Rio Silver (TSE:RYO) has released an update.
Rio Silver is nearing completion of an access agreement for its wholly owned Jorimina project in Peru, which will enable a diamond drill program later this year to explore the precious metal epithermal resource potential indicated by historic data. The company is also planning to engage with another community for drilling rights in the Niñobamba Main Zone, where significant gold and silver mineralization has been previously identified. With all necessary permits expected by Q3 2024, Rio Silver anticipates confirming and extending historic Au-Ag findings through their upcoming drilling initiatives.
For further insights into TSE:RYO stock, check out TipRanks’ Stock Analysis page.