07:42 AM EDT, 10/30/2024 (MT Newswires) -- Radisson Mining Resources (RDS.V) reported Wednesday results from 10 diamond drill holes at its O'Brien gold project in Quebec.

Results from the company's ongoing 35,000-meter drill program include 16.2 grams per tonne (g/t) gold over 5.4 meters, 12.1 g/t gold over 4.4 meters and 62.0 g/t gold over 1.0 meter.

"Today's drill results continue to demonstrate the type of narrow high-grade intercepts within broader mineralized envelopes that are so characteristic of the O'Brien gold project," President and CEO Matt Manson said. "The drill holes reported today represent a balance between shallower targets within the existing mineral resource model, and deeper step-outs geared to new discovery."

The company said three rigs are active at the project, with one rig committed to drilling directly beneath the historic O'Brien mine for the first time in the project's history.

Radisson's share price fell 3.5% yesterday to $0.28 on the TSXV.