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Radius Gold Extends Drill Program on Plata Verde Silver Project
(TheNewswire) August 23 , 2024 – TheNewswire – Vancouver, British...
About this update from Radius Gold Inc.
[{"type":"text","content":"Radius Gold Extends Drill Program on Plata Verde Silver 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\n\n\n\n\n\n\n\n\n\n\n\n\n August 23\n \n\n , 2024 –\n \n\n TheNewswire –\n \n\n Vancouver, British Columbia – Radius Gold Inc. (TSXV: RDU)\n(“Radius” or the “Company”) is pleased to announce initial\nresults of the exploration program on its Plata Verde silver project\nin Chihuahua, Mexico.  Radius, in partnership with Minera San Julian,\nS.A. de C.V. (“Minera San Julian”), a wholly owned subsidiary of\nFresnillo plc (“Fresnillo”), are targeting bulk minable,\nunderground silver resources at the historic Plata Verde mines.\n \n\n\n\n The first batch of assay results from Plata Verde’s\ndrill program has been received, with the first four holes, PV-01 to\nPV-04 totalling approximately 900m in drilling, focused on the eastern\nside of the valley. These initial drill holes cut several zones of\nlow-grade silver mineralization and indicate limited potential for an\neconomic discovery in the eastern extension of silver mantos. However,\nencouraging results have been achieved on the western side of the\nvalley with drill holes PV-05 through PV-08 showing greater thickness\nof the basaltic host rock and improved visual mineralization (assays\npending).\n \n\n\n\n The most recent hole drilled, PV-09, located further\nnorthwest (Figure 1: Plata Verde Drill Program), intersected visually\nimproved results, cutting through greater width of basaltic host and\nencountering visibly the most attractive mineralization seen so far in\nthis drilling program. The improving visual results as the drill rig\nmoves west has prompted the JV partnership to extend the planned drill\nprogram, adding three additional drill holes to test the extension of\nthis target zone.\n \n\n\n\n “We are excited to continue drilling at Plata Verde,\nparticularly with the results from PV-09,” stated Bruce Smith,\nCEO/President of Radius Gold. “The decision to extend the drill\nprogram reflects our commitment to fully explore and unlock the\npotential of this project.”\n \n\n\n\n Radius Gold will continue to provide updates as the\ndrilling progresses.\n \n\n\n Figure\n \n\n 1: Plata Verde Drill Program\n \n\n\n\n\n\...