Rio Alto Stand Number: B 49
TSXV: RIO
BVL: RIO
OTCQX: RIOAF
Frankfurt FSE: MS2
Rio Alto Mining is a Canadian based resource company focused on the development of the 21,000 ha La Arena gold / copper project, located in north central Peru, the most prolific gold mining district in the country.
The district is home to a number of world class and medium size gold mines including Barrick Gold’s Lagunas Norte Mine, 15 km west of La Arena (2010 production: 808,000 ounces of gold), Newmont’s Yanacocha Mine, 100 km to the north (2009 production: 2.1 million ounces of gold), and 10km to the north of the privately owned La Virgen Mine (2010 production: approx 81,000 ounces of gold).
La Arena contains 2.8 million ounces gold and 1.7 billion pounds copper in indicated resources with additional inferred resources of 1.2 million ounces gold and 1.2 billion pounds copper. Gold production at La Arena commenced in May of 2011.
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