Radius Cuts 2.5m Grading 57.3 g/t Au at Pavon.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Radius Gold Inc. ("Radius") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension Venture:RDU RDU Remote Display Unit RDU Rassemblement pour la Démocratie et l'Unité (French: Rally for Democracy and Unity, Mauritania) RDU Reasonable Drivers Unanimous RDU Remote Diagnostic Unit (Bendix ABS) ) is pleased to announce the results from recent drilling at its 100% owned El Pavon project in Nicaragua. The results include best intersections of 16.8m grading 10.3 g/t Au and 5.8m grading 11.3 g/t Au from holes located 4km apart testing the same mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. structure. The Pavon vein system was recently drill tested at five sites along the 6km strike length of the Pavon South, Central and North veins. The purpose of the holes was geotechnical; to determine the general dip of the vein structures to allow proper siting of drill pads for a larger drill program which is currently being permitted by Radius. Full results from the drilling are shown in the table below and collar locations can be found on the Radius Gold web site (www.radiusgold.com). The drill results reflect the overlying overlying suffocation of piglets by the sow. The piglets may be weak from illness or malnutrition, the sow may be clumsy or ill, the pen may be inadequate in size or poorly designed so that piglets cannot escape. trench trench: see ocean. results with one important exception: PADH-1. This hole -which returned 11.3 g/t Au over 5.8m - was drilled at Pavon South where trench results have returned only modest grades. This demonstrates the potential for robust colloform banded quartz-adularia veins below weakly weak·ly adj. weak·li·er, weak·li·est Delicate in constitution; frail or sickly. adv. 1. With little physical strength or force. 2. With little strength of character. developed veining vein·ing n. Distribution or arrangement of veins or veinlike markings. at surface, and may confirm that much of the exposed 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. at Pavon South represents a high level of exposure of the epithermal system. The main implication of PADH-1 is that the entire strike length of the Pavon North and South veins must be systematically drill tested to identify the high grade ore bodies. Table 1. El Pavon drill results (rounded to single decimals). Silver assays pending ------------------------------------------------------------------- Hole Number From To Intersection (m) Au Grade (g/t) ------------------------------------------------------------------- PADH-1 29.0 40.0 11.0 6.7 ------------------------------------------------------------------- including 34.2 40.0 5.8 11.3 ------------------------------------------------------------------- PADH-2 69.2 70.0 0.8 5.8 ------------------------------------------------------------------- PADH-3 43.0 50.6 7.6 1.4 ------------------------------------------------------------------- PADH-4 50.0 52.3 2.3 1.1 ------------------------------------------------------------------- PADH-5 13.5 29.9 16.4 6.9 ------------------------------------------------------------------- including 21.6 29.3 7.6 12.5 ------------------------------------------------------------------- PADH-5b 7.6 24.4 16.8 10.3 ------------------------------------------------------------------- including 21.9 24.4 2.5 57.3 ------------------------------------------------------------------- PADH-6 52.7 64.3 11.6 2.2 ------------------------------------------------------------------- including 57.3 58.3 1.0 7.3 ------------------------------------------------------------------- PADH-7 59.4 61.0 1.6 3.2 ------------------------------------------------------------------- (i)Recovery over mineralized interval The results also demonstrate that there is little or no surface enrichment enrichment Food industry The addition of vitamins or minerals to a food–eg, wheat, which may have been lost during processing. See White flour; Cf Whole grains. of gold grades. Grades from holes PADH-5 and 6 are almost identical to the overlying trenches (TRN-1 and TRN-2) and hole PADH-1 shows a substantial increase in grades at depth. In all cases, the best gold grades are found associated with well developed colloform banded quartz adularia ad·u·lar·i·a n. A variety of transparent or translucent orthoclase. [Italian, from French adulaire, after Adula, a mountain group of southeast Switzerland.] veining. Although core recoveries were generally good in the mineralized zone, PADH-3 (49%) and PADH-5 (57%) were the exceptions. Simon Ridgway, President of Radius, said: "We're very pleased with the outcome of the drilling, particularly the high grades in hole PADH-1 on Pavon South which was drilled under some pretty low grade material. This is telling us that we need to drill test all of the mineralized structures on the property regardless of the surface gold grades. That opens up the Brisas, Manceras, Las Valles and Astrid structures and the newly discovered Jinji and Babaska zones. We believe there's a lot of scope at Pavon and look forward to commencing the first stage 25,000 metre program which gets underway later this year." Background The El Pavon low sulphidation epithermal vein system was discovered by Radius in 2003. Quartz-adularia veins are hosted by a series of intermediate to felsic fel·sic adj. Containing a group of light-colored silicate minerals that occur in igneous rocks. [fel(dspar) + s(ilica) + -ic. volcanic lavas, ignimbrites and tuffs. Radius' field teams have identified at least 6 potentially major veins or mineralized structures on the property within an area covering at least 10km by 4km. Most of the work to date has focused on the Pavon North and Pavon Central veins The central vein (or central venule)[1] is a vein found at the center of a "classic" hepatic lobule. It received the blood mixed in the liver sinusoids and returns it to circulation. References 1. . Recent rock-saw check sampling returned best results of 40.7 g/t Au over 8.35m from trench TRP-2 and 8.1 g/t Au over 16m from trench TRN-1. Qualified Person Mr. Harmen Keyser, P.Geol., a Director of Radius, is the Qualified Person as defined in NI 43-101, and has verified that the results presented in this press release have been accurately summarized from the drill data provided to the Company from the field teams. ON BEHALF OF THE BOARD Simon Ridgway, President Shares Issued: 50.6-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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