Radius Gold Inc. and joint venture partner, Volcanic Gold Mines Inc. report on the conclusion of the first pass drilling campaign at the Motagua Norte Project, Guatemala. As previously reported , the initial drillholes did not locate the source of the broad area of bonanza grade gold bearing quartz boulder float discovered by Volcanic geologists and named the Mila target. The gold-bearing quartz float at Mila covers a [...]
Radius Gold and joint venture partner, Volcanic Gold Mines are pleased to report on the ongoing drilling campaign at the Motagua Norte Project. As previously reported, drilling confirmed that the broad area of boulder float with abundant bonanza grade assay results discovered by Volcanic geologists at the Mila target is underlain by a serpentinite package, and the colluvial boulders of quartz and schists bearing [...]
Radius Gold Inc. and joint venture partner, Volcanic Gold Mines Inc. are pleased to present a further update on the ongoing drilling campaign at the Motagua Norte Project. As previously reported, drilling to date has confirmed that the broad area of boulder float with abundant bonanza grade assay results discovered by Volcanic geologists is underlain by a serpentinite package, and that all of the colluvial boulders of [...]
Radius Gold Inc. is pleased to announce that Minera San Julian, a wholly owned subsidiary of Fresnillo plc and Geometales del Norte-Geonorte, S.A. de C.V. , a wholly owned subsidiary of Radius Gold, have signed an option agreement in order to mobilize field teams and drill equipment to the Plata Verde project. The option agreement replaces the exclusivity agreement signed in July 2022 under which the companies had been [...]
Radius Gold Inc. and joint venture partner, Volcanic Gold Mines Inc. are pleased to present an update on the first-pass drilling campaign that is ongoing at the Motagua Norte Project. Drilling to date has confirmed that the broad area of boulder float with abundant visible gold and bonanza grade assay results discovered by Volcanic geologists is underlain by a serpentinite package, and that all of the colluvial boulders [...]
Radius Gold Inc. and Volcanic Gold Mines Inc. are pleased to report that the previously announced signing of an amended option agreement between the companies which includes the Motagua Norte project in exchange for the Banderas project has been approved by the shareholders of each company and the TSX Venture Exchange. Disinterested shareholder approval was received at the respective annual general meetings of Radius and [...]
Radius Gold Inc. and joint venture partner, Volcanic Gold Mines Inc. , are pleased to announce that a first-pass drilling campaign has commenced on the Mila Gold Discovery located within the Motagua Norte Project. The Mila prospect to date is defined over a 250 m by 600 m area of quartz outcrop, subcrop and boulder float with abundant visible gold and bonanza grade assays discovered Volcanic geologists in Central [...]
Radius Gold Inc. is pleased to announce that long term access agreements have been signed with property owners on the Company's Cirilo I exploration license, Motagua Norte project, in Guatemala. The Cirilo I exploration license was granted in September 2023 and covers an area of 13.5 km². The land access agreements will allow access to, and exploration of the high-grade Mila gold-silver prospect and nearby [...]
Radius Gold Inc. provides final results for drilling at its Tropico Project located in the Fresnillo mining district in Zacatecas. The Company completed a 1300m program of diamond drilling in 8 drillholes, with all pending assays received. Drilling defined a large gold mineralized breccia body that starts at surface and to date defined 250m down dip. Gold grades were starting to increase with depth from holes 1, 2, 3, 4 [...]
Radius Gold Inc. is pleased to announce that Minera San Julian, a wholly owned subsidiary of Fresnillo plc has paid US$171,000 to Geometales del Norte-Geonorte, a wholly owned subsidiary of Radius Gold, under the terms of the Exclusivity Agreement for the development of the Plata Verde project. This amount has been used by Radius to fund payments pursuant to the underlying option agreements with the owners of Plata [...]
Radius Gold is pleased to provide an update on drilling at its Tropico Project located in the Fresnillo mining district in Zacatecas. The Company completed an initial 1300m program of diamond drilling in 8 drillholes, with assays received for the first 7 holes. Drilling is planned to resume upon receipt of remaining assay results. Drilling in 5 holes has defined a large gold mineralized hydrothermal breccia body that [...]
Radius Gold Inc. is pleased to provide an update on exploration work conducted by JV partner, Volcanic Gold Mines, on Radius's high-grade Mila prospect in the Motagua Norte project. Highlights of the gold discoveries at the Mila prospect: Concentration of bonanza-grade and visible gold in quartz veins over a 250 x 570 m area. Continuous line rock chip sampling across mixed outcrop, subcrop, boulder fields of 34 m [...]