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