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Radius Samples 58.26 g/t Au and 1,937 g/t Ag over 5.1 m at Pino Zone, Guatemala
May 16, 2011 (Canada NewsWire Group) -- VANCOUVER, May 16 /CNW/ - Radius Gold Inc. (TSX-V: RD...
About this update from Radius Gold Inc.
[{"type":"text","content":"\n\n\n May 16, 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, May 16 /CNW/ - Radius Gold Inc. (TSX-V: RDU) is pleased to\n report results from the first trench on the new Pino zone at the 100%\n owned HB project located in eastern Guatemala.  Radius holds over 1,500\n sq. km. of granted concessions and concession applications in the\n region covering a virtually unexplored Tertiary volcanic belt that has\n recently been shown to host world class intermediate and low\n sulphidation silver/gold deposits.\n\n\nIn a release of May 5, 2011 Radius reported the identification of a high\n grade float boulders on the north side of the Holly ridge.  Although\n these boulders were initially thought to have travelled down slope,\n perhaps from eroded veins, the size of the quartz blocks warranted\n sampling.  A total of 18 historic and recent samples collected from the\n quartz float, returned grades from just under 1 g/t Au up to 112 g/t Au\n and over 5,600 g/t Ag, with many of the samples returning over 500\n grams per tonne silver.\n\n\nRecent trenching by Radius geological staff has revealed\n texturally-similar quartz veins in situ cutting the schistose rocks in\n the area of the boulders.  Assay results have now been received for 4\n chip samples constituting a continuous sample of 5.1 m of the vein\n exposed in the trench, which has returned:\n\n\n58.26 g/t Au and 1,937 g/t Ag over 5.1 m (including 110.28 g/t Au and\n 3,520.6 g/t Ag over 2.0 m)\n\n\nA...