Radius Gold Inc V.RDU

Alternate Symbol(s): RDUFF

Metals & Mining Gold

Radius Gold Inc. is engaged in the acquisition and exploration of mineral properties and investment in companies, which hold mineral property interests. It has a portfolio of projects located in Mexico and Guatemala. Its projects include Plata Verde Project, Amalia Project (including the Palmillas Property), Holly Project, and Motagua Norte Project. The Plata Verde Project is located north of the Company’s Amalia Gold-Silver project and east of the Batopilas silver mining district. The Amalia Project is comprised of about 9,794 hectares (ha) located in the Sierra Madre gold belt in the State of Chihuahua, Mexico. The Holly property straddles the regional Jocotan Fault which forms part of the Motagua Suture Zone, about 400 kilometers (km) long by up to 80 km wide deformation zone that separates the North American and Caribbean plates. The Holly project is under a joint venture agreement with Volcanic Gold Mines. The Motagua Norte project has about 86 square kilometers land position.

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Radius Gold Inc

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Comment by Windtalkeron May 09, 2008 1:06am

444 Views

Post# 15054681

Alvarez....RE: Insider buying

Ridgeway has been buying consistently since January. You list falls well short of his actual purchases for the year thus far. Tribol is where Ridgeway has his sights set. Drilling is to start there in a couple of months. From what I have heard, the property has some real potential but only trenching to go by thus far. Cash currently stands at approx. 5.2 million with a monthly burn rate of 250,000. This seems to be a make or break year for Radius.

Stay tuned.

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