Rio Silver Inc. announced that the company has completed its 2012 surface and trench sampling program on 2,100 hectare Ninobamba project, located approximately 330 kilometres southeast of Lima, in the Department of Ayacucho, Peru. The Company views the project as a bulk mineable disseminated silver target. In total seventeen trenches were excavated by the local community and the results of the first five trenches have been previously published with highlights of 56 metres of 1.03 g/t Au and 98.9 g/t Ag in trench TR-01, 42.62 metres of 130.98 g/t Ag in trench TR-02 and 108.49 metres of 62.4 g/t Ag in trench TR-05.

Highlights from new trench results show trench TR-13 returning 165.06 g/t Ag over 20.01 metres, trench TR-16 returning 99.35 g/t Ag over 21.05 metres and trench TR-17 returning 41.85 metres of 37.59 g/t Ag. The 2012 exploration program focused on two parallel mineralized zones, the 'North' and 'South' zones which appear to be two separate NE-SW trending zones of significant silver mineralization. The zones are approximately 400 metres apart and have variable thickness.

A new zone called 'Dilation' was discovered between the North and South zones with 16 surface grab samples averaging 19.98 g/t Ag and ranging from 0.0 to 142.9 g/t Ag. A second new zone called 'Escondida' was also discovered approximately 500 metres southwest of trench TR-02 with 12 surface grab samples averaging 72.03 g/t Ag and ranging from 0.8 to 252.6 g/t Ag. Gold is present in the Escondida zone with 12 samples ranging from 0.0 to 0.799 g/t Au and averaging 0.140 g/t Au.

North zone trenching results. The 2012 exploration program shows that the mineralization in the North zone has a lateral extent of over 400 metres. Recent surface sampling west and north of trench TR-04 shows that gold mineralization is associated with vuggy silica altered volcanics similar to the mineralization exposed in the last 21.77 metres of trench TR-04 which returned 1.32 g/t Au and 102.46 g/t Ag.

The alteration in this area has a strong gold zoning component indicative of high sulphidation systems. The silver mineralization exposed in trenches TR-13, TR-16, and TR-17 are located between the gold bearing trenches in TR-01 and TR-04. The silver mineralization in these trenches is approximately 70 meters lower in elevation compared to trenches TR-01 and TR-04 which further supports that the North zone contains a gold-silver zone and a pure silver zone. Trench TR-13 was terminated at its south end due to deep colluvium cover where the last sample returned 185.2 g/t Ag.

South zone trench results: Trenching has exposed the silver mineralization for over 400 metres in the South zone. Highlights from the recent trenching results show that the most easterly trench TR-07 returned 23.80 metres of 83.06 g/t Ag. Additionally, historical drill results approximately 200 metres east of trench TR-07 suggest that the silver mineralization continues to the east.

The most westerly trench in the South zone, trench TR-02 returned 42.62 metres of 130.98 g/t Ag. The new Escondida zone is located a further 500 metres to the southwest of trench TR-02 and it is likely this new zone is the lateral extension of the South zone. This may expand the potential for the South zone to over 1,100 metres.

The precious metal mineralization thus far determined in the South zone is predominantly silver compared to the North zone which has considerable gold credits.