Snapshot

Radisson generates value for its shareholder through the acquisition, exploration and development of mining projects in a sustainable manner.

Radisson is pursuing the advanced exploration of the O’Brien project.

Project

The O’Brien project, cut by the regional Larder-Lake-Cadillac Fault, is Radisson’s main asset. The former O’Brien Mine, is considered to have been the Abitibi Greenstone Belt’s highest-grade gold producer during its production (1,197,147 metric tons at 15.25 g/t Au for 587,121 ounces of gold from 1926 to 1957; InnovExplo, May 2018).

Location

Radisson’s head office is located in Rouyn-Noranda, 650 km North West of Montreal, Quebec. In 2017, the Fraser Institute ranked the jurisdiction of Quebec in sixth place worldwide for its attractiveness for mining investment.

The O’Brien project is located half way between Rouyn-Noranda and Val-d’Or along the world-renowned Larder-Lake-Cadillac fault. The area is renowned for its world-class mining infrastructure, working pool and the mining knowledge the local contractors have built in the past.

Mineral resources estimate

March 2018
Indicated
Inferred
ZonesCut-off
g/t Au
TonnesGrade
g/t Au
OuncesZonesCut-off
g/t Au
TonnesGrade
g/t Au
Ounces
All zones2.50
3.00
3.50
4.00
4.50
5.00
1 800 104
1 409 734
1 125 447
910 885
751 753
624 734
5.14
5.81
6.45
7.09
7.70
8.30
297 466
263 108
233 491
207 696
186 019
166 671
All zones2.50
3.00
3.50
4.00
4.50
5.00
2 054 524
1 519 190
1 157 021
830 615
538 938
416 123
4.22
4.74
5.22
5.80
6.65
7.21
278 644
231 612
194 084
154 833
115 833
95 508
  • *Notes to Accompany Mineral Resource Table:
  • *1. The independent qualified person for the 2018 MRE, as defined by NI 43 101, is Christine Beausoleil, P. Geo, of InnovExplo Inc. The effective date of the estimate is March 20, 2018.
  • *2. The Mineral Resources are classified as Indicated and Inferred Mineral Resources and are based on the 2014 CIM Definition Standards.
  • *3. These Mineral Resources are not Mineral Reserves, as they do not have demonstrated economic viability.
  • *4. Results are presented in-situ and undiluted.
  • *5. Sensitivity was assessed using cut-off grades from 2.5 g/t Au to 5.0 g/t Au. The official in-situ resource is reported at a cut-off grade of 3.5 g/t Au. Cut-off grades must be re-evaluated in light of prevailing market conditions (gold price, exchange rate and mining cost).
  • *6. A top cut of 30 g/t gold (5.0 g/t gold for the dilution envelope) was applied to assay grades prior to compositing grades for interpolation into model blocks using an inverse distance squared (ID2) method and was based on 0.75 m composites within a block model made of 3 m long x 3 m wide x 3 m high blocks.
  • *7. Density data (g/cm3) was established at 2.75 g/cm3.
  • *8. A minimum true thickness of 1.5 m was applied, using the grade of the adjacent material when assayed or a value of zero when not assayed for 17 different mineralised zones.
  • *9. The number of metric tons and ounces was rounded to the nearest hundred. Any discrepancies in the totals are due to rounding effects; rounding followed the recommendations in Form 43 101F1. 10. InnovExplo is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, marketing or other relevant issues that could materially affect the mineral resource estimate.

Conseil d'administration

Mario Bouchard

President, Chief Executive Officer and Director

mbouchard@radissonmining.com

From 1984 to 2009, Mr. Bouchard was an investment advisor for the firm of Lévesque Beaubien, a full-­‐service broker, later acquired by the National Bank of Canada. He has been a director of the Rouyn-­‐Noranda branch of the Canadian Institute of Mining, Metallurgy and Petroleum for 26 years. He is also President of the Admirio Industriel holding company.

Denis Lachance

Eng, OIQ - Chairman of the Board of Directors – Director

Mining engineer and member of the Ordre des ingénieurs du Québec (OIQ) since 1982, Mr. Lachance has extensive experience in development, production and mining of base and precious metal deposits. Over the past few years, Mr. Lachance has held several management positions in major mining projects, allowing him to apply his expertise both in Canada and abroad. Until very recently, he was President of Koniambo Nickel SAS, a multibillion-dollar joint venture between Xstrata Nickel and the Sociéte Minière du Sud Pacifique, which is developing one of the world’s largest nickel deposits in French overseas territory New Caledonia. He also served as Vice President of Operations at Falconbridge Ltd. (Raglan), and occupied various executive positions at Noranda Inc., TVXGold Inc. (Casa Berardi) and Agnico Eagle Mines Limited (Joutel Division and Goldex project).

