Radius Advances Permitting and Defines an Expanded Copper Mineralization Footprint at Tierra Roja Project, Peru
news release
March 18, 2026
Radius Advances Permitting and Defines an Expanded Copper Mineralization
Footprint at Tierra Roja Project, Peru
Vancouver, British Columbia – Radius Gold Inc . (TSXV: RDU ) (“Radius” or the “Company”) reports
continued permitting progress and expanded geochemical definition of copper and sil ver
mineralization at its Tierra Roja copper project located in the district of Atico, Province of Caravelí,
Arequipa, southern Peru.
Permitting Updates
The Company has received provisional authorization for surface lands from the Superintendencia
Nacional de Bienes Estatales (SBN) as part of the ongoing administrative process to establish the
temporary surface access required for exploration activities.
Radius has also submitted the application for Authorization to Initiate Exploration Activities to the
Gerencia Regional de Energía y Minas (GREM) of Arequipa , representing the final administrative step
in the permitting sequence prior to commencement of the planned initial drill program.
Expansion of Surface Mineralization Footprint
The updated project map shown below integrates results from previous sampling campaigns together
with 15 recent reconnaissance rock samples collected during the latest field campaign. The results
confirm continued anomalous copper and silver values and extend the geochemical footprint of
mineralization beneath partial caliche cover.
Copper and silver mineralization is associated with oxidized expressions developed over volcanic and
sedimentary host rocks. The distribution of anomalous copper and silver values, together with
geological mapping and geophysical surveys, supports the Company’s interpretation of a concealed
mineralized system partially masked by caliche cover.
Proposed drill targets have been designed to test covered areas within the northern portion of the
project where geochemical, geophysical and geological indicators suggest the continuation of
mineralization at depth.
1111 Melville Street, Suite 1000
Vancouver, BC V6E 3V6, Canada
www.radiusgold.com
T 604.801.5432
F 604.662.8829
TF 1.888.627.9378
TSX.V: RDU
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Based on the current distribution of anomalous surface samples and geological interpretation, the
Company considers the principal target corridor to extend for approximately 750 metres in strike
length and up to 450 metres in width beneath partial caliche cover.
Alejandro Ly, Vice President Exploration of Radius, stated:
“Permitting at Tierra Roja continues to advance and recent surface sampling confirms that copper
mineralization extends beneath caliche cover, expanding the footprint of the system. Our geological,
technical and permitting work are progressing in parallel as we continue improving our understanding
of the controls on mineralization and preparing the project for its planned initial drill program.”
Sampling, Analytical Procedures and QA/QC
Surface sampling at Tierra Roja includes rock samples, trench samples and samples collected from
shallow excavations during multiple reconnaissance campaigns completed by previous operators and
by Radius. Radius has reviewed the available historical surface sampling database and has undertaken
confirmation sampling that is consistent with the copper and silver geochemical anomalies identified
to date on the project. Samples collected by Radius were analyzed by independent laboratories using
established analytical and QA/QC procedures. As exploration advances, Radius will continue to apply
industry-standard sampling and analytical protocols and follow recognized QA/QC practices in
accordance with applicable regulatory requirements.
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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 reviewed and approved the technical info rmation contained in this news
release.
About Radius Gold Inc.
Radius has a portfolio of exploration projects located primarily in Mexico and Peru, which it advances
independently and through partnerships to preserve treasury strength. Management continues to
evaluate new acquisition opportunities globally. Radius is a member of the Gold Group of companies
led by Simon Ridgway.
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: [email protected]
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 condi tions 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 minera l 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,
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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.