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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 hellholeon Jun 30, 2008 9:47am
496 Views
Post# 15243659

RE: Any Clues?

RE: Any Clues?Looks pretty sad...they have no more money to continue operations at Candamena...and they couldn't even come up with a measly $7,000 dollars to honour exploration costs for Kalzas. I am afraid this is the start of a growing trend because of the credit crunch...we are going to see a lot of juniors go under.
Bullboard Posts