Business
Radius Announces Results From Sixty Mile Project, Yukon
Radius Announces Results From Sixty Mile Project, Yukon
About this update from Radius Gold Inc.
[{"type":"text","content":"\n\n\n\n Nov. 16, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, Nov. 16 /CNW/ - Radius Gold Inc. (TSX-V: RDU) is pleased to\n announce results for the exploration program conducted at the Sixty\n Mile project in west central Yukon, located some 75 km west of Dawson\n City at the Canada/US border.\n\n\nThe exploration program had 2 objectives:\n\n\n\nto discover the source of the placer gold mined from the creeks draining\n the hillsides of border ridge, an area of over 100 square kilometers,\n and\n\n\nto test the strongly altered volcanic rocks that are known to exist in\n the Sixty Mile valley for epithermal gold potential.   \n\n\n\nAfter a summer conducting airborne geophysics, geological mapping and\n extensive soil sampling programs, a preliminary drill program of seven\n holes, for a total of 1,607m, tested the two target areas.  Five holes\n (DDH10-1 to 5) were drilled into the meta-sediments. Three of these\n five holes intersected gold-bearing quartz/sulfide veins and veinlets\n hosted by quartzite units in the metasediments.\n\n\nTwo drill holes (DDH10-6 &7) targeted the altered volcanics in the\n valley. Both intersected broad intervals of low grade gold\n mineralization associated with carbonate/sulfide veining in propylitic\n to argillic altered andesite. \n\n\nSignificant mineralized intercepts include:\n\n\n\n\n\n\n\nHole #\n\n\nFrom\n\n(m)\n\n\nTo \n(m)\n\n\nLength\n\n(m)\n\n\nGold \n(ppb)\n\n\n\n\nDDH10-1\n\n\n10.02\n\n\n&...