UPDATE: Rio Silver Completes 2012 Surface and Trench Sampling Program at Ninobamba; Stock Drops 10%

By MT Newswires,  January 14, 2013, 02:32:48 PM EDT

Rio Silver Inc. (RYO.V) has completed its 2012 surface and trench sampling program on its 100% owned (no underlying royalties), 2100 hectare Ninobamba project.

A new zone called "Dilation" was discovered between the North and South zones with 16 surface grab samples averaging 19.98 g/t Ag and ranging from 0.0 to 142.9 g/t Ag. A second new zone called "Escondida" was also discovered approximately 500 metres southwest of trench TR-02 with 12 surface grab samples averaging 72.03 g/t Ag and ranging from 0.8 to 252.6 g/t Ag.

RYO has dropped 10% to 9 cents, moving closer to year low $0.065.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

How to Pick Stocks in This Economic Environment
How to Pick Stocks in This Economic...
How To Grow Your Small Business
How To Grow Your Small Business     
Private Wealth Revives, Managers Face Higher Costs
Private Wealth Revives, Managers Fa...
Private Island on the Thames: $11.7 Million
Private Island on the Thames: $11.7...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.




Most Active by Volume:

Company Last Sale Change Net / %
S $ 7 0.32  4.37%
PFE $ 29.10 0.30  1.02%
BAC $ 13.19 0.08  0.60%
MU $ 13.97 0.22  1.60%
SIRI $ 3.37 0.03  0.88%
GE $ 23.98 0.35  1.44%
QQQ $ 72.76 0.82  1.11%
ELN $ 14.15 0.37  2.69%