Rio Silver: 2017 Exploration Program at Ninobamba Silver/Gold Project, Peru to Commence with the Outlining of Priority Silver/Gold Targets
Toronto, Ontario--(Newsfile Corp. - February 27, 2017) - Rio Silver Inc. (TSXV: RYO) ("Rio Silver" or the "Company") and its project partner, Magellan Gold Corporation (OTCQB: MAGE) ("Magellan"), jointly ("the Partners") announce that they have initiated exploration work on the expanded Niñobamba Project, located 330 km southeast of Lima in the Department of Ayacucho, Peru. Recent strategic additions to the land package have created a large, contiguous property consisting of 3100 hectares and...
2017-02-27 11:30 AM EST
Rio Silver Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - January 19, 2017) - Rio Silver Inc. (TSXV: RYO) ("Rio Silver" or the "Company") is pleased to announce that, further to its previous news release on January 13, 2017, the Company has received regulatory approval to close the second of two financings contemplated in its transaction ("Transaction") with Magellan Gold Corporation (OTCQB: MAGE) ("Magellan"). The second financing was a non-brokered private placement (the "Offering") consisting of 1,250,000 units...
2017-01-19 9:15 AM EST
Rio Silver Acquires New Gold/Silver Concession Adjacent to Ninobamba with Historical Drill Result of 1.19 g/t Au over 72 Metres
Toronto, Ontario--(Newsfile Corp. - January 9, 2017) - Rio Silver Inc. (TSXV: RYO) ("Rio Silver" or the "Company") is pleased to announce that it has acquired by application, an additional 553 hectare concession immediately west of and adjoining to the Niñobamba Silver-Gold Project ("Niñobamba") that now comprises 3653 hectares. The new concession covers a significant exploration program conducted by Newmont Mining Corporation and the concession title is expected to be granted from the...
2017-01-09 10:30 AM EST
Rio Silver and Magellan Gold Sign Definitive Agreement for Earn - In at Ninobamba Silver/Gold Project in Central Peru
Toronto, Ontario--(Newsfile Corp. - October 24, 2016) - Rio Silver Inc. (TSXV: RYO) ("Rio Silver" or the "Company") is pleased to announce that the Company and Magellan Gold Corporation ("Magellan") (OTCQB - MAGE) have signed the Definitive Agreement (the "Agreement") as referred to in their earlier news releases of July 4 and July 5, 2016. The Agreement sets out the detailed terms whereby Magellan has an option (the "Option") to earn an undivided 50% interest in the Company's Niñobamba...
2016-10-24 5:29 PM EDT
Rio Silver Acquires Adjoining Concessions at Ninobamba from Major Mining Companies
Toronto, Ontario--(Newsfile Corp. - September 8, 2016) - Rio Silver Inc. (TSXV: RYO) ("Rio Silver" or the "Company"), is pleased to announce that it has entered into an agreement (the "Agreement") with Minera Niñobamba S.A (a private arm's length Peruvian company owned jointly 60:40 by Newmont Mining Corporation and Southern Peru Copper Corporation) to acquire three concessions, totaling 2,200 hectares located immediately west and adjacent to Rio Silver's Niñobamba Silver-Gold Project. Under...
2016-09-08 8:00 AM EDT