The playbook — gold · November 4, 2026
Radisson keeps hitting below O'Brien — and finds gold 700m west
Nine wedge holes beneath a past-producing mine sustain an 83% hit rate, while a new high-grade cluster appears over 700 m west of the record July hole.
Radisson Mining drilled more holes beneath and beside the old O’Brien gold mine in Quebec’s Abitibi belt, and the results keep landing. One wedge hole, OB-25-377W6, cut 1.3 metres grading 44.18 grams of gold per tonne — about 57 gram-metres, the grade-times-thickness number geologists use to size up what a hole actually found — some 818 metres down the hole. Another hole, OB-26-394, ran 11.0 metres at 3.21 g/t, including 1.2 metres at 15.75 g/t. Nine wedge holes in this batch keep hitting O’Brien-style veins below the existing resource, and management now claims an 83% hit rate across 137 holes. When we last covered Radisson, it had pulled 68.24 g/t from nearly a mile down; the drilling has not slowed.
Why it matters: the old O’Brien mine produced narrow, very high-grade veins, and Radisson is tracing those same structures at depth and sideways. The more interesting thread this time is a cluster of high-grade intercepts in the Pontiac hanging wall at roughly 700 to 750 metres below surface. The release states this cluster sits over 700 metres west of the record July intercept, with strike now traced over more than 700 metres — though these are a fan from one collar, wedges off shared pilot holes, so this is geological continuity between branches, not separate collars along a line. Matt Manson runs the company; he built the Valentine Gold Project before its C$345 million combination with Calibre in 2024. Agnico Eagle, one of the world’s largest gold producers, holds roughly 10.45% after a C$57.16 million strategic investment in September 2026. The stock rose 10.2% over three months while gold slipped 2.6% and the junior-gold GDXJ index sat flat at -0.1% — a company-specific move the sector tide does not explain, with a sharp mid-period re-rating from 0.88 to 1.30 and a partial giveback since.
Now the honest part. True widths are disclosed only as a broad 30-to-80% range of core length, so at the low end that 1.3-metre intercept is about 0.4 metres of actual vein — headline widths meaningfully overstate the zone. The company itself states the Pontiac cluster’s continuity, structural control and resource potential are not yet assessable, and not all wedge branches hit mineralization. Grade is concentrated in sub-metre visible-gold shoots, with rock outside those cores running 1 to 3 g/t, and the 700-metre strike claim spans holes the company calls under-drilled and possibly isolated. Our last entry promised steady drill results and a step-by-step resource update; the drill results arrived, and the update is still pending — management now points to an updated resource estimate by the end of 2026. Watch also for community sessions in December 2026 and the underground ramp permitting process moving into 2027.