’s a vertical gold bonanza, proving the O’Brien system can deliver high-grade mineralization far deeper than previously imagined. Pair this with a strategic partnership to leverage existing mill infrastructure, and you’ve got a recipe for a low-cost, high-margin gold project primed for rapid growth.

Why the 1,700-Meter Intercept Matters: Unlocking the “Depth Divide”

The O’Brien Project has always been a high-grade marvel. During its operational years, it produced over 500,000 ounces of gold at an average grade exceeding 15 g/t Au, making it one of Quebec’s highest-grade producers. But until now, exploration had focused on the upper 600 meters of the deposit, where 75% of the current resources (0.95 million ounces Indicated + Inferred) reside. The OB-24-337 drill hole shatters this ceiling, extending mineralization 500 meters deeper than the historic mine’s limits—to a staggering 1,500-meter vertical depth.

This is no fluke. The intercept aligns perfectly with O’Brien’s geological model, where gold-rich quartz-sulphide veins within the Piché Group rocks are hosted along the Larder-Lake-Cadillac Fault Zone—a structure synonymous with world-class gold deposits. The presence of visible gold in the core samples underscores the system’s robustness, while the broader 8.0-meter interval of 31.24 g/t Au suggests a repeating high-grade shoot pattern. With this success, Radisson is now poised to redefine the project’s depth limits, potentially adding hundreds of thousands of ounces to its resources through 2025’s 22,000-meter drill program.

The Game-Changer: Leveraging IAMGOLD’s Doyon Mill

High-grade gold is only half the battle—processing costs can make or break a project. Here’s where Radisson’s strategic MOU with IAMGOLD Corporation shines. The Doyon mill, located just 21 km west of O’Brien, is no ordinary facility. It’s a fully operational gold mill with capacity to process 500,000 tonnes per year, and it’s already connected to infrastructure (power, roads, and water) that Radisson could tap into.

Metallurgical studies confirm gold recoveries of 86–96% using existing Doyon infrastructure, with minimal modifications. This means O’Brien’s ore could be processed at a fraction of the cost of building a standalone mill. The Preliminary Economic Assessment (PEA)—now underway—will quantify these synergies. Imagine a project with no tailings facility needed, no need to build roads, and no costly energy infrastructure. This is the hub-and-spoke model at its finest, slashing capital expenditures and environmental footprints.

2025: The Year of Catalysts

Radisson isn’t just dreaming—it’s executing. The $6.8 million fully funded 2025 budget is laser-focused on three high-impact areas:
1. Drilling: Extending mineralization to 2,000 meters depth via directional drilling from pilot holes like OB-24-337.
2. Surface Exploration: Tracing the “Jewellery Box” zone (with intercepts up to 1,345 g/t Au) to the surface through trenching, potentially creating an early high-grade starter pit.
3. PEA Completion: Finalizing the economic case for a low-footprint, Doyon-linked operation.

By year-end, investors can expect updated resource estimates incorporating the deep drilling results and PEA results showcasing the project’s economics. With a low all-in sustaining cost profile (thanks to Doyon’s proximity) and a high-grade, long-life asset, O’Brien could emerge as a top-tier development project.

The Investment Case: Why Act Now?

The pieces are falling into place. O’Brien’s vertical resource expansion and strategic infrastructure access create a rare combination of low risk (proven geology) and high reward (low-cost processing). Here’s why you shouldn’t wait:
- Valuation Discount: At current share price levels, Radisson trades at a significant discount to its peer group, with upside potential as catalysts unfold.
- Catalyst Density: The PEA and resource update timelines (H2 2025) create clear near-term triggers for revaluation.
- Gold’s Bull Run: With gold prices near $2,300/oz and geopolitical risks fueling demand, high-grade gold explorers like Radisson are prime beneficiaries.

Final Take: A Gold Rush Waiting to Happen

Radisson’s O’Brien Project is no longer just a high-grade gold story—it’s a blueprint for efficiency. By unlocking depth potential and piggybacking on existing infrastructure, Radisson is positioning itself to deliver a gold project with industry-leading margins and minimal environmental impact. With a fully funded 2025 plan and imminent catalysts, this is a buy now, reap later opportunity.

The question isn’t whether O’Brien will succeed—it’s how much undiscovered value lies in those 1,700-meter depths. For investors seeking exposure to a next-generation gold asset, the time to act is now. The drill bit is turning, and the rewards are about to surface.

Investors: Set your sights on the depths—Radisson’s gold bonanza is just getting started.