Latest news with #Radisson


STV News
2 days ago
- Business
- STV News
Plan to demolish historic listed building to make way for hotel
Plans to demolish a historic listed building in Glasgow city centre have faced backlash. Regent Property Developer plans to tear down buildings on Maxwell Street and Fox Street, behind St Enoch Centre, to make way for a new Radisson hotel and apartment complex. The demolition would include the historic category B-listed 90 Maxwell Street building, built in 1968 for McCorquodale's Printers. Labour MSP Paul Sweeney took to X (formerly known as Twitter) to call on the public to object to the demolition. The developer had previously said that it wanted to preserve the existing building but concluded that doing so was not 'beneficial' for the redevelopment of the site. 𝙊𝘽𝙅𝙀𝘾𝙏 𝙏𝙊 𝙇𝙄𝙎𝙏𝙀𝘿 𝘽𝙐𝙄𝙇𝘿𝙄𝙉𝙂 𝘿𝙀𝙈𝙊𝙇𝙄𝙏𝙄𝙊𝙉A planning application has been made to demolish the Category B-listed façade of the former McCorquodale's Printing Works on Maxwell Street. They claim the façade is beyond viable repair. I am challenging this — Paul Sweeney (@PaulJSweeney) July 14, 2025 'It is frustrating that yet another developer, Regent Property, is now seeking to demolish this Category-B listed building in the Glasgow Central Conservation Area without a consideration for the heritage of the city, particularly as they had originally committed to retaining the façade,' Sweeney told STV News. The Glasgow MSP said the proposal to demolish the listed facade should be rejected by the Council's planning committee. 'The National Planning Framework clearly states that demolition of a listed building can only take place in exceptional circumstances,' he said. 'Regent Property acknowledges that the façade is repairable, meaning by their own admission, there are no grounds for demolition. 'Their claim that the extra expense of around £300,000 to repair the stonework would not be viable is unconvincing.' Regent Property Group's plan states that the site will be the UK's first Radisson Hotel & Serviced Apartments which will will consist of one-bedroom apartments in the signature Radisson design, including 'stylish bedrooms and a spacious luxury studio' alongside a rooftop bar and lounge. The developer said its plans secure a 'much-needed' £50m investment in a 'sadly neglected' corner of Glasgow. In response to the backlash, the Group told STV News: 'Over the past few years we have, together with a team of experienced professionals, worked tirelessly to develop plans for the site. Our team includes experts in the field of conserving Scotland's heritage and their assessment has been a core consideration in this planning application. 'All options to save the listed buildings facade have been investigated in depth but unfortunately, detailed condition surveys and appraisals have confirmed that neither the existing building nor façade is capable of being incorporated in a scheme that's financially viable or practically feasible.' The development will also host a restaurant on the ground floor, alongside a gym and meeting space. Objections must be made to Glasgow City Council by midnight on July 16, 2025. Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country
Yahoo
2 days ago
- Business
- Yahoo
Radisson Reports Highest Grade Drill Intercepts Achieved to Date Beneath the Historic O'Brien Gold Mine Including 89.36 g/t Gold over 3.7 Metres and 60.75 g/t Gold over 2.1 Metres
