Rio Silver Inc. Reports: Initial Silver - Gold - Lead Recoveries of 85 %, 74 % and 77% Respectively From the Maria Norte in Central Peru

Original announcement by tmx on

Company
Rio Silver Inc.
Ticker
RYO
Exchange
TSX
Region
Central Peru
Primary commodity
Silver
Secondary commodities
Gold, Lead
Document categories
Metallurgy
Extracted
2026-08-21 00:21:16 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Rio Silver reported initial metallurgical results from the Maria Norte property in Peru, demonstrating high recoveries for silver, gold, and lead using flotation. The tests produced two concentrates with low arsenic levels, supporting the company's processing strategy.

Reasoning: Initial flotation test work on a bulk sample shows strong recoveries for silver (85%), gold (74%), and lead (77%) with low arsenic penalties.

Positive factors

  • High silver and gold recoveries
  • Low arsenic levels in concentrates
  • High grade concentrates

Negative factors

  • Initial test work scale is limited (bulk sample from surface showing)

Facts used in scoring: 9

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Silver recovery of 85% is in the exceptional/strong band for flotation.

Evidence · text

“Initial Silver - Gold - Lead Recoveries of 85 %, 74 % and 77%”

Free Millingpositive

Simple, clean ore amenable to standard processing without oxidation.

Why it applies: The release mentions low arsenic and successful flotation of quartz-lead veins.

Evidence · text

“concentrates are expected to contain low amounts of arsenic”

Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

Metallurgical Results (9)

flotationsilverRecovery: 85 %Head Grade: 4.32Head Grade Unit: ounces per metric tonneView all details
Link to this fact

Identity

Commodity
silver
Ticker
RYO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Bulk composite sample from surface quartz-lead sulphide vein

Recovery

Recovery
85 %
Recovery Basis
actual_test
Head Grade
4.32
Head Grade Unit
ounces per metric tonne

Lab

Laboratory
Procesmin Ingenieros SRL

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: 85% silver recovery is a strong initial result for flotation.

Positive factors

  • 85% recovery is strong for flotation
flotationgoldRecovery: 74 %Head Grade: 3Head Grade Unit: grams per metric tonneView all details
Link to this fact

Identity

Commodity
gold
Ticker
RYO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Bulk composite sample from surface quartz-lead sulphide vein

Recovery

Recovery
74 %
Recovery Basis
actual_test
Head Grade
3
Head Grade Unit
grams per metric tonne

Lab

Laboratory
Procesmin Ingenieros SRL

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: 74% gold recovery is a solid initial result.

Positive factors

  • 74% gold recovery
flotationleadRecovery: 77 %Head Grade: 4.05Head Grade Unit: %View all details
Link to this fact

Identity

Commodity
lead
Ticker
RYO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Bulk composite sample from surface quartz-lead sulphide vein

Recovery

Recovery
77 %
Recovery Basis
actual_test
Head Grade
4.05
Head Grade Unit
%

Lab

Laboratory
Procesmin Ingenieros SRL

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: 77% lead recovery is a good initial result for flotation.

Positive factors

  • 77% lead recovery
flotationsilverView all details
Link to this fact

Identity

Commodity
silver
Ticker
RYO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
First concentrate (25:1 ratio)

Recovery

Conc. Grade
53.64
Conc. Grade Unit
ounces per metric tonne

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Concentrate grade of 53.64 oz/t Ag is high.

Positive factors

  • High grade concentrate
flotationgoldView all details
Link to this fact

Identity

Commodity
gold
Ticker
RYO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
First concentrate (25:1 ratio)

Recovery

Conc. Grade
14.57
Conc. Grade Unit
grams per metric tonne

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Concentrate grade of 14.57 g/t Au is high.

Positive factors

  • High grade concentrate
flotationleadView all details
Link to this fact

Identity

Commodity
lead
Ticker
RYO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
First concentrate (25:1 ratio)

Recovery

Conc. Grade
54.17
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Concentrate grade of 54.17% Pb is high.

Positive factors

  • High grade concentrate
flotationsilverView all details
Link to this fact

Identity

Commodity
silver
Ticker
RYO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Second concentrate (6.2:1 ratio)

Recovery

Conc. Grade
9.67
Conc. Grade Unit
ounces per metric tonne

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Second concentrate grade is lower than the first.

flotationgoldView all details
Link to this fact

Identity

Commodity
gold
Ticker
RYO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Second concentrate (6.2:1 ratio)

Recovery

Conc. Grade
10.16
Conc. Grade Unit
grams per metric tonne

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Second concentrate grade is lower than the first.

flotationleadView all details
Link to this fact

Identity

Commodity
lead
Ticker
RYO

Test Work

Program Status
preliminary
Test Type
flotation
Processing Route
flotation
Sample
Second concentrate (6.2:1 ratio)

Recovery

Conc. Grade
13.85
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Second concentrate grade is lower than the first.

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.