VANCOUVER, June 20, 2012 /PRNewswire/ - Radius Gold Inc.
(TSX-V: RDU) would like to comment on recent events near the Tambor
gold mine development project in the municipalities of San Jose del
Golfo and San Pedro Ayampuc in southern Guatemala. Radius's joint venture partner,
Kappes Cassiday and Associates, of Reno, is the project operator
and is constructing a small gold mine at the site.
On June 13, a
local activist, Yolanda Oqueli
Veliz, was shot and wounded by -as yet- unidentified
attackers. Local police are investigating the incident. Radius
wishes Ms. Veliz a speedy and full recovery and categorically
condemns the shooting. Further, Radius's management urges all
stakeholders and community members around the Tambor project to
refrain from the use of violence as a means to settle disputes.
Simon Ridgway,
the Chairman of Radius, commented: "We're in disbelief over the
shooting. We have no idea what the shooting is related to and the
circumstances are under investigation by the police, but regardless
of the cause, nothing can be achieved by violence and we utterly
condemn it. We've been in touch with the local and national
authorities to see what we can do to assist in the investigation of
the incident, and we've also been speaking to the Canadian embassy
in Guatemala City to keep them
updated."
The Company has recently become aware of various
inflammatory articles on the internet directly linking it to the
shooting of Ms. Veliz. Any such assertions are ridiculous and
completely untrue and can only add to the local tensions. Radius
has always denounced the use of violence, and the Company and its
employees have never engaged in, incited, or supported violence
within the communities in which it works.
Radius has been working at Tambor since 2000
with the support of the local community, conducting exploration
work without incident, and has engaged with the community and local
authorities at every stage in the discovery and development
process. The management team has been working in South and
Central America for close to 20
years and has always had detailed discussions with the local
communities near its projects.
Further updates will be provided as and when
Radius is aware of any new developments.
About Radius
Radius has been exploring for gold in
Latin America for over a decade.
It has assembled interests in a portfolio of promising gold
projects in Guatemala and
Nicaragua, and a number of 100%
owned exploration plays, including extensive landholdings in
southern Guatemala. Please
call toll free 1-888-627-9378 or visit our web site
(www.radiusgold.com).
ON BEHALF OF THE BOARD
"Ralph Rushton"
President
Neither the TSX Venture Exchange nor the
Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy
or accuracy of this release.
Forward-Looking Statement
Some of the statements in this news release contain
forward-looking information that involves inherent risk and
uncertainty affecting the business of Radius Gold Inc. Actual
results may differ materially from those currently anticipated in
such statement.
SOURCE Radius Gold Inc.