Rouyn-Noranda, Quebec--(Newsfile Corp. - July 16, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to announce assay results from new drill holes completed at its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. Four of the drill holes reported today are wedges completed from the previously reported pilot hole OB-24-337, the deepest hole ever drilled at the Project and the first drilled directly below the historic O'Brien Mine workings. This pilot hole, and the first three wedge-extensions drilled from it (OB-24-337W1 to W3) all returned multiple, high-grade gold intercepts, delineating a large zone of gold-bearing veins with good continuity (see Radisson News Release dated April 2, 2025). Now, an additional four wedges (OB-25-337W4 to W7) demonstrate the scale of this zone with the highest-grade intercepts yet achieved. Highlights include: OB-25-337W7 intersected 89.36 grams per tonne ("g/t") gold ("Au") over 3.7 metres, including 293.0 g/t Au over 1.1 metres and 16.43 g/t Au over 8.1 metres, including 60.75 g/t Au over 2.1 metres and 9.69 g/t Au over 1.3 metres; OB-25-337W5 intersected 47.70 g/t Au over 1.0 metres and 5.25 g/t Au over 4.0 metres, including 17.90 over 1.0 metres; OB-25-337W6 intersected 6.45 g/t Au over 3.5 metres, including 18.80 g/t Au over 1.0 metres and 3.57 g/t Au over 12.0 metres, including 6.51 g/t Au over 1.0 metre and 3.70 g/t Au over 4.4 metres, including 7.11 g/t Au over 1.5 metres. Radisson is also reporting, today, results from ten shallower holes drilled adjacent to the historic mine workings on "Trend #0", including drill holes in and around the former "Jewellery Box" zone (see Radisson News Release dated December 9, 2024). Recall that drill hole OB-24-347 returned 643.1 g/t Au over 2.1 metres, including 1,345.0 g/t Au over 1.0 metres on what is interpreted to be the near surface upwards extension of the famous high-grade and narrow mining stope. Highlights include: OB-25-370 intersected 4.32 g/t Au over 6.5 metres, including 10.49 g/t Au over 2.1 metres; OB-25-372 intersected 7.05 g/t Au over 2.5 metres, including 15.95 over 1.0 metre. Figure 1: Long Section and Plan View of Gold Vein Mineralization and Mineral Resources at the O'Brien Gold Project, with Today's Drill Holes Illustrated To view an enhanced version of this graphic, please visit: Matt Manson, President & CEO, commented: "Since last December, we have been reporting the delineation of a series of high-grade gold-bearing veins developed over a large area up to 500 metres below the base of the historic O'Brien Gold Mine. In today's news release we are reporting the highest-grade intercepts returned to date from this area, with the results of four new wedges drilled from our initial pilot hole. We are now delineating up to six mineralized zones over hundreds of metres, which appear related to mapped veins at the base of the former mine and which are outside the scope of conceptual mine plan contained in our recently reported Preliminary Economic Assessment (see Radisson News Release dated July 9, 2025). A priority of our ongoing 50-60,000 metre drill program at O'Brien is large step outs below the current mineral resources and the historic mine in a 'proof-of-concept' approach to test the potential extension of the O'Brien mineralizing system to 2 kilometres depth. To date, this strategy has been remarkably successful, with important implications for the future scale of the Project." Matt Manson continued: "We are also reporting today several shallower drill holes targeting the surface projection of the famous "Jewellery Box Zone", rediscovered by Radisson with bonanza grades late last year, as well as the downward extension of our mineral resource block model on "Trend #0" adjacent to the Jewellery Box stope. Both target areas have returned high-grade intercepts, demonstrating extensive gold mineralization in and around this target area." Table 1: Assay Results from Drill Holes OB-24-356 to OB-25-374 and OB-25-337W4 to W7 DDH Zone From (m) To (m) Core Length (m) Au g/t - Uncut Host Lithology OB-25-337W4 O'Brien Mine 1,474.2 1,475.5 1.3 3.44 POR-S 1,484.7 1,491.3 6.7 3.34 V3-CEN Including 1,484.7 1,486.0 1.4 5.04 V3-CEN 1,489.8 1,491.3 1.5 6.70 V3-CEN 1,524.2 1,525.4 1.2 3.01 S1p 1,533.2 1,534.4 1.2 4.62 S1p OB-25-337W5 O'Brien Mine 1,389.7 1,390.7 1.0 3.30 V3-S 1,427.5 1,428.5 1.0 47.70 V3-CEN 1,436.0 1,437.0 1.0 3.01 V3-CEN 1,440.0 1,441.0 1.0 5.32 V3-CEN 1,524.0 1,528.0 4.0 5.25 S3p Including 1,525.0 1,526.0 1.0 17.90 S3p OB-25-337W6 O'Brien Mine 