Rio Silver
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rio silver Overview
Rio Silver is advancing a portfolio of high-grade silver-dominant assets in Central Peru, led by the Maria Norte and Santa Rita projects. Supported by a capital-light development strategy, royalty income and equity exposure through the Niñobamba option agreement and selling its 50 percent share in Palta Dorada, the company is focused on staged development, generating cash flow, exploration and technical programs in one of the world’s leading silver-producing regions.
Rio Silver (TSXV:RYO, OTCQB:RYOOF) is a Canadian resource company focused on acquiring and advancing high-grade silver-dominant assets in Peru. The company’s portfolio is anchored by the Maria Norte project and complemented by the Santa Rita silver-lead-zinc project, both located within prolific mining belts in Central Peru. Rio Silver’s strategy is centered on staged development, disciplined cash-flowing bulk sampling/exploration and capital-efficient execution.
Rio Silver’s projects are located in Peru, one of the world’s largest silver-producing countries and home to the world’s largest known silver reserves. The company operates within the Huachocolpa District and surrounding polymetallic mining regions with established road access, nearby power infrastructure, skilled labor and multiple operating present and past-producing mines i.e., SilverX and Endeavour Silver producing from adjacent properties.
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Maria Norte Silver Project
The Maria Norte project is Rio Silver’s flagship gold-silver-lead-zinc project located approximately 24 kilometres south-southwest of Huancavelica in Peru’s Huachocolpa District. The project consists of four mineral concessions held 100 percent through a wholly owned Peruvian subsidiary and benefits from road access, nearby power infrastructure and proximity to multiple operating processing facilities.
Maria Norte hosts historic underground workings and multiple mineralized vein systems with high-grade mineralization exposed at surface and underground. Verification sampling returned grades including 6.263 grams per ton gold and 991 grams per ton silver over 0.7 metres, as well as 1.679 grams per ton gold and 869 grams per ton silver over 0.5 metres, alongside lead and zinc mineralization. Surface grab samples also returned silver values exceeding 500 grams per ton silver.
The project is interpreted as a low-sulphuration polymetallic vein system with multiple mapped vein structures. According to the company presentation, mineralization remains open along strike and at depth, while structural complexity suggests potential for additional blind vein systems.
Rio Silver is advancing Maria Norte through a staged development strategy that includes geological mapping, channel sampling, underground access preparation, portal development, bulk sampling and a planned 1,500 metre underground drill program. The company intends to utilize nearby third-party processing facilities through a contract toll-milling model.
In early 2026, Rio Silver secured community authorization to commence planned site activities at Maria Norte, including access preparation, camp construction and technical field programs. The company also reported ongoing metallurgical optimization work and continued permitting activities related to underground access development.
Santa Rita Silver-Lead-Zinc Project
The Santa Rita project is a 570-hectare silver-lead-zinc property located in Central Peru approximately 55 kmfrom Rio Silver’s Maria Norte project. The project was acquired through a clean transaction granting Rio Silver 100 percent ownership with no royalties or option obligations. Santa Rita is located within a productive polymetallic mining corridor and approximately 14 km from Kuya Silver’s producing Bethania Mine.
The project hosts carbonate-replacement and vein-style mineralization with more than 20 mapped steeply dipping and horizontal manto-style vein structures. Historical rock-chip sampling returned values of up to 2,668 grams per ton silver, 5 percent zinc and 48.5 percent lead. According to the company presentation, these historical results have not yet been independently verified by Rio Silver.
Santa Rita benefits from road access from two directions, nearby power infrastructure and proximity to regional processing facilities. Rio Silver is conducting metallurgical testing, geological mapping and field evaluations as part of its 2026 work program. Planned activities also include target generation, follow-up sampling, tunnelling evaluation and underground drill planning.
Chris Verrico - President, CEO and Director
Chris Verrico has more than 25 years of experience managing publicly traded junior mineral exploration and development companies, in addition to experience in contract mining, industrial work and construction management. He has previously served as CEO of Aguila American Gold, Lateegra Gold and West Hawk Development and has managed exploration projects throughout North and South America, including Peru.
Steve Brunelle – Executive Chairman and Director
Steve Brunelle is a graduate geologist from Queen’s University with more than 30 years of experience in mineral exploration and project management throughout the Americas. He previously served as an officer and director of Corner Bay Silver, which later merged with Pan American Silver.
Christopher Hopton – CFO and Director
Christopher Hopton is a Certified Professional Accountant with more than 23 years of experience in financial management, accounting policy and operations. He previously served as CFO of Central Resources and was involved in the restructuring of 360 Networks prior to its acquisition by Bell Canada.
Richard Mazur - Director
Richard Mazur is the co-founder and former managing director of RLG International, a consulting firm with operations in more than 30 countries. He has extensive international management and business development experience.
Jeff Reeder – Consulting Geologist
Jeff Reeder is a professional geologist with more than 30 years of exploration experience throughout the Americas. He was involved in identifying and advancing the Aguila copper-molybdenum and Pinaya copper-gold projects in Peru.
Eric H. Hinton – Consulting Engineer
Eric H. Hinton is a professional engineer and Fellow of the Canadian Institute of Mining, Metallurgy and Petroleum with expertise in underground mining operations. He is recognized as a Qualified Person in underground mining.
Jim McCrea – Advisor
Jim McCrea specializes in geological modeling and mineral resource estimation and has contributed to mining transactions involving Agnico-Eagle Mines, Peñoles and Sumitomo.
*Disclaimer: This profile is sponsored by Rio Silver ( TSXV:RYO ). This profile provides information which was sourced by the Investing News Network (INN) and approved by Rio Silver in order to help investors learn more about the company. Rio Silver is a client of INN. The company's campaign fees pay for INN to create and update this profile.
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This profile contains forward-looking information, including statements regarding planned activities, timelines, business objectives, and market conditions. Forward-looking information is based on assumptions and is subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those anticipated. Readers should not place undue reliance on forward-looking information, which reflects the views of the profiled company as of the date of this profile and is not updated by INN.
The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Rio Silver and seek advice from a qualified investment advisor.