Radius Gold Inc.

Published : February 28th, 2008

Provides an Update on its Nicaragua Exploration Programs

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Radius Provides an Update on its Nicaragua Exploration Programs

Vancouver, Canada: Simon Ridgway, the President of Radius Gold Inc.
(TSX-V: RDU), is pleased to provide a brief update of recent progress
on the Company's exploration programs in Nicaragua. Radius is
exploring a number of epithermal gold systems in central and northern
Nicaragua including the 100% owned Tr�bol vein system and the Estrella
de Oro project. A man-portable diamond drill rig has been contracted
and mobilized to Nicaragua for use on the Company's Nicaraguan projects
in the 2008 field season.

Radius is working in close consultation with the local communities in
all of its projects to ensure local support for its exploration
activities, and is a major employer in these communities.

Estrella de Oro

Estrella de Oro is a recently acquired gold property located 17km west
of Siuna, near the historical Bonanza District in north-central
Nicaragua. The concession comprises 46,000 hectares and covers an
historic gold operation.

Trenching has commenced in the vicinity of the old workings on Cerro
Estrella ridge. Eight trenches have been excavated to date over an
area approximately 350m x 140m. Outcrop is very poor due to dense
vegetation cover. Initial assay results have been received and the most
significant weighted average channel sample results are as follows:

- TR-LE-001 15.2m @ 6.73 g/t Au, incl. 2.72m @ 10.24 g/t Au & 1.3m @
44.17 g/t Au
- TR-LE-002 12.3m @ 1.55 g/t Au
- TR-LE-003 9.3m @ 3.77 g/t Au, incl. 3.62m @ 7.15 g/t Au
- TR-LE-004 4.9m @ 8.55 g/t Au

The results confirm that the gold mineralization is associated with a
sequence of steeply-dipping to sub-vertical quartz veins showing
variable widths, and hosted within strongly altered volcanic tuffs.

Despite the success of the initial trenching, the geology and
distribution of the vein trends remains poorly understood and further
trenching and sampling is underway in the Cerro Estrella area in order
to better define the continuity of the mineralization along strike to
the northeast and southwest. Regional drainage sampling is also
underway to define additional targets: visible gold can be panned from
several surrounding streams.


Tr�bol is an early-stage epithermal gold property located in the Region
Autonoma Atlantico Norte (RAAN), northeastern Nicaragua. Work has
resumed there after Hurricane Felix halted Radius's program in late
2007. Access is being restored and a new exploration camp constructed.

Further trenching is underway after initial work defined a system of
alteration and gold mineralization associated with low-lying silicified
ridges over a strike extent of at least 5 km. The new trenching,
combined with soil geochemical surveys, will better define the width
and strike of the alteration and mineralization. Early scout drilling
is anticipated to provide valuable information on the geological and
structural controls on mineralization, and confirmation of the presence
of gold mineralization below the surface weathered zone.

The Company previously reported the following channel sample results
from initial trenching (see news release dated October 16, 2007, and a
trench location map on the Radius website www.radiusgold.com):

- Trench 2 - 10.4m at 1.3 g/t Au
- Trench 3 - 34m at 1.0 g/t Au
- Trench 4 - 35.25m at 4.9 g/t Au including 17.6 g/t Au over 8.35m
- Trench 5 - 11.65m at 2.73 g/t Au
- Trench 13 - 6m at 1.73 g/t Au

Outcrop at Tr�bol is very poor due to vegetation cover. Trenching to
bedrock has generally shown that higher grade gold mineralization (>2
g/t Au) is associated with quartz veins which show multiple trends, and
are enclosed and/or intercalated with lower grade quartz stockworks.
This may indicate potential for bulk-tonnage mineralization.

La India and San Pedro

The Company reports that it is in discussions with potential joint
venture partners for these properties. The Company will report on
developments as they occur.

PDAC Toronto

Radius will be attending the annual Prospectors and Development
Association of Canada conference, March 2 -- 5, in Toronto, and would
like to extend an invitation to its Booth # 2433 in the Metro Toronto
Convention Centre.

Assay Protocol & Qualified Person

The scientific and technical information in this release was prepared
under the supervision of Mr. David Cass, Radius's Vice-President of
Exploration, who is a member of the Association of Professional
Engineers and Geoscientists of British Columbia, and a "Qualified
Person" in accordance with National Instrument 43- 101.

For further information on Radius Gold Inc., please call toll free
1-888-627-9378 or visit our web site www.radiusgold.com.

The TSX Venture Exchange has not reviewed and does not take
responsibility for the adequacy or accuracy of this release.