1,488.5 1,492.0 3.5 6.45 POR-S Including 1,489.6 1,490.6 1.0 18.80 POR-S 1,570.0 1,582.0 12.0 3.57 S1p Including 1,570.0 1,571.0 1.0 6.51 S1p 1,635.5 1,639.0 3.5 4.30 V3-N Including 1,637.0 1,638.0 1.0 6.96 V3-N 1,644.6 1,649.0 4.4 3.70 V3-N Including 1,646.0 1,647.5 1.5 7.11 V3-N OB-25-337W7 O'Brien Mine 1,430.6 1,438.7 8.1 16.43 POR-S/V3-CEN Including 1,433.3 1,434.3 2.1 60.75 POR-S 1,475.2 1,478.9 3.7 89.36 S1p Including 1,476.3 1,477.4 1.1 293.00 S1p 1,502.7 1,504.0 1.3 3.18 V3-N 1,547.7 1,549.0 1.3 9.69 S3p OB-24-356 Trend #0 167.5 173.5 6.0 3.08 S1P Including 172.0 173.5 1.5 8.20 S1P OB-24-357 Trend #0 456.3 457.4 1.1 6.03 S1P 517.5 518.5 1.0 6.16 S3P OB-24-360 Trend #0 499.0 500.0 1.0 8.51 V3-CEN OB-25-367 Trend #0 108.6 110.5 1.9 4.65 V3-S OB-25-370 Trend #0 169.0 175.5 6.5 4.32 V3-CEN Including 169.0 171.1 2.1 10.49 V3-CEN 215.0 216.0 1.0 3.17 S1p/TX OB-25-372 Trend #0 170.0 172.5 2.5 7.05 V3-CEN Including 170.0 171.0 1.0 15.95 V3-CEN OB-25-374 Trend #0 262.0 263.0 1.0 4.41 TX Notes on Calculation of Drill Intercepts:The O'Brien Gold Project Mineral Resource Estimate Published on July 9, 2025 ("MRE") utilizes a 2.20 g/t Au bottom cut-off, a US$2,000 gold price, a minimum mining width of 1.2 metres, and a 40 g/t Au upper cap on composites. Intercepts presented in Table 1 are calculated with a 3.00 g/t Au bottom cut-off. Sample grades are uncapped. True widths, based on depth of intercept and drill hole inclination, are estimated to be 30-80% of core length. Table 2 presents additional drill intercepts calculated with a 1.00 g/t bottom cut-off over a minimum 1.0 metre core length so as to illustrate the frequency and continuity of mineralized intervals within which high-grade gold veins at O'Brien are developed. Lithology Codes: PON-S3: Pontiac Sediments; V3-S, V3-N, V3-CEN: Basalt-South, North, Central; S1P, S3P: Conglomerate; POR-S, POR-N: Porphyry South, North; TX: Crystal Tuff; ZFLLC: Larder-Lake-Cadillac Fault Zone. Gold Mineralization at O'Brien Gold mineralizing quartz-sulphide veins at O'Brien occur within a thin band of interlayered mafic volcanic rocks, conglomerates, and porphyritic andesitic sills of the Piché Group occurring in contact with the east-west oriented Larder Lake-Cadillac Break ("LLCB"). Gold, along with pyrite and arsenopyrite, is typically associated with shearing and a pervasive biotite alteration, and developed within multiple Piché Group lithologies and, occasionally, the hanging-wall Pontiac and footwall Cadillac meta-sedimentary rocks. As mapped at the historic O'Brien mine, and now replicated in the modern drilling, individual veins are generally narrow, ranging from several centimetres up to several metres in thickness. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. Individual veins have well-established lateral continuity, with near-vertical, high-grade shoots developed over significant lengths. Based on the historic data available, it is clear that the former mine was "high-graded", with mining focussed on a main central stope and parallel veins identified but left undeveloped. The historic O'Brien mine produced over half a million ounces of gold from such veins and shoots at an average grade exceeding 15 g/t Au and over a vertical extent of at least 1,000 metres. Modern exploration has focussed on delineating well developed vein mineralization to the east of the historic mine, with additional high-grade shoots becoming evident in the exploration data over what has been described as a series of repeating trends ("Trend #s 0 to 5"). Since the end of 2024, Radisson has been delineating a series of high-grade veins beneath the historic workings of the O'Brien mine with a series of wedge-extensions drilled from the pilot hole OB-24-337, which intersected 242.0 g/t Au over 1.0 metre within a mineralized interval that averaged 31.24 g/t Au over 8.0 metres at approximately 1,500 metres vertical depth. With today's news release, assay results from a total of 7 wedges