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Radius Gold Defines High Grade and Bulk Tonnage Drill Targets at Maricela, Mexico
(TheNewswire) Vancouver, Canada – TheNewswire - ...
About this update from Radius Gold Inc.
[{"type":"text","content":"Radius Gold Defines High Grade and Bulk Tonnage Drill Targets at Maricela, Mexico\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, Canada –\n \n \n \n \n TheNewswire -\n \n \n \n \n June 9, 2021\n \n \n \n \n -\n \n \n \n Radius Gold Inc.\n(TSXV:RDU)\n \n \n (OTC:RDUFF)\n \n \n is\npleased to announce that recently completed rock sampling at Maricela\nproject has identified both high grade gold-silver vein targets and\nwide (up to 25m) stockwork and breccia zones. The combination of\nmultiple intersecting vein systems, with mineralized stockworks on the\nvein margins, result in large breccia and stockwork zones at the vein\nintersections and compelling drill targets.\n \n \n \n \n Highlights from recent rock chip continuous sampling\ninclude:\n \n \n \n \n 3m at 4.46 g/t Au and 1335 g/t Ag - Baby Gloria\nVein\n \n \n \n \n 6m at 1.03 g/t Au and 417 g/t - Ag Central Vein\n \n \n \n \n 25.3m at 0.31 g/t Au and 62 g/t Ag - (intersecting\nveins)\n \n \n \n \n Maricela Project\n \n \n \n \n The Maricela project is located in the State of Sonora,\nMexico, 18km south of the giant Cananea copper mine. The property has\nnever been drilled or systematically explored. Maricela has a number\nof pits and underground mine workings where historically high grade\nmaterial was mined in the 1950’s and 1960’s and shipped to a\nprocessing plant in Cananea. The project has excellent infrastructure,\nwith good road access and internal roads, nearby power, water and low\nrolling terrain.\n \n \n \n \n Maricela Mineralization\n \n \n \n \n The project hosts an epithermal silver & gold\nmineralized vein system extending approximately 1.5km long by 300m\nwide, within which occurs multiple veins, stockworks and breccias\nwhich at intersections have exposed widths +25 meters. Recent mapping\nand sampling (273 rock chips) identified 6 major veins with combined\nstrike approximately of 5km.\n \n \n \n \n The main vein\n \n \n Virgin de Plata\n \n \n strikes NW-SE and has been\ndefined for approximately 1km. Virgin de Plata is intersected by at\nleast 5 veins (striking NE-SW) forming a horse tail structure of\nintersecting veins. The veins are generally 1 to 3m of massive quartz\nwith mineralized stockworks and brecciated veins selvages, extending\ncommonly +10m across the vein zones. At intersections, larger\nst...