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Rio Silver Inc V.RYO

Alternate Symbol(s):  RYOOF

Rio Silver Inc. is a Canada-based exploration and development company engaged in identifying and acquiring precious metal assets. The Company’s flagship, the 100% owned Ninobamba Project, hosts two discreet precious metal deposits at opposite ends of an eight kilometers (km) prospective corridor in a prolific precious metals hosting geological belt in central Peru. The Ninobamba Project is located in the silver district approximately 330 km southeast of Lima in the Department of Ayacucho, Peru. It consists of over 4490 hectares (ha). Its Gerow Lake Project covers over 5,312 ha and is located in the Archean aged Superior Province, within the Pierce-Ponask-Sachigo greenstone belt in the northwest quadrant of the James Bay Lowlands, Red Lake Mining District, Ontario. The Company is also focused on reviewing precious and base metal properties in Peru. Its subsidiaries include Rio Silver Exploration Ltd. and Minera Rio Plata S.A.C.


TSXV:RYO - Post by User

Post by VenturistAllyon May 01, 2024 2:41pm
77 Views
Post# 36017898

royalty

royaltyIs it me or a small royalty is better than none.  Peru has a lot going  for miners. I think these guys are getting things lined up for something potentially substantial. am i alone here. 

"Rio Silver Inc. is finalizing an access agreement with the local community for its 100-per-cent-owned Jorimina project in the department of Ayacucho, Peru. This agreement facilitates a diamond drill program planned to commence later this year."
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