VANCOUVER, British Columbia, November 25, 2025 (GLOBE NEWSWIRE) — Rio Silver Inc. (TSX-V: RYO | OTC: RUF) (“Rio Silver” or “Company“) is pleased to provide a corporate update that outlines ongoing operational preparations and strategic initiatives as the Company moves toward becoming a high-grade silver producer in Peru, the second largest silver producing country in the world.
In recent weeks, company president Chris Verrico, Peruvian project manager and geologist Miller Fernandez, logistics manager Jose Peña and chief geological consultant Edgar Leon made an in-depth visit to Maria Norte's Au-Ag-Pb-Zn project. The team confirmed the scope, sequencing and logistics requirements to expedite development work immediately following regulatory approval of the pending acquisition.
Operating indicators
- The development program is ready to launch: The field team completed a full review of the development at Maria Norte, confirming immediate follow-up and readiness to commence operations upon Exchange approval of the acquisition.
- Development of infrastructure and access to the portal: Preparations are underway to construct a high-altitude camp, storage areas, upgrade access to portals and advance drifts/tunnels along known mineralized structures.
- Permits and community agreements are in progress: Explosives permits and final stakeholder access agreements are progressing well in one of Peru's most established silver producing regions.
- Using Peru's proven development model: The company adopts the Peruvian exploration/development structure to extract minerals while simultaneously establishing underground drilling platforms to identify resources.
- Treasury Strengthening and Strategic Alignment: Rio Silver remains well-funded by a diversified and supportive investor base, and Maria Norte is on strike as nearby mine developments are supported by a positive PEA.
- District-wide assessment of additional opportunities: Management has identified several silver-dominant properties within the trucking range that could offer countywide growth potential.
“Rio Silver is laying the foundation for what we believe could be one of Peru's next high-grade silver production facilities,” said Chris Verrico, President and CEO. “Our recent technical analysis has confirmed the strength of the mineralized structures at Maria Norte and confirms our plan to advance a fast and efficient development model. With strong local support, a skilled in-country team and a well-funded treasury, we are on track to unlock the full potential of this emerging silver district. We see tremendous opportunity ahead – not just in Maria Norte, but across the wider belt where we continue to evaluate additional high-grade prospects.”
Royalties and additional strategic interests
Rio Silver also benefits from a suite of long-term royalty and equity interests that strengthen the company's financial position and provide significant, non-dilutive value as it develops its core Peruvian portfolio.
The Company currently receives approximately US$150,000 per year in upfront royalty payments, providing a stable baseline of recurring revenue. In addition, the sale of the Niñobamba project to Magma Silver Corp. provides Rio Silver with staged payments. exceeding 2 million US dollarsalong with 2,500,000 ordinary shares magma of silver and more 2,500,000 shares on the first anniversary of approval (see press release here). Magma Silver Corp. shares last traded at $0.20 per share at market close on November 24, 2025, highlighting the tangible value of this equity risk. Rio Silver also retains 2% royalty NSR about Niñobamba, complementing NSR Royalty Limit 3% is held at the expense of the former shares of the Palta Dorada company.
In addition to its Peruvian assets, Rio Silver retains ownership of a highly prospective critical metals project in Ontario's Ring of Fire, one of Canada's most important developing mineral regions. A 2012 airborne electromagnetic survey conducted by Fugro revealed one of the strongest electromagnetic anomalies the firm has ever recorded—an indicator of significant subsurface potential. INCO's historic drilling in the 1970s intersected with promising geological developments, but never progressed due to non-technical circumstances of the era. Today, Rio Silver continues to positively engage with local Indigenous communities while assessing the long-term potential of this strategically located asset.
Why is this important for investors
Peru remains one of the world's most important silver mining jurisdictions, with many long-lived underground mines and a well-developed infrastructure. Rio Silver is promoting a strategy based on:
- High quality, highly profitable silver mineralization in an area with proven production potential.
- A rapid development model this allows for simultaneous resource demarcation and mineral extraction, an approach widely used in Peru.
- Proximity to existing processing plantsreducing potential future capital requirements.
- A vision of the area's scalehowever, additional prospective acquisitions are being assessed.
- A dense, aligned shareholder base and strengthening the Treasury to support near-term catalysts.
As global silver demand accelerates (driven by industrial electrification, artificial intelligence infrastructure, renewable energy, and precious metals investment), Rio Silver is positioning itself as a pure play developer with significant leverage in rising silver markets.
Interaction with leading communications firm Caram Media
The partnership with Caram Media reinforces Rio Silver's commitment to disciplined growth, clear market connections and strong shareholder engagement as the company advances its near-term growth strategy in one of the world's most historically productive silver belts.
Galen Carson, President of Caram Media, commented: “We are excited to partner with Rio Silver as they advance one of the most exciting new silver stories in Peru. Our team looks forward to helping present this exciting opportunity to the broader market with the clarity, precision and strategic focus it deserves. This is an inspiring project with great energy behind it, and we are thrilled to support the next phase of Rio Silver's journey.”
Compensation and terms
Pursuant to a consulting agreement dated November 14, 2025, Rio Silver has engaged Caram Media Inc. for an initial period of six months. Caram Media will receive C$100,000 plus applicable VAT as an advance payment for the first and last months, followed by monthly payments of C$50,000 plus VAT. Additional discretionary compensation may be considered by Rio Silver in its sole discretion and in accordance with applicable securities rules. Either party may terminate the agreement upon thirty (30) days written notice.
Qualified Person Application
The scientific and technical information contained in this release has been reviewed and approved by Jeffrey Reeder, Professor of Geology, a qualified individual as defined by National Instrument 43-101 – Standards of Disclosure for Mining Projects.
About Rio Silver Inc.
Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) is a Canadian resource company promoting high-grade silver-dominated assets in Peru, the world's second largest silver producer. The company is focused on near-term development opportunities within proven mineral belts and is supported by an experienced technical and operational team with deep experience in Peruvian geology, underground mining and area-scale exploration. With a clear development strategy and a growing portfolio of highly prospective silver assets, Rio Silver is laying the foundation to become one of Peru's next emerging silver producers.
Find out more at www.riosilverinc.com
ON BEHALF OF THE BOARD OF DIRECTORS OF RIO SILVER INC.
Chris Verrico
Director, President and Chief Executive Officer
Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
For more information,
Christopher Verrico, President, CEO
Tel: (604) 762-4448
E-mail: [email protected]
Website: riosilverinc.com.
Cautionary Note Regarding Forward-Looking Information
This press release contains “forward-looking statements” within the meaning of applicable Canadian securities laws. All statements in this release that are not historical facts are forward-looking statements and are based on expectations and assumptions as of the date of this release. Forward-looking statements relate to future events or performance and include, but are not limited to, statements regarding the Company's planned exploration and development of the Maria Norte Project, the expected timing of regulatory approvals, future work programs, interactions with local stakeholders, geological interpretations and the Company's ability to advance its assets toward potential development.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, operational risks, regulatory risks, geological uncertainty, availability of financing, public and social risks, fluctuations in commodity prices and general economic conditions. Additional risks are described in the Company's filings available on SEDAR+ at: www.sedarplus.ca.
Readers are cautioned not to place undue reliance on forward-looking statements. Rio Silver does not undertake to update forward-looking statements except as required by applicable law.
Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
