Business
Radius Gold Comments on Media Reports of Temporary Suspension of Mining Operations at KCA's Tambor Mine in Guatemala
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 11, 2016) - Radius Gold Inc. (TSX VENTURE:RDU) is aware of media reports in Guatemala regarding a temporary susp
About this update from Radius Gold Inc.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 11, 2016) - Radius Gold Inc. (TSX VENTURE:RDU) is aware of media reports in Guatemala regarding a temporary suspension of mining operations at Kappes Cassiday and Associates' (KCA) Tambor gold mine. Radius is awaiting clarification of the situation regarding Tambor and will provide further information as soon as possible. In 2012 Radius sold its interest in Tambor to KCA for deferred cash payments and a royalty interest in the mine's gold production. About Radius Radius has been exploring for gold in Latin America for over a decade. The Company has a strong treasury and is looking for investment and project acquisition opportunities across the globe. Please call toll free 1-888-627-9378 or visit our web site (www.radiusgold.com) for more information. ON BEHALF OF THE BOARD Simon Ridgway, President and CEO Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements which include, without limitation, statements about the Company's intention to provide further information regarding the Tambor mine when known; the Company's business strategy, plans and outlook; the merit of the Company's investments and properties; timelines; the future financial performance of the Company; expenditures; approvals and other matters. Often, but not always, these forward looking statements can be identified by the use of words such as \"estimate\", \"estimates\", \"estimated\", \"potential\", \"open\", \"future\", \"assumed\", \"projected\", \"used\", \"detailed\", \"has been\", \"gain\", \"upgraded\", \"offset\", \"limited\", \"contained\", \"reflecting\", \"containing\", \"remaining\", \"to be\", \"periodically\", or statements that events, \"could\" or \"should\" occur or be achieved and similar expressions, including negative variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially differ...