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Rio Silver Secures Community Permission to Commence Site Activities at Maria Norte, Peru

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Executive Summary

Rio Silver Inc. has achieved a significant development milestone by securing community permission to commence planned site activities at its Maria Norte Project in Peru's Huachocolpa District. This approval follows ongoing dialogue with local residents and community leadership and allows the company to begin establishing necessary infrastructure for exploration and development activities. The agreement represents an initial step toward a formal definitive agreement expected in 2026 for long-term area use.

The Huachocolpa District benefits from a strong mining heritage dating back to the 1950s when Compañia de Minas Buenaventura first commenced operations in the region. The area maintains a significant Canadian mining presence, including neighboring operations by Silver X Mining Corp. and Endeavour Silver Corp. This established mining culture and infrastructure provide a favorable operating environment for Rio Silver's development plans.

With formal authorization confirmed, Rio Silver plans to mobilize personnel for immediate site activities including access and portal preparation work, camp construction, mineral process optimization programs, and systematic surface mapping. The company is also advancing its previously announced metallurgical program to de-risk processing and optimize silver recoveries at the silver-dominant project.

This community support milestone is fundamental to responsible project advancement and reinforces Rio Silver's commitment to transparency, accountability, and long-term stakeholder partnerships. The company operates under rigorous environmental, social, and governance standards consistent with Canadian mining practices in Peru. With local community backing secured, Rio Silver can now execute its staged development strategy while maintaining continued engagement with stakeholders as it works toward becoming one of Peru's next emerging silver producers.
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