Radisson uncovers gold-bearing veins

Drill results from the O’Brien gold property in Quebec’s Cadillac Twp. are stimulating the exploration efforts of Radisson Mining Resources (RDS-M).

The junior is earning a half-interest in the past producer, situated 50 km east of Rouyn-Noranda, Que., in return for spending $3 million on exploration and issuing 500,000 shares to Breakwater Resources (BWR-T) by spring 1999.

The best grades encountered in the recent 750-metre drill program were 68.2 grams gold per tonne over 0.2 metre, and 6.86 grams over 2.33 metres. The two holes targeted gold mineralization directly associated with the northern side of the Larder Lake-Cadillac fault in the sedimentary rocks of the Cadillac Group.

The drilling is designed to follow-up the discovery, at a vertical depth of between 30 and 300 metres, of a stacking of five horizontal veins of smoky quartz containing free gold.