Rio Silver Inc. (TSXV:RYO)Mining
Rio Silver Inc is a publicly listed mineral exploration and development company that focuses on acquiring, developing, and assessing mineral properties in America. The company explores and develops the Ninobamba project in Peru and Gerow Lake property in Ontario.
The company’s headquarters is in Vancouver, British Columbia. Canada Rio Silver Inc is a publicly listed company on the TSX Venture Exchange market (TSXV), where its common stocks trade under the ticker ‘RYO’.
The Ninobamba project is the flagship project of Rio Silver which owns and operates a 100 per cent stake in it. The Ninobamba project is prospective for hosting two discreet precious metal deposits in central Peru.
The Niñobamba silver-gold project is situated nearly 330 kilometers SE of Lima in the Department of Ayacucho, Peru. It covers a land package of 4,490 hectares. The property hosts a large, bulk tonnage, disseminated Au/Ag project.
Minera Rio Plata S.A.C is the company’s subsidiary which owns and operates a 100 per cent stake in the primary 900-hectare concession and recently acquired staked 1,390 hectare concessions.
The silver-rich Ninobamba project includes two zones, the Main Zone and South Zone, which are drill ready.
The Gerow Lake project, Ontario, is a company-owned and operated interest. It is prospective for hosting copper-gold Volcanogenic Massive Sulphide (VMS) mineralization. It is situated in Archean aged Superior Province in the NW of James Bay Lowlands, Red Lake Mining District.
Rio Silver’s Palta Dorada property in central Peru has a high-grade mesothermal Au and Ag vein system and it is a joint venture with Peruvian Metals Corp, which owns and operates a 50 per cent stake in this property. The Palta Dorada gold-silver-copper property is situated in the Ancash Mining Department in northern Peru and covers a land package of nearly 1,200 hectares.
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