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Radius Gold Inc.

03:57 PM EST - Radius Gold Inc. : provided an update on the Company's broad portfolio of gold projects in Central America and the Yukon Territory. Drilling has commenced at Radius' 100%-owned Sixty Mile project in the Yukon Territory and management anticipates that drilling will commence at the HB silver-gold project in Eastern Guatemala in October. Solomon Resources has raised the funds and is about to commence drilling on the Ten Mile Creek project in the Yukon Territory. Radius Gold Inc. shares V.RDU are trading down $0.02 at $0.61.