 | | | Publié le 11 mai 2016 | Comments on Media Reports of Temporary Suspension of Mining Operations at KCA's Tambor Mine in Guate |
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Suite 650 - 200 Burrard Street
Vancouver, BC, Canada V6C 3L6
www.radiusgold.com
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T: 604-801-5432
F: 604-662-8829
TF: 1-888-627-9378
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RDU:TSX.V
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May 11, 2016
Radius Gold Comments on Media Reports of Temporary Suspension of Mining Operations at KCA's Tambor Mine in Guatemala
Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) is aware of media reports in Guatemala regarding a temporary suspension of mining operations at Kappes Cassiday and Associates' (KCA) Tambor gold mine. Radius is awaiting clarification of the situation regarding Tambor and will provide further information as soon as possible.
In 2012 Radius sold its interest in Tambor to KCA for deferred cash payments and a royalty interest in the mine's gold production.
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
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 included herein, other than statements of historical fact, are forward-looking statements which include, without limitation, statements about the Company's intention to provide further information regarding the Tambor mine when known; 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 Company's intention to provide further information regarding the Tambor mine when known; 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 results 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 described 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 Company will provide further information regarding the Tambor mine when known; that the Company's activities will be in accordance with its public statements and stated 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.
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Radius Gold Inc.
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EN DÉVELOPPEMENT |
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CODE : RDU.V |
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ISIN : CA7504681007 |
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ProfilIndicateurs
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Radius Gold est une société d’exploration minière d'or basée au Canada. Radius Gold détient divers projets d'exploration au Guatemala, au Nicaragua et au Perou. Son principal projet en développement est TAMBOR au Guatemala et ses principaux projets en exploration sont EL PAVON, TREBOL et LA PATRIOTA au Nicaragua, BANDERAS et HB au Guatemala, 60 MILE au Canada, TLACOLULA au Mexique et RUBI PROJECT au Perou. Radius Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 10,8 millions CA$ (7,9 millions US$, 7,4 millions €). La valeur de son action a atteint son plus haut niveau récent le 21 novembre 2003 à 2,03 CA$, et son plus bas niveau récent le 05 décembre 2008 à 0,04 CA$. Radius Gold possède 86 675 617 actions en circulation. |
| Nominations de Radius Gold Inc. |
| Projets de Radius Gold Inc. |
| Communiqués de Presse de Radius Gold Inc. |
| 14/06/2016 | Radius Gold Provides Property and Investments Update |
| 11/05/2016 | Radius Gold Comments on Media Reports of Temporary Suspensio... |
| 28/04/2016 | Radius Gold Announces Intention to Terminate SEC Reporting O... |
| 01/02/2016 | Radius Gold Provides Update on Operations |
| 23/04/2015 | Obtains Shareholder Approval of Proposed Change of Business |
| 16/04/2015 | Focus Completes Sale of Royalty on Bayovar 12 Phosphate Proj... |
| 16/04/2015 | Radius Completes Purchase of Royalty on Bayovar 12 Phosphate... |
| 26/03/2015 | Early Warning Report |
| 10/03/2015 | Focus Accelerates Purchase of 70% of JPQ, Owners of Bayovar ... |
| 10/03/2015 | Radius Gold Acquires Option on Margarita Silver Property, Me... |
| 25/02/2015 | Radius Gold provides update on proposed Change of Business |
| 07/01/2015 | Radius Gold Proposes Change of Business to Investment Issuer |
| 07/01/2015 | IIROC Trading Halt - RDU |
| 06/11/2014 | Early Warning Report |
| 02/09/2014 | Radius Commences Drilling at Blue Hill Gold Project, Idaho |
| 14/07/2014 | Radius Options Blue Hill Gold Project, Idaho From Otis Gold ... |
| 08/10/2013 | Begins Drilling at Santa Brigida Silver-Gold Project, Mexico |
| 24/05/2012 | Extends Warrants |
| 03/12/2011 | Radius Gold Announces Shareholder Approval for Spin-Out |
| 13/07/2011 | Defines Anomalous Au-Hg-Sb-As-Tl in Soil/Stream Sediment Sam... |
| 07/07/2011 | Completes $3.66 Million Private Placement |
| 06/06/2011 | Drilling has commenced at Radius' Sixty Mile Project, Yukon ... |
| 27/05/2011 | Plans Spin Out of Yukon Assets |
| 16/05/2011 | Samples 58.26 g/t Au and 1,937 g/t Ag over 5.1 m at Pino Zon... |
| 12/04/2011 | Exploration Underway at Radius' Sixty Mile Project, Yukon Te... |
| 01/11/2010 | Exercises Option on Sixty Mile Claims, Yukon |
| 09/05/2008 | Starts Drilling in Nicaragua |
| 07/04/2008 | Provides an Exploration Update |
| 14/11/2007 | Acquires Sediment-Hosted Gold Project in Peru |
| 17/10/2007 | Update on Nicaragua Exploration Programs |
| 25/09/2007 | Commences Exploration at the Rubi gold - silver Property, Pe... |
| 30/08/2007 | President, Simon Ridgway, Interviewed by WallSt.net |
| 28/08/2007 | signs option to acquire the Rubi gold - silver property, Per... |
| 29/05/2007 | announces initial sampling results from its Trébol property,... |
| Publication de commentaires terminée |
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