Radius Gold Extends Warrants

VANCOUVER, May 24, 2012 /PRNewswire/ - Radius Gold Inc. (TSX-V: RDU) announces that its Board of Directors has determined that it is in the best interests of the Company to extend the expiry date of certain private placement warrants previously issued by the Company.  Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of 6,285,001 outstanding warrants exercisable at $0.37 per share has been extended by one year to June 16, 2013, and 3,050,000 outstanding warrants exercisable at $0.55 per share has been extended by one year to July 3, 2013.

About Radius

Radius has been exploring for gold in Latin America for over a decade.  It has assembled interests in a portfolio of promising gold projects in Guatemala and Nicaragua, and a number of 100% owned exploration plays, including extensive landholdings in southern Guatemala.  Please call toll free 1-888-627-9378 or visit our web site (www.radiusgold.com).

ON BEHALF OF THE BOARD
"Ralph Rushton"
President

Investor relations:  Jaclyn Ruptash
Symbol: TSXV-RDU; OTCBB-RDUFF
Shares Issued: 86.6-million

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.

SOURCE Radius Gold Inc.