Key facts
| Company | Radius Gold Inc. (TSXV: RDU) |
|---|---|
| Commodity | Gold |
| Location | USA |
| Stage | Early exploration |
About Holly Project- Guatemala
The Holly property straddles the regional Jocotan Fault which forms part of the 400 km long by up to 80 km wide deformation zone that separates the North American and Caribbean plates. At the Holly project, the Jocotan is mineralized and forms a distinct east-west trending ridge separating older metamorphosed sediments to the north and much younger volcanics to the south. The Volcanic geologists discovered multiple high-grade gold and silver occurrences along and crosscutting this portion of the Jocotan and have had success in the limited drilling that has been done on these targets thus far. An initial resource has been defined at Holly on the La Pena vein, one of the northeast veins that cuts across the Jocotan Fault.