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Gold/Mining/Energy : Radius Explorations Ltd. RDU CDNX exchange as V.RDU -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (25)	8/13/2003 1:52:31 PM
From: Nikole Wollerstein	Respond to of 71

Welcome [Sign In] To track stocks & more, Register Press Release Source: Radius Explorations Ltd. Radius Reports High-Grade Drill Results, Guapinol South Wednesday August 13, 12:03 pm ET VANCOUVER, BRITISH COLUMBIA--Radius Explorations Ltd. ("Radius") is pleased to report gold results from recent drilling at the Guapinol South property, part of the Tambor joint venture project in Guatemala. Gold Fields Ltd. ("Gold Fields") is the operator of the joint venture and has the right to earn a 55% interest in the property from Radius by spending US$5 million over three and a half years. Gold Fields has been drill testing a high-grade, gold-quartz vein that returned up to 10.1m @ 31 g/t Auin Trench GP5 and 8.8m @ 20.8 g/t in Trench GP9 (see news release 2003-01 January 13, 2003). To the end of July, Gold Fields had completed 31 core holes totalling nearly 3,500m of drilling at Guapinol. A drill plan and long section can be viewed on the Radius website (www.radiusgold.com). Available assay results for the current drilling are attached in Table 1. Highlights include: - PRDD-03-033 5.3m @ 80.5 g/t Au from 74.7m to 80.0m - PRDD-03-027 4.6m @ 45.5 g/t Au from 28.9m to 33.5m - PRDD-03-022 6.1m @ 14.0 g/t Au from 99.1m to 105.2m - PRDD-03-028 1.5m @ 47.3 g/t Au from 38.1m to 39.6m - PRDD-03-021 6.3m @ 9.9 g/t Au from 57.3m to 63.6m - PRDD-03-039 3.0m @ 17.8 g/t Au from 16.8m to 19.8m Drilling at Guapinol has tested 375m of strike length and approximately 200m vertical depth. Assay results confirm the presence of significant gold mineralization associated with south-dipping, en echelon, discordant veins within a mylonitic phyllite unit, with vein widths of up to 4m. Both gold and arsenic mineralization are restricted to the quartz veins and their immediate wall rocks. The results for holes 027, 028, 030 and 033 confirm the extension of high-grade mineralization to the east of Trench GP5, plunging to the southeast. Radius's President, Simon Ridgway, said "We're excited to see such a high proportion of high-grade hits in the Guapinol drilling. If Poza del Coyote is included, close to 750m strike length of this vein system has been tested and there are still many high-priority soil anomalies to be addressed." Planned Work Gold Fields has completed the current round of drilling at Guapinol South and are awaiting final assay data before completing their interpretation of results. A second phase of drilling (4 core holes) has begun at the high-grade Poza del Coyote vein where earlier drilling returned up to 9.1m @ 21.9g/t Au (see news release 2003-06 May 27, 2003). Drilling is also planned for the Cliff Zone, a new vein outcrop discovered between Poza del Coyote and Guapinol South. Sampling of the Cliff Zone has returned values ranging from approximately 1 g/t to 22.7 g/t Au. In-fill soil sampling is planned for parts of the Guapinol South and North areas, and reconnaissance sampling in the GP-20, 21 and 22 trenches will be followed-up. Once further surface evaluation has been completed, drill programs are also likely for the Guapinol North zone and the western extension of Guapinol South. A map showing Gold Field's planned work is available on the Radius website (www.radiusgold.com).

To: jrhana who wrote (25)	9/4/2003 8:31:49 PM
From: Nikole Wollerstein	Respond to of 71

VANCOUVER, BRITISH COLUMBIA, Sep 4, 2003 (CCNMatthews via COMTEX) -- Pillar Resources Inc. ('Pillar') and Radius Exploration Ltd. ('Radius') are pleased announce the start of the second phase of drilling at the Marimba joint venture project in eastern Guatemala, and additional trench results from the Banderas project. Marimba Project Drilling at Marimba is due to start on Monday, September 8th, and will focus on the Cerro T and Lantiquin projects which were first drilled by Pillar earlier this year. At Cerro T, the drill program has been designed to outline a near surface, heap leachable oxide gold resource and to extend the known strike length of the gold mineralization further to the east. Pillar's first-phase drilling at Cerro T cut gold-bearing brecciated and silicified limestones over a 700m strike length. Grades ranged from 1.3 g/t Au over 22.9m to 2.6 g/t Au over 8.3m, and preliminary metallurgical tests indicated that the mineralization will be readily amenable to heap leaching (see June 16th and July 7th press releases). At Lantiquin, the second-phase program will test the strike and dip extension of gold mineralization within a 40 m wide shear zone. Pillar's first-phase drilling returned intersections of +1 g/t Au over widths of up to 10m associated with quartz-carbonate stockworking in sheared greenstones. The drilling tested a 200m strike length, and indicated that gold grades may be increasing with depth (June 16th release). Banderas Project Preliminary gold assays have been received for 8 new trenches at Banderas which targeted the northern extension of the M28 zone, and the Pyramid Hill zone, a parallel structure roughly 500 m west of the M28 zone. Previous trenching intersected mineralized pyritic silicified breccias, which are now known to occur in the hangingwall and/or footwall of the main vein structures at Banderas. The latest trenches tested the veins themselves to follow up higher grade float and outcrop samples from previous work. At Pyramid Hill, trenching exposed quartz veins 1-2m wide and silicified breccias up to 6m wide over 600m strike length of the zone. The best result was 6.95 g/t Au over 4.8m from vein and breccia material in trench PHT003, which included 10.3 g/t Au over 2.1m from the quartz vein itself. Trench M28T012, across the original M28 vein discovery, averaged 12 g/t Au + 269 g/t Ag over 7m (15.8 g/t gold equivalent at 70:1 Ag:Au). This interval included a 1m sample which returned 41 g/t Au and 838 g/t Ag and confirms the results of a previous sample from M28 which ran 28 g/t Au over 1.5m. Results from trenches testing the northern extension of the M28 zone are pending. Background Information Pillar is earning a 60% interest in both the Marimba and Holly/Banderas projects from Radius Explorations Ltd. To exercise the Marimba option, Pillar must spend CAD$2.5-million in exploration expenditures on the Project by October, 2005. To exercise the Holly/Banderas option, Pillar must spend CAD$4.0-million in exploration expenditures on the Project over three years. Pillar has agreed to honour a right of first refusal held by Gold Fields Exploration B.V. pursuant to a prior agreement between Radius and Gold Fields, which requires that if Pillar proposes to transfer any of its interest in the Marimba or Banderas projects to a third party, it must first offer to transfer such interest to Gold Fields. Qualified Persons