"Simon Ridgway"
Simon Ridgway, President

Investor relations: Ralph Rushton / Erin Ostrom
Shares Issued: 53.5-million

Associated File:
44 KB in size, approx. 9 seconds to download at 56.6Kbps

Copyright (c) 2008 RADIUS GOLD INC. (RDU) All rights reserved. For
more information visit our website at http://www.radiusgold.com/ or
send mailto:news@goldgroup.com

Radius Gold Inc.

ISIN : CA7504681007
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Radius Gold is a gold exploration company based in Canada.

Radius Gold holds various exploration projects in Guatemala, in Nicaragua and in Peru.

Its main asset in development is TAMBOR in Guatemala and its main exploration properties are EL PAVON, TREBOL and LA PATRIOTA in Nicaragua, BANDERAS and HB in Guatemala, 60 MILE in Canada, TLACOLULA in Mexico and RUBI PROJECT in Peru.

Radius Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 18.2 millions as of today (US$ 14.6 millions, € 12.7 millions).

Its stock quote reached its highest recent level on November 21, 2003 at CA$ 2.03, and its lowest recent point on December 05, 2008 at CA$ 0.04.

Radius Gold has 86 675 617 shares outstanding.

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Nominations of Radius Gold Inc.
5/8/2007Appoints New VP Exploration
Project news of Radius Gold Inc.
8/31/2012sells Interest in Guatemala Gold Property
8/14/2012Radius Gold closes sale of Nicaraguan Projects to B2Gold
5/9/2011(Banderas)Provides Update on Eastern Guatemala Gold/Silver District
3/19/2008(San Pedro) Options Its San Pedro Gold Project to Vannessa Ventures
2/28/2008(Estrella De Oro) Provides an Update on its Nicaragua Exploration Programs
2/11/2008(Tambor)Metallurgical Tests on Tambor Sample Achieve Gold Recoveries...
10/22/2007(Tambor)Tambor Exploration Adit Returns Additional Intercept of 65.6...
9/6/2007(Tambor)Tambor Exploration Adit Returns 74.5g/t Gold over 3.4m
7/18/2007Exploration Adit at Radius's Tambor Gold Project Intersects ...
3/27/2007(Tambor)Begins Underground Exploration at Tambor
Corporate news of Radius Gold Inc.
6/14/2016Radius Gold Provides Property and Investments Update
5/11/2016Radius Gold Comments on Media Reports of Temporary Suspensio...
4/28/2016Radius Gold Announces Intention to Terminate SEC Reporting O...
2/1/2016Radius Gold Provides Update on Operations
4/23/2015Obtains Shareholder Approval of Proposed Change of Business
4/16/2015Focus Completes Sale of Royalty on Bayovar 12 Phosphate Proj...
4/16/2015Radius Completes Purchase of Royalty on Bayovar 12 Phosphate...
3/26/2015Early Warning Report
3/10/2015Focus Accelerates Purchase of 70% of JPQ, Owners of Bayovar ...
3/10/2015Radius Gold Acquires Option on Margarita Silver Property, Me...
2/25/2015Radius Gold provides update on proposed Change of Business
1/7/2015Radius Gold Proposes Change of Business to Investment Issuer
1/7/2015IIROC Trading Halt - RDU
11/6/2014Early Warning Report
9/2/2014Radius Commences Drilling at Blue Hill Gold Project, Idaho
7/14/2014Radius Options Blue Hill Gold Project, Idaho From Otis Gold ...
10/8/2013Begins Drilling at Santa Brigida Silver-Gold Project, Mexico
5/24/2012Extends Warrants
12/3/2011Radius Gold Announces Shareholder Approval for Spin-Out
7/13/2011Defines Anomalous Au-Hg-Sb-As-Tl in Soil/Stream Sediment Sam...
7/7/2011Completes $3.66 Million Private Placement
6/6/2011Drilling has commenced at Radius' Sixty Mile Project, Yukon ...
5/27/2011Plans Spin Out of Yukon Assets
5/16/2011Samples 58.26 g/t Au and 1,937 g/t Ag over 5.1 m at Pino Zon...
4/12/2011Exploration Underway at Radius' Sixty Mile Project, Yukon Te...
11/1/2010Exercises Option on Sixty Mile Claims, Yukon
5/9/2008Starts Drilling in Nicaragua
4/7/2008 Provides an Exploration Update
11/14/2007 Acquires Sediment-Hosted Gold Project in Peru
10/17/2007Update on Nicaragua Exploration Programs
9/25/2007Commences Exploration at the Rubi gold - silver Property, Pe...
8/30/2007President, Simon Ridgway, Interviewed by WallSt.net
8/28/2007signs option to acquire the Rubi gold - silver property, Per...
5/29/2007announces initial sampling results from its Trébol property,...
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