Radius Gold Inc. reported that the phase three diamond drill program at its Amalia Gold-Silver Project in Chihuahua, Mexico has been completed. The high-grade mineralized shoot discovered at Amalia in December 2018 has been extended at depth and remains open to expansion. Defining its extents and new high-grade shoots will be the goal of phase four drilling. Pan American Silver Corp., the project operator, has provided final assay results including intervals of 23 m at 4.61 g/t Au and 41 g/t Ag (AMDD19-016), 1.3 m at 12.5 g.t Au and 2320 g/t Ag and 13.7 m at 1.39 g/t Au and 22 g/t Ag. Radius is also pleased to announce that it has acquired an option to acquire the adjacent 800-hectare Palmillas Property which hosts high-grade epithermal silver-gold mineralization, outcropping 1.8 km north west along strike from the reported drilling at Amalia. The drill program included holes AMDD19-016 to AMDD19-021. The program was successful in proving that the high- grade mineralized shoot continues with depth, beyond its current testing up to 300 m, and its lateral extents have been better defined. The gold-silver mineralization is still open with depth and preparation is underway for the next phase of drilling where it will be tested deeper. AMDD19-016 intersected 120 m grading 1.53 g/t Au and 21 g/t Ag with an estimated true width of 78 m, including 23 m (estimated true width 15 m) at 4.61 g/t Au and 41 g/t Ag. Mineralization is hosted within the hanging wall of the San Pedro fault with disseminated fine black sulphides and sulphide veining commencing within rhyolitic ignimbrites, and transitioning to intense silicification, stockwork veining and brecciation. Radius announced that it has signed a binding agreement with a private family to option the 800-hectare Palmillas Property which hosts high-grade epithermal gold-silver mineralization. The Palmillas concessions are immediately adjoining Radius's Amalia Project and cover the northeastern and southwestern strike extension of the Amalia fault zone. Radius's joint venture partner at Amalia, Pan American Silver, has the right to elect to pay the acquisition costs and add the target to the joint venture.