have now been reported and up to six gold-bearing veins have been delineated over an area of approximately 250 metres (east-west) by 250 metres (vertical). These veins appear to correspond to veins mapped at the base of the historic mine at 1,000 metres deep, approximately 300 to 500 metres above the new intercepts. Radisson's vein modelling is undertaken dynamically as drilling proceeds and is used to guide future exploration and, ultimately, domaining for future resource estimation. Beneath the historic mine, vein V3-S_20 intersects OB-24-337W2, W3 and W7 and is further supported by underground mapping in an exploration drift located to the south of the main mined out vein at level 3450 (feet). Vein V3-C_03 is intersected by the pilot hole and all seven wedges and is further supported by underground mapping and the historic stope locations. Vein V3-N_02 is intersected by the pilot hole and all seven wedges and is further supported by historic underground drilling from the 3450 level. V3-N_03 is intersected by all seven wedges. With the new drill holes published today, two new veins have been added to this developing model: POR_S-14 intersected by the pilot hole plus three wedges, and CONG_15 which is intersected by wedges W2, W4, W6 and W7. Based on drilling complete to the end of 2022, and a recently published Preliminary Economic Assessment for the Project (see Radisson news Release dated July 9, 2025) the Project has estimated Indicated Mineral Resources of 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources of 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. QA/QC All drill cores in this campaign are NQ in size. Assays were completed on sawn half-cores, with the second half kept for future reference. The samples were analyzed using standard fire assay procedures with Atomic Absorption (AA) finish at ALS Laboratory Ltd, in Val-d'Or, Quebec. Samples yielding a grade higher than 10 g/t Au were analyzed a second time by fire assay with gravimetric finish at the same laboratory. Mineralized zones containing visible gold were analyzed with metallic sieve procedure. Standard reference materials, blank samples and duplicates were inserted prior to shipment for quality assurance and quality control (QA/QC) program. Qualified Persons Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, ing, of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Each of Mr. Nieminen and Mr. Evans is independent of Radisson and the O'Brien Gold Project. About Radisson Mining Radisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 Preliminary Economic Assessment described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources estimated at 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Please see the NI 43-101 "Technical Report on the O'Brien Project, Northwestern Québec, Canada" effective March 2, 2023 and other filings made with Canadian securities regulatory authorities available at for further details and assumptions relating to the O'Brien Gold Project. Figure 2: Cross Section through the O'Brien mine including drill holes OB-24-337, and W1-W7To view an enhanced version of this graphic, please visit: Figure 3: Vein Modelling Across Drill Holes OB-25-337, and W1-W7 To view an enhanced version of this graphic, please visit: Table 2: Detailed Assay Results (see "Notes on Calculation of Drill Intercepts") DDH Zone From (m) To (m) Core Length (m) Au g/t - Uncut Host Lithology OB-25-337W4 O'Brien Mine 1,462.7 1,464.2 1.5 1.30 POR-S 1,468.8 1,475.5 6.7 1.77 POR-S Including 1,474.2 1,475.5 1.3 3.44 POR-S 1,482.0 1,483.3 1.3 1.66 V3-CEN 1,484.7 1,491.3 6.7 3.34 V3-CEN Including 1,484.7 1,486.0 1.4 5.04 V3-CEN Including 1,489.8 1,491.3 1.5 6.70 V3-CEN 1,524.2 1,534.4 10.2 2.27 S1p Including 1,524.2 1,525.4 1.2 3.01 S1p Including 1,533.2 1,534.4 1.2 4.62 S1p 1,549.1 1,550.1 1.0 1.82 POR-N 1,578.0 1,579.0 1.0 2.56 V3-N 1,585.0 1,586.5 1.5 1.48 V3-N 1,609.5 1,612.3 2.8 1.24 S3p OB-25-337W5 O'Brien Mine 1,368.0 