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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
Post by 10bagson Nov 18, 2008 6:00pm
516 Views
Post# 15594175

191.2 m of 0.07% tungsten

191.2 m of 0.07% tungstenOnly on Stockwatch.

https://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:PRR-1551797&symbol=PRR&news_region=C


Prospector assays 191.2 m of 0.07% tungsten at Kalzas

2008-11-18 16:09 ET - News Release

Mr. Henry Neugebauer reports

ASSAY DATA RECEIVED FROM KALZAS SEPTEMBER DRILL CAMPAIGN

Prospector Consolidated Resources Inc. has an option to acquire 100-per-cent interest in Copper Ridge's tungsten property in the Yukon, known as Kalzas. Prospector raised $560,000 in August for an initial drill campaign to verify historical investigations by Union Carbide and Copper Ridge. This drill campaign was also carried out to satisfy the 2008 work commitment under the option agreement.

During the month of September, Prospector Consolidated contracted Kluane Drilling to drill four diamond drill holes, for a total of 505 metres. The work was carried out under the supervision of Al Doherty, PGeo, of Aurum Geological Consultants Inc., and the assaying was done by ACME Analytical Laboratories of Vancouver.

The targeted zone was in a mineralized zone within a large tungsten anomaly that had previously been drilled by Union Carbide in 1981 and by Copper Ridge in 2001. The zone now has 11 drill holes in it.

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