Top Price Market
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Top Price Market

Investing

Rio Silver: Leveraging 25 Years of Mining Experience in Peru

by April 30, 2024
April 30, 2024
Rio Silver: Leveraging 25 Years of Mining Experience in Peru

Rio Silver (TSXV:RYO) focuses on the acquisition, exploration and development of precious metals deposits in South America. The company is currently advancing its 100 percent-owned Niñobamba silver-gold project in Peru. The The 3,933-hectare Niñobamba property is a drill-ready project located in the Department of Ayacucho about 330 kilometers southeast of Lima.

To date, Rio Silver and other historical operators have completed US$10 million in exploration expenditure on the Niñobamba property. The company has low overhead expenditure and strong alliances in Peru that are helping it achieve new initiatives for enhanced sustainability.

In 2016, Rio Silver consolidated its property by acquiring the surrounding 2,200 hectares of adjoining land from Newmont Mining and Southern Peru Copper. These included the Jorimina zone, which is located about 6.5 kilometers west of the Niñobamba and is believed to be part of the same high-sulfidation silver-gold system identified in the main Niñobamba zones.

Company Highlights

Rio Silver owns six mineral concessions covering 4,100 hectares of wholly-owned land in a historic Peruvian mining district.The property was historically surrounded by big-name miners (Newmont, Southern Peru Copper) and is now wholly owned by Rio Silver.Experienced management team with more than two decades of mining experience in Peru.Extensive trenching completed at the Niñobamba zone.The management team holds a 29 percent stake in the company.US$10 million in exploration expenditure completed to date by Rio and historical operators.All the historical data has been collected from previous owners.Historical drilling on the Niñobamba property intersected 130 meters of 2.55 oz/t silver and 72.3 meters of 1.19 g/t gold.New gold zone identified including 56 meters at 98.9 g/t silver and 21.77 meters at 1.32 g/t gold, 102.46 g/t silver.

This Rio Silver profile is part of a paid investor education campaign.*

Click here to connect with Rio Silver (TSXV:RYO) to receive an Investor Presentation

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Los Andes Copper Ltd. Announces Board Change
next post
Biden administration to require advanced safety tech on all new cars and trucks

You may also like

Lithium Market Update: Q3 2024 in Review

Industrial Forward Osmosis Update

Top 3 Canadian Graphite Stocks in 2024

5 Top Weekly TSX Stocks: Eastern Platinum Rises...

Blue Lagoon Continues to Strengthen Treasury to Fund...

Bitcoin Well Announces 87% Quarterly Growth in Q2...

Brunswick Exploration Announces Start of Major Prospecting Campaign...

Maxim Group LLC to Host the “2025 Mining...

Quetzal Copper Provides Update on Financing

John Feneck: 5 Factors to Consider When BuyingJunior...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Metals and Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

    • Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

    • Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

    • US and other allies of Ukraine pile pressure on Putin, threatening fresh sanctions if he refuses 30-day truce

    • OpenAI’s Sam Altman thanks Sen John Fetterman for ‘normalizing hoodies’

    Categories

    • Business (1,632)
    • Investing (4,782)
    • Politics (7,552)
    • Uncategorized (2)
    • World (6,137)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Disclaimer: toppricemarket.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 toppricemarket.com | All Rights Reserved


    Back To Top