Annuncio • Apr 10
Rio Silver Inc., Annual General Meeting, Jun 12, 2026 Rio Silver Inc., Annual General Meeting, Jun 12, 2026. Location: british columbia, vancouver Canada Annuncio • Apr 08
Rio Silver Inc. Reports Initial Metallurgical Results for Maria Norte Silver-Gold-Lead Property Rio Silver Inc. provided an update on the progress made by the Company regarding its ongoing metallurgical work on the Maria Norte silver-gold-lead property. The most recent metallurgical results indicate that high silver and gold recoveries are achievable. The Maria Norte silver-gold-lead property is located in the historic Huachocolpa Mining District in central Peru and covers an area of approximately 388 hectares. The Property is accessible by road and is adjacent to Silver X’s Tangana mining unit currently in production. Permitting is in progress and documentation has been submitted. Bulk sampling extraction is permitted while awaiting final approval for the environmental permit (IGAC) from the Peruvian government. Initial metallurgical results have confirmed the high recoveries of silver and gold at Maria Norte. The zinc content is determined to be insignificant compared with the silver-gold-lead. Metallurgical work and future processing focused on the recoveries of silver-gold-lead and therefore, the Company will design its processing methods to produce two concentrates consisting of a silver-gold-lead concentrate and a lower grade gold-silver-pyrite concentrate with minor amounts of lead. More importantly concentrates are expected to contain low amounts of arsenic. A large composite sample over several tens of metres was recently taken from one of the surface showings exposing a quartz-lead (“Qtz-Pb”) sulphide vein with widths varying between 0.3 to 1.0 metre in width. The head grade of the composite sample returned 3.00 grams per metric tonne gold and 4.32 ounces per metric tonne silver, 4.05% lead and 1.61% lead oxide. Metallurgical results using flotation methods produced two concentrates. The first concentrate returned a mineral to concentrate ratio of 25 to 1, assaying 14.57 grams per metric tonne gold, 53.64 ounces per metric tonne silver, and 54.17% lead. The second concentrate showed a mineral to concentrate ratio of 6.2 to 1 assaying 10.16 grams per metric tonne gold, 9.67 ounces per metric tonne silver and 13.85% lead. Both concentrates returned low arsenic levels returning 0.33% and 0.36% respectfully. Jeffrey Reeder P.Geo, a qualified person as defined in NI 43-101, has prepared, supervised the preparation or approved of the scientific and technical disclosure contained in this news release. The metallurgical work was performed by Jose Orlando Moncada Rejas, Ing, who is the metallurgist responsible for the work performed. Assaying of the material was performed by Procesmin Ingenieros SRL, located in Caraz Ancash, by fire assay for gold-silver. Annuncio • Apr 02
Rio Silver Inc. announced that it has received CAD 3 million in funding from 2176423 Ontario Ltd. On March 31, 2026, Rio Silver Inc. closed the transaction. The company issued 8,571,429 units at a price of CAD 0.35 per Unit for gross proceeds of CAD 3,000,000. Each Unit is comprised of one common share of the Company and one-half of a common share purchase warrant, with each Warrant exercisable to purchase an additional common share of the Company at a price of CAD 0.50 per common share for a period of 24 months from the date of issue. All securities issued are subject to a statutory 4-month hold period expiring on July 28, 2026. No finders fees or commission were paid in connection with the closing of the Offering. Eric Sprott through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired an aggregate of 5,714,285 Units pursuant to the Offering for total consideration of CAD 1,999,999.75. Prior to the Offering, Sprott did not beneficially own or control any securities of the Company. As a result of the Offering, Mr. Sprott now beneficially owns or controls 5,714,285 Common Shares and 2,857,143 Warrants of the Company, representing approximately 10.0% on an undiluted basis and 14.3% on a partially-diluted basis assuming the full exercise of such Warrants held by the Offeror. Annuncio • Feb 26
Rio Silver Inc. Secures Community Permission to Commence Site Activities at Maria Norte, Peru Rio Silver Inc. announced that it has received permission from the local community to commence planned site activities at its Maria Norte Project in Peru. The agreement allows the Company to begin establishing the necessary infrastructure to efficiently start exploration and development of the Maria Norte Property. The agreement follows ongoing dialogue and participation from local residents and community leadership. With this initial agreement, the Company will continue to work with the local community and the broader Huachocolpa community to enter into a formal definitive agreement for the long-term use of the area for both exploration and mining