Rio2 Limited (RIOFF)
OTCQX OTCQX Primary Summary
Rio2 Constructs The Fenix Gold Mine In Chile; First Ounces In 2026
Rio2 Limited is advancing its Fenix Gold Project in Chile, fully funded and targeting first gold production by January 2026. The project boasts robust economics, significant resource potential, and expansion plans that could boost annual production above 250,000 ounces. Current gold price strength and favorable Chilean mining conditions support a bullish outlook and substantial upside to Rio2's share price.
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Rio2 Limited Profile
| Metals & Mining Industry | Materials Sector | Mr. Alexander Black CEO | OTCQX Exchange | CA7672171021 ISIN |
| US Country | - Employees | - Last Dividend | 27 Jul 2018 Last Split | - IPO Date |
Overview
Rio2 Limited is a dynamic entity in the mining industry, focusing on the exploration, development, and exploitation of mineral properties. With operations that span across Canada, Peru, the Bahamas, and Chile, the company has carved a unique position for itself on the international stage. Incorporated in 1990, it has grown to become a notable player in the mining sector, maintaining its headquarters in Vancouver, Canada. Central to its operations is the Fenix Gold Project in Chile, marking Rio2 Limited's commitment to gold mining and furthering its exploration endeavors in regions with rich mineral deposits.
Products and Services
- Mineral Exploration:
Rio2 Limited dedicates a significant portion of its resources to the exploration of mineral properties. This initiative is aimed at identifying and assessing potential mining sites, ensuring a sustainable future for the company and its stakeholders. Through these efforts, Rio2 Limited seeks to expand its portfolio and secure its position in the global mining industry.
- Development of Mining Properties:
Once potential mineral deposits are identified, Rio2 Limited proceeds with the development of these properties. This encompasses the planning and execution of strategies to extract minerals effectively and sustainably. The company's development phase is critical, ensuring that each project is viable, environmentally responsible, and economically beneficial to the communities involved.
- Mining Operations:
At the core of its business, Rio2 Limited engages in the extraction of minerals from its properties. The company employs state-of-the-art technology and practices to ensure the efficient and environmentally friendly extraction of resources. Its main project, the Fenix Gold Project, exemplifies Rio2 Limited's capability to manage large-scale mining operations, highlighting its expertise in the gold mining sector.
Contact Information
