Radius Gold

Name

Radius Gold

Legal name

Radius Gold Inc.

Website

https://radiusgold.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Support Activities for Metal Mining (213114), Support Activities for Mining (213)

SIC

Metal Mining (1000)

akta.pro primary industry

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

akta.pro secondary industries

Gold Mining (IMAKAEAA), Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control) (IMAKAKAK)

Keywords

• Mineral exploration services
• Gold exploration projects
• Silver exploration projects
• Copper porphyry exploration
• Joint venture mining

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Joint Venture Option and Property Payments: Partners (e.g., Pan American Silver, Volcanic Gold Mines, Fresnillo plc, Otis Gold) pay Radius to explore its properties and earn an interest. Payments include cash option payments, drill program funding, and milestone-based property payments. This is the primary revenue driver for the exploration-stage company.
2. Asset Sales and Farm-Outs: Radius sells non-core assets to raise capital and fund exploration. Completed sale of Mexico property to Fortuna Silver Mines. Loans provided to companies (e.g., $800,000 CAD to Southern Silver) to secure review rights and JV opportunities.
3. Investment Portfolio Returns: Company maintains treasury as equity investments in other junior mining companies including 2,826,394 shares of B2Gold Corp., shares in Medgold Resources, Rackla Metals, Focus Ventures, and convertible debentures in Southern Silver. Holdings realized through private placements and asset sales.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Radius Gold Inc. is a Canadian mineral exploration company that identifies, stakes, and advances gold, silver, and copper exploration projects in Latin America (Mexico, Guatemala, Peru) and the United States. The company generates revenue by optioning projects to senior and mid-tier mining companies through joint venture and earn-in agreements, in which partners fund drilling and exploration to earn an interest in the properties. Radius also retains an investment portfolio of equity holdings in other junior mining companies as part of its investment issuer strategy.

Product overview

Radius Gold Inc. is a Canadian mining exploration company (TSX.V: RDU) with a portfolio of mineral exploration projects across the Americas. The company's primary focus is on Peru as highlighted in recent leadership transitions, with key assets including the Tierra Roja copper project and Jonco polymetallic project in Peru, along with the Amalia silver-gold project in Mexico and Holly gold-silver project in Guatemala. Projects are advanced through drilling programs and joint venture partnerships with companies including Pan American Silver, Volcanic Gold Mines, and Fresnillo plc. The company operates as part of the Gold Group of companies and continues to explore opportunities while utilizing partnerships to advance projects while preserving treasury.

Differentiator

Problem solved

Functional benefit

Products and services

• Amalia Project High-grade epithermal silver-gold mineralized vein system located in Chihuahua, Mexico, with 10,250 ha land position, 67 drill holes and 23,058m completed across three major vein structures (Amalia, California, and El Cuervo). Joint venture with Pan American Silver Corp. Drilling has returned intercepts including 13.55m @ 841 g/t Ag and 10.25 g/t Au.
• Holly Project Epithermal gold-silver project in southeast Guatemala with historic high-grade drill intercepts and a maiden Resource Estimate of Inferred 406,316 oz at 9.57 g/t gold equivalent on La Peña Structure. Located in the same district as the Escobal and Cerro Blanco mines. Joint venture with Volcanic Gold Mines.
• Tierra Roja Copper Project Exploration-stage copper porphyry project located in Peru's southern coastal porphyry belt, one of the largest producing copper districts in the world. Project covers 8,000+ hectares in Arequipa region with drill permits granted and IP survey identifying key targets. Radius holds the exclusive right to expand the project by an additional 1,800 ha and has optioned 4,500 ha of additional exploration licenses.
• Jonco Silver Project Polymetallic silver project located in Áncash, Peru. Radius holds an option to acquire 100% of the project. Surface sampling has returned anomalous gallium values in addition to silver mineralization.
• Plata Verde Silver Project Silver exploration project in Mexico featuring large-scale silver-rich breccias with excellent silver recoveries in metallurgical testing. Funded under an exclusivity agreement with Fresnillo plc, which completed a US$171,000 property payment.
• Tropico Project Gold exploration target in the Fresnillo mining district, Zacatecas, Mexico. Defined by sinter and silicified breccia pipe with strong gold-mercury-arsenic-antimony geochemical signature. CSAMT survey defined a resistive target extending to 800m depth.
• Blue Hill Gold Project Epithermal hot-spring gold exploration target in southeast Idaho, USA, comprising 36 federal lode mining claims (295 ha) plus one Idaho State lease (33 ha), located 24 km south of Oakley and 4 km north of the Utah border. Radius can earn a 70% interest by making cash payments of US$525,000 and incurring US$5,000,000 in exploration expenditures over four years. Drill-ready with CSAMT geophysical survey completed.
• Idaho Copper-Gold Mineral Project Copper-gold target in Washington County, Idaho, USA, consisting of 78 federal mining claims covering approximately 562 hectares.
• Santa Brigida Project Low-sulphidation epithermal silver-gold vein system located approximately 80 km ENE of Guanajuato, Mexico, with a 10,800 hectare property position. Historic production in the area exceeds 40 Moz silver and 400 koz gold.
• Motagua Norte Project High-grade orogenic gold project in Eastern Guatemala. Includes the Cirilo I exploration licence and the Mila gold discovery, where rock chip assays returned up to 692 g/t Au over a 250m x 570m area with 100+ samples exceeding 10 g/t Au. Joint venture with Volcanic Gold Mines.
• Investment Portfolio (Junior Mining Equity Holdings) Investment portfolio of equity positions in junior mining companies held as part of Radius Gold's investment issuer strategy. Holdings include 2,826,394 common shares of B2Gold Corp., 9,866,376 shares of Rackla Metals Inc., 1,007,406 shares of Focus Ventures Ltd., shares in Medgold Resources Corp., and an $800,000 convertible debenture in Southern Silver Exploration Corp. convertible into up to 16,000,000 common shares.