activities. Rio Silver may now proceed with planned access preparation and related technical initiatives in alignment with the community's support. Huachocolpa: A Community Built on Mining Heritage: The Huachocolpa District has long been recognized as a region rooted in mineral development, with a proud legacy of resource extraction. Compania de Minas Buenaventura ("Buenaventura"), Peru's historic mining company, initially commenced operations in this district in the 1950s. The future for the project and for partnership with the community is truly exciting. With formal authorization confirmed, the Company intends to: Mobilize personnel to initiate planned site activities; Advance access and portal preparation work, including camp construction; Advance mineral process optimization (metallurgical) programs; Conduct systematic surface mapping and technical field programs. These activities are structured to ensure steady advancement while maintaining continued engagement and cooperation with local stakeholders. The Company also confirms that its previously announced metallurgical program to de-risk processing and optimize silver recoveries at Maria Norte remains actively underway. This technical work is focused on validating processing assumptions, refining the proposed flow sheet design, and supporting the Company's staged development strategy. Upon receipt and review of the metallurgical results, Rio Silver intends to provide a comprehensive update to the market. Community support is fundamental to responsible project advancement. A formal authorization is expected to follow from a duly convened assembly, which will provide further clarity and alignment as Rio Silver advances its silver-dominant Maria Norte Project. With the support of the local community, the Company may now proceed with planned on-site initiatives in a coordinated manner, reinforcing its commitment to long-term stakeholder value. Annuncio • Feb 25
Rio Silver Inc. announced that it expects to receive CAD 3 million in funding Rio Silver Inc. announced a non-brokered private placement to issue 8,571,429 units at an issue price of CAD 0.35 for the proceeds of CAD 3,000,000.15 on February 25, 2026. Transaction is led by Eric Sprott. Each Unit will consist of one common share of the Company and one-half (1/2) of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to acquire one additional common share of the Company at a price of CAD 0.50 per share for a period of 24 months from the date of issuance. Closing of the Offering is subject to receipt of all necessary regulatory approvals, including approval of the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period in accordance with applicable securities laws, expiring four months and one day from the date of issuance. The Company may pay finders’ fees in connection with the Offering Annuncio • Feb 06
Rio Silver Inc. Highlights Underexplored Silver-Gold Potential at Maria Norte Within Proven Peruvian Mining District Rio Silver Inc. is providing geological and operational context for its Maria Norte Project by discussing its location within the same regional mineralized corridor as the adjacent Tangana Mining Unit, operated by Silver X Mining Corp., based on publicly available disclosures and technical reporting. The Company believes this context is useful in illustrating the proven endowment of the district, while noting that mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Company's property. Maria Norte hosts multiple mapped mineralized structures, including the Castor, the Maria, the Pamela and Jess Veins, and additional prominent vein and vein splays, together with approximately 500 metres of the Las Animas vein set, which is also mapped within SilverX's West Tangana area. These vein systems occur along the same regional structural corridor and lie approximately 600 metres from vein extensions currently comprising SilverX's Tangana Mining Unit, separated by a regional fault. Mineralized exposures traced at Maria Norte to date, extending up to approximately 1,000 metres to date, show elevated silver and gold values with lesser lead and zinc, consistent with a silver-dominant vein system. By comparison, the Tangana area historically operated as a lead-zinc mining camp between 1960 and 1975, during which approximately 234,098 tonnes were extracted from four principal vein sets across a combined horizontal extent of approximately 2.5 kilometres and a vertical range of approximately 960 metres, as disclosed by SilverX. At Maria Norte, evidence of a rumoured historic tunnel or adit of approximately 400 metres is supported by the presence of a reclaimed waste dump. A single independent reference sample collected from this dump returned 12.7 ounces per tonne silver and 2.194 g/t gold. This material was historically discarded as uneconomic under previous operating conditions. This sample is not representative of mineralization at Maria Norte and should not be relied upon. Annuncio • Jan 29
