+60,000m of Drilling for Gold in the Abitibi | Radisson Mining CEO Interview

Radisson Mining’s Ambitious Exploration: Over 60,000 Meters of Drilling in Abitibi — Insights from CEO Matt Manson

In a recent interview hosted by Resource Talks, Radisson Mining CEO Matt Manson provided an in-depth update on the company's ongoing exploration efforts in the Abitibi region of Quebec, a prolific gold-producing area with a rich geological history. Central to the discussion was Radisson’s plan to deploy over 60,000 meters of drilling, a significant commitment aimed at unlocking the potential of its mineral assets and advancing its strategic objectives.

**A Focused Strategy in a Historic Gold Belt**

The Abitibi Greenstone Belt has long been recognized as one of the world's most promising regions for gold exploration. Radisson Mining’s focus within this area underscores its commitment to tapping into this geological treasure trove. The company's recent financing, totaling approximately $12 million—an increase from initial estimates—reflects a strategic move to fund extensive exploration activities, including a substantial drilling campaign.

Manson explained that the decision to raise more capital than initially planned was driven by the company's confidence in its geological prospects and the desire to accelerate exploration timelines. While insiders participated in the financing, the company emphasized that it maintains an open approach to future fundraising, including potential additional capital raises, to ensure flexibility and sustained exploration momentum.

**Drilling Depths and Expectations**

One of the key highlights of the interview was the planned drilling depth. Radisson intends to focus a significant portion of its drilling program below 1,000 meters, targeting deep mineralized zones that could host high-grade gold deposits. The company’s geological team expects this extensive drilling to generate important assay results, with initial assay releases anticipated in the near future.

The company’s strategic focus isn’t solely on depth; surface and near-surface exploration are also part of the broader plan. Manson clarified that while East O'Brien remains a priority, the current campaign aims to de-risk and expand known mineralization zones across the property. This comprehensive approach aims to build a robust mineral resource base that could underpin future development decisions.

**Financial Allocation and Future Plans**

Regarding expenditure, Radisson plans to allocate the bulk of its funds toward drilling activities, with a smaller portion dedicated to general and administrative costs. The company is also considering increased marketing efforts to raise awareness among investors and stakeholders, although no specific timelines were provided.

An essential aspect of the company's strategy involves updating mineral resource estimates (MREs). Manson indicated that Radisson is preparing to release an updated MRE, which will incorporate recent drilling results and provide a clearer picture of the deposit’s potential.

**Market Perception and Next Steps**

Throughout the interview, Manson addressed questions about the company’s valuation, noting that Radisson’s stock price does not fully reflect its exploration activities or resource potential. He emphasized that exploration success depends on multiple factors, including assay results and market conditions, and cautioned investors about the inherent risks in the mining space.

The company’s near-term milestones include the release of assay results, further drilling campaigns, and potential updates to resource estimates. The overarching goal remains to advance Radisson’s projects toward development, ultimately creating shareholder value.

**Conclusion**

Radisson Mining’s aggressive exploration approach, underscored by over 60,000 meters of drilling, positions it as a noteworthy player in the Abitibi region. While the potential for high-grade gold deposits exists, investors are reminded of the inherent risks in mineral exploration, including the possibility of no economic mineralization being identified. As always, thorough due diligence and independent research are essential before engaging with any resource company.

This interview with CEO Matt Manson offers valuable insights into Radisson’s strategic priorities, exploration plans, and financial outlook, marking an important chapter in its ongoing quest to unlock Abitibi’s gold potential.