RDU Radius Gold Inc

Radius Gold Inc. (TSX VENTURE:RDU)(OTCBB:RDUFF) announces that as a result of
its participation in a private placement in Medgold Resources Corp. ("Medgold"),
it has acquired for a purchase price of $500,000 direct ownership of 5,000,000
units (the "Units") at a price of $0.10 per Unit. Each Unit consists of one
common share of Medgold and one warrant to purchase an additional common share
of Medgold exercisable at a price of $0.15 per share for two years. As a result
of this transaction, and assuming the exercise of the warrants in full, Radius
Gold would own 10.0 million common shares, which would represent 25.1% of the
then issued and outstanding common shares of Medgold. However, the warrants have
a restriction on exercise such that Radius may only exercise at any given time
the number of Warrants that will not result in Radius owning 20% or more of
Medgold's outstanding common shares


The shares were acquired by Radius for investment purposes, and it may from time
to time, directly or indirectly, acquire additional securities of Medgold.
Radius has filed on www.sedar.com a report in accordance with NI 62-103, and a
copy of the report may be obtained by contacting Radius at the address noted
below.


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.
Simon Ridgway
604-801-5432 or Toll Free 1-888-627-9378
604-662-8829 (FAX)
info@goldgroup.com
www.radiusgold.com

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