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Radius Gold intersects 81m at 3.75 g/t Au and 61 g/t Ag at Amalia Project, Mexico
(via TheNewswire) Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) / TheN...
About this update from Radius Gold Inc.
[{"type":"text","content":"Radius Gold intersects 81m at 3.75 g/t Au and 61 g/t Ag at Amalia Project, Mexico(via TheNewswire)\n \n \nVancouver, Canada: Radius Gold Inc. (TSX-V: RDU) / TheNewswire / June 13, 2019 is pleased to report results from its phase two diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Radius completed 6 diamond drill holes (total 1756m) targeting the San Pedro structural zone. The majority of assays have now been returned and new results include: \n\n\n \nAMDD19-015 assayed 81m at 3.75 g/t Au and 61 g/t Ag,\n\n\n \nincluding 21m at 7.91 g/t Au and 65 g/t Ag.\n\n\n \nAMDD19-014 assayed 28m at 2.3 gt Au and 126 g/t Ag\n\n\n \nincluding 3m at 9.85 g/t Au and 761 g/t Ag\n\n\n \nThese results confirm the down dip expansion of the high grade multi-phase gold-silver mineralization intersected in drillholes AMDD18-009 (26m at 7.08g/t Au and 517 g/t Ag Dec 4, 2018) and AMDD19-010 (44m at 12.38 g/t Au and 309.3 g/t Ag May 1, 2019), and continue to demonstrate the potential for a significant discovery at the Amalia project.\n\n\n \nPhase Two Drill Result Summary\n\n\n \nAMDD19-010 intersected 44m grading 12.38 g/t Au and 309 g/t Ag with estimated true width of 34m. Mineralization is hosted within the hanging wall of the San Pedro fault with disseminated fine black sulphides and sulphide veining commencing within rhyolitic ignimbrites, and transitioning to intense silicification, stockwork veining and brecciation.\n\n\n \nAMDD19-011 (see press release May 28, 2019) was drilled approximately 100m south of 010 and 50m below 003 (hole 003 returned 30m at 0.3g/t Au and 65 g/t Ag) targeting the San Pedro structure. Hole 011 intersected multiple zones of variable white chalcedonic stockworks, amythyst, silicification, hydrothermal breccias and diorite dykes and returned a broad zone of anomalous Au and Ag in the hanging wall of the fault, however no potentially economic mineralization was encountered.\n\n\n \nAMDD19-012 was drilled 200m south of 010 targeting the San Pedro structure approximately 50m below 008 (hole 008 returned two intervals within a 33m wide mineralized zone (1m at 2.28 g/t Au and 521 g/t Ag and 5m at 0.59 g/t Au and 571 g/t Ag). Hole 012 intersected 5m at 647 g/t Ag and 1m at 0.35 g/t Au and 140 g/t Ag within a zone of variable white chalcedonic stockworks, silicification and hydrothermal breccias. \n\...