Radius Gold Inc. · TSXV:RDU
Radius Gold — Investor Presentation (June 2010)
50 slides from Radius Gold's investor presentation, June 2010
Slide 1: Leveraging Experience, Exploring For Escobal Style Targets in Guatemala
Leveraging Experience, Exploring For ESCOBAL Style Targets in Guatemala June 2010
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS CAUTIONARY NOTES AND DISCLAIMERS This presentation may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery
Slide 3: Radius Gold Inc
RADIUS GOLD INC Exploration upside from multiple drill programs in 2010 Downside underpinned by development projects 3
Slide 4: Radius Gold Inc
RADIUS GOLD INC Precious metal exploration in Central & North America Multiple drill programs planned for 2010 in Central America and Yukon Escobal district - Guatemala Sixtymile gold project in Yukon Royalty revenues pending from the Tambor gold deposit in Guatemala and the Pavon gold deposit in Ni
Slide 5: The Radius Team
THE RADIUS TEAM Simon Ridgway – President, CEO and Director Managed exploration companies in region for over 15 years Led teams that have discovered several gold deposits in Central America Experienced financier Ralph Rushton – VP of Corporate Development Business Development/Geologist 12 years with
Slide 6: Board of Directors
BOARD OF DIRECTORS Simon Ridgway – President, CEO and Director Mr. Ridgway has financed and managed several successful resource companies over the last 2 decades. He has been integral to the raising of over $300 Million between 2004-2010 from the capital markets in North America and Europe. Mario Sz
Slide 7: Share Structure
SHARE STRUCTURE Share Structure Current Shares Issued 72.9 million Options (@ $0.26-$0.70) 5.4 million Warrants 7.6 million Fully Diluted 85.9 million Trading Performance Cash & Trading Stats Cash position $2.8 million Cash position post financing $7.3 million Daily trading volume, last 3 mths 105k
Slide 8: Central American Projects
CENTRAL AMERICAN PROJECTS Holly-Banderas Au-Ag project, 100% RDU Mexico Tlacolula Ag project, JV’d to Fortuna Silver Trebol Au Mines project, JV’d to Guatemala Nicaragua B2Gold Tambor Au project, under development by KCA of Reno Exploration El Pavon Au project, under development Royalty / production
Slide 9: The Escobal District
THE ESCOBAL DISTRICT Radius holds a commanding land position in an emerging world class, epithermal gold/silver district with potential for large high grade discoveries Escobal District Radius has 139,000ha granted concessions or under application 9
Slide 10: The Escobal Deposit
THE ESCOBAL DEPOSIT Goldcorp’s Escobal Ag system hosts >315Moz Ag in resources (>20Mt @ >440g/t Ag) Initial shallow drilling low grade, but deep drilling returned high Ag grades & confirmed a world-class discovery Tahoe raising ca. $350m to develop Escobal RDU’s projects hosted by similar rocks with
Slide 11: Escobal District
ESCOBAL DISTRICT ±10,000 hectares in granted concessions ±120,000 hectares applied for 120km by road to Guatemala City HB 60km east of Escobal Radius 30km north of Cerro Blanco Escobal Tahoe Cerro Blanco Excellent infrastructure Goldcorp 11
Slide 12: The Escobal Deposit
THE ESCOBAL DEPOSIT Initial Holes Deeper drilling Source: www.goldcorp.com 12
Slide 13: Radius in the Escobal District
RADIUS IN THE ESCOBAL DISTRICT Radius holds a commanding land position 2 key projects: Banderas and Holly (the HB project) No deep drilling on either project. Early shallow drilling returned good gold-silver grades +15,000m drill program planned Major stream sediment program planned between Escobal
Slide 14: HB Targets, Guatemala
HB TARGETS, GUATEMALA Prime geological setting (Bimodal volcanics, deep seated structures) Several kms of silver/gold veins discovered on property to date Veins open for expansion in all directions Initial broad spaced drill program confirms target potential +10,000m drill program planned Gold in so
Slide 15: Holly Zone, Escobal District
HOLLY ZONE, ESCOBAL DISTRICT The Holly Zone straddles the regional Jocotan Fault Zone Gossanous road cut at Holly, tuffs host high grade Au/Ag veins Local Bonanza grades: e.g. 0.2m @ 343 g/t Au + 10,374 g/t Ag in hole HDD-005 15
Slide 16: Holly discovery road cut
Holly discovery road cut 16
Slide 17: Holly Zone, Schematic Long Section
HOLLY ZONE, SCHEMATIC LONG SECTION Shallow holes 1, 5, 6, and 7 cut narrow veins, potential near surface tension fractures Topography and geochemistry indicate an east/west target Deeper drilling to test orientation for main Escobal-type structure Tension Fracture Zone 1,120m 1km Road Cut 1,060m 14.
