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To: Goose94 who wrote (90915)	10/26/2020 9:39:21 AM
From: Goose94	Read Replies (1) \| Respond to of 202428

Radius Gold (RDU-V) receives drilling permit at Amalia and commences preparations for phase 4 drilling Oct 26, '20 - NR Radius Gold is pleased to announce that it has received a new drill permit for its Amalia Gold-Silver joint venture project, operated by Pan American Silver (PAAS-T) and that preparations for a phase 4 drill program are underway. At the Amalia Project, geological work, drill pad construction and road building in preparation for the upcoming program is in progress. The teams at Amalia are following strict COVID-19 safety protocols and if there are no COVID-19 outbreaks in the local area, Pan American Silver plans to start phase 4 drilling in November, 2020. Phase 4 drilling is being designed to test down dip and lateral expansions of the high-grade gold and silver mineralization of the San Pedro structure that was previously defined by drilling phases 1-3 (Figure 1). Click Image To View Full Size Figure 1. Previous drilling along the San Pedro Structure and proposed phase 4 holes The Pan American Agreement Pursuant to the option agreement signed in June 2018, Pan American Silver Corp. has the option to earn up to an initial 65% interest in Radius’s Amalia Project and Palmillas Properties by making cash payments to Radius totaling US$1.5 million (of which US$400,000 has been received) and expending over four years US$ 2 million on exploration and reimbursement of Radius’s costs to maintain its option agreements with the owners of Amalia and Palmillas. Pan American may earn an additional 10% by advancing the project to preliminary feasibility. Technical Information Bruce Smith, M.Sc. (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. Reported rock chip samples were conducted by Pan American Silver. Pan American implements a quality assurance and quality control (“QAQC”) program including the submission of certified standards and blank samples to the laboratory. The results of the QAQC samples submitted demonstrate acceptable accuracy and precision. Radius Gold Inc. Radius has a portfolio of projects located primarily in Mexico, United States and Guatemala which it continues to advance, utilizing partnerships where appropriate in order to retain the Company’s strong treasury. At the same time, management is seeking out additional investment and project acquisition opportunities across the globe. ON BEHALF OF THE BOARD Simon Ridgway President and CEO Symbol: TSXV-RDU Contact: Simon Ridgway 200 Burrard Street, Suite 650 Vancouver, BC V6C 3L6 Tel: 604-801-5432; Toll free 1-888-627-9378; Fax: 604-662-8829 Email: info@goldgroup.com Website: www.radiusgold.com