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Radisson Mining
Crux Investor Index
7
–
Market Cap (USD)
279455761
Symbol
TSXV:RDS
OTCQB:RMRDF
Stage of development
Exploration
Primary COMMODITY
Gold
Additional commodities
No items found.
Company Overview
Radisson Mining Resources Inc. is a Canadian-based exploration and development company advancing the historic O'Brien Gold Project in Quebec's prolific Abitibi greenstone belt. With a substantial mineral resource base of 582,000 ounces of gold in the Indicated category (2.2 million tonnes at 8.2 g/t Au) and 932,000 ounces in the Inferred category (6.7 million tonnes at 4.4 g/t Au), the O'Brien project represents a high-grade, near-term development opportunity in a Tier-1 mining jurisdiction.
Formerly a producing mine from 1926 to 1957, O'Brien benefits from extensive historical data and established infrastructure, giving the company a significant advantage in terms of capital efficiency and geological understanding. Radisson is currently advancing its flagship project through a July 2025 Preliminary Economic Assessment, with plans for construction to begin following permitting and additional engineering studies. The company's vision is to establish a low-cost, sustainable mining operation with a focus on environmental stewardship, targeting development through an innovative off-site milling strategy that minimizes environmental footprint.
Radisson Mining is listed on the TSX Venture Exchange (TSXV: RDS) and OTCQX (RMRDF), and is backed by a strong management team with proven mine-building experience from projects including Detour Lake, Young Davidson, and Marathon Gold's Valentine project.
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Opportunity
Radisson Mining offers a compelling investment opportunity with its advanced-stage O'Brien Gold Project, which is one of the highest-grade undeveloped gold projects in North America. The project boasts an 11-year mine life with an average annual production of 70,000 ounces of gold and peak steady-state production of approximately 90,000 ounces. The PEA highlights a post-tax NPV of C$532 million and an IRR of 48% at US$2,550/oz gold, underpinned by robust project economics and extremely efficient capital allocation.
With an estimated all-in sustaining cost (AISC) of US$1,059 per ounce, Radisson stands out for its cost efficiency and high margins, ranking among the most attractive gold development projects in Canada. The company's innovative off-site milling strategy at the nearby Doyon Mill further reduces capital intensity by eliminating the need for on-site processing facilities and tailings management, giving Radisson a significant competitive edge over peers requiring greenfield infrastructure.
In addition to its economic potential, Radisson is strategically located in Quebec, a top-tier mining jurisdiction with strong governmental support for mineral development. The company's commitment to environmental and social responsibility, combined with active community consultation, positions it as a responsible mining operator. As global demand for high-grade gold deposits continues to rise, Radisson Mining is poised to deliver near-term value to its investors, offering significant leverage to rising commodity prices and a de-risked path to production.
Summary
Management Team
Radisson Mining Resources Inc. is led by a seasoned management team with deep expertise across mining, project development, and corporate finance. At the helm is President and CEO Matt Manson, a mining engineer with 30 years of experience who led development of Marathon Gold's Valentine Gold Project and Stornoway Diamonds' Renard Project, earning Northern Miner's Mining Person of the Year award in 2017.
The company's financial strategy is guided by CFO Hubert Parent-Bouchard, who brings 12 years of accounting and finance experience in the mining sector and serves as Treasurer Director of the CIM Rouyn-Noranda branch. Technical operations are overseen by VP Exploration Dave Ross, whose 25-year career includes senior roles at Calibre Mining, Marathon Gold, and Teranga Resources, ensuring effective resource estimation and exploration execution. The Board of Directors includes Chairperson Pierre Beaudoin, former COO of SilverCrest Metals and Detour Gold, and Directors with extensive backgrounds from Barrick Gold, Alamos Gold, IAMGOLD, and Ernst & Young.
This executive team is complemented by a Board comprising industry veterans with extensive mining, finance, and sustainability expertise, positioning Radisson strongly for achieving its strategic objectives while maintaining strong community relationships and stakeholder engagement in the Abitibi region.
Growth Strategy
Radisson Mining Resources is executing a comprehensive growth plan focused on advancing its flagship O'Brien Gold Project to production while emphasizing operational excellence and exploration upside. The company is moving through critical engineering and permitting stages, targeting construction following completion of environmental baseline studies and community consultations. This development timeline supports an 11-year initial mine life, establishing O'Brien as a significant long-term gold operation in the Cadillac-Bousquet district.
