November 17, 2025 – TheNewswire - Vancouver, Canada – Radius Gold Inc. (TSXV: RDU) ("Radius" or the "Company") is pleased to announce the appointment of Mr. Alejandro Ly as Vice President, Exploration, bringing more than 25 years of discovery-driven experience across the Americas and a proven discovery record advancing projects from early-stage prospecting to resource development and feasibility.

Mr. Ly is a dual U.S.–Peruvian exploration geologist from a multi-generational mining family and a Certified Professional Geologist (AIPG CPG 11723) with extensive leadership in precious and base-metal systems across the Americas.

Mr. Ly played a central role in the discovery and definition of the 15+ Moz Goldrush deposit in Nevada during his nine-year tenure with Barrick Gold.  As Project Geologist for Goldrush, he was a key member of the team that received the 2014 Thayer Lindsley Award for International Mineral Discovery of the Year from the Prospectors & Developers Association of Canada.  Mr. Ly also contributed to the resource definition and development of the 30 Moz Donlin Gold deposit in Alaska.  He has since held senior project leadership and technical roles with Rio Tinto, MMG, and Nyrstar, managing exploration programs ranging from early-stage target delineation to resource modelling and feasibility.

As Vice President, Exploration, Mr. Ly will lead Radius’ technical team, project evaluation, and field operations, with an immediate focus on advancing the Tierra Roja copper project and leveraging his extensive Peruvian, Mexican and U.S. connections to expand Radius’ project pipeline.

Bruce Smith, President & CEO of Radius Gold, stated:  “Alejandro brings world-class discovery experience and a deep understanding of the geological environments that matter most to Radius.  His track record advancing projects from early exploration through development will be invaluable as we advance Tierra Roja and evaluate new opportunities across Peru, Mexico, and the broader Americas.”

Alejandro Ly commented:  “Radius Gold holds a compelling portfolio with meaningful upside in both precious and base metals.  Having recently visited Tierra Roja to review targets and supervise drill pad construction, I am excited to commence drilling and to apply my experience to identify and advance additional opportunities for the Company.  I look forward to working with Radius’ technical team to build long-term value through disciplined, discovery-focused exploration.”

 

Tierra Roja Project – Drilling Program Status

Radius has continued to prepare for drilling at the Tierra Roja copper-gold project, where the Company has completed extensive geological mapping, sampling, and target definition.

The Company has:

• defined initial drill targets 

• constructed drill pads 

• engaged drilling contractors and field staff 

• secured water supply 

• received the Environmental Permit (DIA) 

The project area is uninhabited and located on federal land, with no community presence or occupants on site.

All required permissions to commence drilling have been obtained except for a final administrative access waiver that applies to federally managed but unoccupied land.  The Company notes that this last step has taken considerably longer than anticipated, despite consistent and proactive engagement with the relevant authorities.

Radius is ready to commence drilling immediately upon receipt of this final authorization.

Mr. Smith added:  “Our team in Peru has worked continuously to complete the required technical, environmental, and logistical steps.  We share the frustration of our stakeholders regarding the delay in receiving the final access authorization.  All field infrastructure is complete and the program is drill-ready. We look forward to initiating drilling as soon as this last permit is granted.”

Qualified Person

Bruce Smith, M.Sc. (Geology), a member of the Australian Institute of Geoscientists, is Radius’ Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.  Mr. Smith has 30 years of mineral exploration experience and has prepared and approved the technical information contained in this news release.

Radius Gold Inc.

Radius has a portfolio of projects located in Mexico, Guatemala and Peru which it continues to advance, utilizing partnerships where appropriate to retain the Company’s treasury.  At the same time, management is seeking out additional investment and project acquisition opportunities across the globe.  Radius is a member of the Gold Group of companies, led by Simon Ridgway.  You may find more information on Radius Gold at www.radiusgold.com or www.sedarplus.ca.

ON BEHALF OF THE BOARD

 

Bruce Smith

President and CEO

 

Symbol: TSXV-RDU

Contact:  Bruce Smith

1111 Melville Street, Suite 1000

Vancouver, BC  V6E 3V6, Canada

  

Tel: 604-801-5432;  Toll free 1-888-627-9378;  Fax: 604-662-8829

Email: info@goldgroup.com

Website: www.radiusgold.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Forward-looking statements

Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward- looking statements and include, without limitation, statements about the Company’s exploration plans. Often, but not always, these forward looking statements can be identified by the use of words such as “estimate”, “estimates”, “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”, “to be”, “periodically”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

 

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, whether the planned exploration work at the Company’s projects will proceed as intended; changes in general economic conditions and financial markets; the Company or any joint venture partner not having the financial ability to meet its exploration and development goals; risks associated with the results of exploration and development activities, estimation of mineral resources and the geology, grade and continuity of mineral deposits; unanticipated costs and expenses; and such other risks detailed from time to time in the Company’s quarterly and annual filings with securities regulators and available under the Company’s profile on SEDAR+ at www.sedarplus.ca.  Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

 

Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management, including but not limited to: that the Company’s stated goals and the planned exploration and development activities at its properties will be achieved; that there will be no material adverse change affecting the Company or its properties; and such other assumptions as set out herein. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.