Radius Gold Inc. drills deeper at Banderas property, Guatemala

About this update from Radius Gold Inc.

[{"type":"text","content":"\n\n\n\n Feb. 3, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, Feb. 3 /CNW/ - Radius Gold Inc. (TSX-V: RDU) is pleased to\n report that diamond drilling is continuing on the HB property in\n Guatemala with hole 10 presently underway. To date all holes have\n targeted the Pyramid Hill Zone, a >3km long north - south trending\n structural corridor that hosts broad zones of gold/silver bearing\n quartz veins, vein breccias and quartz vein stock work zones. \n\n\nPrevious work along this corridor, which included trenching and shallow\n drilling, returned mixed results. The objectives of the current drill\n program are to firstly test below the previous mineralized drill\n intercepts along this structural corridor, and secondly to test the\n zone substantially deeper (200-500m) than any previous drilling.\n\n\nThe results of the first seven holes, all of which were drilled to\n explore down dip of historic intercepts, have been received and they\n are in line with previous drilling, with a best intersection of 6.1m @\n 2.4g/t Au + 79g/t Ag from 82.9m downhole in hole 1. This hole targeted\n 50m below hole 22, the last hole of the 2002/2003 drill program which\n returned 6.7m @ 3.9g/t Au + 69.8g/t Ag (see Radius Explorations news\n release dated April 13, 2004).\n\n\nAll of the 2010 holes cut a consistent, wide mineralized structure, with\n a quartz vein stock-work in the hanging wall, a central vein or vein\n breccia zone before passing through a well defined footw...

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