Slide 18: HB Targets, Guatemala
HB TARGETS, GUATEMALA Prime geological setting (Bimodal volcanics, deep seated structures) Several kms of silver/gold veins discovered on property to date Veins open for expansion in all directions Initial broad spaced drill program confirms target potential +10,000m drill program planned Gold in so
Slide 19: Banderas Area – Zones, Promising Results
BANDERAS AREA – 3 ZONES, PROMISING RESULTS Creek Zone ? ? M28 Zone 1624000 Section 1B ? Section 2B Section 1A Pyramid Hill 9m@ 12.35g/t Au + 95g/t Ag Section 2A Rat Zone ? 1623000 Zapote Zone undrilled Pyramid Hill ? Andesite flows and tuffs Zone 1622000 500m 224000 225000 226000 227000 19
Slide 20: Rhyolite dome field at Banderas
Rhyolite dome field at Banderas 20
Slide 21: Man-portable drill rig
Man-portable drill rig 21
Slide 22: Reverse circulation (RC) rig
Reverse circulation (RC) rig 22
Slide 23: Banderas Rocks
BANDERAS ROCKS Black matrix breccias Typical low sulphidation textures 23
Slide 24: Banderas – M28 Zone
BANDERAS – M28 ZONE GEOLOGICAL MODEL Typical setting for low sulphidation veins and stockworks Holes drilled to date all intersected near surface Au/Ag mineralization Deeper holes produced best results Step out hole 500m south cut 9m @12.4 g/t Au and 95 g/t Ag Further drilling required 24
Slide 25: Banderas Geological Model
BANDERAS GEOLOGICAL MODEL 25
Slide 26: Banderas Historic Drilling Sections
BHANDERAS ISTORIC B– SECTIONS ANDERAS DRILLING Section 1A Collar Intercepts BDD-005 3.5m @ 3.6g/t Au + 60g/t Ag BDD-006 2.3m @ 4.6g/t Au + 75g/t Ag BDD-018 3.7m @ 3.9g/t Au + 68g/t Ag BDD-019 2.6m @ 6.8g/t Au + 94g/t Ag Section 1B Collar Intercepts BDD-003 4.7m @ 3.2g/t Au + 115g/t Ag BDD-004 4.3m @
Slide 27: Work Program - Budget
WORK PROGRAM - BUDGET Review regional database in light of Escobal discovery Apply for additional ground over prospective target areas Continue to expand surface showings with HB properties - ongoing Drill, Drill & Drill Expand the known zones - test the untested! Budget $3 to $5 million, result-dep
Slide 28: Radius' Yukon Properties & Selected Deposits of the Tintina Gold Belt
RADIUS’ YUKON PROPERTIES & SELECTED DEPOSITS OF THE TINTINA GOLD BELT Livengood (ITH) 10 1. Donlin Creek 9 Rau (ATAC) 2. Pebble 3. Ryan Lode 60 Mile 4. Fort Knox 5. Pogo 6. White Gold 10 Mile 7. Brewery Creek 8. Scheelite Dome White Gold (UW/ Kinross) 9. Rau Snowcap 10. Livengood Radius project 28
Slide 29: Sixty Mile - Yukon
SIXTY MILE - YUKON Top of the World Highway Property has produced over 500k Oz in placer operations Au+ As in soil anomaly Magnetic 4.5 km² Au/As soil Low geochemical anomaly Radiometric Thrust Fault High Active placer mining. coarse gold, tungsten & mercury Non-glaciated – Sixtymile Road placer gol
Slide 30: Glacier Creek: Sixty Mile District
Glacier Creek: Sixty Mile District 30
Slide 31: Sixty Mile District
Sixty Mile District 31
Slide 32: International Tower Hill Mines - Livengood Project
*model taken from ITH’s summary report on the Livengood project, October 2009 International Tower Hill Mines - Livengood Project Livengood resource +13 million ounces gold deposit Thrust fault model – similar Au/As soil anomaly structural setting at Livengood Placer production starts immediately dow
Slide 33: Central American Projects
CENTRAL AMERICAN PROJECTS Holly-Banderas Au-Ag project, 100% RDU Mexico Tlacolula Ag project, JV’d to Fortuna Silver Trebol Au Mines project, JV’d to Guatemala Nicaragua B2Gold Tambor Au project, under development by KCA of Reno Exploration El Pavon Au project, under development Royalty / production
Slide 34: Trebol Gold District – Exploration Potential
