Radisson Mining Resources Inc. (TSX VENTURE:RDS) is pleased to announce the
start of prospecting on its Lac Gouin SSO property, located about 65 km
southeast of Arianne Phosphate Inc.'s Lac a Paul deposit. The Lac Gouin SSO
property is located approximately 115 km north of Lac Saint-Jean, in the
province of Quebec, and is easily accessible by logging roads. 


The Lac Gouin SSO property lies in the Grenville Geological Province. It is
included in the Lac-Saint-Jean Anorthosite, which is the largest known
anorthosite complex in the world, covering about 20,000 square kilometres (MRNF
Geologie Quebec report: Laurin, AF, Sharma, KNM, 1975, RG161). In Quebec, the
Grenville Province contains phosphate resources associated with anorthosite
complexes, bedded igneous complexes and the carbonatites of alkaline complexes. 


No apatite is currently being mined in Quebec but two advanced projects to
produce phosphate rock for the global market are currently under study. They are
Arianne Phosphate Inc.'s Lac a Paul project, north of Lac St-Jean, with a
measured-indicated resource of 590 Mt @ 7.13% P2O5 at a cut-off grade of 4.0%
P2O5, (Reference: 43-101 Technical Report, GoldMinds Geoservices, March 2013),
and the Arnaud Mine project in Sept-Iles with a measured-indicated resource of
482 Mt @ 4.18% P2O5 at a general cut-off grade of 1.76% P2O5 (Reference:
Pre-Feasibility Study, SGS Canada, July 2013). 


The goal of this first phase of exploration work on Radisson's property is to
find, confirm and define the scope and nature of the mineralization of the
historical iron and apatite showing discovered by mapping by the Ministere des
Ressources naturelles du Quebec (MRNQ) in 1962.  


The showing will be sampled to analyze its phosphate (P2O5) content and the
presence of other potentially interesting elements. Reconnaissance work will
also be carried out over the entire property, along with sampling of the various
lithologies, to provide a better understanding of the geology of this highly
metamorphosed area, possibly discover other showings on the property, and
support better planning of future work.


According to MRNQ reports, the showing consists of a body of magnetite-rich
monzonite, in contact with anorthosite of the Lac-Saint-Jean Anorthosite
Complex, syenite and quartz syenite. It is oriented N000-010 and is 4.5 km long
by 0.4 to 1.2 km wide. The magnetite content can be up to 25% and apatite
content, 15%. (MNRF Geologie Quebec publication, Anderson, A., 1963, RP 504). 


Apatite is the most common phosphate mineral. It contains more than 41%
phosphorus pentoxide (P2O5), making it the main source of phosphate. Phosphorus
is one of three main components of mineral fertilizers. Phosphate (P2O5)
extracted from phosphate rock is used primarily (greater than 90%) to produce
agricultural fertilizer. 


There are several types of apatite deposits. Deposits associated with
sedimentary and igneous rocks (including anorthosite complexes) are the two main
types. In anorthosite complexes, apatite is frequently found with iron-titanium
mineralization. In Quebec, there are apatite deposits of this type in the
Lac-Saint-Jean, Labrieville and Havre-Saint-Pierre anorthosite complexes.


Yolande Bisson, Eng. MBA, acts as a Qualified Person for the Company and has
written or reviewed the contents of this release.


WEBSITE: 

For further information about Radisson Mining Resources and its projects, please
visit the Company's new website (www.radissonmining.com).


ABOUT RADISSON MINING RESOURCES: 


Radisson is a Quebec-based mineral exploration company. The adjoining O'Brien
and Kewagama properties, cut by the regional Cadillac Break, are Radisson's main
asset. They contain the O'Brien Mine, which is considered to have been the
highest grade gold producer of the Abitibi Greenstone Belt when it was in
production (1,310,356 short tons at 0.448 oz/t from 1925 to 1956; RPA, May
2007). The Company is focusing exploration efforts on Zone 36 East, located
approximately 2,000 feet (610 metres) east of the main shaft of the old O'Brien
mine. 


Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mario Bouchard
President and CEO
819-797-0606
mbouchard@radissonmining.com


Donald Lacasse, Eng.
Vice President, CFO and Secretary-Treasurer
819-797-0606
dlacassse@radissonmining.com
www.radissonmining.com

Radisson Mining Resources (TSXV:RDS)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024 Plus de graphiques de la Bourse Radisson Mining Resources
Radisson Mining Resources (TSXV:RDS)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024 Plus de graphiques de la Bourse Radisson Mining Resources