Identification of a low-level point radiation source amidst background radiation is achieved by a network of radiation sensors using a two-step approach. Based on measurements from three sensors, the geometric difference triangulation method is used to estimate the location and strength of the source. Then a sequential probability ratio test based on current measurements and estimated parameters is employed to finally decide: (1) the presence of a source with the estimated parameters, or (2) the absence of the source, or (3) the insufficiency of measurements to make a decision. This method achieves specified levels of false alarm and missed detection probabilities, while ensuring a close-to-minimal number of measurements for reaching a decision. This method minimizes the ghost-source problem of current estimation methods, and achieves a lower false alarm rate compared with current detection methods. This method is tested and demonstrated using: (1) simulations, and (2) a test-bed that utilizes the scaling properties of point radiation sources to emulate high intensity ones that cannot be easily and safely handled in laboratory experiments.