GOLD SILVER EXPLORERS IN NORTH AND CENTRAL AMERICA

Transcription

1 GOLD SILVER EXPLORERS IN NORTH AND CENTRAL AMERICA Focused on high grade epithermal deposits of Nevada and the Sierra Madre Gold- Silver Belt Amalia Project in Mexico, our latest drill discovery reported: 26m at 7.08 g/t Au and 517 g/t Ag February 2019 TSX.V-RDU radiusgold.com

2 Forward-Looking Statements & Qualified Person Cautionary Notes and Disclaimers Certain statements contained in this presentation constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements which may include, without limitation, statements about the Company s plans for its investments and properties; the Company s business strategy, plans and outlook; the merit of the Company s investments and properties; timelines; the future financial performance of the Company; expenditures; approvals and other matters. Often, but not always, these forward looking statements can be identified by the use of words such as estimate, estimates, estimated, potential, open, future, assumed, projected, used, detailed, has been, gain, upgraded, offset, limited, contained, reflecting, containing, remaining, to be, periodically, or statements that events, could or should occur or be achieved and similar expressions, including negative variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, changes in general economic conditions and financial markets; the Company or any joint venture partner not having the financial ability to meet its exploration and development goals; risks associated with the results of exploration and development activities, estimation of mineral resources and the geology, grade and continuity of mineral deposits; unanticipated costs and expenses; and such other risks detailed from time to time in the Company s quarterly and annual filings with securities regulators and available under the Company s profile on SEDAR at Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management, including but not limited to expectations that the Company s activities will be in accordance with its public statements and stated goals; that all required approvals will be obtained; that there will be no material adverse change affecting the Company, its investments or properties; and such other assumptions as set out herein. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements. Under the terms of NI43-101, Bruce Smith, M.Sc., MAIG. is Radius' Qualified Person. Mr. Smith holds B.Sc. and M.Sc. degrees in geology from Otago University, New Zealand, and MEng degree water and environmental resources from the IHE, Delft, Netherlands. He has been involved in mineral exploration since 1992, working mostly in precious metal deposits, but also copper, base metals, iron, lithium, uranium and mineral sands. Mr. Smith has worked throughout the world on a large variety of projects including in Africa, Europe, Asia, the Pacific, and North and South America, and speaks Spanish fluently. Mr. Smith is a member of the Australian Institute of Geoscientists (No6848) and a "Qualified Person" in accordance with National Instrument , and has reviewed and takes responsibility for the technical information contained in this presentation. TSX.V-RDU radiusgold.com 2

3 #1 Focused on world class mining districts, Sierra Madre Gold Belt and Nevada Significantly invested & experienced board & management team $ Well funded High grade and high quality exploration project pipeline Proven Track Record discovering mines and financing exploration

4 Strategy Corporate Increase investor awareness Flexible investment strategy Amalia Define more high grade ore Drill for resource definition Mexico Advance Rambler project to drill stage District scale projects High grade gold and silver pipeline Low cost, boots on the ground Portfolio Bald Peak, Nevada permit and drill or JV Guatemala, first class assets for future, funding through partnerships. Expand portfolio of Equity and Royalty holdings

5 Corporate Snapshot (as of January 18 th, 2019) Share Structure Equity Holdings Cash 2M Issued Shares 86.75M Options 4.85M Warrants 0 Fully Diluted 91.60M Trading Price $0.11 Market Cap Issued Cdn $9.54M Management ±13% (fully diluted) Company # of Shares Value (CAD) CROPS Inc. 6,764,027 $237,000 Fortuna Silver Mines Inc. 239,385 $1,065,000 GrowMax Resources Corp. 1,200,000 $108,000 Medgold Resources Corp. 10,126,500 $1,316,000 Metalla Royalty and Streaming Ltd 166,700 $133,000 Rackla Metals Inc. 3,973,275 $358,000 Southern Silver Exploration Corp. 1,259,500 $264,000 Volcanic Gold Mines Inc. 3,222,883 $145,000 War Eagle Mining Company 233,781 $19,000 TOTAL 27,186,051 $3,645,000 Royalty Holdings Tambor Gold Mine, Bayovar 12 Phosphate, San Jose (B2Gold), Tlacolula Property (Fortuna Silver)

