Announcement Date: 2022-02-22
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Radius Gold Inc.
Project name: Amalia
Location: Mexico
Commodities: Gold,Silver
Highlight: Drilling results incl. 96m @ 167g/t Ag, 0.54g/t Au from 245.1m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia – Radius Gold Inc. (TSXV:RDU) is pleased to report assay resultsfor the initial two drill holes from the El Cuervo target at the Amalia Project, Mexico (Figure 1). Highlights from the on-going drilling program include the following The Radius team is highly encouraged by the new discovery at El Cuervo with drill hole AMDD21-47 cutting impressive width and high-grade gold and silver mineralization. The gold-silver mineralization is similar in style to the San Pedro and California targets, where significant mineralized systems have already been identified. Drill hole AMDD21-46 located 100m above 47 intersected reduced width but still had several significant intervals with grade-width that is commonly mined underground. Visual interpretation of core awaiting assay from drill hole AMDD21-50 located 100m down dip also shows a reduction in width. The initial drilling at El Cuervo has confirmed a significant mineralized system and drilling is on-gong to define the size potential. Amalia is a large system with multiple vein structures (Amalia, California & El Cuervo) over 10km of combined strike with multiple targets on each structure. Compelling wide and high-grade mineralization has been intersected on the 3 principal drill targetstested to date.
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