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Rio Silver Inc.

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Summary

Project:

Ninobamba

Deposit:Ninobamba
Location:Peru
Commodities:Silver
Date:2/28/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resources Definition
Report details:28-2-2020: Rio Silver Inc. announces a Resource Estimation report for its Ninobamba deposit at the Ninobamba project. Exploration Target established for project. Vancouver, British Columbia – February 27, 2020 – Rio Silver Inc. ("Rio Silver" or the "Compa
Resources:Exploration Target: 7.9Mt - 11.1Mt @ 90g/t Ag - 86g/t Ag
CP/QP:[Overall Report]: Brad Ulry (Dahrouge Geological Consulting Ltd.)
ABSTRACT:Vancouver, British Columbia – February 27, 2020 – Rio Silver Inc. ("Rio Silver" or the "Company") (TSX.V: RYO) discloses a Conceptual Exploration Target for the Company’s Niñobamba Silver Project (“the Niñobamba Model”), located approximately 330 km southeast of Lima, Peru. The Niñobamba Model was prepared on behalf of the Company by Dahrouge Geological Consulting Ltd. of Edmonton, Alberta in preparation for the planning of future exploration of the property. Chris Verrico, President and CEO of Rio Silver comments, “We are very pleased to receive this third-party model, which examined the easterly portion of the approximately 8,000 m long trend of anomalous precious metal mineralization between the Jorimina Au-Ag showing in the west and Niñobamba Ag showing in the east.” Niñobamba Silver Project The Niñobamba Model was completed on the basis that it would provide further understanding of the project’s ‘Exploration Potential’ and therefore help guide future exploration. The model focused on the “Niñobamba Main Zone” which can be broken down into two subparallel zones (a North and a South zone).

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