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Radius Gold Announces Initial Resource Estimate of 406,316 oz at 9.57 g/t Gold Equivalent at Holly
(TheNewswire) Vancouver, British Columbia – TheNewswire - Radius...
About this update from Radius Gold Inc.
[{"type":"text","content":"Radius Gold Announces Initial Resource Estimate of 406,316 oz at 9.57 g/t Gold Equivalent at Holly\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia –\n \n TheNewswire -\n \n Radius Gold Inc. (TSXV-RDU) (“Radius” or “the Company”)\nis pleased to announce a maiden Inferred Mineral Resource Estimate for\nthe Holly property, Guatemala. The Holly project is a joint venture\noperated by partner Volcanic Gold Mines Inc (TSXV-VG).\n \n The mineral resource estimate is reported in accordance with\nthe Canadian Institute of Mining, Metallurgy and Petroleum Definition\n‎Standards (2014) incorporated by reference in National Instrument\n43-101 - Standards of Disclosure for Mineral Projects.\n \n Full\nresults tables and additional maps and geological sections are\navailable on the Radius website.\n \n \n Highlights\n \n \n \n \n A maiden Inferred Mineral Resource has been estimated for the first\ntarget,\n \n La Peña vein\n \n at the Holly project,\nGuatemala.\n \n \n \n \n The high grade\n \n La Peña vein remains open to expansion\nalong strike and importantly at depth,\n \n \n \n \n \n \n where exceptionally high grade results have been\nreturned.\n \n \n \n \n \n \n Multiple other drill targets remain un-tested at Holly\nwith potential for new discoveries.\n \n \n \n \n \n \n Table 1: Holly, Pe\n \n \n ñ\n \n \n a\nVein Resource Estimate\n \n \n \n \n (Effective date 7\n \n \n th\n \n \n June, 2022)\n \n \n \n \n \n \n \n Category\n \n \n \n \n \n \n Cut-off grade AuEq\n \n \n (2)\n \n \n (g/t)\n \n \n \n \n \n \n Tonnes above cutoff (millions)\n \n \n \n \n \n \n Gold (g/t)\n \n \n \n \n \n \n Silver (g/t)\n \n \n \n \n \n \n Gold (oz)\n \n \n \n \n \n \n Silver\n \n (oz)\n \n \n \n \n \n \n Gold Equivalent\n \n \n (2)\n \n \n (g/t)\n \n \n \n \n \n \n Gold Equivalent\n \n \n (2)\n \n \n (oz)\n \n \n \n \n \n \n \n \n Inferred\n \n \n \n \n \n \n 3.00\n \n \n \n \n \n \n 1.32\n \n \n \n \n \n \n 6.46\n \n \n \n \n \n \n 256\n \n \n \n \n \n \n 272,110\n \n \n \n \n \n \n 10,913,360\n \n \n \n \n \n \n 9.57\n \n \n \n \n \n \n 406,316\n \n \n \n \n \n \n \n Notes:\n \n \n \n \n \n \n Resources estimated using a 3.0 g/t Gold equivalent\ncut-off grade and\n \n \n a top cap grade of 100 g/t\nGold and 2,000 g/t Silver and\n \n \n presented on a\n100%-ba...