Mr. Bruce Smith reports

RADIUS ADVANCES PERMITTING AND DEFINES AN EXPANDED COPPER MINERALIZATION FOOTPRINT AT TIERRA ROJA PROJECT, PERU

Radius Gold Inc. has continued its permitting progress and expanded the geochemical definition of copper and silver mineralization at its Tierra Roja copper project located in the district of Atico in the province of Caraveli in Arequipa, southern Peru.

Permitting updates

The company has received provisional authorization for surface lands from the Superintendencia Nacional de Bienes Estatales (SBN) as part of the continuing administrative process to establish the temporary surface access required for exploration activities.

Radius has also submitted the application for authorization to initiate exploration activities to the Gerencia Regional de Energia y Minas (GREM) of Arequipa, representing the final administrative step in the permitting sequence prior to commencement of the planned initial drill program.

Expansion of surface mineralization footprint

The updated project map integrates results from previous sampling campaigns together with 15 recent reconnaissance rock samples collected during the latest field campaign. The results confirm continued anomalous copper and silver values and extend the geochemical footprint of mineralization beneath partial caliche cover.

Copper and silver mineralization is associated with oxidized expressions developed over volcanic and sedimentary host rocks.

The distribution of anomalous copper and silver values, together with geological mapping and geophysical surveys, supports the company's interpretation of a concealed mineralized system partially masked by caliche cover.

Proposed drill targets have been designed to test covered areas within the northern portion of the project, where geochemical, geophysical and geological indicators suggest the continuation of mineralization at depth.

Based on the current distribution of anomalous surface samples and geological interpretation, the company considers the principal target corridor to extend for approximately 750 metres in strike length and up to 450 metres in width beneath partial caliche cover.

Alejandro Ly, vice-president, exploration, of Radius, stated: "Permitting at Tierra Roja continues to advance and recent surface sampling confirms that copper mineralization extends beneath caliche cover, expanding the footprint of the system. Our geological, technical and permitting work are progressing in parallel as we continue improving our understanding of the controls on mineralization and preparing the project for its planned initial drill program."

Sampling, analytical procedures and quality assurance/quality control

Surface sampling at Tierra Roja includes rock samples, trench samples and samples collected from shallow excavations during multiple reconnaissance campaigns completed by previous operators and by Radius. Radius has reviewed the available historical surface sampling database and has undertaken confirmation sampling that is consistent with the copper and silver geochemical anomalies identified to date on the project. Samples collected by Radius were analyzed by independent laboratories using established analytical and QA/QC procedures. As exploration advances, Radius will continue to apply industry-standard sampling and analytical protocols and follow recognized QA/QC practices in accordance with applicable regulatory requirements.

Qualified person

Bruce Smith, MSc (geology), a member of the Australian Institute of Geoscientists, is Radius's qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Smith has reviewed and approved the technical information contained in this news release.

About Radius Gold Inc.

Radius has a portfolio of exploration projects located primarily in Mexico and Peru, which it advances independently and through partnerships to preserve treasury strength. Management continues to evaluate new acquisition opportunities globally. Radius is a member of the Gold Group of companies led by Simon Ridgway.

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