Rio Silver Launches Metallurgical Program to De-Risk Processing and Optimize Silver Recoveries At Maria Norte Rio Silver Inc. has initiated metallurgical testwork that will assist in designing a process flow sheet to optimize silver recoveries from planned mineral extraction and processing activities at its Maria Norte Project, Peru. This is an important step in defining the metallurgical characteristics of the mineralization at Maria Norte. Results of this work will assist the Company in assessing the Project's potentials value. It is expected that continuing metallurgical work will pursue optimization within a disciplined, low-capital-intensity development framework. Representative samples of mineralization collected along the targeted Maria Vein, beginning at the planned portal access site and extending along surface exposures, have been submitted to Asesor Procesos Metalurgicos, a specialist firm in mineral processing circuit analysis and design based in Trujillo, Peru. The metallurgical work is being led by Jose Orlando Moncada Rojas and is focused on: Characterizing silver mineralization and liberation behavior; Evaluating processing responses and recovery optimization; Designing a preliminary processing flow sheet aligned with third-party toll-milling scenarios. Upon completion of the analytical review and process engineering phase, check samples will be submitted to Certimin in Lima for an independent follow-up check of the proposed flow sheet design and metallurgical results. This staged approach is intended to provide technical confidence ahead of processing, while maintaining flexibility and capital discipline. What's Next: Completion of metallurgical characterization and flow sheet design; Independent verification and certification of results by Certimin in Lima; Integration of metallurgical outcomes into processing and toll-milling planning; Alignment of processing parameters with access, permits, and operational sequencing; Continued advancement toward initial processing activities targeted for late 2026 or early 2027. For investors, metallurgy is one of the most important technical de-risking steps on the path to processing and cash flow. Positive, independently verified metallurgical results validate recovery assumptions, confirm processing routes, and underpin economic decision-making. At Maria Norte, this work directly supports Rio Silver's capital-efficient, third-party processing strategy by reducing uncertainty before access and material movement begins. As silver prices remain strong, projects that methodically de-risk metallurgy while preserving a low-capex development model are increasingly well positioned to convert geological potential into realizable value. Annuncio • Jan 21
Rio Silver Initiates Process to Access High-Grade Silver Surface Mineralization and Enable Underground Access at Maria Norte Rio Silver Inc. is commencing the regulatory process required to enable physical access at its Maria Norte Project, formally engaging Peru's Ministry of Energy and Mines through its General Directorate of Mining (DGM), alongside the National Superintendency for the Control of weapons and Explosives for Civilian Use (SUCAMEC). Together, the Company's established exploration and exploitation access agreements, combined with the advancement of required permits and ongoing coordination with the president of the local community, constitute the regulatory and social steps required to access exposed surface mineralization, prepare portal access, and support a staged transition underground along the mineralized structures. At Maria Norte, high-grade silver mineralization has been visually confirmed at surface, providing clear and direct targets for planned initial access. Blasting and explosive permits are required to safely break rock, access these exposed veins, and prepare portal entry ahead of any underground advancement. The permitting process in Peru involves sequential approvals, including: Mining activity authorization with the Ministry of Energy and Mines (MEM); Explosives use permit issued by SUCAMEC; Explosives purchase authorization issued by SUCAMEC. Under standard regulatory timelines, this permitting process typically requires several months to complete. Based on current engagement and procedural progress, the Company expects to receive the required permits during Second Quarter, subject to regulatory review. Once permits are received and initial access is established, future exploration planning is expected to focus on evaluating strike continuity and depth potential for long term exploitation. High-Grade Silver Confirmed by Verification Sampling: As part of the independent National Instrument 43-101 review, verification sampling was conducted by James A.McCrea, P.Geo., the independent author of the NI 43-101 Technical Report, during a site visit to the Maria Norte Project in June 2025. Sampling targeted surface vein exposures and historic waste material and returned high-grade silver values, including: 869 g/t silver, with associated lead and zinc, from a 0.5-metre surface vein channel sample; 991 g/t silver from a 0.7-metre surface vein channel samples; 396 g/t silver from a historic waste dump grab sample. Annuncio • Jan 15
