'La Patriota': A New Gold Discovery by Radius in Nicaragua.Business Editors VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia--(BUSINESS WIRE)--Oct. 9, 2003 Radius radius, in anatomy: see arm. (Remote Authentication Dial-In User Service) The de facto standard protocol for authentication servers (AAA servers). Explorations Ltd. ("Radius") is pleased to announce the discovery of a new gold vein system in central Nicaragua Nicaragua (nĭkärä`gwä), officially Republic of Nicaragua, republic (2005 est. pop. 5,465,000), 49,579 sq mi (128,410 sq km), Central America. . Reconnaissance  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. chip sampling at "La Patriota" returned a best result of 81.4 g/t Au and 86 g/t Ag over a 1m chip sample, with 7 of the first 18 samples collected on the prospect returning greater than 20 g/t Au. La Patriota is located approximately 25km southeast of the high grade El Pavon Pa´von n. 1. A small triangular flag, esp. one attached to a knight's lance; a pennon. (Las Brisas Las Brisas is a town in the state of Miranda, Venezuela. ) quartz quartz, one of the commonest of all rock-forming minerals and one of the most important constituents of the earth's crust. Chemically, it is silicon dioxide, SiO2. veins, also discovered by Radius and detailed in news release NR2003-12 (September 2, 2003), and it appears to be related to the same north-south trending structural zone. To date, alteration Modification; changing a thing without obliterating it. An alteration is a variation made in the language or terms of a legal document that affects the rights and obligations of the parties to it. and gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. has been mapped and sampled along a strike length of over 1,200m. Eighteen reconnaissance chip samples were taken on three zones - north zone central zone and the south zone. A map showing the general location of the prospect in relation to the Pavon discovery is available on Radius's web site (www.radiusgold.com). Radius is presently excavating 8 hand-dug trenches at La Patriota along a strike length of 1,200m.
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Sample no. Width (m)(i) Au g/t Ag g/t
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Central Zone
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53157 1.0 33.0 100
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53158 2.0 8.4 54
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53159 1.0 81.4 86
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53160 1.0 35.4 42
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53161 2.0 0.2 2
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North Zone
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53162 2.0 32.5 30
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53163 1.0 20.6 110
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53164 1.0 14.7 135
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South Zone
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53165 0.5 2.9 44
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53166 Grab 2.9 23
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53167 1.0 0.3 12
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53168 2.5 24.2 33
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53169 1.0 0.2 3
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53170 Grab 13.7 42
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57070 2.0 4.2 11
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57071 1.0 27.4 161
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57072 Grab 0.1 7
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57073 2.0 - -
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(i) All samples are reconnaissance chip samples, not continuous
channels.
Gold mineralization is hosted by tectonic tectonic /tec·ton·ic/ (tek-ton´ik) pertaining to construction. breccia breccia: see conglomerate. breccia Coarse sedimentary rock consisting of angular or nearly angular fragments larger than 0.08 in. (2 mm). Breccia commonly results from processes such as landslides or geologic faulting, in which rocks are fractured. zones up to 5m wide cutting tuffs and ignimbrites. Quartz veins, up to 1m wide, have been mapped locally. Some artisanal workings are evident along strike but there are no indications that large scale mining has ever taken place in the area of La Patriota. Further work is planned at Patriota including additional trenching and mapping. Reconnaissance prospecting is focusing on the 25km "gap" between the Patriota and El Pavon veins which Radius regards as highly prospective for additional epithermal gold discoveries. Qualified Person Mr. Harmen Keyser, P.Geol., a Director of Radius, is the Qualified Person as defined in NI 43-101, and has verified ver·i·fy tr.v. ver·i·fied, ver·i·fy·ing, ver·i·fies 1. To prove the truth of by presentation of evidence or testimony; substantiate. 2. that the results presented in this press release have been accurately summarized from the official assay certificates provided to the Company. All samples were prepared and analysed at the CAS Labs Inc. (CAS) facility in Tegucigalpa, Honduras. CAS, based in Washington State, has provided analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. services to the gold and silver mining/exploration industries since 1989. ON BEHALF OF THE BOARD Simon Ridgway, President Symbol: TSXV-RDU Shares Issued: 30.1-million The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not take responsibility for the adequacy or accuracy of this release. |
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