Business
Radius to Drill Test High Grade Silver Discoveries in Eastern Guatemala
Radius to Drill Test High Grade Silver Discoveries in Eastern Guatemala
About this update from Radius Gold Inc.
[{"type":"text","content":"\n\n\n\n Oct. 18, 2010 (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, Oct. 18 /CNW/ - Radius Gold Inc. (TSX-V: RDU) is pleased to\n announce that drilling will commence shortly at its HB silver/gold\n projects in eastern Guatemala.  Radius discovered and drilled these\n projects with a series of shallow holes between 2002 and 2003 when the\n silver and gold spot prices were close to their record lows.  However,\n recent discoveries in the region - including Tahoe Resources Inc.'s\n world class Escobal silver deposit - have highlighted the potential of\n eastern Guatemala and therefore Radius has re-focused its Central\n American exploration on the region.\n\n\nWork resumed several months ago with a review of the regional data base\n of stream sediment sampling and prospecting that Radius has built over\n several years in Guatemala.  This review has led to several concession\n applications being presented to the ministry of mines covering strong\n silver-lead-zinc anomalies.  Radius is waiting for the granting of\n these concessions to do follow-up work.\n\n\nWithin the granted concession (HB property) work has also lead to the\n discovery, or in some cases re-discovery, of some very high-grade\n silver veins within the large HB epithermal system.   The silver\n results are focused on the Pyramid Hill zone, a 3 kilometer long vein\n zone that has returned some encouraging drill intercepts at shallow\n depths in previous programs.\n\n\nAlteration S...