Rio Silver Inc. is advancing a focused portfolio of high-grade, silver-dominant projects in Peru, one of the world’s premier jurisdictions for silver mining. Peru is the second-largest silver producer globally, with a long history of underground mining, established infrastructure, skilled local labor, and supportive regulatory frameworks.
Rio Silver’s assets are located in proven mining districts known for producing some of the highest silver grades globally, with access to roads, power, and nearby processing facilities. The Company’s strategy is centered on advancing silver projects with near-term development potential, while maintaining capital discipline and preserving exploration upside.
Rio Silver’s portfolio currently consists of two core silver projects in central Peru. Together, these assets form the foundation of the Company’s pure-play silver development strategy, combining high-grade silver exposure, infrastructure advantages, and district-scale exploration potential.
Huachocolpa District, Huancavelica, Peru
The Maria Norte Project is Rio Silver’s flagship asset and the foundation of its pure-play silver strategy. Situated in Peru’s historic Huachocolpa mining district, Maria Norte lies within one of the most prolific silver belts in the world — a region that has produced high-grade silver for generations and continues to support active underground mining today.
What makes Maria Norte particularly compelling is the combination of high-grade silver mineralization and exceptional infrastructure advantages. Historical work and surface sampling have identified multi-hundred-gram-per-tonne silver values alongside lead, zinc, and localized gold, typical of productive epithermal systems in the district. With year-round road access and operating processing facilities located just 11 kilometres from the project, Maria Norte offers a rare opportunity to advance high-grade silver mineralization along a clear and capital-efficient development path.
Central Peru, Huachocolpa Region
The Santa Rita Project expands Rio Silver’s regional footprint and provides significant district-scale exploration potential. The project is located within a proven polymetallic belt known for hosting large silver-lead-zinc systems and was acquired through a government auction, resulting in 100 percent ownership with no underlying royalties.
Santa Rita is characterized by carbonate-replacement and vein-style mineralization, geological styles associated with some of Peru’s largest polymetallic deposits. Historical work has identified multiple mineralized zones at surface, and the project remains largely untested by drilling, offering substantial upside as modern exploration advances.
Santa Rita complements Maria Norte by providing scalability and longer-term growth potential, supporting Rio Silver’s objective of building a district-focused silver company.
Location
Huachocolpa District, Huancavelica, Peru
Central Peru, Huachocolpa region
Project Type
High-grade silver polymetallic
Silver-lead-zinc exploration
Primary Metals
Silver, lead, zinc, with localized gold
Silver, lead, zinc
Deposit Style
Polymetallic veins and breccia structures
Carbonate-replacement and vein systems
Stage
Advanced exploration to early development
Early to mid-stage exploration
Infrastructure Access
Year-round road access and nearby processing facilities
Road access, regional infrastructure
Distance to Processing
Approximately 11 km from operating mills
No processing facilities on site
Ownership
100%
100%
Underlying Royalties
None disclosed
None
Exploration Highlights
High-grade surface and verification sampling with multi-hundred g/t Ag values
High-grade historical surface results, largely untested at depth
Advancement Focus
Underground access, technical evaluation, development optionality
Target definition and exploration-driven discovery
Strategic Role
Flagship asset and cornerstone of the portfolio
Growth and district-scale exploration upside
