- Business
- Radius Gold Inc. (TSX-V: RDU) engages in the acquisition, exploration and development of mineral properties focused on gold, silver and copper deposits in Latin America. The Vancouver, Canada-based company, founded in 1997, holds interests in several key projects including the Amalia silver-gold project in Chihuahua, Mexico, where it retains 35% ownership in a joint venture with Pan American Silver Corp. following extensive drilling of 23,058 meters in 67 holes across three major vein structures; the Tierra Roja copper porphyry project in southern Peru's coastal belt with outcropping oxide mineralization, expanded in 2025 by exercising the option on adjacent Hidekel concessions adding 1,800 hectares and securing rights to an additional 4,500 hectares; the Motagua Norte orogenic gold project and Holly epithermal gold-silver project in Guatemala, optioned to Volcanic Gold Mines Inc. with Radius retaining 40% carried interest in Holly's inferred resource of 1.34 million tonnes grading 6.46 grams per tonne gold and 256 grams per tonne silver; a 2.0% net smelter return royalty on the Tlacolula high-grade epithermal gold-silver property in Oaxaca, Mexico adjacent to the San Jose mine; and a sliding-scale royalty on the Tambor gold mine in Guatemala. Radius operates through strategic joint ventures and option agreements to advance exploration while preserving treasury, with projects targeting high-grade epithermal veins, porphyry copper systems and bonanza-grade gold. Recent developments include the May 2025 signing of a Tlacolula NSR guarantee agreement with new owners of the San Jose mine complex operated by Fortuna Mining Corp.; drill permit approvals and IP surveys identifying key targets at Tierra Roja in July 2025; integrated hyperspectral, geophysics and geochemistry programs to accelerate exploration there in April 2025; appointment of a VP Exploration in November 2025 to lead portfolio growth; and preparation to restart drilling at Holly to expand its high-grade resource as of March 2025.