Rio Silver Inc. Provides Shareholders with A Five-Step Plan to Access High-Grade Surface Silver and Advance Toward Near-Term Production At Maria Norte Rio Silver Inc. outlined the clear steps required to begin accessing high-grade silver mineralization at surface and advance into underground development at the Maria Norte Project, located in Peru's prolific Huachocolpa silver district. Recent NI 43-101 verification sampling confirmed high-grade silver mineralization exposed at surface, reinforcing the Company's confidence in a development strategy that targets the most accessible and economically attractive portions of the system first. Initial development is expected to commence by accessing surface and near-surface mineralization, with material transported to nearby third-party processing facilities, eliminating the need to construct standalone processing infrastructure. Maria Norte benefits from established site access, proximity to operating mills, and a regulatory framework that allows development and exploration activities to proceed in parallel. Together, these factors support a low-capital, fast-track pathway from exposed mineralization toward potential cash flow, while preserving meaningful upside as underground access expands. Rio Silver's near-term plan prioritizes accessing exposed, high-grade mineralization first, followed by advancing portal access to unlock additional high-grade zones below surface. Several steps are expected to occur concurrently over the coming two quarters: Community Engagement and Site Access Finalization: The Company continues constructive engagement with local leadership. The newly appointed community president is expected to convene a local assembly in the coming weeks to support final site access arrangements, enabling development activities to proceed in alignment with community priorities. Camp Mobilization Using Existing Infrastructure: Rio Silver has identified existing camp facilities in the area that can be leased, allowing rapid mobilization of personnel and equipment. This approach enables camp operations and early development work to begin without delays associated with new construction. Accessing High-Grade Surface Mineralization: Initial development efforts will focus on exposed surface veins and near- surface, where high-grade silver has already been confirmed. These areas represent the most direct and capital-efficient opportunity to begin extracting mineralized material while portal access is prepared. Portal Preparation and Transition Underground: In parallel with surface access, the Company will advance portal preparation to enable underground entry. Portal access is expected to provide direct access to the vein system at shallow depths, allowing Rio Silver to automatically advance along strike and at depth toward additional high-grade zones. Maria Norte is located within trucking distance of multiple operating processing facilities. The Company intends to utilize contract (toll) milling, enabling mined material to be transported and processed without constructing a standalone plant, significantly reducing capital intensity and accelerating the development timeline. The Company's initial focus is on accessing high-grade mineralization exposed at surface while advancing portal access in parallel, enabling early tonnes to be mined while underground development progresses along the vein system. A Proven, Capital-Efficient Development Model: The Company's strategy at Maria Norte reflects a well-established development model used throughout Peru's historic silver districts. High-grade mineralization is exposed at surface and continues along known structures, allowing development to begin with the most accessible material while progressing underground. By focusing first on surface and shallow mineralization, Rio Silver can advance portal access and underground development while minimizing upfront capital expenditures. This approach allows the Company to prioritize high-grade mineralization, manage risk, and preserve flexibility as additional exploration and development opportunities are evaluated. Strategic Location Within a Mature Milling Corridor: Maria Norte is located approximately 2.5 kilometres from a planned 3,000 tonne-per-day processing facility outlined in a recently published preliminary economic assessment by a nearby operator in the district. Rio Silver controls approximately 400 metres of the Tangana West vein, a structure historically recognized as one of the most prospective trends in the area. While multiple operators have worked within the broader corridor, Rio Silver's ownership of this portion of the system provides direct exposure to a mineralized trend that has supported development activity elsewhere in the district, reinforcing the Company's development activity in the district, reinforcing the company's confidence in a development strategy. Annuncio • Jan 07