1,369.5 1.5 1.59 V3-S 1,371.0 1,373.0 2.0 1.05 V3-S 1,389.7 1,391.7 2.0 2.98 V3-S Including 1,389.7 1,390.7 1.0 3.30 V3-S 1,401.5 1,403.0 1.5 1.56 POR-S 1,412.0 1,413.5 1.5 2.05 POR-S 1,422.0 1,423.0 1.0 2.02 V3-CEN 1,427.5 1,428.5 1.0 47.70 V3-CEN 1,436.0 1,437.0 1.0 3.01 V3-CEN 1,440.0 1,441.0 1.0 5.32 V3-CEN 1,456.0 1,458.0 2.0 1.22 S1p 1,461.5 1,462.5 1.0 2.18 S1p 1,490.2 1,492.3 2.1 1.99 V3-N 1,509.5 1,510.5 1.0 1.78 V3-N 1,524.0 1,528.0 4.0 5.25 S3p Including 1,525.0 1,526.0 1.0 17.90 S3p OB-25-337W6 O'Brien Mine 1,090.0 1,091.0 1.0 1.12 PON-S3 1,246.5 1,248.0 1.5 1.36 PON-S3 1,479.0 1,480.5 1.5 1.42 POR-S 1,485.0 1,486.5 1.5 1.76 POR-S 1,488.5 1,492.0 3.5 6.45 POR-S Including 1,489.6 1,490.6 1.0 18.80 POR-S 1,508.0 1,509.5 1.5 1.22 POR-S 1,516.5 1,518.0 1.5 1.81 POR-S 1,570.0 1,582.0 12.0 3.57 S1p Including 1,570.0 1,571.0 1.0 6.51 S1p 1,585.0 1,588.0 3.0 1.95 S1p 1,620.0 1,622.8 2.8 1.88 V3-N 1,635.5 1,639.0 3.5 4.30 V3-N Including 1,637.0 1,638.0 1.0 6.96 V3-N 1,642.0 1,643.5 1.5 1.69 V3-N 1,644.6 1,649.0 4.4 3.70 V3-N Including 1,646.0 1,647.5 1.5 7.11 V3-N 1,650.5 1,654.0 3.5 1.30 V3-N OB-25-337W7 O'Brien Mine 1,430.6 1,438.7 8.1 16.43 POR-S/V3-CEN Including 1,433.3 1,434.3 2.1 60.75 POR-S 1,475.2 1,478.9 3.7 89.36 S1p Including 1,476.3 1,477.4 1.1 293.00 S1p 1,502.7 1,504.0 1.3 3.18 V3-N 1,517.6 1,519.0 1.4 1.65 V3-N 1,547.7 1,549.0 1.3 9.69 S3p OB-24-356 Trend #0 150.0 151.5 1.5 1.17 POR-S 167.5 173.5 6.0 3.08 S1P Including 172.0 173.5 1.5 8.20 S1P 176.3 177.7 1.4 1.03 S1P 235.0 238.0 3.0 1.90 V3-N 244.0 245.5 1.5 2.47 V3-N OB-24-357 Trend #0 456.3 457.4 1.1 6.03 S1P 467.0 468.0 1.0 1.44 S1P 477.0 478.0 1.0 1.08 S1P 479.5 480.8 1.3 1.29 S1P 517.5 518.5 1.0 6.16 S3P OB-24-360 Trend #0 499.0 500.0 1.0 8.51 V3-CEN 507.5 508.5 1.0 1.52 S1P 522.0 524.0 2.0 2.23 S1P OB-25-367 Trend #0 83.4 84.9 1.5 1.34 V3-S 108.6 110.5 1.9 4.65 V3-S 174.5 176.0 1.5 1.05 TX 187.5 190.2 2.7 1.29 V3-N OB-25-368 Trend #0 81.0 82.2 1.2 2.00 PON-S3 117.9 125.8 7.9 1.16 POR-S/V3-CEN 182.0 183.0 1.0 1.03 V3-N OB-25-369 Trend #0 158.6 160.1 1.5 1.54 S1p 162.8 163.8 1.0 1.35 TX OB-25-370 Trend #0 111.5 113.0 1.5 1.47 PON-S3 163.2 164.2 1.0 2.26 V3-CEN 169.0 175.5 6.5 4.32 V3-CEN Including 169.0 171.1 2.1 10.49 V3-CEN 215.0 219.0 4.0 2.14 S1p/TX Including 215.0 216.0 1.0 3.17 S1p/TX 234.0 235.0 1.0 1.43 TX OB-25-372 Trend #0 170.0 172.5 2.5 7.05 V3-CEN Including 170.0 171.0 1.0 15.95 V3-CEN 201.0 202.3 1.3 1.84 S1p 251.0 253.0 2.0 1.41 V3-N OB-25-373 Trend #0 182.0 185.5 3.5 2.19 V3-CEN 205.0 206.1 1.1 1.17 S1p 213.5 215.0 1.5 1.25 S1p 218.0 219.0 1.0 1.24 S1p OB-25-374 Trend #0 77.0 78.3 1.3 1.10 PON-S3 140.7 142.2 1.5 1.56 PON-S3 251.0 252.0 1.0 1.40 S1p 262.0 263.0 1.0 4.41 TX 279.7 282.5 2.8 1.83 TX/V3-N 290.5 292.0 1.5 1.32 V3-N 303.0 304.5 1.5 1.14 S3p Table 3: Drill Hole Collar Information for Holes contained in this News Release DDH Zone Easting Northing Azimuth Dip Hole Length (m) OB-24-337 Pilot O'Brien Mine 693700 5345070 346 -80 1695 OB-25-337W4 O'Brien Mine 710 OB-25-337W5 O'Brien Mine 557 OB-25-337W6 O'Brien Mine 609 OB-25-337W7 O'Brien Mine 596 OB-24-356 Trend #0 693699.54 5345491.88 349.0 -55 267 OB-24-357 Trend #0 693776.74 5345306.66 359.0 -60 528 OB-24-360 Trend #0 693776.74 5345306.66 354.5 -65.5 570 OB-25-367 Trend #0 693669.00 5345507.06 332.0 -45 237 OB-25-368 Trend #0 693669.00 5345507.06 347.0 -45 225 OB-25-369 Trend #0 693669.00 5345507.06 2.0 -45 219 OB-25-370 Trend #0 693670.72 5345487.06 358.0 -60 285 OB-25-372 Trend #0 693670.72 5345487.06 346.0 -61 295 OB-25-373 Trend #0 693670.72 5345487.06 334.0 -60.5 312 OB-25-374 Trend #0 693669.48 5345476.95 0.0 -68 318 Notes:Hole DDH-24-337 Pilot was previously published on December 16, 2024. Hole lengths for wedges represent meterage from point of wedge. For more information on Radisson, visit our website at or contact: Matt MansonPresident and CEO416.618.5885mmanson@ Kristina PillonManager, Investor Relations604.908.1695kpillon@ Forward-Looking Statements This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies, local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future;, planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; the ability to negotiate and execute an arrangement with IAMGOLD related to the Doyon Mill on satisfactory terms or at all; and the ability to convert inferred mineral resources to indicated mineral resources. