Rio2 Ltd.

Rio2 Ltd. announces that it has entered into a binding agreement to sell a package of Chilean royalty interests to Osisko Gold Royalties Ltd. for aggregate consideration of US$5,000,000 . The Royalty Sale provides for the sale of Rio2's 1.5% royalty on the Anocarire Project and its 1.25% royalty on the Horizonte Project, both located in Chile. Rio2 is currently in an administrative appeal process with the Chilean [...]

Rio2 Ltd. is providing an update of its activities following the announcement made on July 5, 2022, with respect to the Atacama Regional Evaluation Commission's decision not to approve the Environmental Impact Assessment for its Fenix Gold Project in Chile. The Environmental Qualification Resolution which is the administrative document with which the Environmental Assessment Service , outlines the rationale for their [...]

Rio2 Limited announces that 25,091,950 share purchase warrants, with an exercise price of C$0.50, expired on August 13, 2022. These share purchase warrants were issued in connection with the Company’s 2019 offering of units consisting of common stock and half warrants. Rio2 is a mining company with a focus on development and mining operations with a team that has proven technical skills as well as a successful capital [...]

Rio2 Limited (is providing an update of its activities following the announcement made on July 5, 2022 in respect to the Atacama Regional Evaluation Commission’s decision to not approve the EIA for its Fenix Gold Project. The Company, along with its Chilean environmental and legal advisors, are currently evaluating options to continue to advance the Project. A key document the Company is waiting for is the Environmental [...]

Rio2 Limited and its Chilean subsidiary, Fenix Gold Limitada announce that the Regional Evaluation Commission which includes 12 governmental institutions has voted for not approving the Environmental Impact Assessment (“EIA”) for its Fenix Gold project in Chile. Following this decision, the Company will work on evaluating its options and decide on an action plan. Once the action plan is completed, the Company will [...]

Rio2 Limited and its Chilean subsidiary, Fenix Gold Limitada announce, that further to Rio2’s press release disseminated on June 23, 2022, the Environmental Assessment Service has postponed the meeting of the Comisión de Evaluación Regional, where 11 governmental institutions with environmental competencies will vote to approve or disapprove the EIA for the Fenix Gold project. The meeting was originally scheduled for July [...]

Rio2 Limited through its Chilean subsidiary, Fenix Gold Limitada is currently engaged in an EIA process for its Fenix Gold Project in Chile, a process which began in April 2020. The Fenix Gold Project is an example of modern gold mining where a full complement of technical, environmental, and social considerations have been consulted on and designed in from the outset. The Project represents a significant investment in [...]

Rio2 Ltd. today announces that it has received a deposit payment of US$25,000,000 from Wheaton Precious Metals International Ltd. in connection with the previously announced precious metals purchase agreement on Rio2's Fenix Gold Project in Chile . The Gold Stream is a component of the previously announced US$125 to US$135 Million financing package to fully fund the Fenix Gold Project to production. Under the Gold Stream [...]

Rio2 Ltd. and Sixth Wave Innovations Inc. are pleased to announce the second phase test work of patented IXOS? purification polymer will begin at Rio2's Fenix Gold Project in Chile in mid-January 2022. The second phase test work at the mine site follows on from the successful completion of ore tests at Sixth Wave's Salt Lake City Utah facility in August 2021. Sixth Wave will perform adsorption tests using IXOS? beads with [...]

Rio2 Ltd. announces the closing of the sale of the Anocarire mining concessions by Fenix Gold Limitada, a wholly owned subsidiary of Rio2, to Andex Minerals Chile SpA following the successful completion of Andex's purchase option. The Anocarire mining concessions were one of the non-core assets resulting from the Company's business combination with Atacama Pacific Corporation in July 2018. The concessions are located in [...]