Rio Silver Highlights High-Grade Silver Up to 6.26 g/t Au and 991 g/t Ag (28.9 oz Per Metres at Maria Norte and Advances a Clear Near-Term Development Path in Peru Rio Silver Inc. provided an update on its Maria Norte gold-silver-lead-zinc Project in central Peru, following the completion of recent technical work and site activities conducted in accordance with National Instrument 43-101. The results confirm the presence of high-grade silver mineralization, favorable geological and metallurgical characteristics, and a clear pathway toward near-term development within one of Peru's most prolific silver districts. As part of the independent National Instrument 43-101 review, verification sampling was conducted by James A. McCrea, P.Geo., the independent author of the NI 43-101 Technical Report, during a site visit to the Maria Norte Project in June 2025. Sampling targeted surface vein exposures and historic waste material and returned high-grade silver values, including: 869 g/t silver, with associated lead and zinc, from a 0.5-metre surface vein channel sample; 991 g/t silver from a 0.7-metre surface vein channel samples; 396 g/t silver from a historic waste dump grab sample. Verification sampling returned silver values ranging from 396 g/t Ag to 991 g/t Ag, with associated lead, zinc, and localized gold values. These results confirm the presence of high - silver mineralization at surface, consistent with historical sampling by previous operators and characteristic of low-sulphidation epithermal vein systems common to the Huachocolpa District. In parallel, the Company continues constructive engagement with local community leaders, building on a foundation of cooperation in one of Peru's most established and supportive mining regions. Rio Silver's strategy at Maria Norte is focused on advancing accessible, high-grade mineralization through staged development while continuing exploration to expand the known system. Under Peru's established exploration and exploitation framework, development activities can progress alongside exploration, allowing the Company to advance the project efficiently and responsibly. Management believes that the combination of verified high-grade silver, nearby processing capacity, and an experienced in-country team places near-term development firmly within the Company's strategic horizon, subject to continued technical success and permitting. Next steps: Advance Development Planning at Maria Norte: Continue site preparation activities, infrastructure assessments, and permitting work in support of staged underground access targeting accessible high-grade silver mineralization. Expand Geological Understanding of the System: Complete detailed mapping, channel sampling, and geophysical surveys to refine priority targets and assess continuity along strike and at depth within the known vein corridor. Progress Community and Stakeholder Engagement: M maintain active dialogue with local communities and stakeholders to finalize access agreements and support responsible development as work programs advance. Parallel Metallurgical Work at Santa Rita: Advance ongoing metallurgical test work to better understand mineral processing characteristics while technical evaluations and project integration continue. Annuncio • Nov 13
Rio Silver Inc. announced that it has received CAD 2.2 million in funding On November 12, 2025. Rio Silver Inc. announced that it has closed the transaction. Annuncio • Sep 11
Rio Silver Inc. announced that it expects to receive CAD 1.3 million in funding Rio Silver Inc. announced a non-brokered private placement financing of up to 13,000,000 units at a price of CAD 0.10 per unit for gross proceeds of up to CAD 1,300,000 on September 11, 2025. Each unit consists of one common share and one transferable warrant. Each whole warrant is exercisable into one common share at CAD 0.15 per share for three years from closing. If, following the final closing date of the private placement, the company's common shares close at or above 25 cents on the TSX Venture Exchange. The private placements may be closed in one or more tranches subject to conditional approval from the TSX-V. Subject to compliance with applicable laws and TSX-V approval, the company may pay a finder's fee or commission of up to 8% and issue 8% brokers warrants to persons who assist in the introduction of investors to the company, which without limiting the foregoing may include cash, common shares and warrants, or a combination thereof. Annuncio • May 07
Rio Silver Inc., Annual General Meeting, Jun 12, 2025 Rio Silver Inc., Annual General Meeting, Jun 12, 2025. Location: british columbia, vancouver Canada Annuncio • Apr 02