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release. Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 29, 2025 for the years ended December 31, 2024, and the Company's Management's Discussion and Analysis dated May 28, 2025 for the three-months ended March 31, 2025, all of which are available electronically on SEDAR+ at All forward-looking statements contained in this press release are expressly qualified by this cautionary statement. 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Glasgow Times
3 days ago
- Business
- Glasgow Times
Call to keep building facade in Glasgow Radisson hotel plan
Paul Sweeney MSP has called on residents to object to a proposal to demolish the B-listed former McCorquodale's Printing Works on Maxwell Street. On social media, he said he is challenging developer Regent Property Ltd's view that the front of the building is in "severely dilapidated physical condition and their repair or re-use is just not economically viable". Instead, he has urged people to hand in their disapproval through the council's planning portal until midnight on Wednesday, July 16. Proposal (Image: Sourced) Call to keep building facade amid Radisson hotel plan in Glasgow (Image: Sourced) In his objection, the politician stated: "The applicant's justification for complete demolition—that the stonework is degraded beyond reasonable repair—is neither credible nor consistent with best practice in conservation-led redevelopment. "It is significant that the applicant's own reports accept that the stone façade is technically capable of repair. "The only grounds advanced for demolition are purely financial, claiming that the estimated cost of external repairs of circa £277,000 (excluding internal repairs, contingencies or fees) would result in a conservation deficit and render retention 'unviable'." He also went on to say this amount is not disproportionate for a development of this scale and criticised the firm for a lack of effort to save the structure. The bid currently has 17 public comments on the online portal, 15 of which are in support. One commenter wrote: "This project presents a valuable opportunity to transform a neglected and underused site into a modern, thoughtfully designed building". Both objections are from Merchant City and Trongate Community Council. 𝙊𝘽𝙅𝙀𝘾𝙏 𝙏𝙊 𝙇𝙄𝙎𝙏𝙀𝘿 𝘽𝙐𝙄𝙇𝘿𝙄𝙉𝙂 𝘿𝙀𝙈𝙊𝙇𝙄𝙏𝙄𝙊𝙉 A planning application has been made to demolish the Category B-listed façade of the former McCorquodale's Printing Works on Maxwell Street. They claim the façade is beyond viable repair. I am challenging this — Paul Sweeney (@PaulJSweeney) July 14, 2025 READ NEXT: Plan to demolish Glasgow building for unique Radisson hotel (Image: Proposed view from the Clyde) (Image: Sourced) READ NEXT: Listed building near Glasgow's St Enoch centre could be demolished We previously reported that the company submitted a planning application to knock down the building and replace it with a hotel/serviced apartments, run by Radisson. Papers revealed that the collaboration would be a UK-first hotel concept and consist of "a combination of stylish contemporary standard and superior bedrooms, along with spacious luxury studio and one-bed apartments in the signature Radisson design". If successful, the new accommodation would have 169 hotel rooms, 78 serviced apartments. A lounge, a high-end rooftop bar and a "stunning destination restaurant" are also planned and would be open to members of the public. On the ground floor, a gym and a meeting space are also proposed. Regent Property Ltd has been contacted for comment.
