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Last C$0.14 CAD
Change Today 0.00 / 0.00%
Volume 31.0K
RDS On Other Exchanges
As of 12:35 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

radisson mining resources (RDS) Snapshot

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radisson mining resources (RDS) Details

Radisson Mining Resources Inc., a junior mining company, acquires, explores, and develops mining properties in Canada. It primarily explores for gold and phosphate deposits. The company has a portfolio of five properties covering an area of 10,795.89 hectares in Quebec. Its principal property is the O’Brien project, which consists of three zones, such as Old O’Brien, Zone 36 East, and Kewagama covering 728.96 hectares in the western part of Cadillac Township, Quebec. The company is headquartered in Rouyn-Noranda, Canada.

radisson mining resources (RDS) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: --
Chief Financial Officer, Vice President, Trea...
Total Annual Compensation: C$54.4K
Compensation as of Fiscal Year 2014.

radisson mining resources (RDS) Key Developments

Radisson Mining Resources Inc. Auditor Raises 'Going Concern' Doubt

Radisson Mining Resources Inc. filed its Annual on Apr 29, 2015 for the period ending Dec 31, 2014. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Radisson Mining Resources Inc. Announces Completion of Mineral Resources Estimate Update

Radisson Mining Resources Inc. announced the completion of a mineral resources estimate update for its wholly owned O'Brien gold project. The estimate was prepared in accordance with National Instrument 43-101 (NI 43-101) by independent firm InnovExplo. The main points compared to the last update done in October 2013 are highlighted below. 13% increase of the indicated resources, for a total of 119,819 ounces Au; 181% increase of the inferred resources, for a total of 188,466 ounces Au; The Kewagama area was incorporated to the current mineral resources estimate; The current resources estimate includes the 36E and Kewagama areas; Potential for resources expansion laterally and at depth. More than 41,000 metres of drilling conducted on the Kewagama area were compiled and incorporated to the current mineral resources estimate. In this regard, Radisson will begin data compilation and interpretation of the Old O'Brien area, home of 110,786 historic gold ounces. These "resources" are historical in nature and should not be relied upon. It is unlikely they conform to current NI 43-101 criteria or to CIM Standards and Definitions, and they have not been verified to determine their relevance or reliability. They are included in this section for illustrative purposes only and should not be disclosed out of context. The purpose of the future work, for this additional area, will be to complete a mineral resources estimate in compliance with National Instrument 43-101. The company’s team is with the O'Brien project 3D block model delivered by InnovExplo. The 3D model will be useful to identify many exploration targets in order to expand the resources with additional drilling. The 4.5km project is located in the heart of the Bousquet-Cadillac mining camp along the world renowned Larder-Lake-Cadillac Fault. Current mineral estimate of both the 36E and Kewagama areas will be integrated into the PEA that will be completed by InnovExplo.

Radisson Mining Resources Inc., Annual General Meeting, Jun 05, 2015

Radisson Mining Resources Inc., Annual General Meeting, Jun 05, 2015., at 10:00 Eastern Daylight. Location: Best Western/Albert Centre-Ville. Agenda: To receive management's discussion and analysis, the report to the shareholders on behalf of the board of directors, the audited financial statements for the financial year ended December 31, 2014, and the auditors' report on such financial statements; to elect directors; to appoint auditors and authorize the directors to fix the auditors' remuneration; to confirm and ratify the shareholder protection rights plan that came into force on February 2, 2009; and to ratify the repeal of Section 4.03 of By-law No. 6 of the company and replace it by a new section so that all directors of the company's board of directors are individually elected annually.


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