6 Experienced Board and Management Simon Ridgway CEO Bradford Cooke Director Mario Szotlander Director William Katzin Director Rodrigo Matias Chief Geo Mexico Bruce Smith Exploration Manager 35 years experience of exploration and mining company management A founder and the Chairman of Fortuna Silver Mines Founder and CEO of Medgold Resources and Focus Ventures 43 years experience of exploration and mining Discoveries of uranium in Labrador, Au W in B.C., Au in Suriname, Ag in Mexico Founder of Canarc Resource and Endeavour Silver 35 years experience in directing Latin American mining and exploration projects Director of Endeavour Silver Corp. (TSX and NYSE) and Fortuna Silver Mines Inc. (TSX and NYSE) 33 years Certified Public Accountant (Canada) practice as partner with Vancouver firm of Chartered Accountants Bachelor of Commerce and Law degree from University of Cape 30 years experience of prospecting and discovery in Mexico, Central America Initial prospecting discoveries of Escobal, Trebol, Cerro Blanco, Navidad, Tambor, Holly Banderas, Amalia, Rambler and more 25 years experience of exploration and resource definition Discoveries in Guinea Argentina Guatemala Nicaragua Fluent in Spanish, operations and community specialist

7 Exploration Projects Bald Peak Project, Nevada, USA Large regional Au-Ag project covering ~14 km 2 volcanic complex, Au-rich sinters and epithermal veins over a 6 km trend Amalia Project, Mexico Epithermal Au-Ag project covering 9558 ha Recent high grade drill intercept; AMD009 26m at 7.08g/t Au and 517 g/t Ag Rambler Project, Mexico Epithermal high-grade Au-Ag target with veins and breccias outcropping across 9 km trend Holly-Banderas Gold-Silver Project High grade advanced Ag-Au epithermal target located in Guatemala near the +500 Moz Ag Escobal Mine.

8 Amalia and Rambler Projects Sierra Madre Gold Belt, Mexico One of the best exploration environments in the world Historic production estimated: 40Moz Au and 2Boz Ag New discoveries in last 20 years estimated: 33Moz Au and 1Boz Ag Major Mines and Deposits Dolores Pan American Silver Mulatos Alamos Gold La India Agnico Eagle Pinos Altos - Agnico Eagle Ocampo Minera Frisco Orisyvo - Fresnillo El Sauzal Goldcorp Palmerejo Couer D Alene Mines Almo Dorado Pan American Silver San Julian Fresnillo Guanacevi Endeavour Silver Topia Great Panther La Cienega - Fresnillo

9 Amalia Project High grade epithermal Au Ag system in world class district. No previous exploration Initial drilling program confirms high grade discovery Multiple drill intercepts over 700m strike and open Mining friendly communities Regional property covers 10,000 hectares. Pan American Silver funding drilling and cash payments to earn initial 65%

10 Amalia Drill Program and Discovery Initial 9 hole 1909m program completed Nov target zones tested across 1.8km zone of veins and splays 5 holes target the Campamento zone and result in discovery across 700m strike Table 1. Drill results for Campamento Zone g/t Au & 478 g/t Ag

11 Amalia Bonanza Grade Zone AMD-009 Includes bonanza interval 165m to 170m with 5m at g/t Au and 1378 g/t Ag (depicted) Intense silicification, with multi-phase veining and brecciation Breccia clasts are internally brecciated and veined Abundant visible electrum 170.4m 165.4m 11.2 Au 478 Ag 12.8 Au 1310 Ag 16.3 Au 2300 Ag 17.3 Au 2160 Ag 15.8 Au 644 Ag g/t Au & 478 g/t Ag

12 Amalia long-section Open Open Campamento mineralized zone open to expansion in all directions g/t Au & 478 g/t Ag

13 Amalia Potential High grade gold and silver mineralization outcrops at intervals vertically at least 600m below Campamento Similar style epithermal mines (e.g. Palmerejo, Pinos Altos, La Cienga) located in the same regional volcanic belt have ore zones occurring over vertical intervals +600m High level colloform and chalcedonic textures at Campamento indicate depth potential. Radius has tested a limited part of the system and intendeds to follow the high-grade along strike and to depth in Phase II drilling.

