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Radius Gold Inc V.RDU

Alternate Symbol(s):  RDUFF

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

Comment by nozzpackon Oct 19, 2021 6:38pm
131 Views
Post# 34024818

RE: 1.25m @ 289.50 g/t Au and 18,329 g/t Ag = 30 000 Dollar

RE: 1.25m @ 289.50 g/t Au and 18,329 g/t Ag = 30 000 Dollar Have never seen an intercept that was over 9 ounces of gold and 300 ounces of silver per ton.

The Pena vein is now demonstrated to extend down to 205 meters and getting richer with depth and towards the south .

For most precious metals, grades increase through the basement lodes and here that is not only true but at grades that may be even richer going deeper..

At these very high grades, It does not take much volume of ore to reach 1 million ounces .

For example , 200 m by 40 m thick and 30 m wide with a SG of 2.5 tons per cu m is 600,000 tons seems to be ball parking the current drilled extent .

Assume 50% dilution, and 5 ounces per ton and voila 1,5 million ounces
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