Wednesday, December 17, 2008

Update by Radisson Mining Resources Regarding its Drill Program on THE O'BRIEN/KEWAGAMA GOLD PROJECT

Radisson Mining Resources is pleased to provide an exploration update on its 100% owned O'Brien/Kewagama Gold Project located near Cadillac, Quebec. The O'Brien-Kewagama Property contains the former O'Brien Mine, which was known for its high gold grades and was considered to be the most important gold producer in the Cadillac Mining Camp in Quebec when it was in operation from the early 1930s to the mid 1950s.

Infill Drill Program 36 East Zone

In late 2007, Radisson commenced an infill surface drill program on the 36 East Zone in an attempt to define, between surface and the 500 foot level, the resource blocks identified in the NI 43-101 Resource Report on the 36 East Zone prepared by Luke Evans, Scott Wilson Roscoe Postle Associates Inc., in 2007. The NI 43-101 Report estimated Indicated Resources on the 36 East Zone, using a 0.17 oz/ton gold cutoff grade, at 270,000 tons at an average uncut grade of 0.56 oz/ton and an average cut grade of 0.36 oz/ton, representing 97,200ounces of gold. The Inferred Resources are estimated at 182,000 tons at an average uncut grade of 0.37 per ton and an average cut grade of 0.29 oz/ton for a gold content of 53,700 ounces. [read more]

Source: Radisson Mining Resources Inc.

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