VANCOUVER, June 21, 2019 /CNW/ - Rio Silver Inc. (TSX-V:
RYO) ("The Company") is pleased to announce that Mr.
Christopher Hopton, CGA has agreed
to join the Company as Chief Financial Officer and Corporate
Secretary.
Mr. Hopton brings 25 years of financial expertise with a diverse
background of financial planning, accounting policy and process
improvement while also serving as CFO for Sirona Biochem and
facilitating its recent meteoric valuation surge, the results of
many years of dedicated determination by its principals in
Canada's junior capital
markets.
The Company wishes to thank the departing CFO, Mr. Dan Hamilton, for his years of dedicated
service, particularly through the more recent junior mining capital
markets drought. His efforts were key in preserving the potential
the Company retains at its 100% owned Ninobamba high sulphidation,
epithermal gold/ silver prospect in Southern Peru in order to
benefit from the cyclical nature of the resource capital
markets.
About Rio Silver Inc.
Through its wholly owned Peruvian subsidiary, Rio Plata SAC, the
company holds a 100% interest in a compelling target, Ninobamba in
southern Peru, where multimillion
$US have been spent by major mining interests and where new gold
zones recently identified that have potential open pit, bulk
mineable targets demonstrating silver and gold mineralization
outlined from surface trenching, awaits drilling.
In Peru heap leach precious
metal mining is both a well refined and well serviced industry with
many nearby examples ranging from mid-tier to major gold producers
owning mines proximal to Ninobamba that were started with
very low capital cost and built out to support the country's
rank of #6 in the world for gold production.
The Company is well positioned to benefit from recent market
cyclical lows as the quality and quantity of additional highly
prospective targets of significant interest are being currently
reviewed and are potentially available to the Company.
We seek safe harbor
SOURCE Rio Silver