TREBOL GOLD DISTRICT – EXPLORATION POTENTIAL B2Gold has an option to acquire a 60% interest in the Trebol, Pavon and San Pedro properties in Nicaragua by spending a total of $4-million on exploration Large regional-scale epithermal Au-Ag system Shallow bulk tonnage, open-pit potential –possible reso
Slide 35: Trebol Project
Systematic prospecting of high TREBOL ground & ridges in progress PROJECT 250m TREB34 Bulk Tonnage Zone Open to NE TREB004 TREB3W TREB35 TRT-032 108m @ 0.7g/t Au TR 5 11.7m @ 2.7g/t Au TRSD21 TRSD15 Trench Width (m) Au g/t TR 34 91.5m @ 0.95g/t Au TREB3W 90 1.2 TREB34 91.5 0.95 4 TREB 004 8.4 17.6 T
Slide 36: Trebol landscape
Trebol landscape SeeeoeeT
Slide 37: Exploration trench at Trebol
Exploration trench at Trebol 37
Slide 38: Central American Projects
CENTRAL AMERICAN PROJECTS Holly-Banderas Au-Ag project, 100% RDU Mexico Tlacolula Ag project, JV’d to Fortuna Silver Trebol Au Mines project, JV’d to Guatemala Nicaragua B2Gold Tambor Au project, under development by KCA of Reno Exploration El Pavon Au project, under development Royalty / production
Slide 39: Production – Royalty Projects
PRODUCTION – ROYALTY PROJECTS B2 Gold & Kappes Cassidy & Associates are advancing the Pavon and Tambor gold deposits as small scale, custom milling operations Tambor, Guatemala High grade mesothermal quartz-gold deposit in Guatemala Goldfields defined a NI 43-101 Compliant Resource in 3 zones: 57,80
Slide 40: Tambor adit
Tambor adit
Slide 41: 200-250tpd ball mill for the Tambor project
200-250tpd ball mill for the Tambor project
Slide 42: Flotation cells for the Tambor project
Flotation cells for the Tambor project
Slide 43: Central American Projects
CENTRAL AMERICAN PROJECTS Holly-Banderas Au-Ag project, 100% RDU Mexico Tlacolula Ag project, JV’d to Fortuna Silver Trebol Au Mines project, JV’d to Guatemala Nicaragua B2Gold Tambor Au project, under development by KCA of Reno Exploration El Pavon Au project, under development Royalty / production
Slide 44: Production – Royalty Projects
PRODUCTION – ROYALTY PROJECTS Pavon, Nicaragua Low sulphidation epithermal gold system, discovered by Radius in 2003, drilled under JV by Meridian Gold in 2005-2006, and then optioned to B2Gold in 2009 10,800m (71 holes) drilled by Meridian. 3 zones, 4 main veins with local bonanza grades Non-43-101
Slide 45: Pavon camp & main ridge
Main Pavon vein runs along ridge Pavon camp & main ridge
Slide 46: Other Projects / Interests
OTHER PROJECTS / INTERESTS Snowcap, Yukon Grassroots gold project in Yukon optioned to Wesgold, a private company, planning to IPO in 2010. RDU retains a 40% interest in Snowcap going forward Ten Mile, Yukon Active placer gold producing creek 70 km south of Dawson City, with significant historical p
Slide 47: Geothermal Energy in Guatemala
GEOTHERMAL ENERGY IN GUATEMALA • Radius is using its hot spring data base for Guatemala to identify potential geothermal energy resources • It has been granted 1 geothermal concession and has applied for several others • The total area granted or under application is 200,700 hectares • Management wi
Slide 48: Radius Gold Inc
RADIUS GOLD INC Focused on precious metal exploration in Central & North America Multiple diamond drill programs in the pipeline for 2010 in Central America and Yukon Escobal district - Guatemala Sixtymile gold project in Yukon Royalty revenues pending from the Tambor gold deposit in Guatemala and t
Slide 49: Radius Gold Inc
RADIUS GOLD INC Multiple drill programs planned on key targets in emerging districts Cash flow potential in 2011/2010 underpins the share price 49
Slide 50: Contacts
CONTACTS Erin Ostrom / Ralph Rushton Suite 830-355 Burrard Street Vancouver BC, V6C 2G8 Tel. 604-801-5432 Fax. 604-662-8829 Toll Free. 1-888-627-9378 info@goldgroup.com www.radiusgold.com 50