Radisson Mining Presents 82% Increase in O'Brien Inferred Gold Resources
Bitget2026/11/02 11:35- Radisson Mining Resources is advancing a fully funded 140,000-meter drilling program at its O'Brien gold project in Québec.
- Agnico-Eagle invested C$ 57 million to support an advanced underground exploration program.
- The 2026 resource estimate increased inferred resources 82% to 1,690,000 ounces; indicated resources rose 8% to 630,000 ounces.
- The 2025 preliminary economic assessment estimated initial capital of C$ 175 million, assuming off-site milling at the nearby Doyon gold mill.
- At US$ 2,550 gold, the assessment projected an after-tax net present value of C$ 532 million and a 48% internal rate of return.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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