Radius Gold and Fresnillo plc Sign Exclusivity Agreement for Plate Verde Project in Mexico

Vancouver, British Columbia – Radius Gold Inc. (TSXV: RDU) (“Radius” or “the Company”) is pleased to announce that its wholly owned subsidiary Geometales del Norte-Geonorte, S.A. de C.V. (“Geonorte”)
has entered into an Exclusivity Agreement (the “Agreement”) with Minera San Julian, S.A. de C.V.
(“Minera San Julian”), a wholly owned subsidiary of Fresnillo plc (“Fresnillo”), for Radius’ 100% owned
Plata Verde Project in Chihuahua, Mexico. This Agreement grants Minera San Julian an exclusive right for
nine months to negotiate an option agreement to earn a 70% interest in the project (the “Definitive
Agreement”). Minera San Julian will pay Geonorte US$ 100,000 within fourteen days of signing the
Agreement.

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