Radisson secures C$57.16 million from Agnico Eagle for Quebec gold exploration

Radisson Mining Resources has commenced an advanced underground exploration program at the O’Brien Gold Project in Quebec, supported by a C$57.16 million investment from Agnico Eagle Mines, which now holds about 10.45% of Radisson. The work is intended to generate geological, geotechnical and operational information for evaluating mining options and future development scenarios. The project area includes ground subject to Globex Mining Enterprises’ 1% GMR New Alger Royalty and 2% NSR Kewagama Royalty, while Globex also owns the neighboring Cadillac Wood project outright.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.