| Announcement Date: | 2022-03-22 |
|---|---|
| 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. 17.8m @ 144g/t Ag, 0.92g/t Au from 358.4m |
| 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 ongoing drill resultsfrom the El Cuervo target at the Amalia Project, Mexico. Highlights from drill holes 48 and 49 include Drill results received to date, as well as current and planned drilling, are presented in the plan sections and Table 1 below. Discussion of Results 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 targets tested to date. At El Cuervo target 9 diamond drill holes have been completed (AMDD21-46 to 54) for a total 3468m. Assay results have been received for the first 4 drillholes (46 to 49). The latest drill results are located on a section approximately 100m SE of last month’s intersection in AMDD21-47 of 96m @ 167 g/t Ag & 0.54 g/t Au (figure 2) and confirm and expand a significant mineralized system at the EL Cuervo target. Drilling is ongoing to define the size potential. |
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