VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 12, 2016) – Radius Gold Inc. (TSX VENTURE:RDU) is pleased to announce that it has applied for mineral concessions totalling 37,000ha covering four lithium brine targets in northern Mexico. Further Radius is pleased to announce it has signed an option agreement with Advantage Lithium Corp. (TSX VENTURE:AAL) to fund exploration of the properties.
While working in northern Mexico, Radius’ exploration team recognized the potential of the large salar basins and compiled a database from historic lithium exploration conducted by the Mexican geological survey between 1987 and 1993. Radius applied for concessions covering the targets and has attracted an experienced and well-funded partner in Advantage Lithium.