Business
Radius Gold Provides Exploration Update on Guatemala Projects
(TheNewswire) Vancouver, British Columbia – TheNewswir...
About this update from Radius Gold Inc.
[{"type":"text","content":"Radius Gold Provides Exploration Update on Guatemala Projects\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia –\n \n \n TheNewswire -\n \n \n November 4, 2021\n \n \n – Radius Gold Inc.\n(TSXV:RDU) is pleased to report progress from joint venture partner,\nVolcanic Gold Mines Inc., on exploration work in Guatemala.\n \n \n \n \n Holly Project\n \n \n \n The next round of drilling at Holly will focus on resource definition\nat La Peña vein system which has to date delivered high-grade and\nconsistent drill results, including recently published:\n \n \n HDD-21-017\n \n \n \n 8.83m @ 8.81 g/t Au and 355 g/t\nAg\n \n \n \n \n (\n \n \n \n Sep 9,\n2021)\n \n \n \n \n \n HDD-21-019         1.53m @ 191.8 g/t Au and 539 g/t\nAg (Oct 5, 2021)\n \n \n \n \n And\n \n 6.52m @ 11.72 g/t Au\nand 340 g/t Ag\n \n \n \n HDD-21-020         5.40m @ 4.38 g/t Au, 350 g/t Ag\n \n (\n \n Oct 5, 2021)\n \n \n \n HDD-21-023\n \n 4.58m @ 79.84 g/t Au and 5,053 g/t Ag\n \n \n (\n \n Oct 19,\n2021)\n \n \n \n \n Field crews have continued detailed mapping and sampling at Holly\nproject.  This work has identified new drill targets on splay\nstructures of the Jocotan fault where 2 large zones of mineralized\nbreccia have been mapped and are coincident with high grade soil and\nrock chip results (Figure 1).\n \n \n Volcanic plans systematic drill testing of these new targets including\nthe Jocotan splay faults and to continue testing the extensions, both\nstrike and dip, of La Peña vein system.  Assays are still pending on\ndrill holes HDD-21-024 to 028 and the samples from the detailed rock\nchip sampling of the Jocotan splay targets.  Drilling will recommence\nat Holly once outstanding assays have been received and interpreted.\n \n \n As part of the ongoing community support programs, Volcanic is\ncurrently working with the local communities around Holly to increase\nwater supply. Several wells in the region are dry and good water\nsupply is a significant issue for the local villages. In co-operation\nwith the local communities, Volcanic is working on water resource and\nhydrogeological studies and assisting with improving the water\ninfrastructure of the communities at the Holly project.\n \n \n \n Figure\n \n \n \n \n ...