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TSX.V-RDU │ radiusgold.comMarch 2019
GOLD – SILVER EXPLORERS IN NORTH AND CENTRAL AMERICA
Focused on high grade epithermal deposits of Nevada and the Sierra Madre Gold- Silver Belt
Amalia Project in Mexico, our latest drill discovery reported:
26m at 7.08 g/t Au and 517 g/t Ag
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Cautionary Notes and Disclaimers
Certain statements contained in this presentation 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 may include, without limitation, statements about the Company’s plans for its investments and properties; 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, 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 expectations 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, 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.
Under the terms of NI43-101, Bruce Smith, M.Sc., MAIG. is Radius' Qualified Person.Mr. Smith holds B.Sc. and M.Sc. degrees in geology from Otago University, New Zealand, and MEng degree water and environmental resources from the IHE, Delft, Netherlands. He has been involved in mineral exploration since 1992, working mostly in precious metal deposits, but also copper, base metals, iron, lithium, uranium and mineral sands. Mr. Smith has worked throughout the world on a large variety of projects including in Africa, Europe, Asia, the Pacific, and North and South America, and speaks Spanish fluently. Mr. Smith is a member of the Australian Institute of Geoscientists (No6848) and a "Qualified Person" in accordance with National Instrument 43-101, and has reviewed and takes responsibility for the technical information contained in this presentation.
Forward-Looking Statements & Qualified Person
TSX.V-RDU │ radiusgold.com
Focused on world class mining districts, Sierra Madre
Gold Belt and Nevada
Significantly invested & experienced board &
management team
Well funded
High grade and high quality exploration project pipeline
Proven Track Record discovering mines and financing
exploration
#1
$
• Define more high grade ore
• Drill for resource definition
• Advance Rambler project to drill stage
• District scale projects
• High grade gold and silver pipeline
• Low cost, boots on the ground
• Increase investor awareness
• Flexible investment strategy
• Bald Peak, Nevada permit and drill or JV
• Guatemala, first class assets for future, funding
through partnerships.
• Expand portfolio of Equity and Royalty holdingsPortfolio
Amalia
Mexico
Corporate
Strategy
Cash 2M
Issued Shares 86.75M
Options 4.85M
Warrants 0
Fully Diluted 91.60M
Trading Price $0.11
Market Cap Issued
Cdn $9.54M
Management ±13% (fully
diluted)
Company # of Shares Value (CAD)
CROPS Inc. 6,764,027 $237,000
Fortuna Silver Mines Inc. 239,385 $1,065,000
GrowMax Resources Corp. 1,200,000 $108,000
Medgold Resources Corp. 10,126,500 $1,316,000
Metalla Royalty and Streaming Ltd 166,700 $133,000
Rackla Metals Inc. 3,973,275 $358,000
Southern Silver Exploration Corp. 1,259,500 $264,000
Volcanic Gold Mines Inc. 3,222,883 $145,000
War Eagle Mining Company 233,781 $19,000
TOTAL 27,186,051 $3,645,000
Equity HoldingsShare Structure
Royalty HoldingsTambor Gold Mine (Kappes, Cassiday & Associates), Bayovar 12 Phosphate (CROPS Inc.), Tlacolula Property (Fortuna Silver)
Corporate Snapshot(as of January 18th, 2019)
Experienced Board and Management
Simon RidgwayCEO
• 35 years experience of exploration and mining company management
• A founder and the Chairman of Fortuna Silver Mines (TSX and NYSE)
• Founder and CEO of MedgoldResources and CROPS Inc.
Bruce SmithExploration Manager
• 25 years experience of exploration and resource definition
• Discoveries in Guinea Argentina Guatemala Nicaragua
• Fluent in Spanish, operations and community specialist
Bradford CookeDirector
Mario SzotlanderDirector
William KatzinDirector
Rodrigo MatiasChief GeoMexico
• 43 years experience of exploration and mining
• Discoveries of uranium in Labrador, Au W in B.C., Au in Suriname, Ag in Mexico
• Founder of CanarcResource and Endeavour Silver (TSX and NYSE)
• 35 years experience in directing Latin American mining and exploration projects
• Director of Endeavour Silver Corp. (TSX and NYSE) and Fortuna Silver Mines Inc. (TSX and NYSE)
• 33 years Certified Public Accountant (Canada) practice as partner with Vancouver firm of Chartered Accountants
• Bachelor of Commerce and Law degree from University of Cape
• 30 years experience of prospecting and discovery in Mexico, Central America
• Initial prospecting discoveries of Escobal, Trebol, Cerro Blanco, Navidad, Tambor, Holly Banderas, Amalia, Rambler and more
Exploration Projects
Bald Peak Project, Nevada, USALarge regional Au-Ag project covering ~14 km2 volcanic complex, Au-rich sinters and epithermal veins over a 6 km trend
Amalia Project, MexicoEpithermal Au-Ag project covering 9558 haRecent high grade drill intercept;AMD009 26m at 7.08g/t Au and 517 g/t Ag
Rambler Project, MexicoEpithermal high-grade Au-Ag target with veins and breccias outcropping across 9 km trend
Holly-Banderas Gold-Silver ProjectHigh grade advanced Ag-Au epithermal target located in Guatemala near the +500 Moz Ag Escobal Mine.