14 Rambler Project Chihuahua, Mexico New discovery of high grade Au Ag (plus Cu Pb Zn) epithermal veins stockworks and breccias Located in the world class Sierra Madre Gold Belt, 20 km NW of Radius s Amalia project 9,600-hectare property Multiple Au Ag occurrences along 6km trend 100% Radius (new staking) Vein breccia chip 7.3 g/t Au and 469 Ag g/t Au & 478 g/t Ag

15 Rambler Silver and Gold g/t Au & 478 g/t Ag

16 Rambler Discovery Outcrops 1m Machomera discovery outcrop Fe rich breccia vein 2m at 1.55 g/t Au and 274 g/t Ag 1m Saucito silver rich vein stockwork outcrops over 70m wide in creek bed. g/t Au & 478 g/t Ag

17 Bald Peak Project, Nevada - California Bodie-Aurora-Borealis district estimated production of >3 Moz at over 10 g/t

18 Bald Peak Project Highlights Over 6 km strike length of gold bearing sinters, breccias and quartzadularia veins Sinters and best vein targets not drill-tested High grade veins around sinters 1200 m deep large resistive body extending below large sinter

19 Bald Peak Gold Rich Sinters Extensive chalcedonic sinter with near vertical veins and mild brecciation 1.5 m chip channel sample running 272 ppb Au Highest grade sinter sample 1.91 g/t Au, contains reed casts 19

20 Bald Peak Hilton Springs Target High-grade multiphase vein float around sinter up to 8.12 g/t Au Resistive body extending over 1200m below the outcropping brecciated sinter Resistive body proposed to represent veining and silicification of feeder structure 20

21 Bald Peak Great Wall Target NE trending thick outcrop of parallel quartz veins and vein breccias hosted in trachyandesite Surrounded by multiple veins and anomalous soil and rock geochemistry 2m chip-channel sample averaging 3.19 g/t Au, 381 ppm, As, 145 ppm Sb Grab sample 5.36 g/t Au Associated with ~2km NE trend of anomalous gold in soil geochemistry 5.36 g/t Au

22 Bald Peak Project Anomalous soil geochemistry along 6 km strike length Au up to 1240 ppb, Sb up to 358 ppm, As up to 1265 ppm, Hg up to 229 ppm

23 Holly-Banderas Project Guatemala Located in terrain with world class gold silver deposits Geologic setting similar to the Escobal deposit (+500 Moz Ag) High-grade mineralization Surface results to 343 g/t Au and 10,300 g/t Ag Drill results to g/t Au and 1,618 g/t Ag Large robust and favorable alteration signature Multiple un-tested drill targets

24 Holly-Banderas Location and Geology Escobal Pan American +500 Moz Ag Cerro Blanco Bluestone 10.2 g/t Au Holly Banderas Radius Gold

25 Holly-Banderas Drilling Summary Banderas Significant Drill Results Exploration by several operators since 2002: 2,153 m RC drilling (14 holes) 6,985 m diamond drilling (49 holes) Extensive high grade but shallow drill intercepts Focused drilling on just two areas Holly Significant Drill Results Majority of drilling less that 150m Multiple targets un-drilled including high grade veins discovered post drilling.

26 Holly-Banderas Drilling Summary BDD007 at 79m depth 7.5 g/t Au & 52 g/t Ag Quartz vein breccia HDD001 at 37m depth 37 g/t Au& 1658 g/t Ag Oxidised sulphide rich veining. BDD0014 at 56m depth 6.8 g/t Au & 262 g/t Ag Banded quartz vein HDD005 at 21m depth 22 g/t Au & 697 g/t Ag Oxidised clay altered breccia with sulphide rich quartz veining

27 Escobal - Holly Banderas comparison The stratigraphy at Holly-Banderas is similar to Escobal: (1) Quaternary volcanics (2) Miocene Padre Miguel Group Volcanics (3) Cenozoic Subinal Formation Sediments (4) Paleozoic Santa Rosa Group Metasediments

28 Holly-Banderas New Drill Targets Guatemala general elections June 2019 New opportunity Pino Target No drilling Trench samples g/t Au 1,937 g/t Ag Holly 15 drill holes av depth 130m Untested at depth Pyramid Hill & M28 48 drill holes av depth 146m Limited testing beyond 200m Zopote Large vein 5 to 10m thick within 3.5 km long zone of intense vein stockworks. No drilling yet 10km

29 Royalty Holdings Royalty Holdings San Jose, Nicaragua Operator Status Asset Payment Notes B2Gold Explorationstage Gold 2% NSR B2Gold has the right to purchase one-half of the royalty for US$1.0 million Bayovar 12, Peru Focus Ventures PFS-stage Phosphate 2% NSR of 70% interest (planned) Tambor, Guatemala Kappes, Cassiday & Associates Suspended Gold Quarterly payments based on amount produced and price of gold TSX.V-RDU radiusgold.com 29

30 Contact Corporate Headquarters Suite 650, 200 Burrard Street Vancouver, BC Canada V6C 3L6 Telephone: (604) Fax: (604) Toll Free: TSX.V-RDU radiusgold.com 30