LeMonde
08-07-2025
- LeMonde
Channel crossings by migrants in small boats are on the rise
The sea was calm and smooth. In the distance, a black spot. Soon, dawn revealed an inflatable dinghy barely 10 meters long. At least 30 men were seated on either side, straddling the tubes. They stretched out their legs to avoid touching the water. Some wore life jackets; others did not. In the Dover Strait on Tuesday, July 1, 440 migrants would cross to the United Kingdom aboard eight small boats. The one mentioned earlier looked full. Yet it moved along the coast, drawing closer to the beach at Malo-les-Bains, in northern France. Guests at the Radisson were still asleep when, in front of the luxury hotel, a group of women, men and children waded waist-deep into the sea. Not everyone would manage to board. As police officers approached, the dinghy departed. Slower, heavier. The vessel sank a bit deeper into the water. Some cries symbolized the tension on board, the fear. At a speed of about 4 knots (7.4 kilometers per hour), the small boat headed for Dover, over 60 kilometers away, on the other side of the strait. A ship monitored the dinghy's hesitant journey from a distance. This was the Minck, one of the boats chartered by the French government for operations in the Channel. If the migrants did not request assistance, the Minck would simply "escort" them to British waters, where UK authorities would take over.


Time of India
07-07-2025
- Business
- Time of India
Luxury hotel projects flock to tourist hubs, elude Amaravati
Vijayawada: Despite being the capital, Amaravati has drawn minimal interest from private investors in the hospitality sector, with tourism destinations like Visakhapatnam and Tirupati emerging as the preferred hotspots for luxury hotel development. At the recent Andhra Pradesh Tourism Conclave – Tech AI 2.0, the Andhra Pradesh Tourism Development Corporation (APTDC) signed 82 MoUs worth 10,329 crore, of which 47 were for hotel projects. However, only one of these was for Amaravati, while the majority targeted high-footfall destinations such as Vizag, Tirupati, and coastal areas like Suryalanka and Rushikonda. Tourism department officials clarified that earlier MoUs with marquee hotel chains for Amaravati are still active. As many as 17 major hotel groups are expected to invest in the capital region, though progress has been slow. "Investors are reluctant to develop star hotels in the Amaravati region due to the govt's proposed three-year deadline, which mandates a firm to start the project and complete boundary wall construction within one year of land allocation, and complete hotel development within three years. Although the three-year deadline norm is not officially in place for hotels, since the govt mandated the same deadline for various state and central govt institutions that were allocated land in Amaravati, investors in the hospitality industry fear that the same rule would apply to hotels as well, making them hesitant to invest," a top player in the AP hospitality sector told TOI. The representative added that relaxing the deadline and ensuring visible progress on government complexes in Amaravati could help restore investor confidence. Meanwhile, the state is actively promoting coastal tourism, offering investors more flexibility and fewer regulatory hurdles. Seaplane and cruise tourism initiatives are being rolled out along the coast, with hotel and resort projects encouraged in beach destinations like Machilipatnam and Suryalanka. In Vijayawada, marquee brands like Marriott and Radisson are reportedly in talks to establish 200-key hotels. "Radisson is in talks to set up its hotel towards the Kanuru stretch, while Marriott is expected to develop a star hotel near the Ramavarappadu Ring or towards the airport stretch," the representative added.