Amalia and Rambler Projects Sierra Madre Gold Belt, Mexico
One of the best exploration environments in the world
Historic production estimated: 40Moz Au and 2Boz Ag
New discoveries in last 20 years estimated: 33Moz Au and 1Boz Ag
Major Mines and DepositsDolores – Pan American SilverMulatos – Alamos GoldLa India – Agnico EaglePinos Altos - Agnico EagleOcampo – Minera FriscoOrisyvo - FresnilloEl Sauzal – GoldcorpPalmerejo – Couer D ’Alene MinesAlmo Dorado – Pan American SilverSan Julian – FresnilloGuanacevi – Endeavour SilverTopia – Great PantherLa Cienega - Fresnillo
• High grade epithermal Au Ag system in world class district
• No previous exploration
• Initial drilling program confirms high grade discovery
• Multiple drill intercepts over 700m strike and open
• Mining friendly communities
• Regional property covers 10,000 hectares
• Pan American Silver funding drilling and cash payments to earn initial 65%
Amalia Project
Amalia Drill Program and Discovery
11.25 g/t Au & 478 g/t Ag
• Initial 9 hole 1909 m program completed Nov 2018• 3 target zones tested across 1.8 km zone of veins and splays• 5 holes target the San Pedro zone and result in discovery across 700 m strike
Table 1. Drill results for San Pedro Zone
Amalia Bonanza Grade Zone AMD-009
11.25 g/t Au & 478 g/t Ag
11.2 Au478 Ag
12.8 Au1310 Ag
16.3 Au2300 Ag
17.3 Au2160 Ag
15.8 Au644 Ag
Includes bonanza interval 165 m to 170 m with 5m at 14.71 g/t Au and 1378 g/t Ag (depicted)▪ Intense silicification, with multi-phase veining and brecciation▪ Breccia clasts are internally brecciated and veined▪ Abundant visible electrum
165.4m
170.4m
Amalia long-section
Amalia Potential• High grade gold and silver mineralization outcrops at intervals vertically at least 600 m below San Pedro
• Similar style epithermal mines (e.g. Palmerejo, Pinos Altos, La Cienga) located in the same regional volcanic belt have ore zones occurring over vertical intervals +600 m
• High level colloform and chalcedonic textures at Campamento indicate depth potential.
• Radius has tested a limited part of the system and intends to follow the high-grade along strike and to depth in Phase II drilling.
Rambler Project – Chihuahua, Mexico
11.25 g/t Au & 478 g/t Ag
▪ New discovery of high grade Au Ag (plus Cu Pb Zn) epithermal veins stockworks and breccias
▪ Located in the world class Sierra Madre Gold Belt, 20 km NW of Radius’s Amalia project
▪ 9,600-hectare property
▪ Multiple Au Ag occurrences along 6km trend
▪ 100% Radius (new staking)
Vein breccia chip 7.3 g/t Au and 469 Ag
Rambler Silver and Gold
11.25 g/t Au & 478 g/t Ag
Rambler Discovery Outcrops
11.25 g/t Au & 478 g/t Ag
Machomera discovery outcrop Fe rich “breccia – vein” 2m at 1.55 g/t Au and 274 g/t Ag
Saucito silver rich vein stockwork outcrops over 70m wide in creek bed.
