Radius Gold Inc. · TSXV:RDU
Radius Gold — Investor Presentation (June 2023)
22 slides from Radius Gold's investor presentation, June 2023
Slide 1: Tropico: The next discovery in the Fresnillo District
June 2023 Tropico: The next discovery in the Fresnillo District Corporate Presentation June 2023 TSX.V:TSX.V-RDU RAK │radiusgold.com RADIUSGOLD.com
Slide 2: Forward-Looking Statements & Qualified Person
FORWARD-LOOKING STATEMENTS & QUALIFIED PERSON Cautionary Notes and Disclaimers Certain statements contained in this presentation constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are
Slide 3: Gold & Silver Discoveries in World-Class Terrain
GOLD & SILVER DISCOVERIES IN WORLD-CLASS TERRAIN MARICELA MOTAGUA NORTE Available for JV High grade gold discovery Mexico 100% Fully funded by PLATA VERDE HOLLY Drill ready Maiden Resource Fully funded by AMALIA TROPICO Resource Definition NEW PROJECT Fully funded by Fully funded by 100% Guatemala T
Slide 4: Potential Revaluation Triggers
POTENTIAL REVALUATION TRIGGERS TROPICO PLATA VERDE MEXICO AMALIA JV HOLLY JV MOTAGUA NORTE JV Mexico – Gold & Silver Mexico – Silver Mexico – Gold & Silver Guatemala – Gold Guatemala – Gold Hot spring sinter Planned drilling Resumption of Granting of permits Granting of license exploration & to mine
Slide 5: Tropico
TROPICO TROPICO New radius discovery, never previously The next discovery in the world’s greatest silver mining camp, explored or drill tested Fresnillo, Zacatecas • Constant production over 470 years – since 1554 • 4 Billion Oz Silver + Gold, Copper, Lead, Zinc • Over 30 large scale producing veins
Slide 6: Tropico
TROPICO Epithermal “hotspring” sinter and breccia pipe target • Discovered in a flat bean field (2022) • Breccia pipe and sinter • Significant scale 450m x 250m2 • Strong gold & mercury geochemistry • Same Fresnillo host rocks Proaño group limestones FRESNILLO DISTRICT • Ore deposits are majority “
Slide 7: Tropico Target
TROPICO TARGET TROPICO ROCK SAMPLES (AU) Significant gold values in rock chip samples from a sinter and breccia system Sinters are typically very low grade or barren precious metal content but can be the surface indication of a mineralized system at depth. Examples include (e.g. Waihi - New Zealand,
Slide 8: Tropico Potential Expanded
TROPICO POTENTIAL EXPANDED TWO POTENTIAL BRECCIA PIPES A CSAMT geophysical survey defined a robust resistive feature to 800m depth below the outcropping Tropico sinter and breccia pipe. The survey also identified a similar parallel feature 200m west of Tropico interpreted to be a second potential pi
Slide 9: Tropico has every indication for the potential to make a great discovery
“Tropico has every indication for the potential to make a great discovery. Located within sight of Fresnillo, the world’s most productive epithermal silver deposit. Radius team have located and secured a sinter & breccia pipe of significant scale yet to be drill tested. Access and terrain are perfec
Slide 10: Amalia Project JV
AMALIA PROJECT JV 2 • High grade gold silver drill results California • 10,250 ha land position • 67 drill holes & 23,058 m completed • Drilling 3 major structures • Resource definition TARGETS: 1 Amalia ➢ Hole AMDD19-10: Amalia 7km 1 3 km vein & breccia ➢ 44m @ 12.39 g/t Au, 309 g/t Ag California ➢
Slide 11: Amalia Long Sections
EL CUERVO LONG SECTION AMALIA LONG SECTIONS AMALIA CENTRAL LONG SECTION – Ag eq* CALIFORNIA LONG SECTION
