Rio Grande Resources Receives Final Approval from CSE and Announces Listing Date
Rio Grande Resources Receives Final Approval from CSE and
Announces Listing Date
Rio Grande Resources Is Anticipated to Commence Trading on the Canadian
Securities Exchange Under the Ticker “RGR” at Market Open at 6:30 AM PST
February 7, 2025
VANCOUVER, British Columbia, February 7, 2025 – Rio Grande Resources Ltd. (CSE: RGR) (“Rio
Grande” or “RIO” the “Company”), an emerging North American gold and silver exploration
company is pleased to announce that the Company has received final approval to list its common
shares on the Canadian Securities Exchange (the “ CSE”). The Company’s common shares are
expected to commence trading at market open today, Friday , February 7, 2025, under the trading
symbol “RGR”.
The directors and officers of Rio Grande are:
• Jason Barnard – CEO & Director
• Ray Strafehl – President & Director
• Richard Silas – Non-Executive Chairman & Director
• Curtis Bouwman – Chief Financial Officer
• Kelly Pladson – Corporate Secretary
Jason Barnard, Chief Executive Officer of Rio Grande , comments: “Today marks an exciting new
chapter for Rio Grande Resources and our valued shareholders as we begin trading on the CSE under
the symbol 'RGR' . This listing is a significant milestone, enabling us to dedicate a focused team and
resources to our exceptional gold and silver assets in New Mexico. The high -grade gold and silver
samples, including assays of 41.5 g/t gold and 4,610 g/t silver, are testament to the incredible
resources we hold. As we leverage advanced techniques, we will systematically explore and develop
the mineable ore and unlock the value for our shareholders within this highly prospective region and
work towards the discovery of large-scale precious metal deposits.
“The recent surge in gold and silver prices is creating a very positive backdrop for companies like Rio
Grande Resources. Investors are increasingly turning to precious metals as a safe haven and a hedge
against inflation. This is driving up demand and furt her confirming the underlying strength of the
metals we are focusing on. The current market conditions are creating an extraordinary opportunity
for our company, ” concluded Barnard.
About the Winston Group of Gold and Silver Properties
Rio Grande Resources controls a 100% interest in the Winston Group of Properties, consisting of
one-hundred-forty-seven (147) unpatented lode mining claims and two (2) patented mining claims
in Sierra County and Catron County, New Mexico. The Properties cover 1,229 hectares (3,037 acres)
in the Black Range/Chloride Mining District of central New Mexico and are comprised of three
historic past producing gold and silver mines: Ivanhoe, Emporia and Little Granite.
Figure 1. Winston Project (yellow ellipse) regional location map, showing the north end of Chloride District. Porphyry
Copper Deposit (PCD) in blue circles; Base-Metal CRD Districts in purple rectangles; Epithermal Precious Metals in
red rectangles
Table 1 shows the descriptions and Gold/Silver values for Ore Characterization Samples collected
by the Q P. Exceptional results from property-wide confirmatory sampling completed in 2021
included many high-grade samples including 41.5 g/t Gold and 4,610 g/t Silver on newly staked
claims. Additional samples from these three mines returned peak values of 66.5 g/t gold and 2,940
g/t silver from Little Granite, 26.8 g/t gold and 1,670 g/t silver from Ivanhoe, and 46.1 g/t gold and
517 g/t silver from Emporia.
Table 1. Ore Characterization samples collected from historic mine dumps, none omitted
Current and Future Exploration Plans
Rio Grande expects it will initiate a modern exploration program at its New Mexico properties,
focusing on the previously high -grade sampled areas on the Winston Property. The program will
employ advanced geophysical techniques, including high-resolution LiDAR and satellite imagery to
build a detailed 3D digital model for accurate drill targeting. The exploration will involve geological
mapping, sampling, and structural analysis, including a project wide ground magnetics to delineate
mineralization. The initial phase will concentrate on field work in 2025, and data will be compiled to
identify mineralized zones and de-risk future drill targets.
Following the initial exploration program, Rio Grande anticipates commencing a 20-hole, 3,000-foot
diamond drilling program . This program aims to test depth and strike extensions of known
mineralization, with the results guiding future exploration and drilling.
