Radius Gold Reports Surface Sampling Results at the Jonco Silver Project, Including Anomalous Gallium Values
Radius Gold hunts for silver and gallium at Jonco while navigating the bureaucratic labyrinth of Peruvian permitting.
The most recent news (March 30, 2026) reports reconnaissance surface sampling results from the newly optioned Jonco Silver Project in Peru. Results show anomalous silver (up to 13.24 g/t) and gallium (up to 37.64 ppm). The company is currently relogging 3,195m of historical drill core and has received a preliminary nod from the local community General Assembly to continue negotiations for surface access. However, a formal access agreement and environmental permits are still required before any new drilling can occur.
The news is Routine - Positive. While the identification of gallium adds a modern "critical minerals" angle to the project, the silver grades from surface sampling are relatively low (13.24 g/t Ag). The most significant aspect is the community's willingness to negotiate, which is a prerequisite for exploration in Peru. However, this is incremental progress. The company has a history of "pending" permits (as seen with Tierra Roja), so until a definitive access agreement is signed and drilling is authorized, this news does not fundamentally change the company's valuation or risk profile.
Radius Gold is a project generator with a portfolio in Peru, Mexico, and Guatemala. - Flagship (Copper): Tierra Roja (Peru), where IP surveys have defined a 750m x 450m target corridor. It is "drill-ready" but stalled on a final access waiver. - Secondary (Silver/Polymetallic): Jonco (Peru), an 8,170-ha package targeting a bulk-tonnage disseminated system. - Royalties/JVs: Holds a 2% NSR on Tlacolula (Mexico) and interests in Amalia (Mexico) and Holly (Guatemala).