Significant Drill Results From the O'Brien/Kewagama Project
Published : June 01, 2011
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Keywords :   Gold | Gold Mine | Market |

ROUYN-NORANDA, QUEBEC--(Marketwire - June 1, 2011) - Radisson Mining Resources Inc. (News - Market indicators) is pleased to announce initial results from the first five holes of a 10 hole exploration drill program on its O'Brien-Kewagama project.

Highlights include the discovery of high-grade as well as near surface gold mineralization.

Among the best results we note:

  • 32.3 G/T GOLD OVER 7.3M INCLUDING 147.8 G/T OVER 1.5M IN HOLE #3

  • 12.85 G/T GOLD OVER 2.25M IN HOLE #2

  • 5.25 G/T GOLD OVER 1.8M IN HOLE #2

  • 2.9 G/T GOLD OVER 4.3M IN HOLE #4

DRILL RESULTS FROM THE FIRST FIVE HOLES ARE AS FOLLOWS:

HOLE
No
LOCATION FROM
(m)
TO
(m)
INTERVAL
(m)
  GRADE
g/t Gold
RM 11-01 6+25 E 71.40 73.3 1.9   12.46
  Incl. 71.40 72.4 1.0   19.46
    283.6 284.5 0.9   8.10
RM 11-02 3+00 E 35.6 36.5 0.9   4.33
    124.3 126.55 2.25   12.55 (uncut)
  Incl. 126.15 126.55 0.4   67.74
    172.7 177 4.3   2.9
RM 11-03 1+80 E 194.5 198 3.5   1.35
    205 212.3 7.3   32.3 (uncut)
  Incl. 205 206.5 1.5   147.85
RM 11-04 0+00 46.6 48.1 1.5   1.49
    151 152.2 1.2   1.98
    188 189.8 1.8   5.25
    201.3 204 2.7   2.35
    285 286.1 1.1   1.75
RM 11-05 8+20 E 257 258 1.0   2.95
    271.3 271.6 0.3   69.71

Assaying was carried out by Techni-Lab SGB Abitibi and was performed using fire assay with an atomic absorption finish. Metallic sieve was used on re assays of high grade.

The initial holes were drilled over a strike length of 820 meters to test for shallow gold mineralization. Gold was discovered in the volcanic and porphyry rocks of the Cadillac Break and in quartz vein structures in the sediments. All holes were drilled to the north to cross the Cadillac Break.

The wholly owned O'Brien-Kewagama project is located in the Malartic/Cadillac mining camp and consists of 36 claims (729 hectares) . The prolific Cadillac Break traverses the entire center of the property over a length of some 3 kilometers. The property is located on strike approximately 5000 meters west of the LAPA GOLD MINE (Agnico-Eagle) and approximately 4000 meters south east of Agnico's Laronde Mine.

The past producing O'Brien Gold Mine, located on the western portion of the property produced over 590 000 ounces of gold (grade of 15.2 g/t) from 1933-1956 and reached a depth of 3450 feet.

Previous exploration by Radisson resulted in the discovery of 218540 ounces of gold (NI 43-101, Scott-Wilson, Roscoe Postle report 2007) from zone 36, located in the approximate center of the property.

The present drilling was carried out on the eastern portion of the project.

Further results will be released as available.

Eugene Gauthier Ing. (OIQ) acts as the qualified person for the company and has reviewed the contents of this release.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Michel David, B.Sc.
President and Chief Executive Officer
(819) 797-0606
mdavid@radissonmining.com
or
Donald Lacasse, Eng.
Vice President, CFO and Secretary-Treasurer
(819) 797-0606
dlacassse@radissonmining.com
www.radissonmining.com

Radisson Mining Resources Inc

EXPLORATION STAGE
CODE : RDS.V
ISIN : CA76125W5054
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Radisson Mining is a gold and copper development stage company based in Canada.

Radisson Mining holds various exploration projects in Canada.

Its main exploration properties are KEWAGAMA, POTRACK, RM NICKEL PROJECT, DRYDEN, DOUAY, O'BRIEN, LAC GIGNAC, ESTRADES and MASSICOTTE in Canada.

Radisson Mining is listed in Canada. Its market capitalisation is CA$ 20.4 millions as of today (US$ 14.8 millions, € 13.9 millions).

Its stock quote reached its highest recent level on December 29, 2004 at CA$ 0.89, and its lowest recent point on December 24, 2008 at CA$ 0.02.

Radisson Mining has 107 290 000 shares outstanding.

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