Sample# Comment Mine G/T
GOLD
G/T
SILVER
1670958 Sugary white quartz w patches of black sulphides Emporia 46.10 366.0
1670959 amethyst vein and breccia w minor oxides Emporia 0.02 1.0
1670960 banded vein w some red zones and minor ginguro Emporia 44.90 517.0
1670957 banded comb quartz w calcite, oxides, dark gray zones Ivanhoe 0.38 563.0
1670976 sugary quartz/adularia/calcite banded vein w black sulphide
bands, up to 20% locally
Ivanhoe 4.82 1,670.0
1670977 layered comb amethyst w oxides and replacement textures Ivanhoe 0.02 3.8
1670978 massive dark gray quartz w red oxide zone, some copper oxide Ivanhoe 2.91 628.0
1670979 calcite breccia w chalcopyrite, included banded vein clast Ivanhoe 0.47 383.0
1670980 layered chalcedony w black sulphide, Ivanhoe 26.80 940.0
1670981 qtz/adularia vein w green mustard oxide Ivanhoe 1.30 849.0
1670962 comb amethyst/sugary quartz w red- L
Granite
3.33 218.0
1670963 coarse comb quartz w calcite and bright green crystalline oxide L
Granite
7.97 189.0
1670964 dark grey mucky quartz vein phase, red -orange oxides with trace
copper
oxide
L
Granite
6.43 525.0
1670990 comb quartz with red and black sulphide layers, rare variety on this
dump
L
Granite
0.41 690.0
1670992 Quartz with red-oxide fluff L
Granite
0.10 7.6
1670993 Qtz/adularia vein phase w minor orange oxides L
Granite
2.15 163.0
1670994 white banded coarse comb vein, dump background L
Granite
7.00 337.0
1670995 select high grade vein grab at LG haul tower L
Granite
66.50 2,940.0
Qualified Person
Technical information in this news release has been reviewed and approved by Michael Feinstein,
PhD, CPG, who is a Qualified Person as identified by Canadian National Instrument 43 -101-
Standards of Disclosure for Mineral Projects and as defined by the Secu rities and Exchange
Commission’s Regulation S-K 1300 rules for resource deposit disclosure.
About Rio Grande Resources
Rio Grande Resources (CSE:RGR) is a burgeoning mineral exploration company focused on unlocking
the high-grade gold and silver potential within its 3,000-acre drill-ready property in the Black Range
of Sierra County, New Mexico. The company holds 100% interest in the Winston project group, which
includes the 2 patented historic Ivanhoe & Emporia Claims, and Little Granite mines, all known for
their past production of high- grade precious metals. Rio Grande Resources is led by a team of
experienced professionals with expertise in mineral exploration and development, who are targeting
large-scale precious metal discoveries within the property’s well -documented low -sulfidation
epithermal setting. To view the company fact sheet and corporate presentation please visit our
website at www.riogranderesources.ca
Contact and Information
Company
Jason Barnard, CEO and Director
(604) 767-6598
Investor Relations
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
(949) 259-4987
www.mzgroup.us
Follow us or contact us on social media:
X: https://x.com/RioGrandeRGR
LinkedIn: https://www.linkedin.com/company/rio-grande-resources/about/
Forward-Looking Statements
Except for the statements of historical fact contained herein, the information presented in this news
release and oral statements made from time to time by representatives of the Company are or may
constitute “forward -looking statements” as such term is us ed in applicable United States and
Canadian laws and including, without limitation, within the meaning of the Private Securities
Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for
forward looking statements. Such forward -looking statements and forward -looking information
include, but are not limited CSE and the proposed benefits of the Arrangement. These statements
relate to analyses and other information that are based on forecasts of future results, estimates of
amounts not yet determinable and assumptions of management. Any other statements that express
or involve discussions with respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance (often, but not always, using words or
phrases such as “expects” or “does not expect, ” “is expected, ” “anticipates” or “does not anticipate, ”
“plans, ” “estimates” or “intends, ” or stating that certain actions, events or results “may, ” “could, ”
“would, ” “might” or “will” be taken, occur or be achieved) are not statements of historical fact and
should be viewed as forward -looking statements. Such forward -looking statements involve known
and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any future results, performance or
achievements expressed or implied by such forward- looking statements. Such risks and other
factors include, among others, the availability of capital to fund programs and the resulting dilution
caused by the raising of capital through the sale of shares, continuity of agreements with third parties,
the satisfaction of the conditions to the Arrangement, risks and uncertainties associated with the
environment and delays in obtaining governmental approvals, permits or financing . Although the
Company has attempted to identify important factors that could cause actual actions, events or
results to differ materially from those described in forward -looking statements, there may be other
factors that cause actions, events or results not to be as anticipated, estimated or intended. There
can be no assurance that such statements will prove to be accurate as actual results and future
events could differ mater ially from those anticipated in such statements. Although the Company
believes that the expectations reflected in such forward -looking statements are based upon
reasonable assumptions, it can give no assurance that its expectations will be achieved. Forwar d-
looking information is subject to certain risks, trends and uncertainties that could cause actual
results to differ materially from those projected. Many of these factors are beyond the Company’s
ability to control or predict. Important factors that may cause actual results to differ materially and
that could impact the Company and the statements contained in this news release can be found in
the Company’s filings on SEDAR+. The Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information, future events or otherwise.
Accordingly, readers should not place undue reliance on forward -looking statements contained in
this news release and in any document referred to in this news release. This news re lease shall not
constitute an offer to sell or the solicitation of an offer to buy securities. Please refer to the Company’s
most recent filings under its profile at on SEDAR+ at www.sedarplus.ca for further information
respecting the risks affecting the Company and its business.
The CSE has neither approved nor disapproved the contents of this news release and accepts no
responsibility for the adequacy or accuracy hereof.