Business
Radius Gold Commences Maiden Drilling Program at its Tropico Project
(TheNewswire) Vancouver, British Columbia - TheNewswire - September 11, 2023 - ...
About this update from Radius Gold Inc.
[{"type":"text","content":"Radius Gold Commences Maiden Drilling Program at its Tropico Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia -\n \n \n TheNewswire - September 11, 2023 -\n \n \n Radius Gold\nInc.\n \n \n (TSXV:RDU)\n \n \n (“\n \n \n Radius\n \n \n ” or the “\n \n \n Company\n \n \n ”) is\npleased to announce the commencement of drilling at its Tropico\nProject located in the\n \n \n Fresnillo mining district\nin Zacatecas, Mexico.\n \n In the past few months, the Company has\ndefined targets and completed all preparations to commence drilling on\nthis compelling epithermal gold-silver system.\n \n \n \n \n \n Highlights\n \n \n \n \n \n Tropico is a gold mineralized “hot spring type” sinter and breccia\npipe system\n \n \n \n \n Radius plans a 2000m drill program\n \n \n \n \n Targeting a Fresnillo-style high grade precious metal mineralized\nsystem at depth below an outcropping sinter and breccia pipe\n \n \n \n \n \n Also targeting bulk minable, near surface gold\nmineralization hosted within the outcropping 450m x 200m breccia\npipe\n \n \n \n \n \n Tropico target has never been explored or drill-tested by another\noperator\n \n \n \n \n \n \n \n President & CEO\nBruce Smith commented:\n \n \n “\n \n \n The Radius team is excited\nto have drilling\n \n \n underway at\nTropico. We have been chasing this target for several years and now we\ncan finally drill-test it. Fresnillo is one of the world’s greatest\nepithermal systems and to have optioned a gold bearing sinter and\nbreccia pipe target within this district that has not yet been drill\ntested is remarkable.\n \n \n ”\n \n \n \n \n About the Tropico Target\n \n \n \n \n \n The Tropico target\n \n \n \n is defined by\nsurface mapping and geochemical sampling outlining a sinter and\nsilicified breccia pipe with a strong gold mercury arsenic antimony\ngeochemical signature (see news release, March 21, 2023). The Tropico\ngold system is roughly oval shaped, 450m long by 250m wide orientated\nNNE. A CSAMT survey defined a coherent resistive feature that\nprecisely matched the surface geology, defining a robust pipe shaped\ntarget that starts at surface directly below the outcropping\nsilicification and extends to 800m depth at the ...