Rio Silver Provides Corporate Update Highlighting Continued Operational Progress at Maria Norte

Core Viewpoint - Rio Silver Inc. is advancing its Maria Norte Project in Peru and believes it is in its strongest operational position in history [1] Recent Developments - The company has achieved significant milestones including community engagement, permitting initiatives, metallurgical optimization, and access preparation for the Maria vein system [2][3] - These milestones reflect the company's disciplined strategy to develop a silver-dominant project in a historic mining district in Peru [3] Management Commentary - The President and CEO emphasized a methodical approach to overcoming barriers such as community engagement and permitting, leading to a stronger operational position [4] - The company is focused on a capital-efficient development strategy and aims to unlock long-term value from the project [4] Recent Operational Milestones - Key operational milestones include: - Permission to commence site activities - Progress toward formal community authorization - Advancements in access preparation and portal planning - Ongoing metallurgical optimization to refine processing flowsheet design - Engagement with local stakeholders and regional authorities - Technical programs supporting staged development planning [8]