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Rio2 Ltd V.RIO

Alternate Symbol(s):  RIOFF

Rio2 Limited is a Canada-based mining company with a focus on development and mining operations. The Company is focused on its Fenix Gold Project in Chile. The Fenix Gold Project, 37,291 hectares, is located in Atacama Region, in the Copiapo Province, Chile, specifically in the Maricunga Mineral Belt, approximately 160 kilometers northeast of Copiapo by International Road CH-31. It is an undeveloped gold heap leach project in the Americas. The Fenix Gold is a mining district that contains over 70 million ounces of gold and hosts the La Coipa and Refugio mines, as well as the Volcan, Caspiche, Lobo Marte and Cerro Casale deposits. The Company’s subsidiary is Fenix Gold Limitada.


TSXV:RIO - Post by User

Bullboard Posts
Comment by nlegallon Mar 21, 2008 2:36pm
260 Views
Post# 14758369

RE: RE: Payments are Simple

RE: RE: Payments are SimpleSpec: Thank you for your efforts, they are most highly appreciated. However, IMO, the biggest disappointment about the 43-101 is the inablity to include/use the past drill results and info. to come up with an 1m AU and 20m AG inferred resource (in the headline not buried somewhere). The drill cores were not maintained over the years and I was lead to believe otherwise. Now reallity is we are at 0.19c and need to finance a drill program to prove same. Did mgt. pay too much for Candamena? maybe. The real value of Candamena is (or was) not what is in the ground but the quality of the Infomation on what is in the ground. I hope and expect kalzas to be a completely different story Mr. Foster was there from inception and his team has already identified drill targets, therefore I am betting on all prior work is available and the Tungsten 43-101 will gve us a xBillion $ resource.
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