| From: Nikole Wollerstein | 10/19/2004 12:26:16 AM | | | | | | Some Ag and other metalls
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 18, 2004) - Radius Gold Inc. (TSX-Venture: RDU-V), is pleased to announce the results of recent drilling at the Columbus and Kuikuinita projects in Nicaragua.
- At Kuikuinita, Hole KUDH-7, returned 2.7m @ 774g/t Ag, 2.2g/t Au. 1.9% Cu, 12.5% Pb and 6.6% Zn. within a broader interval of 20.9m @ 0.8g/t Au, 226g/t Ag, 0.6% Cu, 3.4% Pb and 1.0% Zn.
- At Columbus, drill hole CODH-2 intersected 19.8m @ 3.1g/t Au.
Further drilling is planned for the Kuikuinita project to investigate the potential of this newly discovered polymetallic zone. No further work is planned for Columbus at the present time. Significant results for both drill programs are given in the tables below.
Kuikuinita
Kuikuinita is located in Central Nicaragua, approximately 50 km south of the Golden Triangle mining area which produced 5-million of gold hosted by polymetalic veins and skarns. Mineralization at Kuikuinita is hosted by a sequence of mafic to ultramafic volcanics cut by intermediate dykes and stocks. The prospective area covers 3km by 2km.
Sixteen wide spaced holes were drilled to test a bulk tonnage, intrusive associated gold target outlined by trenching. In addition to the polymetallic intercept reported above, the results include 12.9g/t Au over 2.8m from hole KUDH-10. This intercept is hosted by a zone of massive pyrite with anomalous Pb, Ag, Zn, and Cu. values.
The silver/gold base metal zones, although suspected from surface trenching results, are a new style of mineralization on the property. The geometry of these mineralized intercepts is not clearly understood. The Phase 2 drill program will assist in interpretation and test the strike and depth potential of the high grade zones.
Columbus
The Columbus prospect hosts Au-Cu-Ag-Mo mineralization in quartz-iron oxide and quartz-tourmaline breccia pipes and Cu-Ag disseminated in altered intrusive rocks. It is located in northeastern Nicaragua 50km northeast of the Golden Triangle mining camp. Eight holes were drilled at Columbus.
Four diamond drill holes tested the breccia pipes, and four more tested coincident IP and soil copper anomalies in the intrusive rocks, for a total of 888m. Drill hole CODH-2 tested Au mineralized quartz-tourmaline breccia and intersected 19.8m (true width approx. 15m) of 3.1g/t Au. Significant results are summarized below. |
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| To: MJ who wrote (60) | 11/19/2004 7:45:24 PM | | From: Nikole Wollerstein | | | | | price took a sharp 19 cent up-tick today, to close at C$1.69, 13% up on heavy trading volume. The cause? A mention on Report on Business TV by the noted industry commentator, Paul Van Eeden, who flagged Radius as one of his top 3 gold stock picks. ROB TV usually post recordings of their interviews on their web site www.robtv.com, although Paul's comments are not currently on the site. |
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| From: Nikole Wollerstein | 11/25/2004 3:12:45 PM | | | | | | Radius will Present at the San francisco Gold Conference November 28 at 8.40 a.m
Ralph got the best time: he is going second -
everybody will be awake but not tired yet |
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| To: ogi who wrote (11) | 4/8/2011 1:56:17 PM | | From: marcos | | | | Ridgway bought a ton of Radius over the last few months, something like 1.3m, went from holding under 2m to over 3m [from memory, it's somewhere around there]
Plus, it's cheaper now than eight and a half years ago
Still miss Liz, always will eh |
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| To: marcos who wrote (64) | 4/8/2011 6:52:15 PM | | From: ogi | | | | Simon won't waste his money and RDU has multiple avenues for further success. It has been many years for RDU, which is why the lack of dilution is impressive over that many years.
Liz , If you refer to Ms. Andrews, I did not get to know personally, but enough interaction to be puzzled and intrigued. |
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| To: ogi who wrote (65) | 4/30/2015 1:31:07 AM | | From: marcos | | | | Officially a merchant bank now - radiusgold.com
Vancouver, Canada: Radius Gold Inc. ("Radius" or the "Company") (TSX-V: RDU) is pleased to announce that the Company has received final approval from the TSX Venture Exchange (the "TSXV") for the change of its business from that of a mineral exploration issuer to an investment issuer.
Effective April 30, 2015, the Company's shares will commence trading on the TSXV as a Tier 1 Investment Issuer. There have been no changes in the Company's trading symbol or CUSIP number as a result of the change of business.
A copy of the Company's Investment Policy is available for viewing on SEDAR at www.sedar.com.
About Radius
Radius has been exploring for gold in Latin America for over a decade. The Company has a strong treasury and is looking for investment and project acquisition opportunities across the globe. Please call toll free 1-888-627-9378 or visit our web site ( www.radiusgold.com) for more information.
ON BEHALF OF THE BOARD
Simon Ridgway
President and CEO
Symbol: TSXV-RDU
Contact: Simon Ridgway
200 Burrard Street, Suite 650
Vancouver, BC V6C 3L6
Tel: 604-801-5432; Toll free 1-888-627-9378; Fax: 604-662-8829
Email: info@goldgroup.com
Website: www.radiusgold.com |
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| To: marcos who wrote (66) | 4/30/2015 8:26:26 AM | | From: ogi | | | | The right move at the right time it would seem !! Now we need a rebound in the jr sector after RDU vacuums up some more good deals !!
P.S. nice move of late for GQC, congrats. |
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| To: ogi who wrote (67) | 4/30/2015 4:59:27 PM | | From: marcos | | | | In a sector awash with garbage, there's actually quite a few quality outfits going unreasonably cheap and have pretty much certainly put in their bottoms for this cycle ... or, alright, they're only two or three more whackdowns away from them, lol
Gqc yes but look how it gets sold hard post-bounce, just ridiculous ... ktn.v same, very nice results this morning and somebody sold it to .48 right off
Radius is going to make it good on Medgold i think, not just on Focus and whatever else they pick up along the way ... i have more of these than of rdu, but plan to keep a core in it long-term, especially in opm accts where it's nice to point to an impressively cheap book value, years down the road ... they'll [rdu] be doing some financing before too very long?
Your gcu.v has fresh sedars out, must get to them over the weekend ... it's consolidating now from over a triple on where i was watching it offered at a dime in december, and never bought, aargh ... i'm loaded up on slw today, betting that its 50-day will hold as support |
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