Cost ManagementThe project spend is under budget, which indicates effective cost management.
Expansion PlansRio2 announced two MOUs for the potential supply of desalinated water to the Fenix Gold Mine, allowing Fenix to move forward with its expansion plan, where annual production scales from 82Koz per year to over 300Koz.
Stock Market GraduationRio2 officially graduated to the TSX, marking a major step for the company and providing potential for a large expansion to the current mine plan.