Business
Radius Gold Defines Drill Targets and Identifies Second Potential Breccia Pipe Target at Tropico Project, Zacatecas
(TheNewswire) Vancouver, B C - TheNewswire - June 7, 2023 - Radius Gold...
About this update from Radius Gold Inc.
[{"type":"text","content":"Radius Gold Defines Drill Targets and Identifies Second Potential Breccia Pipe Target at Tropico Project, Zacatecas\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 Vancouver, B\n \n \n C\n \n \n -\n \n \n TheNewswire -\n \n \n June 7, 2023 -\n \n \n Radius Gold Inc.\n \n \n (TSXV:RDU)\n \n \n (“\n \n \n Radius\n \n \n ” or the\n“\n \n \n Company\n \n \n ”) is pleased to announce progress at its Tropico project\nwhere the Company has defined a gold mineralized “hotspring type”\nsinter and breccia pipe target within the Fresnillo district,\nZacatecas, Mexico.\n \n \n \n \n In the 3 months since acquisition (see press release\ndated 21 March 2023), Radius completed geological mapping, surface\nrock chip sampling and a deep penetrating CSAMT geophysical survey to\ndefine drill targets on the Tropico epithermal gold system.\n \n \n \n \n In addition to the out-cropping Tropico sinter and\nbreccia pipe, the CSAMT survey defined a second strong resistive\nfeature, located 300m west of Tropico named Capricorn, that the Radius\ngeological team interprets to be a second potential breccia pipe\nstructure.\n \n \n \n \n Tropico Location\n \n \n \n \n The Tropico target is located 30 km northwest of\nFresnillo city, Zacatecas, Mexico. The Fresnillo mining district is\none of the world’s most productive epithermal systems and hosts the\nworld’s oldest continuously operating mines producing silver, gold,\ncopper, lead, and zinc for approximately five centuries, since 1554.\nThe district has over 150 veins, mantos and chimney deposits including\n+30 large scale ore producers and it continues to deliver new\ndiscoveries.\n \n \n \n \n CSAMT Geophysical Survey\n \n \n \n \n CSAMT geophysical surveys are a commonly used\nexploration method to define subsurface resistivity profiles up to 1km\ndepth below surface.  In epithermal systems silicified veins and\nbreccias typically stand out as a resistive high. Radius completed 4\nCSAMT sections between 1 and 1.5km long, on 100m line spacings,\ntargeting the Tropico breccia pipe (Figure 1 below).\n \n \n \n \n Tropico\n \n \n target\nis defined by surface mapping and geochemical sampling outlining a\nsinter and silicified breccia pipe with a strong gold mercury arsenic\nantimony geochemical...