Radius Provides Update on Santa Brigida Silver-Gold Project, Mexico

Radius Gold Inc. (TSX VENTURE:RDU)(OTCBB:RDUFF) would like to update its
shareholders on the status of its Santa Brigida property in Guanajuato, Mexico.


In February 2013, the Company was granted an option to acquire a 100% interest
in the Santa Brigida project, a 10,800 hectare property which hosts a
low-sulphidation, epithermal silver-gold vein system located approximately 80 km
ENE of the city of Guanajuato in Mexico (see Radius news release of February 26,
2013).


An IP-resistivity survey was designed and completed over the southeastern strike
extension of the Santa Brigida and Pozos vein systems, to explore for Ag-Au
mineralization under soil and caliche cover. The survey defined a number of
resistivity and IP targets which were interpreted as possible manifestations of
quartz vein under cover. A first phase, 8-hole drill program was designed to
test the highest priority geophysical targets. The Company ceased drilling
operations after a review of the results of the first three diamond drill holes,
totaling 656 linear metres. These drill holes targeted two prospective
IP-resistivity anomalies located southeast of the Pozos vein system. No
significant precious metal concentrations were intersected and the Company has
decided to drop its option on the property.


With its strong treasury of over 3.8 million common shares of B2Gold Inc. and
the current depressed state of the resource equity markets, the Company is
continuing a review of precious metal exploration projects and/or distressed
junior companies that may be available for acquisition or joint venture.


Sampling & QA-QC Procedures

For the Santa Brigida diamond drilling program, the Company drilled NQ-sized
drill core. Samples of no greater length than 2 m were sawed, bagged, and sent
to Acme Analytical Laboratories' facility in Guadalajara, Jalisco, for crushing
and pulverising. The entire sample was crushed and pulverised as per Acme method
code R200-250. Sample aliquots were shipped to Acme's Vancouver laboratories for
analysis, and were analysed by methods 1DX (Aqua Regia digestion, multi-element
ICP-MS analysis), with gold analysed by method 3B01 (fire assay fusion, ICP-ES
analysis). Any samples with greater than 30 ppm Ag from method 1DX were to be
automatically re-assayed using method 7TD2 (4-acid digestion, ICP-ES analysis).


Reference materials were inserted into the sample stream at a rate sufficient
that, on average, each analytical rack at the laboratory should contain at least
one standard, one blank, and one coarse duplicate, equivalent to a total
reference material rate of insertion of approximately 8% of total samples. Three
certified reference materials for Ag, Au, Pb, Zn, and Cu, were purchased from
CDN Labs in Langley, British Columbia, to alternate between low, medium and high
metal content reference materials. The blank material used was a locally-derived
barren felsic volcanic rock. Coarse duplicates were produced by quarter-sawing
core samples. 


Qualified Person

David Clark, M.Sc., P.Geo. (APEGBC), a Qualified Person as defined by National
Instrument 43-101, oversaw the work program at Santa Brigida, and has verified
and prepared the technical information contained in this news release.


About Radius 

Radius has been exploring for gold in Latin America for over a decade. The
Company has a strong treasury as a result of exploration asset sales and is
looking for joint venture or project acquisition opportunities across the globe.
Please call toll free 1-888-627-9378 or visit our web site (www.radiusgold.com)
for more information.


ON BEHALF OF THE BOARD

Simon Ridgway, President and CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


Forward-Looking Statement
Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of Radius
Gold Inc. Actual results may differ materially from those currently anticipated
in such statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Radius Gold Inc.
Ralph Rushton
Director
[phone]
[phone] (FAX)
[e-mail]
www.radiusgold.com