Quantifiable outcome

• Amalia Project drill results: 13.55m @ 841 g/t Ag and 10.25 g/t Au (best hole to date at El Cuervo); 96m @ 167 g/t Ag and 0.54 g/t Au; 26.9m @ 353 g/t Ag and 2.59 g/t Au (California target)
• +3 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core, major and minor.

• Pan American Silver Corp.coreStrategic or Co-development PartnerRadius Gold has an agreement with Pan American Silver to explore and drill the Amalia Project in Chihuahua, Mexico. Pan American Silver funds exploration and makes property payments to earn an interest in the project. Five phases of drilling have been completed with 67 drill holes totaling 23,058m. High-grade intercepts include 13.55m @ 841 g/t Ag and 10.25 g/t Au at the El Cuervo Target. Pan American Silver has made US$400,000–US$700,000 property payments to Radius.
• Volcanic Gold MinescoreStrategic or Co-development PartnerJoint venture on Holly Project (epithermal gold-silver in southeast Guatemala) and Motagua Norte Project (orogenic gold with Mila discovery). Volcanic has an option to earn a 60% interest by spending US$7M on exploration within 48 months from when drill permits at Holly were granted. Volcanic has spent over US$4.5M to date. Maiden resource at Holly: 406,316 oz Inferred at 9.57 g/t AuEq. Mila gold discovery returned rock chip assays up to 692 g/t Au.
• Fresnillo plcmajorStrategic or Co-development PartnerExclusivity agreement for Plata Verde Silver Project in Zacatecas, Mexico (Fresnillo mining district). Fresnillo plc completed US$171,000 property payment; drilling anticipated to start Q1 2024. Metallurgical tests showed excellent silver recoveries. Radius retains exposure to the project through the JV structure.
• Otis Gold Corp. (TSX-V:OOO)minorStrategic or Co-development PartnerOption agreement for Radius to earn a 70% interest in the Blue Hill Gold Project in southeastern Idaho (24 km south of Oakley, 4 km north of Utah border). 36 federal lode mining claims (295 ha) plus one Idaho State lease (33 ha). Radius to make cash payments of US$525,000 and incur US$5,000,000 in exploration expenditures over four years. Project is drill-ready with CSAMT geophysical survey completed.
• Medgold Resources Corp. (TSX-V:MED)minorStrategic or Co-development PartnerStrategic alliance agreement on Medgold's Portuguese assets. For 18 months, Radius may select one of Medgold's Portuguese properties to earn a 51% interest by spending US$3.0 million on exploration. Upon exercise, a joint venture is formed. Radius also participated in Medgold's private placement for $500,000 (5,000,000 units at $0.10/unit).
• Gold Group of CompaniescoreStrategic or Co-development PartnerRadius Gold is a member company of the Gold Group of companies, led by Simon Ridgway (CEO and Chairman as of June 2026). Gold Group is a stable of mining and exploration companies headquartered in Vancouver, Canada. Member companies include Fortuna Silver Mines and Focus Ventures. Since 2003, the group has raised over CAD $300 million on European and North American capital markets.

Scale indicators8 records

Recent moves11 records

Expansion highlights6 records

Emerging players

• Solaris Resources: TSX-listed junior explorer with significant copper porphyry projects in Peru and Ecuador; directly comparable to Radius's Tierra Roja copper strategy and a benchmark for Peru-focused copper juniors of similar exploration-stage profile.

Broad incumbents

• Pan American Silver Corp. Major silver-gold producer and Radius's JV partner on Amalia; serves as a comparable for the senior partner role in Radius's earn-in model and as a likely acquirer of advanced exploration assets.
• B2Gold Corp. Mid-tier gold producer with Latin America operating mines; comparable as a senior partner/customer of Radius (Radius holds 2.8M shares) and as the type of acquirer Radius's exploration assets could flow toward on success.
• Fortuna Silver Mines: Mid-tier silver-gold producer in Latin America and Gold Group affiliate (Simon Ridgway is Chairman). Provides a comparable for what Radius could look like at scale and represents the kind of counterparty acquiring Radius-style exploration assets in the region.

Direct peers

• Southern Silver Exploration Corp. Junior explorer focused on silver-polymetallic projects in Mexico (Cerro Las Minitas); Radius has extended CAD $800K of debt to fund its option payment, making Southern Silver both a peer and a counterparty in the same Latin America exploration ecosystem.
• Focus Ventures Ltd. Gold Group-affiliated junior explorer with Latin America assets; comparable in scale, stage, and partnership-driven model to Radius. Radius holds an equity stake, and both share similar capitalization profiles.
• Volcanic Gold Mines: Direct peer and JV partner on Holly and Motagua Norte projects in Guatemala; junior gold exploration company with similar Latin America focus and project sizes, making it the closest comparable in business model and asset profile.
• Otis Gold Corp. Junior gold explorer with which Radius has an option agreement on the Blue Hill Gold Project in Idaho; comparable in size, listing on TSX.V, and exploration-stage gold focus.
• Rackla Metals: Junior exploration company within the Gold Group stable focused on gold and base metals in the Americas; closely comparable in size, stage, and Gold Group affiliation, with similar exploration-stage project portfolios.
• Medgold Resources Corp. Junior gold explorer with a strategic alliance with Radius on Portuguese assets; comparable in size and exploration-stage focus, with similar option/JV-driven advancement model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/radiusgold
• LinkedInlinkedin.com/company/radius-gold-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Radius Gold