Business
Radius Outlines 2011 Work program for the Rackla Belt, Yukon Territory
Apr. 13, 2011 (Canada NewsWire Group) -- VANCOUVER, April 13 /CNW/ - Radius Gold Inc. (TSX-V:...
About this update from Radius Gold Inc.
[{"type":"text","content":"\n\n\n Apr. 13, 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, April 13 /CNW/ - Radius Gold Inc. (TSX-V: RDU) is pleased to\n report that planning is well underway for the 2011 exploration program\n over its Scarlet East and West claim blocks in the Rackla Belt, in\n central Yukon and exploration is expected to start mid-year. With the\n on-going definition of this potentially world-class belt of Carlin type\n gold deposits, Radius' management regard the Company's Rackla program\n as a top priority for 2011. \n\n\nATAC has discovered a cluster of Carlin-type gold deposits and\n occurrences.  Mineralization in their Osiris Target appears to share\n many of the characteristics of Carlin-type gold deposits, including\n similar alteration assemblages and association with the low temperature\n arsenic sulphides, realgar and orpiment.  Host rocks are two, 150m to\n 250m thick limestone debris flow and turbidite units, referred to as\n the Osiris and Isis Horizons, which occur within basinal silty\n mudstones. ATAC's drilling at Osiris returned a highlight of 31.13 m @\n 9.26 g/t Au approximately 10km northwest of Radius' Scarlett East claim\n block.\n\n\nRadius' Scarlet properties consist of 550 claims in 2 blocks covering\n prospective stratigraphy along the northern and southern edges of\n ATAC's claim block. Scarlett East lies on the southeastern end of\n ATAC's claims and potentially covers the extension of the structure\n controlling the mineralisation...