Radius Gold Inc. reported additional drill results from Holly Property, Guatemala, operated by joint venture partner, Volcanic Gold Mines Inc. Complete assays have been received for all previously pending drill holes. Full results tables and additional maps and geological sections are available on the Radius website. Highlights from recent drill results include: La Peña vein Hole HDD-22-030 intersected 11 .4 g/t Au and 1,150 g/t Ag over 1.52m within a broader interval of 10.68 m grading 2.07 g/t Au and 389 g/t Ag; La Peña vein additional sampling of Hole HDD-22-022 reported 11.2 g/t Au and 522 g/t Ag over 1.53m.

The Company's JV partner, Volcanic Gold Mines Inc., is working on a maiden resource calculation and will follow that with a preliminary economic analysis aimed to show that the high-grade La Pena vein deposit could be mined from underground, causing minimal surface disruption. It is envisaged that trucking of high-grade ore to a nearby mill could minimise on-site processing and associated costs and impacts. The strategy is to calculate an approximate value of the deposit and potential income and be able to offer concrete benefits and much needed long term employment opportunities to the local communities.

The Company expects the Holly project can grow significantly through exploration, but at this time it is important to define clearly the opportunity and potential impact of the project to all stakeholders. The company plan to establish significant value at Holly for all the stakeholders. Elsewhere in Guatemala the Volcanic is evaluating the land position optioned from Radius on in May 2020.

Several areas of significant promise have been identified and Volcanic is in the process of getting those concessions granted and drill permitted.