Rio2 Limited Files Technical Report for the Fenix Gold Project
October 18 2023 - 1:16PM
Rio2 Limited (“
Rio2” or the
“
Company”) (TSXV:
RIO; OTCQX:
RIOFF; BVL:
RIO) today announces
that it has filed an independent technical report dated October 16,
2023, entitled “NI 43-101 Technical Report on the Feasibility Study
for the Fenix Gold Project” (the “Technical Report”) pursuant to
National Instrument 43-101 Standards of Disclosure for Mineral
Projects (“NI 43-101”). The Technical Report has an effective date
of October 16, 2023, and supports the disclosure made by the
Company in its news release dated September 5, 2023, announcing the
results of the feasibility study on the Fenix Gold Project.
The Technical Report was compiled by Mining Plus
Peru S.A.C. (“Mining Plus”) with contributions from a team of
Qualified Persons as defined by NI 43-101, as follows:
- Erick Ponce
(FAusIMM), Manager Open Pit South America of Mining Plus;
- Dr. Carlos
Arevalo, Professional Geologist, registered Member of the Chilean
Mining Commission REG#215 of CAC SpA;
- Andres Beluzan,
Chartered Professional, Mining Engineering and a registered Member
of the Chilean Mining Commission REG#215 of ABelco Consulting
SpA;
- Denys Parra,
(Registered Member SME) of ANDDES of Anddes Asociados SAC;
- Anthony Maycock
(P.Eng.), Senior Metallurgical Consultant of HLC SpA;
- Francisco Javier
Rovira, registered Competent Person in Mineral Resources and
Reserves (Reg. No. 0363) of Derk S.A.
The Technical Report is available on the
Company's website at www.rio2.com, as well as under the Company's
profile on SEDAR+ at www.sedarplus.com.
ABOUT RIO2 LIMITED
Rio2 is a mining company with a focus on
development and mining operations with a team that has proven
technical skills as well as successful capital markets track
record. Rio2 is focused on taking its Fenix Gold Project in Chile
to production in the shortest possible timeframe based on a staged
development strategy. Rio2 and its wholly owned subsidiary, Fenix
Gold Limitada, are companies with the highest environmental
standards and responsibility with the firm conviction that it is
possible to develop mining projects that respect the three axes
(Social, Environment, Economics) of sustainable development. As
related companies, we reaffirm our commitment to apply
environmental standards beyond those that are mandated by
regulators, seeking to protect and preserve the environment of the
territories that we operate in.
To learn more about Rio2 Limited, please visit
www.rio2.com or Rio2’s SEDAR+ profile at www.sedarplus.com.
ON BEHALF OF THE BOARD OF RIO2 LIMITED
Alex BlackExecutive ChairmanEmail:
alex.black@rio2.com Tel: +51 99279 4655
Kathryn JohnsonExecutive Vice President, CFO
& Corporate SecretaryEmail: kathryn.johnson@rio2.com Tel: +1
604 762 4720
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts the responsibility for the adequacy
or accuracy of this release.
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