Central Peru, Huancavelica Region

Santa Rita Project

Project Overview

The Santa Rita Project is a silver-lead-zinc exploration asset located approximately 55 kilometres northwest of Maria Norte in central Peru. The project expands Rio Silver’s regional footprint within a proven polymetallic belt known for high-grade silver mineralization.

Rio Silver acquired Santa Rita through a government auction, securing full ownership without underlying royalties or earn-in obligations. This structure provides full exposure to exploration upside.

Regional Context and Location

Santa Rita is located approximately 14 kilometres southwest of the Bethania silver mine, operated by Kuya Silver. The project lies within the same broader metallogenic belt that hosts several significant polymetallic deposits.

Project Type
Silver-lead-zinc exploration
Deposit Style
Carbonate-replacement and vein systems
Ownership
100 percent, no underlying royalties
Stage
Early to mid-stage exploration

Geological Setting

Santa Rita is characterized by carbonate-replacement deposit style mineralization hosted in limestone units of the Jumasha Formation. Mineralization includes silver-lead-zinc mantos, veins, and intrusive-related features.

Geological characteristics observed at Santa Rita are consistent with other major polymetallic deposits in central Peru.

Historical Exploration Highlights

Historical work conducted between 2016 and 2020 reported strong surface mineralization, including:

  • Rock-chip samples returning up to 2,668 g/t Ag, 5 percent zinc, and 48.5 percent lead
  • Multiple vein and manto structures extending hundreds of metres
  • High-grade silver and base metal values across multiple target zones

These results are historical in nature and have not yet been independently verified by Rio Silver.

Project Advancement Timeline

Acquisition
Secured through a government auction with 100 percent ownership.
Data Validation and Field Review
Verification of historical work and resampling of surface exposures.
Target Definition
Geological modeling to prioritize high-potential zones.
Exploration Programs
Evaluation of trenching, geophysics, and drilling opportunities.
Potential Resource Growth
Longer-term exploration-driven upside contingent on success.

Exploration Upside

Santa Rita remains largely untested by drilling. Limited historical drilling combined with strong surface mineralization suggests meaningful discovery potential.

Additional geological indicators, including skarn alteration and intrusive influence, support the potential for multiple mineralization styles at depth.

Why invest

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