Rio Silver Inc. Announces Board Changes Rio Silver Inc. announced that it has appointed Eric H. Hinton, P.Eng., FCIM, to the Advisory Board. Eric H. Hinton, P.Eng., FCIM, has degrees from Haileybury School of Mines, Queen’s University and Laurentian University and is a registered professional engineer in Ontario and Manitoba. Eric is a Fellow of the Canadian Institute of Mining, Metallurgy and Petroleum and is also designated as a Qualified Person in underground mining from the Mining and Metallurgical Society of America in addition to a qualified person for National Instrument 43-101. Eric’s experience in small scale mining operations (from 50 to 500 tonnes per day) led him to acquire Basic Minerals SAC in Peru to launch the Mercedes Project which will become a 25000 tonne per annum polymetallic producer. His expertise will enable Rio Silver to engage in projects similar to Mercedes such as the recently acquired Maria Norte project, also in Peru, in order to potentially realize positive cashflow in the short term. Mr. Hinton’s assistance managing the development of the recently acquired Maria Norte high-grade polymetallic silver, exploitation /exploitation property will bolster the company’s mandate for future sustainability. The Company also announces that Christopher Hopton has joined the Board of Directors. Mr. Hopton presently serves as the Company’s CFO since 2019 and is a seasoned financial management professional with 25 years of experience leading the financial operations of resource and biotech companies across Canada and South America. His expertise spans financial planning, accounting policy, and business process optimization. As a trusted consultant in business investment and finance, Mr. Hopton has supported numerous public and private companies in their growth and operational efficiency. Currently Mr. Hopton is serving as Chief Financial Officer at Rio Silver Inc. He previously held the role of CFO at Central Resources Corp. Mr. Hopton also played a key role in the successful restructuring of 360 Networks, a network communications firm, culminating in a strategic buyout by Bell Canada. Mr. Hopton holds a Bachelor of Business Administration degree and is a Certified Professional Accountant (CPA). In addition, the company announces the resignation of Edward J Badida from the Board of Directors. The Board would like to thank Mr. Badida for his many contributions on behalf of the company’s shareholders over his tenure with the company. Edward has served as CFO as well as his long-standing Board Directorship. Ed’s vast CFA experiences as a financial pilot for Junior Resource companies aided Rio Silver in its strategies at its many projects in Canada and Peru. Annuncio • Jul 23
Rio Silver Completes Agreement with Local Community at Jorimina Project, Peru Rio Silver Inc. announced it has finalized a surface access agreement with the local Community for a period of one year at the Company's Jorimina Project, an advanced gold/silver project near the city of Ayachucho in south central Peru. A recently completed Environmental Impact Study and community workshops aided by the President and Council of the local community, represent the final steps of the drill permitting application process and allow for the initiation of activities at this highly prospective, bulk tonnage gold and silver target located at the Company's wholly owned, Jorimina, Gold /Silver Project. Jorimina was previously a joint venture project of Newmont, one of the world's largest gold producers, that earned its interest from Southern Peru Copper by spending $US 7 million outlining that it was in fact a precious metals dominant deposit. Newmont performed extensive geophysical and geochemical exploration programs followed by a detailed metallurgical review as part of an internal preliminary economic analysis. This was based upon their initial diamond drilling campaign, which was a fence or row of widely spaced diamond core drilling holes, that transected the property. A planned follow up, resource defining, diamond drilling campaign was never realized due to a major market correction in 2012. The Company is in receipt of all the data generated and summarized in the 2012 Newmont report, which strongly recommended advancement of the project for which, upon a successful resource defining drill evaluation, could be capable of supporting a robust midsized mining operation. Rio Silver expects receipt of the necessary drill permitting late in Third Quarter, 2024, and is working with potential drill contractors to prepare to mobilize crews and equipment upon the receipt of the permits and minor property access upgrades. Rio Silver is a resource development company that has been selectively acquiring and advancing precious metal assets that afford the best possible leverage and returns in anticipation of an increasingly more favorable precious metals bull market. Both Ninobamba and Jorimina area Au/Ag targets are suggestive of near surface, bulk mineable open pit targets. Annuncio • Jul 22
