Radius Gold Inc.

Published : February 11th, 2008

Metallurgical Tests on Tambor Sample Achieve Gold Recoveries of up to 98%

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Gold | Guatemala | Recovery | Utah |
======================================================================
Re: News Release - RDU - Monday, February 11, 2008
Metallurgical Tests on Tambor Sample Achieve Gold Recoveries of
up to 98%
======================================================================

Vancouver, Canada: Simon Ridgway, the President of Radius Gold Inc.
(TSX-V: RDU), is pleased to announce the results of metallurgical
testwork performed on a 90kg sample collected from underground workings
on the Guapinol South vein at Radius's Tambor gold project in Guatemala
(see press release October 22, 2007). The tests evaluated:

1. the gold head grade and recovery by gravity concentration followed
by cyanidation, and

2. the gold head grade and recovery by gravity concentration followed
by froth flotation.

The study was undertaken by Dawson Metallurgical Laboratories, Utah,
using a grind size of 80% passing 200 mesh or 75 microns.

The results were extremely encouraging and confirm the free milling,
coarse grained nature of the gold at Tambor and its amenability to
gravity pre-concentration as the principal method of recovery, followed
by either cyanidation or flotation. The sample head grade ranged from
36g/t to 40.7 g/t Au.

.. Significant coarse free gold was liberated during the initial ball
mill grind at 80% passing 92 microns, with individual grains ranging in
size from 1,560 microns to minus 34 microns

.. Grinding, gravity concentration and amalgamation, followed by NaCN
leach of slurry tails indicated a total gold recovery of 98% (head
grade 40.7 g/t Au) with 55% of the total gold recovered during
amalgamation (free gold grains), and 43% of the remaining gold
recovered by cyanidation

.. Grinding, gravity concentration and amalgamation, followed by CIL
(Carbon in Leach) indicated a total gold recovery of 97% (head grade
36.6 g/t Au), with 61% of the gold recovered by amalgamation and 36%
from carbon in leaching of slurry tails

.. Grinding, gravity concentration and amalgamation, followed by
flotation, indicate a total gold recovery of 86% (head grade 36.0 g/t
Au), with gravity concentration recovering 64% of the gold and an
additional 22% of the gold recovered by flotation of amalgamation
tailings

The test results are similar to those undertaken by Goldfields in 2003
on similar material from the Laguna Norte deposit.


Background on the Tambor Property

Radius owns 100% of the Tambor project which was discovered by Radius
in 2000 and advanced by Gold Fields through a joint venture until 2003.
The gold mineralization is classified as being of orogenic lode-gold
type. Gold Fields drill tested the Guapinol, Laguna Norte, Poza del
Coyote and Cliff zones, and a Technical Report prepared by Chlumsky,
Armbrust and Meyer LLC (CAM) of Lakewood Colorado (see Radius news
release dated December 10, 2003) outlined a 43-101 compliant resource
of 216,000 ounces of gold in inferred resources (2.55 million tonnes @
2.64 g/t Au) and 57,800 ounces in indicated resources (456,000 tonnes @
3.94 g/t Au) in three separate zones. In 2007, an underground
exploration drift and four cross cuts were completed at the Guapinol
South zone, in order to provide information on the structural controls,
continuity and grade of the high grade gold mineralization. Targets
for further exploration include two parallel east-west trending +50ppb
gold-in-soil anomalies over a 7km trend between Laguna North and
Guapinol South.

The company is looking to advance the property through a combined
development/exploration scenario with a joint venture partner.

Assay Protocol & Qualified Person

The scientific and technical information in this release was prepared
under the supervision of Mr. David Cass, Radius' Vice-President of
Exploration, who is a member of the Association of Professional
Engineers and Geoscientists of British Columbia, and a "Qualified
Person" in accordance with National Instrument 43- 101.

For further information on Radius Gold Inc., please call toll free
1-888-627-9378 or visit our web site (www.radiusgold.com).

The TSX Venture Exchange has not reviewed and does not take
responsibility for the adequacy or accuracy of this release


ON BEHALF OF THE BOARD

"Simon Ridgway"
Simon Ridgway, President

Investor relations: Ralph Rushton / Erin Ostrom
Symbol: TSXV-RDU; OTCBB-RDUFF
Shares Issued: 53.5-million

Associated File:
http://www.radiusgold.com/i/pdf/NR/NR-Feb112008.pdf
41 KB in size, approx. 9 seconds to download at 56.6Kbps

======================================================================
Copyright (c) 2008 RADIUS GOLD INC. (RDU) All rights reserved. For
more information visit our website at http://www.radiusgold.com/ or
send mailto:news@goldgroup.com
======================================================================
.
Data and Statistics for these countries : Canada | Guatemala | All
Gold and Silver Prices for these countries : Canada | Guatemala | All

Radius Gold Inc.

DEVELOPMENT STAGE
CODE : RDU.V
ISIN : CA7504681007
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Radius Gold is a gold exploration company based in Canada.

Radius Gold holds various exploration projects in Guatemala, in Nicaragua and in Peru.

