Mr. Chris Verrico reports

RIO SILVER PROVIDES CORPORATE UPDATE HIGHLIGHTING CONTINUED OPERATIONAL PROGRESS AT MARIA NORTE

Rio Silver Inc. today provided a corporate update, highlighting the continued advancement of its Maria Norte project in Peru, and reaffirmed that the company believes it is in the strongest operational position in its history.

Over the past several months, Rio Silver has achieved a series of important milestones designed to advance the Maria Norte project toward staged development. This includes continuing dialog with the local community, advancing permitting initiatives, initiating metallurgical optimization work and preparing access to the exposed Maria vein system.

Collectively, these milestones represent meaningful progress in the company's disciplined strategy to advance a silver-dominant project within one of Peru's historic mining districts.

Management commentary

"We remain firmly focused on execution," said Chris Verrico, president and chief executive officer of Rio Silver. "Over the past year, we have worked methodically to remove the key barriers that historically slow projects -- community engagement, access preparation, permitting progress and metallurgical validation. With each of these milestones advancing, we believe Rio Silver is now operationally stronger than at any point in the company's history."

"Our approach is deliberate and disciplined. We are advancing Maria Norte step by step with a clear pathway forward, by supported local communities, a capital-efficient development strategy and a highly prospective silver-dominant geological system. Management remains steadfast in executing this plan and unlocking the long-term value we believe exists within the project.

"While market conditions can fluctuate in the short term, our focus remains on the steady advancement of the project fundamentals that ultimately determine long-term value."

Recent operational milestones

Recent developments supporting the advancement of Maria Norte include:

• Permission to commence site activities;
• Continued progress toward formal community authorization;
• Access preparation and portal planning advancing;
• Metallurgical optimization program under way to refine processing flowsheet design;
• Continuing engagement with local stakeholders and regional authorities;
• Technical programs advancing to support staged development planning.

About Rio Silver Inc.

Rio Silver is a Canadian resource company advancing high-grade, silver-dominant assets in Peru, the world's second-largest silver producer. The company is focused on near-term development opportunities within proven mineral belts, and is supported by a seasoned technical and operational team with deep experience in Peruvian geology, underground mining and district-scale exploration. With a clear development strategy and a growing portfolio of highly prospective silver assets, Rio Silver is establishing the foundation to become one of Peru's next emerging silver producers.

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