For thousands of other reports visit RSC's Mineral Intellingence Map
Radius Gold Inc.
Summary
| Project: | Amalia | |
|---|---|---|
| Deposit: | Amalia | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 12/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-12-2018: Radius Gold Inc. announces an Exploration/Drilling Update report for its Amalia deposit at the Amalia project. Drilling results incl. 26.0m @ 7.08g/t Au, 517g/t Ag from 144.35m. Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) is pleased to ann | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Smith (Internal) | |
| ABSTRACT: | Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) is pleased to announce results from the Company’s initial drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Five drill holes tested the Campamento – San Pedro structural corridor, intercepting gold mineralization in all holes with the deepest hole cutting 26m at 7.08g/t Au and 517 g/t Ag. The nine hole 1909m diamond drill program was completed by Radius and funded by Pan American Silver under a joint venture agreement (see Radius news release August 27, 2018). Three target zones (Campamento/San Pedro, Guadalupe and Dulces) were tested across a strike length of 1.8km following the trace of a large regional fault and associated splays hosting high level epithermal gold and silver mineralization. Five drill holes (AMD001 / 003 / 007 / 008 / 009) were drilled between the Campamento and San Pedro targets (Campamento Zone) defining a 650m strike length of epithermal banded veining, stockworks and multiphase breccia with significant gold and silver mineralization. A table of results is listed below. This initial drill program was designed to test the targets between 50 and 150m below ground surface. Considering the topography the drill holes cut mineralization in a range between 1988 m above sea level (asl) and 1882m asl, effectively testing the mineralization over a 100m vertical interval. AMD001 cut the zone highest in the system at 1988m asl and was still within the upper rhyolite host. AMD009 cut the system within the andesite host at the deepest level (1908m als) and recorded the best widths (26m) and highest grades with bonanza intervals, including 5m at 14.71 g/t Au and 1378 g/t Ag. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report