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Radius Gold Launches Tierra Roja Online Project Tour and Highlights Nearby Porphyry Copper Discovery
(TheNewswire) February 3, 2025 – TheNewswire - Vancouver, BC – Radius...
About this update from Radius Gold Inc.
[{"type":"text","content":"Radius Gold Launches Tierra Roja Online Project Tour and Highlights Nearby Porphyry Copper Discovery\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 February 3, 2025 –\n \n\n TheNewswire -\n \n\n Vancouver, BC – Radius Gold Inc. (TSX-V: RDU)\n(\"Radius\" or the \"Company\") is pleased\nto\n \n\n launch an online tour of its Tierra Roja\ncopper project, and to announce significant progress in drill\npermitting and a new porphyry copper discovery in the vicinity that\nunderscores the potential of the region.\n \n\n\n\n A short tour of the Tierra Roja project is available\nonline at\n \n\n :\n \n\n\n\n Tierra Roja project tour\n \n\n\n\n\n\n Drill Permitting\n \n\n\n\n Radius is pleased to announce that the Company has\nacquired a water supply agreement to source sufficient water to\noperate 5 drill rigs for the next 5 years. This supply agreement has\nbeen signed off by a local magistrate and allows water trucks to\nsupply drilling operations. This is a significant step towards drill\npermitting. Further, the Company has obtained federal notification\nacknowledging that the project area has no registered or resident\ncommunity and is state owned, enabling the Company to proceed with\ndrilling and potentially mining operations without requiring community\nconsultation.\n \n\n\n\n Nearby Discovery Highlights Potential\nat Tierra Roja\n \n\n\n\n A recent porphyry copper discovery by a third party\nlocated 25 km west of Radius’s Tierra Roja project has gained\nattention. AusQuest Limited (ASX: AQD) recently announced that its\nmaiden drilling program at Cangallo Project identified a new,\nlarge-scale porphyry copper discovery, demonstrating the geological\nfertility of the region and extension north of the southern Peru\nporphyry copper belt. This discovery is situated within the same\ngeological setting as Tierra Roja and strengthens the case for\nexploration and discovery at Tierra Roja.\n \n\n\n\n Bruce Smith, CEO and Director of Radius Gold,\ncommented:\n \n\n\n\n “The Southern Peru porphyry copper\nbelt is one of the most productive copper districts on the planet.\nThere are 6 giant copper mines and several development projects which\noccur in a relatively small area of 200 x 100km along the coastal\nregions of Arequipa and Moquegua. This new dis...