The Market Online speaks with Radius Gold CEO, Bruce Smith as Radius Gold Accelerates Exploration at Tierra Roja Project, Peru.
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00:00Welcome back to The Watchlist on Lindsay Melchuk. Radius Gold has accelerated exploration at their
00:11Terra Roja project with integrated hyperspectral geophysics and geochemistry programs. Now what
00:18does that all mean exactly? Well, CEO Bruce Smith is here to walk us through it all. Welcome Bruce,
00:23it's great to have you with us. Well, thanks Lindsay. Nice to have you on your show. Thank
00:29you for your time. Yeah, let's dive right into this. Maybe you can perhaps start us with a bit
00:36of a background on Radius Gold and your portfolio of assets in Central America. Yeah, Radius Gold's
00:42an explorer based out of Vancouver. We have a number of properties through Latin America.
00:47We've got an interesting target and joint venture in Guatemala with a resource of about 400,000
00:53ounces. It's a 60-40 deal with Volcanic. We have a couple of royalties on different properties and
01:01then we have our main project is Amalia. That's a joint venture with Pan American Silver in Mexico
01:09and Chihuahua. It's got 25,000 meters of drilling, 67 holes, some amazing big high-grade results. It's over
01:18a kilometer. But right now, Pan American's, you know, a bit slow as a partner. They're a big company.
01:23And so we're off looking for new things and I've found a new copper project in Peru, which I really
01:30like. It's on the southwest coast of Peru. That's one of the global locations for copper. Peru's the
01:37second largest producer in the world and this area is desert. Not many people out there and we found a
01:43high-grade surface oxide copper system that we're working on today.
01:49Sounds like there's a lot already happening and, you know, you also do have that extended
01:54land package and the drill permit that's in the works as well. So maybe what are the key
02:00milestones that investors should be watching for as you ramp up the drilling at the Terra Roja project?
02:06Yeah, we should be permitted in a month or two. Right now, I've got a geophysics team in the
02:12field. This is a, you know, an oxide copper system and being copper, you can charge it up with
02:17electricity. So we've got a ground geophysics team going at the moment and I expect to have the drill
02:23permit in a couple of months where the system is, you know, 700 or 800 meters by 700 or 800 meters and
02:30we expect to be drilling in the next three, four months. Well, there are some interesting updates
02:37coming down the pipeline. Do come back and share them with us soon.
02:41Thank you, Lindsay. You have a nice day.
02:43You as well. Again, that was Bruce Smith, CEO of Radius Gold. Now their website is
02:47RadiusGold.com for more information. I'm Lindsay Melchick with Stockhouse Publishing. We'll see you next time.