Radisson Mining Presents 82% Increase in O'Brien Inferred Gold Resources
Bitget2026/11/02 11:35- Radisson Mining Resources is advancing a fully funded 140,000-meter drilling program at its O'Brien gold project in Québec.
- Agnico-Eagle invested C$ 57 million to support an advanced underground exploration program.
- The 2026 resource estimate increased inferred resources 82% to 1,690,000 ounces; indicated resources rose 8% to 630,000 ounces.
- The 2025 preliminary economic assessment estimated initial capital of C$ 175 million, assuming off-site milling at the nearby Doyon gold mill.
- At US$ 2,550 gold, the assessment projected an after-tax net present value of C$ 532 million and a 48% internal rate of return.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jensen Huang's influence surpasses that of Nvidia— and that's exactly the problem
Jensen Huang has been the key driving force behind the massive expansion of AI infrastructure, with his personal credibility and authoritative decision-making deeply embedded in the narrative of the global tech market’s rise over the past three years. Now, as scandals emerge, Nvidia’s trading team is expected to become more conservative and slow down external financing commitments, which undoubtedly worsens the situation for neoclouds already facing tight funding.
Deutsche Bank made significant Q3 purchases of midstream AI application stocks: the three major cloud giants saw increased holdings, with Palantir (PLTR.US) and Salesforce (CRM.US) also favored.
Deutsche Bank has submitted its third quarter 13F holdings report for the period ending September 30, 2026.
Crypto prices
More