Jean Dion

Director

Jean Dion is a visionary and one of the most influential entrepreneurs in Rouyn-Noranda. In the 90s, he founded the Dion group, which became one of the biggest players in Rouyn-Noranda’s commercial and industrial sectors. The Dion group, which now has about 300 employees, includes a dozen Abitibi-Témiscamingue companies involved in mining, construction equipment, equipment rental, real estate, the automotive sector and recreational products.

Luc Simoneau

Director

Mr. Luc Simoneau, computer specialist and well-known businessman, has been a director of the Company since 1991. He is president of Micro ML Inc., a computer service firm in St-Hyacinthe.

Réjean Gourde

Director

Mr. Gourde is a mining engineer graduated from Ecole Polytechnique of Montréal combining 40 years of experience in the mining industry. In 1987, after 12 years of work with Falconbridge and Ressources Aiguebelle, Mr. Gourde joined the company Cambior today known as IamGold. He notably served as Senior VP of Guiana Shield division of Cambior in South America. Since 2007, he is an independent consultant for corporations with operations in North and South America and Africa.

Tony Brisson

Director, P.Geo

During his career of over 20 years, M. Brisson has worked with several significant mining companies, including Goldcorp Inc. (Eleonore Mine - Exploration Manager), Cogitore Resources Inc. (Vice-President of Exploration) and Cambior Inc. (Senior Geologist / Chief Geologist). In 2009, he was on the team who won the Prospector of the Year award from the Quebec Mining Exploration Association for the discovery of the Scott Lake deposit, when he was working for Cogitore Resources Inc.

Membres de la direction

Mario Bouchard

President, Chief Executive Officer and Director

mbouchard@radissonmining.com

From 1984 to 2009, Mr. Bouchard was an investment advisor for the firm of Lévesque Beaubien, a full-­‐service broker, later acquired by the National Bank of Canada. He has been a director of the Rouyn-­‐Noranda branch of the Canadian Institute of Mining, Metallurgy and Petroleum for 26 years. He is also President of the Admirio Industriel holding company.

Jacques Lévesque

Chief financial officer

M. Lévesque has been a CPA, CA and income tax specialist since 1971. From 1975 to 1988, he was an associate and the director of the income tax department of Maheu Noiseux, Abitibi-Temiscamingue. Since 1988, he is acting as an independent CPA, CA and income tax specialist and his principal occupation is the business financing and project manager. Mr. Levesque was a director of Orex Exploration Inc. from December 1991 to October 2007 and he was its president from March 1993 to October 2007. From December 2009 to May 2017, Mr. Levesque was a director and the Chief Financial Officer of Orex Exploration Inc., a junior exploration company listed on TSX Venture. Since May 19, 2017, Mr. Levesque is a director of Anaconda Mining Inc.

Tony Brisson

P. Geo, Main Consultant in Geology

See Above

Catherine Jalbert

Exploration Manager, P. Geo

Ms. Jalbert, P. Geo, studied Geology at Laval University and completed a bachelor degree in 2009 before beginning her career at InnovExplo, a Val-d’Or based Mining engineering and Geology consulting firm. She holds a strong expertise in 3D modelling and her experience ranges from exploration (Drilling, Prospection, geophysical surveying, geochemical soil survey etc.) to resource estimate mandates and environmental studies. Over the years, Ms. Jalbert worked with more than twenty junior and major mining companies in the Gold, Zinc, Uranium, Apatite and REE sectors.

Hubert Parent-Bouchard

Corporate development

Mr. Parent-Bouchard joined Radisson mining resources Inc. during its restructuring in 2014; since 2016, he is conducting corporate development for the company. Prior to joining Radisson, Mr. Parent-Bouchard worked for 7 years in accounting and compliance for a Quebec-based insurance and investment company and a renowned mining contractor in the Abitibi area. He holds a business administration degree from Laval University and is currently completing the graduate micro-program of sustainable development applied to the mineral industry at the UQAT. Since 2015, Mr. Parent-Bouchard serves as Director and Treasurer for the Rouyn-Noranda branch of Canadian Institute of mining.

Capital structure

Symbol: RDS
Stock Exchange: TSX VENTURE EXCHANGE
Shares outstanding: 124,698,893 Class A shares
Warrants outstanding: 10,844,893

Options outstanding: 3,510,000
Fully diluted: 139,053,283 class A shares
Insiders holding: 17,033,772 class A shares (13.63%)

Shareholder protection rights plan

Agreement between Radisson Mining Resources inc. and Computershare Investor Services inc., as rights agent.

Effective as of February 2, 2009.