Radius options Yukon Snowcap project to Wesgold Minerals

VANCOUVER, Nov. 9 /PRNewswire-FirstCall/ - Radius Gold Inc. (TSX-V: RDU) is
pleased to announce that it has granted to Wesgold Minerals Inc. an option to
earn a 60% interest in Radius' 100% owned Snowcap project in central Yukon
Territory. Wesgold is a private B.C. company which intends to apply for a
listing on the TSX Venture Exchange.
In order to exercise the option, Wesgold must incur an aggregate of $1,000,000
in exploration expenditures on the property and issue to Radius a total of
1,000,000 Wesgold shares according to the following schedule:

Due date Shares Expenditures
On signing 200,000 -
Dec. 31, 2009 - $ 100,000
On public listing of Wesgold 200,000 -
Oct. 30, 2010 200,000 200,000
Oct. 30, 2011 200,000 300,000
Oct. 30, 2012 200,000 400,000
----------- ------------
1,000,000 $ 1,000,000
----------- ------------
----------- ------------

"Optioning this newly acquired property to Wesgold provides excellent leverage
to our shareholders," said Simon Ridgway, President of Radius. "Wesgold is
going to complete an aggressive exploration program with skilled personnel at
no cost to Radius, while providing us with a significant retained interest."
It is a further condition of the agreement that Wesgold obtain a public
listing on the TSX Venture Exchange by May 1, 2010. Once Wesgold has completed
its share payments and exploration expenditures, Wesgold and Radius will enter
into a 60/40 joint venture to further explore and develop the property.
Wesgold intends to carry out a low-level, high resolution, multi-sensor
airborne geophysical survey to map lithological units, structure, and
alteration zones at Snowcap. In addition, Wesgold will carry out deep soil
sampling to confirm and enhance gold and mercury soil anomalies identified in
the 1980's that occur close to a complex sequence of chalcedonic tuffs and
phreatic breccias with sinter clasts associated with Tertiary felsic volcanic
centres along a 15 kilometre long structural trend. Both Radius and Wesgold
consider the known geological and geochemical setting as highly favourable for
the location of low-sulfidation, structurally controlled, epithermal gold
mineralization.

Qualified Person

David Cass, Radius's Vice-President of Exploration, is a member of the
Association of Professional Engineers and Geoscientists of British Columbia
and is the Company's Qualified Person as defined by National Instrument
43-101. Mr. Cass is responsible for the accuracy of the technical information
in this news release.

About Radius

Radius Gold Inc. has been exploring for gold in Central America for nearly a
decade, and management is currently assembling a portfolio of royalties on
promising gold projects in South and Central America. In Guatemala, under
joint venture with Kappes Cassidy, Radius is developing a small, high grade
gold mining operation on the Tambor project. In Nicaragua, B2Gold is exploring
Radius' extensive land holdings and investigating early gold production
opportunities from the Pavon project. Radius recently optioned the Nueva
California project in Peru for 1-million shares in Focus Ventures and royalty
interests in any future production from the project.

ON BEHALF OF THE BOARD

"Ralph Rushton"
Ralph Rushton,
Vice-President, Corporate Development

Contact: Ralph Rushton/Erin Ostrom,
Symbol: TSXV-RDU; OTCBB-RDUFF
Shares Issued: 53.5-million

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.

SOURCE Radius Gold Inc.

on Radius Gold Inc. and its properties, please call toll free 1-888-627-9378
or visit our web site (www.radiusgold.com)