Radius Gold Inc V.RDU

Alternate Symbol(s): RDUFF

Metals & Mining Gold

Radius Gold Inc. is engaged in the acquisition and exploration of mineral properties and investment in companies, which hold mineral property interests. It has a portfolio of projects located in Mexico and Guatemala. Its projects include Plata Verde Project, Amalia Project (including the Palmillas Property), Holly Project, and Motagua Norte Project. The Plata Verde Project is located north of the Company’s Amalia Gold-Silver project and east of the Batopilas silver mining district. The Amalia Project is comprised of about 9,794 hectares (ha) located in the Sierra Madre gold belt in the State of Chihuahua, Mexico. The Holly property straddles the regional Jocotan Fault which forms part of the Motagua Suture Zone, about 400 kilometers (km) long by up to 80 km wide deformation zone that separates the North American and Caribbean plates. The Holly project is under a joint venture agreement with Volcanic Gold Mines. The Motagua Norte project has about 86 square kilometers land position.

TSXV:RDU - Post by User

Radius Gold Inc

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Post by loonietuneson Dec 23, 2020 8:15am

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Post# 32167724

Property acquisition

Radius Gold agreement for Amalia property

2020-12-23 00:12 ET - Property Agreement

Further to the bulletin dated Dec. 12, 2018, the TSX Venture Exchange has accepted for filing documentation pertaining to an additional share issuance pursuant to an option agreement dated June 13, 2017, between Geometales del Norte-Geonorte S.A. de C.V., a wholly owned subsidiary of Radius Gold Inc., and optionors Rodolfo Chavez Rocha, Laura Pilar Chavez Gomez and Rodolfo Chavez Gomez. The company has the option to acquire a 100-per-cent interest in the Amalia property, situated in the state of Chihuahua, Mexico.

As part of the year 4 consideration, the company will issue $5,000 (U.S.) of shares equal to 30,495 shares.

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