Tremendous success at O'Brien - Radisson doubles resource estimate

--------------------------------------------------------------- Radisson doubles resource estimate at the O’Brien gold project in Quebec Press release highlights: - Indicated resources increased 58% to 1,517,000 tonnes grading 10.26 g/t Au for 501,000 ounces using a 4.5 g/t gold cut off grade. - Inferred resources increased 167% to 1,616,000 tonnes grading 8.64 g/t Au for 449,000 ounces using a 4.5 g/t gold cut off grade. - A large portion of the Indicated and Inferred resources added have been defined within the same vertical footprint as the previous resource estimate. The new Mineral Resource Estimate (“MRE”) is based on ([see 3D video]( - 127,600 m of additional drilling since last update in July 2019. ([see Figure 1]( - The inclusion of the O’Brien West area (including 8,060 m of historical drilling) “This announcement represents a significant milestone for Radisson, and we are extremely pleased to share the results of 4 years of dedicated and focused work. Getting close to 1 M Oz in Indicated and Inferred resources while improving an already enviable gold grade is truly an accomplishment that we are proud to share today. As we say, grade is “King” as it provides margin which is the most critical differentiator of our business. Truly, the new geological interpretation has been validated and allowed us to expand the footprint of the O’Brien gold project. Furthermore, we also need to note that our successful drilling rate is providing us the confidence that we will be able to grow our resources even further. Globally, there are very few gold projects located in a world-class jurisdiction like the Abitibi, Quebec that have the scale, untapped potential, and the high-grade profile of O’Brien. Results from the MRE have confirmed the geological and growth potential our model was predicting. The geological model is robust and the strong continuity of the high-grade zones at O’Brien has been demonstrated. The historic O’Brien was already the highest gold grade mine in the province of Quebec, today, with all our high-grade zones open at depth, a strong model supported by our successful drilling rate, and a largely untested 5.2 km strike potential on the Larder-Lake-Cadillac Break, we firmly believe we have yet to see the real potential of the O’Brien project. Our team is actively planning the next phase of growth for the asset while concurrently evaluating all options that can deliver significant value for our shareholders” Commented Denis V. Lachance, Interim President and Chief Executive Officer. [Figure 1. O’Brien gold project, longitudinal section looking North – 2023 Mineral resource estimate at a 4.5 g/t Au cut-off grade]( [Figure 2. O’Brien gold project, O’Brien East longitudinal section looking North – 2023 Mineral resource estimate at a 4.5 g/t Au cut-off grade]( Radisson mining resources Inc. Radisson is a gold exploration company focused on its 100% owned O’Brien project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Quebec. The Bousquet-Cadillac mining camp has produced over 21,000,000 ounces of gold over the last 100 years. The project hosts the former O’Brien Mine, considered to have been the Quebec’s highest-grade gold producer during its production (1,197,147 metric tons at 15.25 g/t Au Au for 587,121 ounces of gold from 1926 to 1957; Kenneth Williamson 3DGeo-Solution, July 2019). For more information on Radisson, visit our website at [www.radissonmining.com]( or contact: For more information on Radisson, visit our website at [www.radissonmining.com]( or contact: Denis V. Lachance Chairman, Interim President and CEO 819-806-3340 dlachance@radissonmining.com Hubert Parent-Bouchard Chief Financial Officer 819-763-9969 hpbouchard@radissonmining.com Forward-Looking Statements All statements, other than statements of historical fact, contained in this press release including, but not limited to, those relating to the intended use of proceeds of the Offering, the development of the O’Brien project and generally, the above “About Radisson Mining Resources Inc.” paragraph which essentially describes the Corporation’s outlook, constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements and future events, could differ materially from those anticipated in such statements. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward looking information can be found in Radisson’s disclosure documents on the SEDAR website at www.sedar.com. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. Forward-looking statements are provided for the purpose of providing information about management’s endeavours to develop the O’Brien project and, more generally, its expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in our other filings with the securities regulators of Canada. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. Ressources minières Radisson Inc. TSX.V: RDS OTC: RMRDF CP 307 Succursale bureau chef Rouyn-Noranda, Qc J9X 5C3 ir@radissonmining.com [www.radissonmining.com]( This message was intended for {EMAIL} , as a subscriber and/or customer of Kitco. [Update Your Email Preferences]( | [Privacy Policy]( | [Contact us]( | [Unsubscribe]( All logos, brand names and/or trademarks that appear here are the property of their respective copyright holders. © 2023 Kitco Metals Inc. 620 Cathcart, Suite #900, Montreal, Quebec, H3B 1M1 Canada.