Rio Silver Inc (TSX-V: RYO, OTC: RYOOF) is a Canadian silver exploration and development company building a pure-play silver platform in Peru. The flagship Maria Norte project sits in the Huachocolpa District, approximately 11 km from operating processing plants, with potential for low-capital development through toll milling. Verification sampling returned grades up to 991 g/t silver (28.9 oz per metric tonne). The Santa Rita project adds silver-lead-zinc district-scale potential. Approximately 40 million shares outstanding with roughly half under escrow or restriction. Led by President and CEO Chris Verrico.
High-grade silver in a proven Peruvian mining district at a sub-$15M market cap. Capital-efficient development path via toll milling at nearby processing plants. $3M private placement led by Eric Sprott closed February 2026. Community permission secured for site activities.