Its main asset in development is TAMBOR in Guatemala and its main exploration properties are EL PAVON, TREBOL and LA PATRIOTA in Nicaragua, BANDERAS and HB in Guatemala, 60 MILE in Canada, TLACOLULA in Mexico and RUBI PROJECT in Peru.

Radius Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 17.3 millions as of today (US$ 13.9 millions, € 12.1 millions).

Its stock quote reached its highest recent level on November 21, 2003 at CA$ 2.03, and its lowest recent point on December 05, 2008 at CA$ 0.04.

Radius Gold has 86 675 617 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Nominations of Radius Gold Inc.
5/8/2007Appoints New VP Exploration
Project news of Radius Gold Inc.
8/31/2012sells Interest in Guatemala Gold Property
8/14/2012Radius Gold closes sale of Nicaraguan Projects to B2Gold
5/9/2011(Banderas)Provides Update on Eastern Guatemala Gold/Silver District
3/19/2008(San Pedro) Options Its San Pedro Gold Project to Vannessa Ventures
2/28/2008(Estrella De Oro) Provides an Update on its Nicaragua Exploration Programs
2/11/2008(Tambor)Metallurgical Tests on Tambor Sample Achieve Gold Recoveries...
10/22/2007(Tambor)Tambor Exploration Adit Returns Additional Intercept of 65.6...
9/6/2007(Tambor)Tambor Exploration Adit Returns 74.5g/t Gold over 3.4m
7/18/2007Exploration Adit at Radius's Tambor Gold Project Intersects ...
3/27/2007(Tambor)Begins Underground Exploration at Tambor
Corporate news of Radius Gold Inc.
6/14/2016Radius Gold Provides Property and Investments Update
5/11/2016Radius Gold Comments on Media Reports of Temporary Suspensio...
4/28/2016Radius Gold Announces Intention to Terminate SEC Reporting O...
2/1/2016Radius Gold Provides Update on Operations
4/23/2015Obtains Shareholder Approval of Proposed Change of Business
4/16/2015Focus Completes Sale of Royalty on Bayovar 12 Phosphate Proj...
4/16/2015Radius Completes Purchase of Royalty on Bayovar 12 Phosphate...
3/26/2015Early Warning Report
3/10/2015Focus Accelerates Purchase of 70% of JPQ, Owners of Bayovar ...
3/10/2015Radius Gold Acquires Option on Margarita Silver Property, Me...
2/25/2015Radius Gold provides update on proposed Change of Business
1/7/2015Radius Gold Proposes Change of Business to Investment Issuer
1/7/2015IIROC Trading Halt - RDU
11/6/2014Early Warning Report
9/2/2014Radius Commences Drilling at Blue Hill Gold Project, Idaho
7/14/2014Radius Options Blue Hill Gold Project, Idaho From Otis Gold ...
10/8/2013Begins Drilling at Santa Brigida Silver-Gold Project, Mexico
5/24/2012Extends Warrants
12/3/2011Radius Gold Announces Shareholder Approval for Spin-Out
7/13/2011Defines Anomalous Au-Hg-Sb-As-Tl in Soil/Stream Sediment Sam...
7/7/2011Completes $3.66 Million Private Placement
6/6/2011Drilling has commenced at Radius' Sixty Mile Project, Yukon ...
5/27/2011Plans Spin Out of Yukon Assets
5/16/2011Samples 58.26 g/t Au and 1,937 g/t Ag over 5.1 m at Pino Zon...
4/12/2011Exploration Underway at Radius' Sixty Mile Project, Yukon Te...
11/1/2010Exercises Option on Sixty Mile Claims, Yukon
5/9/2008Starts Drilling in Nicaragua
4/7/2008 Provides an Exploration Update
11/14/2007 Acquires Sediment-Hosted Gold Project in Peru
10/17/2007Update on Nicaragua Exploration Programs
9/25/2007Commences Exploration at the Rubi gold - silver Property, Pe...
8/30/2007President, Simon Ridgway, Interviewed by WallSt.net
8/28/2007signs option to acquire the Rubi gold - silver property, Per...
5/29/2007announces initial sampling results from its Trébol property,...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (RDU.V)FRANKFURT (RUG.F)
0.200+0.00%0.133-2.21%
TSX-V
CA$ 0.200
09/23 12:01 -
0%
Prev close Open
0.200 0.200
Low High
0.195 0.215
Year l/h YTD var.
0.175 -  0.395 -41.18%
52 week l/h 52 week var.
0.175 -  0.395 -16.67%
Volume 1 month var.
298,900 -11.11%
24hGold TrendPower© : 31
Produces
Develops Gold
Explores for Gold - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2022-13.04%
2021-26.98%0.360.21
202026.00%0.380.11
201992.31%0.470.09
201818.18%0.190.09
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75-1.02%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 3.28-6.82%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.60+0.67%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.11+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.13-11.98%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 6.44-8.39%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.26-7.14%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.32-5.88%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.95-10.14%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 57.69-8.60%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :