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Radisson Mining Resources ( (TSE:RDS) ) has issued an announcement.
Radisson Mining Resources Inc. announced the successful exercise of warrants, yielding gross proceeds of C$782,264.25, which strengthens its financial position. This financial boost supports their ongoing exploration at the O’Brien Gold Project, where significant high-grade gold intercepts have been reported, enhancing the project’s potential. The company is also collaborating with IAMGOLD Corporation to explore processing options at Doyon gold mill, which could influence future project development and regional mining strategies.
More about Radisson Mining Resources
Radisson Mining Resources Inc. is a gold exploration company focused on its 100% owned O’Brien Gold Project, situated in the Bousquet-Cadillac mining camp along the Larder-Lake-Cadillac Break in Abitibi, Québec. This region is notable for its historical gold production, with the O’Brien Mine being a former high-grade gold producer in Québec. The project holds significant mineral resources, with both indicated and inferred gold ounces.
YTD Price Performance: -4.29%
Average Trading Volume: 179,846
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$115.6M
For detailed information about RDS stock, go to TipRanks’ Stock Analysis page.
