Radius Gold Inc., a natural resource property exploration company, is engaged in acquisition and exploration of mineral properties located primarily in Central America. Properties The company holds interests in properties in Guatemala, Nicaragua, and Mexico. Guatemala Southeastern Guatemala As of April 11, 2014, the company held a 100% interest in 34 concessions (1 reconnaissance application, 3 exploitation applications, and 30 exploration applications) located in southeastern Guatemala. Pyramid Hill, M28, and Holly Prospects: The Pyramid Hill prospect is a northwest-trending, subvertical brittle fault with associated mineralized cataclastic breccias and veins. The Holly zone is spatially associated with the east-west trending Jocotan continental wrench fault, approximately 9 kilometers west-northwest of the Pyramid Hill prospect. El Zapote Prospects: The El Zapote Zone is located approximately 1 kilometer southwest of the Pyramid Hill zone and consists of a northwest-trending stockwork zone exposed along a ridge and a southwest-facing cliff. The stockwork zone consists of centimetre-scale epithermal quartz-chalcedony veins and veinlets hosted in felsic volcanic and volcaniclastic rocks. Geothermal Licenses The company has revisited its hot spring database for Guatemala. A provisional use permit is granted on 15,300 hectares. Significant Events In July 2014, Radius Gold Inc. announced that it has signed an agreement for the right to acquire a 70% interest in the Blue Hill Gold Project from Otis Gold Corp. In March 2015, Radius Gold Inc. has acquired an option to earn a 100% interest in the Margarita Silver Project in the state of Chihuahua, Mexico. The Margarita Property consists of two mining exploration licenses comprising a total of 125 hectares and located approximately 115 km NW of the historic silver mining city of Parral, Chihuahua, in the Mexican Silver Belt, one of the most productive silver camps in the world. Mexico Tlacolula Property: The Company owns a 100% interest in the Tlacolula Property which consists of one granted exploration concession covering 12,642 hectares. The Tlacolula Property is located 14 kilometers east-southeast of the city of Oaxaca.
radius gold inc
(RDU:TSX Venture Exchange)
200 Burrard Street
Vancouver, BC V6C 3L6
|No competitor information is available for RDU.|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
To contact RADIUS GOLD INC, please visit www.radiusgold.com. Company data is provided by Capital IQ. Please use this form to report any data issues.