Rio Silver Inc., Annual General Meeting, Sep 20, 2024 Rio Silver Inc., Annual General Meeting, Sep 20, 2024. Location: british columbia, vancouver Canada Annuncio • May 09
Rio Silver Inc. Commences Baseline Environmental Studies Rio Silver Inc. announced it has initiated an Environmental Impact Study, a component of the permitting application currently underway in support of a planned diamond drilling campaign, at the wholly owned Jorimina Gold /Silver Project scheduled for third quarter, 2024. Ecosoul Environmental Impact Consultants, has been contracted by the Company to undertake a full suite of environmental baseline monitoring studies which includes preparation of the necessary submittals required by the General Directorate of Mining Environmental Affairs with the Ministry of Energy and Mines, Peru, in support of the permitting application. Annuncio • Apr 04
Rio Silver Inc. Finalizing Access Agreements for Jorimina Property, Peru Rio Silver Inc. announced it is finalizing an access agreement with the local community for its 100% owned Jorimina project Jormaina, Department of Ayacucho, Peru. This agreement facilitates a diamond drill program planned to commence later this year. Jormina is located within the Niñobamba Project which covers an area of 4205 hectares. The Main Niñobamba zone is locate 7 kilometres to east of Jormina where a significant Au-Ag high sulphidation is present. Joramina was extensively explored by Newmont Mining Corp. ‘Newmont’ from 2009 to 2011. The Company acquired the area from Newmont in 2016 along with an extensive database including surface and drill results and reports from an exploration program encompassing four prospective precious metal targets. The exploration programs identified extensive alteration zones believed to also be part of an extensive high-sulphidation silver-gold system identified at the Company's adjacent Niñobamba zone. The Company is extremely pleased to have achieved this important milestone. Jorimina was recognized by Newmont as having all the necessary elements to be capable of hosting a precious metal epithermal resource. Newmont completed thirteen diamond drill holes totaling 4377 metres at Jorimina. Drill highlights from the historic reports available showing hole JOR-001 returning 72.3 metres of 1.19 grams per tonne (‘g/t’) Au starting at 53 metre depth. Historic drill holes were widely spaced in an area covering 100 hectares with drill holes spaced over 150 metres apart. Results are historic in nature and should not be relied on. Rio Silver initially plans to confirm the historic surface results and drill results and to determine the shape and the orientation of the precious metal mineralization. The Company is scheduled to receive all necessary permits by third quarter of 2024 necessary to initiate a small drill program to confirm the Au-Ag mineralization. Annuncio • Jan 16
Peruvian Metals Corp. (TSXV:PER) acquired remaining 50% stake in Palta Dorada, Gold-Silver-Copper project in Northern Peru from Rio Silver Inc. (TSXV:RYO). Peruvian Metals Corp. (TSXV:PER) acquired remaining 50% stake in Palta Dorada, Gold-Silver-Copper project in Northern Peru from Rio Silver Inc. (TSXV:RYO) for $0.25 million on January 15, 2024. As per the terms of agreement, An initial payment of $25,000 has been received and four monthly payments due of $25,000 with a final $125,000 payment being received in June, 2024.
Peruvian Metals Corp. (TSXV:PER) completed the acquisition of remaining 50% stake in Palta Dorada, Gold-Silver-Copper project in Northern Peru from Rio Silver Inc. (TSXV:RYO) on January 15, 2024. Annuncio • Jul 12
Rio Silver Inc., Annual General Meeting, Sep 22, 2023 Rio Silver Inc., Annual General Meeting, Sep 22, 2023. Location: Vancouver, BC Vancouver Canada Annuncio • May 19
Rio Silver Inc. announced that it expects to receive CAD 0.5 million in funding Rio Silver Inc. announced a non-brokered private placement of up to 10,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 500,000 on May 19, 2023. Each unit will consist of one common share of the company and one share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at a price of CAD 0.08 per common share. The warrants will expire 18 months from the date of issuance unless the closing price of the common shares of the company is CAD 0.15 or higher for 15 consecutive trading days any time after the date that is four months after closing, in which case the warrants will expire 30 days after notice to the warrant holders through a news release announcing an earlier expiry date. The transaction may include participation from certain insiders. The company may pay certain finders' fees in connection with a portion of the offering, subject to the policies of the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a statutory hold period of four months and a day commencing from the date of issuance. The closing of the offering is subject to regulatory approval, including exchange acceptance.