Radius Gold Inc. announced that long term access agreements have been signed with property owners on the Company's Cirilo I exploration license, Motagua Norte project, in Guatemala. The Cirilo I exploration license was granted in September 2023 and covers an area of 13.5 km2 (4.5 x 3 km). The land access agreements will allow access to, and exploration of the high-grade Mila gold-silver prospect and nearby mineralized veins.

An environmental permit to undertake surface and trench sampling is in place. Radius's JV partner, Volcanic Gold Mines is preparing for a trenching and drilling campaign in the new year. The Volcanic team have observed abundant visible gold at surface in veins and stockwork zones at Mila, with continuous lines of rock chip sampling across mixed outcrop, subcrop, and colluvium boulder fields returning up to 34 m averaging 42 g/t gold, and 24 m averaging 54 g/t gold.

The exploration team are keen to start systematic work on the project to follow-up on these exciting results. With access agreements signed, Volcanic will conduct a detailed geological mapping and trenching and prepare the way for drill-testing in the new year. As the same time, Volcanic is engaging with the local communities to keep them informed and involved as the project moves forward.