PRECIOUS METALS

Rio2 buys infrastructure for Fenix

Rio2 has purchased infrastructure adjacent to its Fenix gold project in Chile’s Maricunga belt through the US$1.5 million acquisition of Minera Paso San Francisco (MPSF) from Chilean energy and forestry company Copec.

Fenix in Chile

Fenix in Chile

The MPSF processing plant was built in the early 1990s to process gold and silver ore from the nearby Can-Can, Arqueros and Caique mines. Processing of ore from those mines ceased in 2005 and between 2008...

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