GOLD - SILVER EXPLORERS IN NORTH AND CENTRAL AMERICA - Radius ...
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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 March 2019 TSX.V-RDU │ radiusgold.com
Forward-Looking Statements & Qualified Person 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. 2 TSX.V-RDU │ radiusgold.com
Focused on world class mining districts, Sierra Madre #1 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
Strategy • Increase investor awareness Corporate • Flexible investment strategy • Define more high grade ore • Drill for resource definition Amalia • Advance Rambler project to drill stage • District scale projects • High grade gold and silver pipeline Mexico • Low cost, boots on the ground • Bald Peak, Nevada permit and drill or JV • Guatemala, first class assets for future, funding through partnerships. Portfolio • Expand portfolio of Equity and Royalty holdings
Corporate Snapshot (as of January 18th, 2019) Share Structure Equity Holdings Cash 2M Company # of Shares Value (CAD) Issued Shares 86.75M CROPS Inc. 6,764,027 $237,000 Options 4.85M Fortuna Silver Mines Inc. 239,385 $1,065,000 GrowMax Resources Corp. 1,200,000 $108,000 Warrants 0 Medgold Resources Corp. 10,126,500 $1,316,000 Fully Diluted 91.60M Metalla Royalty and Streaming Ltd 166,700 $133,000 Trading Price $0.11 Rackla Metals Inc. 3,973,275 $358,000 Market Cap Cdn $9.54M Southern Silver Exploration Corp. 1,259,500 $264,000 Issued Volcanic Gold Mines Inc. 3,222,883 $145,000 Management ±13% War Eagle Mining Company 233,781 $19,000 (fully diluted) TOTAL 27,186,051 $3,645,000 Royalty Holdings Tambor Gold Mine (Kappes, Cassiday & Associates), Bayovar 12 Phosphate (CROPS Inc.), Tlacolula Property (Fortuna Silver)
Experienced Board and Management Simon Ridgway Bradford Cooke Mario Szotlander William Katzin Rodrigo Matias Bruce Smith CEO Director Director Director Chief Geo Exploration Mexico Manager • 35 years • 43 years • 35 years • 33 years • 30 years • 25 years experience of experience of experience in Certified Public experience of experience of exploration exploration directing Latin Accountant prospecting and exploration and mining and mining American (Canada) discovery in and resource company mining and practice as Mexico, Central definition management • Discoveries of exploration partner with America uranium in projects Vancouver firm • Discoveries in • A founder and Labrador, Au W of Chartered • Initial Guinea the Chairman in B.C., Au in • Director of Accountants prospecting Argentina of Fortuna Suriname, Ag Endeavour discoveries of Guatemala Silver Mines in Mexico Silver Corp. • Bachelor of Escobal, Trebol, Nicaragua (TSX and NYSE) (TSX and NYSE) Commerce and Cerro Blanco, • Founder of and Fortuna Law degree Navidad, • Fluent in • Founder and Canarc Silver Mines from University Tambor, Holly Spanish, CEO of Resource and Inc. (TSX and of Cape Banderas, operations and Medgold Endeavour NYSE) Amalia, Rambler community Resources and Silver (TSX and and more specialist CROPS Inc. NYSE)
Exploration Projects Bald Peak Project, Nevada, USA Large regional Au-Ag project covering ~14 km2 volcanic complex, Au-rich sinters and epithermal veins over a 6 km trend Amalia Project, Mexico Epithermal Au-Ag project covering 9558 ha Recent high grade drill intercept; AMD009 26m at 7.08g/t Au and 517 g/t Ag Rambler Project, Mexico Epithermal high-grade Au-Ag target with veins and breccias outcropping across 9 km trend Holly-Banderas Gold-Silver Project High 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 Deposits Dolores – Pan American Silver Mulatos – Alamos Gold La India – Agnico Eagle Pinos Altos - Agnico Eagle Ocampo – Minera Frisco Orisyvo - Fresnillo El Sauzal – Goldcorp Palmerejo – Couer D ’Alene Mines Almo Dorado – Pan American Silver San Julian – Fresnillo Guanacevi – Endeavour Silver Topia – Great Panther La Cienega - Fresnillo
Amalia Project • 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 Drill Program and Discovery • 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 11.25 g/t Au & 478 g/t Ag
Amalia Bonanza Grade Zone AMD-009 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 170.4m 11.2 Au 478 Ag 16.3 Au 12.8 Au 17.3 Au 165.4m 2300 Ag 1310 Ag 2160 Ag 15.8 Au 644 Ag 11.25 g/t Au & 478 g/t Ag
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 ▪ 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 11.25 g/t Au & 478 g/t Ag
Rambler Silver and Gold 11.25 g/t Au & 478 g/t Ag
Rambler Discovery Outcrops 1m Machomera discovery outcrop Fe rich “breccia – vein” 2m at 1.55 g/t Au and 274 g/t Ag 1m Saucito silver rich vein stockwork outcrops over 70m wide in creek 11.25 bed. g/t Au & 478 g/t Ag
Bald Peak Project, Nevada - California Bodie-Aurora-Borealis district estimated production of >3 Moz at over 10 g/t
Bald Peak Project Highlights • 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
Bald Peak Gold Rich Sinters • 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 19
Bald Peak Hilton Springs Target • 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 20
Bald Peak Great Wall 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 5.36 g/t Au • Associated with ~2 km NE trend of anomalous gold in soil geochemistry
Bald Peak Project • 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
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 Banderas Radius Gold Escobal Pan American +500 Moz Ag Cerro Blanco Bluestone 1.3 Moz @ 10.2 g/t Au
Holly-Banderas Drilling Summary Banderas 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 Holly Significant Drill Results 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-Banderas Drilling Summary BDD007 at 79 m depth HDD001 at 37 m depth BDD0014 at 56 m depth HDD005 at 21 m depth 7.5 g/t Au & 52 g/t Ag 37 g/t Au & 1658 g/t Ag 6.8 g/t Au & 262 g/t Ag 22 g/t Au & 697 g/t Ag Quartz vein breccia Oxidised sulphide rich Banded quartz vein Oxidised clay altered veining. breccia with sulphide rich quartz veining
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 Guatemala general elections June 2019 New opportunity Pino Target No drilling Trench samples 5.1 m @ 58.26 g/t Au Holly 1,937 g/t Ag 15 drill holes av depth 130 m Untested at depth Pyramid Hill & M28 48 drill holes av depth 146 m Limited testing beyond 200 m Zopote Large vein 5 to 10 m thick within 3.5 km long zone of intense vein stockworks. No drilling yet 10 km
Royalty Holdings Royalty Operator Status Asset Payment Notes Holdings Bayovar 12, CROPS Inc. PFS-stage Phosphate 2% NSR of 70% Peru interest (planned) Tambor, Kappes, Suspended Gold Quarterly Guatemala Cassiday & payments based on Associates amount produced and price of gold Tlacolula, Fortuna Silver Exploration- Gold, Silver 2% NSR Fortuna Silver retains the Mexico Mines Inc. stage right to purchase one- half of the royalty for US$1.5 million MEXICO 29 TSX.V-RDU │ radiusgold.com
Contact Corporate Headquarters Suite 650, 200 Burrard Street Vancouver, BC, Canada V6C 3L6 Telephone: (604) 801-5432 Fax: (604) 662-8829 Toll Free: 1-888-627-9378 www.radiusgold.com info@radiusgold.com 30 TSX.V-RDU │ radiusgold.com
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