Exploration expansion is central to Radisson's strategy, with a fully funded 140,000-meter drill program testing the project's potential to 2km depth. Recent drilling has intersected high-grade mineralization 500 meters below the historic mine, validating the geological model and demonstrating significant resource growth potential. The company continues aggressive exploration to expand its resource base beyond the current 1.5 million ounce resource and extend production potential.
A key advantage in Radisson's growth plan is its access to existing infrastructure and the Doyon Mill processing option, which significantly reduces capital requirements and improves the project's financial outlook. The company remains open to strategic partnerships and continues conversations with potential processing partners to maximize project value while managing financial risk. Through this strategic approach, combining responsible development, infrastructure advantages, and ongoing exploration success, Radisson Mining is positioning itself to become a leading Quebec gold producer while delivering sustainable shareholder value.
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Financial Overview
As of December 2025, Radisson Mining Resources Inc. is well-positioned financially, with a strong asset base and a strategic focus on advancing its flagship O'Brien Gold Project. The company benefits from significant existing infrastructure access and a low-capital development approach, with initial capital costs estimated at C$175 million and sustaining capital of C$173 million over the life of the mine.
The O'Brien Gold Project is projected to deliver robust financial returns with a post-tax net present value (NPV) of C$532 million at a 5% discount rate and an internal rate of return (IRR) of 48% at US$2,550/oz gold. The project is expected to generate average annual free cash flow of C$97 million during steady-state production years 2-8, with a payback period of just 2.0 years, demonstrating exceptional capital efficiency.
Radisson maintains a strong balance sheet with C$35 million in cash and no debt as of October 2025, providing sufficient funding for its ongoing 140,000-meter drill program and development activities. With a market capitalization of C$355 million and strong institutional and insider ownership, the company is well-positioned to secure necessary project financing through a mix of equity, debt, and potential strategic partnerships. The favorable economic outlook, low capital intensity, and high-margin production profile position Radisson to advance its O'Brien project toward production while creating long-term value for investors.
Risk Factors and Mitigation
Radisson Mining actively manages significant challenges in developing its mining project. The project's financial success depends on gold prices, but its demonstrated low operational costs of US$1,059 per ounce AISC and high-grade nature provide substantial protection against market fluctuations. The PEA shows exceptional returns even at conservative gold price assumptions, with NPV5 increasing to C$1.188 billion at US$4,000/oz gold, demonstrating significant leverage to commodity price upside.
While securing government permits is crucial, Radisson has already initiated environmental baseline data collection and community consultation processes, positioning itself for future environmental assessment and permitting. The company benefits from Quebec's supportive mining jurisdiction and established relationships with local stakeholders. The project requires substantial funding, but Radisson has positioned itself well with C$35 million cash, no debt, and an extremely efficient capital allocation strategy that delivers a 3.0x NPV-to-capex ratio.
To manage operational challenges like cost overruns and technical issues, Radisson has engaged independent Qualified Persons from reputable firms including SLR Consulting, Ausenco, Innov-Explo, and BBA to oversee technical reporting, metallurgy, mine design, and environmental studies. The company's commitment to environmental responsibility is demonstrated through its off-site milling strategy that minimizes environmental impact, while active collaboration with local communities ensures their perspectives are integrated into project plans. Through this comprehensive approach to risk management, Radisson Mining maintains a strong position to achieve its growth objectives.
Conclusion
Radisson Mining Resources Inc. is positioned to become a significant player in the Quebec mining industry, with its flagship O'Brien Gold Project offering one of the highest-grade, lowest-capital development opportunities in North America. With an 11-year initial mine life, exceptional high-grade resources, and a commitment to responsible mining practices, Radisson offers a unique investment opportunity in a top-tier jurisdiction.
The company's strong management team with proven mine-building experience, capital-efficient strategy leveraging off-site processing infrastructure, and dedication to environmental and social standards position it for near-term success. As Radisson advances through key project milestones—from ongoing exploration and engineering studies to permitting and eventual production—the company is well-positioned to deliver robust returns, benefiting from favorable commodity prices and growing global demand for high-quality gold deposits.
For investors seeking exposure to a high-grade, de-risked mining project with significant exploration upside and exceptional capital efficiency, Radisson Mining Resources presents an attractive opportunity. The company's disciplined approach to development, backed by strong technical expertise and community partnership, ensures that Radisson is not only a compelling investment today but a responsible operator for the future.
















