Radius Gold Acquires Bald Peak Property Located on Nevada/California Border; Sells Tlacolula Property to Fortuna Silver Mines


VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 6, 2017) – Radius Gold Inc. (TSX VENTURE:RDU) is pleased to announce the acquisition of the Bald Peak gold property from Ely Gold & Minerals Inc. (TSX VENTURE:ELY) and its wholly owned subsidiary, Nevada Select Royalty Inc. (“Nevada Select”), adding to Radius’s portfolio of epithermal gold prospects in the Aurora gold camp, Nevada.

The Bald Peak Property consists of 38 unpatented mining claims in Mineral County, Nevada and one mineral prospecting licence in Mono County, California. The Property overlies a 6 km long, NE-trending zone of gold-bearing quartz-chalcedony veins, stockworks and hot spring silica sinters that has seen minimal historical exploration work.

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