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Radius Gold Signs Option to Acquire 100% of El Cancel Mining Concession in Mexico

By Public Technologies
  • Radius Gold signed a three-year option to acquire 100% of the El Cancel mining concession in Chihuahua, Mexico, on November 10, 2026.
  • Acquisition requires approximately USD 90,000 in outstanding mining duties and USD 250,000 in payments over 36 months.
  • Required exploration spending totals USD 100,000 in Year 1 and USD 250,000 in Year 2.
  • The vendor retains a 1% net smelter return royalty; half can be purchased for USD 1 million within four years of transfer.
  • Pan American Silver must be offered inclusion in the existing Amalia agreement; if declined, the concession remains solely held by Radius.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Radius Gold Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202611100600TNWSWRCACNPR_____1k1vFq52Z) on November 10, 2026, and is solely responsible for the information contained therein.

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