2018 Radius Gold completes initial drilling at the Amalia and Coyote Gold Projects
news release
November13, 2018
Radius Gold completes initial drilling at the Amalia and Coyote Gold Projects
Vancouver, Canada: Radius Gold Inc. (TSX -V: RDU) is pleased to announce that the Company has
completed initial drill testing at both the Amalia Gold-Silver Project in Mexico and at the Coyote Gold
Project in Nevada.
Radius’s high-grade gold-silver Amalia Project is located in Chihuahua, Mexico. A nine hole, 1909m
diamond drill program has been completed by Radius and funded by Pan Americ an Silver under a joint
venture agreement. Four different target zones (Campamento, Guadalupe, San Pedro and Dulces) were
tested across a strike length of 1.8km following the trace of a large regional fault and associated surficial
epithermal gold and silver mineralization. Mineralized intervals from each hole have been sampled and
submitted for analysis. Results are pending and will be reported once complete.
Radius’s Coyote hot spring epithermal gold project is located 35km north of Elko, Nevada. In a short ,
cost-effective program, Radius has drilled 977m in five reverse circulation drill holes to test for increased
gold values at depth beneath brecciated surficial sinter deposits . Several zones of wide epithermal clay,
silica and pyrite alteration were intersected in the drilling. Selected intervals have been sampled and
submitted for assaying and results will be reported once analysis is complete.
Technical Information
Bruce Smith , M.Sc. (Geology), a member of the Australian Institute of Geoscientists, is Radius’s
Qualified Person as defined by National Instrument 43- 101 - Standards of Disclosure for Mineral
Projects. Mr. Smith prepared and approved the technical information contained in this news release.
Radius Gold Inc.
Radius has a portfolio of projects located primarily in the United States and Mexico which it continues to
advance, utilizing partnerships where appropriate in order to retain the Company’s strong treasury. At the
same time, management is seeking out additional investment and project acquisition opportunities across
the globe.
ON BEHALF OF THE BOARD
Simon Ridgway
President and CEO
-2-
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: [email protected]
Website: www.radiusgold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain statements contained in this news release constitute forward- looking statements within the meaning of
Canadian securities legislation. All statements inclu ded herein, other than statements of historical fact, are
forward-looking statements which include, without limitation, statements about the results of exploration work at the
Amalia Project and Coyote Project ; the Company’s business strategy, plans and outlook; the merit of the
Company’s investments and properties; timelines; the future financial performance of the Company; expenditures;
approvals and other matters. Often, but not always, these forward looking statements can be identified by the use of
words such as “estimate”, “estimates”, “estimated”, “potential”, “open”, “future”, “assumed”, “projected”,
“used”, “detailed”, “has been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”,
“containing”, “remaining”, “to be”, “periodically ”, or statements that events, “could” or “should” occur or be
achieved and similar expressions, including negative variations.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be materially different from any results,
performance or achievements expressed or implied by forward- looking statements. Such uncertainties and factors
include, among others, the results of exploration work at the Amalia Project and Coyote Project ; changes in general
economic conditions and financial markets; the Company or any joint venture partner not having the financial
ability to meet its exploration and development goals; risks associated with the resul ts of exploration and
development activities, estimation of mineral resources and the geology, grade and continuity of mineral deposits;
unanticipated costs and expenses; and such other risks detailed from time to time in the Company’s quarterly and
annual filings with securities regulators and available under the Company’s profile on SEDAR at www.sedar.com.
Although the Company has attempted to identify important factors that could cause actual actions, events or results
to differ materially from those d escribed in forward -looking statements, there may be other factors that cause
actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of
management, including but not limited to: that the exploration activities at the Amalia Project and Coyote Project
will advance as planned; that the Company’s activities will be in accordance with its public statements and sta ted
goals; that all required approvals will be obtained; that there will be no material adverse change affecting the
Company or its investments or properties; and such other assumptions as set out herein. Forward- looking
statements are made as of the date hereof and the Company disclaims any obligation to update any forward- looking
statements, whether as a result of new information, future events or results or otherwise, except as required by law.
There can be no assurance that forward- looking statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, investors should not place
undue reliance on forward-looking statements.