1m
1m
Bodie-Aurora-Borealis district estimated production of >3 Moz at over 10 g/t
Bald Peak Project, Nevada - California
Bald Peak ProjectHighlights
• Over 6 km strike length of gold bearing sinters, breccias and quartz-adularia veins
• Sinters and best vein targets not drill-tested
• High grade veins around sinters
• 1200 m deep large resistive body extending below large sinter
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• Extensive chalcedonic sinter with near vertical veins and mild brecciation
• 1.5 m chip channel sample running 272 ppb Au
• Highest grade sinter sample 1.91 g/t Au, contains reed casts
Bald PeakGold Rich Sinters
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• High-grade multiphase vein float around sinter up to 8.12 g/t Au
• Resistive body extending over 1200 m below the outcropping brecciated sinter
• Resistive body proposed to represent veining and silicification of feeder structure
Bald PeakHilton Springs Target
• NE trending thick outcrop of parallel quartz veins and vein breccias hosted in trachyandesite
• Surrounded by multiple veins and anomalous soil and rock geochemistry
• 2 m chip-channel sample averaging 3.19 g/t Au, 381 ppm, As, 145 ppm Sb
• Grab sample 5.36 g/t Au
• Associated with ~2 km NE trend of anomalous gold in soil geochemistry
5.36 g/t Au
Bald PeakGreat Wall Target
• Anomalous soil geochemistry along 6 km strike length
• Au up to 1240 ppb, Sb up to 358 ppm, As up to 1265 ppm, Hg up to 229 ppm
Bald Peak Project
Holly-Banderas Project, Guatemala
• Located in terrain with world class gold silver deposits
• Geologic setting similar to the Escobal deposit (+500 Moz Ag)
• High-grade mineralization• Surface results to 343 g/t
Au and 10,300 g/t Ag• Drill results to 6.00 m @
43.56 g/t Au and 1,618 g/t Ag
• Large robust and favorable alteration signature
• Multiple un-tested drill targets
Holly-Banderas Location and Geology
Holly BanderasRadius Gold
Cerro BlancoBluestone
1.3 Moz @ 10.2 g/t Au
EscobalPan American+500 Moz Ag
Holly-Banderas Drilling SummaryBanderas Significant Drill Results
Exploration by several operators since 2002:
2,153 m RC drilling (14 holes)6,985 m diamond drilling (49 holes)
Extensive high grade but shallow drill intercepts
Focused drilling on just two areas
Majority of drilling less that 150 m
Multiple targets un-drilled including high grade veins discovered post drilling
Holly Significant Drill Results
Holly-Banderas Drilling Summary
HDD001 at 37 m depth37 g/t Au & 1658 g/t AgOxidised sulphide rich veining.
BDD007 at 79 m depth7.5 g/t Au & 52 g/t AgQuartz vein breccia
HDD005 at 21 m depth22 g/t Au & 697 g/t AgOxidised clay altered breccia with sulphide rich quartz veining
BDD0014 at 56 m depth6.8 g/t Au & 262 g/t AgBanded quartz vein
Escobal - Holly Banderas comparison
The stratigraphy at Holly-Banderas is similar to Escobal:
(1) Quaternary volcanics(2) Miocene Padre Miguel Group Volcanics(3) Cenozoic Subinal Formation Sediments(4) Paleozoic Santa Rosa Group Metasediments
Holly-Banderas New Drill Targets
10 km
Pino TargetNo drillingTrench samples5.1 m @ 58.26 g/t Au 1,937 g/t Ag
Holly 15 drill holes av depth 130 mUntested at depth Pyramid Hill & M28
48 drill holes av depth 146 mLimited testing beyond 200 m
ZopoteLarge vein 5 to 10 m thick within 3.5 km long zone of intense vein stockworks.No drilling yet
Guatemala general elections June 2019New opportunity
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Royalty Holdings
TSX.V-RDU │ radiusgold.com
RoyaltyHoldings
Operator Status Asset Payment Notes
Bayovar 12,Peru
CROPS Inc. PFS-stage Phosphate 2% NSR of 70% interest (planned)
Tambor, Guatemala
Kappes,Cassiday & Associates
Suspended Gold Quarterly payments based on amount produced and price of gold
Tlacolula,Mexico
Fortuna Silver Mines Inc.
Exploration-stage
Gold, Silver 2% NSR Fortuna Silver retains the right to purchase one-half of the royalty for
US$1.5 million
MEXICO
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Contact
Corporate HeadquartersSuite 650, 200 Burrard Street
Vancouver, BC, CanadaV6C 3L6
Telephone: (604) 801-5432
Fax: (604) 662-8829 Toll Free: 1-888-627-9378
TSX.V-RDU │ radiusgold.com