Slide 12: Amalia Project Expansion Potential
AMALIA PROJECT EXPANSION POTENTIAL At depth / along strike / new targets / new veins Amalia Project- Plan Map Amalia Project- Cross Section Expansion Potential
Slide 13: Plata Verde
PLATA VERDE • Re-discovered after 150 years • Large scale historic mining district • Silver mantos & breccias • JV with world’s no.1 silver miner: Fresnillo plc TERMS SUMMARY • Fresnillo may acquire an option to earn 70% in Plata Verde • Exploration minimum of US$5 million within 48 months Silver ro
Slide 14: Plata Verde Summary
PLATE VERDE SUMMARY Rock Chip Sample Results Breccia Hosted Silver Mineralization Disseminated Silver Mineralization HISTORIC ROCK CHIP AVERAGE BRECCIA AVERAGE MINE SAMPLES ALL ROCKS SAMPLES BRECCIA Mina 133 168 57 262 Mojonera MinaBRECCIA Real HOSTED SILVER 122 143 17 244 DISSEMINATED SILVER MINERA
Slide 15: Guatemalan JV
GUATEMALAN JV • Advanced projects • Multiple targets • Holly project Maiden inferred resource • Motagua norte High grade gold District scale prospecting discovery Hole 27 4.57m @ 54.24 g/t Hole 30 10.68m @ 2.07 g/t Gold, 3925 g/t Silver Gold, 389 g/t Silver TERMS • Volcanic earning 60% in Holly and
Slide 16: Holly 2022 Drilling Summary
HOLLY 2022 DRILLING SUMMARY • 30 drill holes, 5008 metres • 20 holes targeting La Pena Structure • Inferred resource of 406,316 oz @ 9.57 g/t AuEq(1) • Limited or no drilling in 6 additional parallel veins (1) See slide 21 for details and technical disclosure TSX.V-RDU │ RADIUSGOLD.com 16
Slide 17: Motagua Norte Prospect
MOTAGUA NORTE PROSPECT • Prospecting discovery ~3 km long gold trend up to 692 g/t Au 320g/t 320 g/tAu A • Licence application pending grant of environmental and drill permits • Sparsely populated area of Guatemala • Formal land access agreements in place with land owners • Extensive areas of bonanz
Slide 18: Maricela Mexico
MARICELA MEXICO • World class mining district • Excellent infrastructure • Never explored or drill tested • Drill ready • Seeking JV partner RADIUS OPTION TO ACQUIRE 100% TERMS SUMMARY • Radius option to earn 100% in Maricela by paying US$1,250,000 over 36 months Majestic • $1,060,000 due at end of
Slide 19: Maricela Project
MARICELA PROJECT • Epithermal silver gold veins • Combined 2.5km of 6 major veins • Average vein width 10m • Multiple vein intersections up to 25m • High grade & disseminated targets VEIN MAPS & CHANNEL SAMPLING • Systematic chip channel samples across structures • High grade veins and wide bulk ton
Slide 20: Radius Gold Inc Corporate Structure
RADIUS GOLD INC EQUITIES – $0.87M CORPORATE STRUCTURE CASH HOLDINGS - $2.2M *as of May 29, 2023 ±15% 98.41M 6.49M 11.37M 116.28M Cdn $0.19 Cdn $18.6M (fully diluted) ISSUED SHARES OPTIONS WARRANTS FULLY DILUTED TRADING PRICE MARKET CAP MANAGEMENT MANAGEMENT & BOARD OF DIRECTORS Bruce Smith Simon Rid
Slide 21: La Peña Maiden Inferred Resource
HOLLY PROPERTY La Peña Maiden Inferred Resource Cut-off Tonnes Gold Gold Category grade AuEq above cutoff Gold (g/t) Silver (g/t) Gold (oz) Silver (oz) Equivalent* Equivalent* (g/t)* (millions) (g/t) (oz) Inferred 3.00 1.32 6.46 256 272,110 10,913,360 9.57 406,316 1.Resources estimated using a 3.0 g
Slide 22: Relentless Exploration - Great Discoveries
July 2023 RELENTLESS EXPLORATION - GREAT DISCOVERIES BRUCE SMITH CEO & PRESIDENT B S MI T H@ G O L DG RO UP . CO M +6 4 2 2 1 8 8376 3 TSX.V-RDU │ RADIUSGOLD.com