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Radius Gold Inc.
Summary
| Project: | Amalia | |
|---|---|---|
| Deposit: | Amalia | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 7/24/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-7-2019: Radius Gold Inc. announces an Exploration/Drilling Update report for its Amalia deposit at the Amalia project. Final assay results incl. 24m @ 1.14g/t Au, 16g/t Ag from 297.7m. Radius Gold has recently received final assays for all of stage two | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Smith (Internal) | |
| ABSTRACT: | Radius Gold has recently received final assays for all of stage two drilling, including the last 24m of hole AMDD19-015 which initially had not been completely sampled. (see Radius press release June 13, 2019). AMDD19-015 from 216.7 to 297.7m intersected 81m at 3.75 g/t Au and 61 g/t Ag, including 21m at 7.91 g/t Au and 65 g/t Ag, within a zone of strong silica adularia alteration, brecciation and stockwork veining. From 297.7m to the end of the hole at 322.5m (an interval of 24m) the hole transitions from vein breccia into the lower Tarahumara formation andesites which visually appeared to be un-mineralized, hence was not completely sampled. Spot control sampling of the final 24m indicated potential mineralization and the complete interval was subsequently assayed. The final 24m of hole 15 (297.7 to 322.05 EOH) assayed 1.14 g/t Au and 16 g/t Ag. Although this does not alter the main reported interval of 81m at 3.75 g/t Au and 61 g/t Ag, although the hole remains in mineralization to the end indicating subsequent drilling should be deeper and account for potential “blind” mineralization. Now that final assays have been received, Radius and Pan American have scheduled a technical meeting for early August to plan the next stage of exploration. | |
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