Rio2 Pours First Gold & Buys Copper Mine – Path to 450koz Eq
In this exclusive interview, Andrew Cox of Rio2 Limited (TSX: RIO | OTCQX: RIOFF) shares the story behind the company’s transformation from developer to producer. Just weeks after the first official gold pour at the Fenix Gold Mine in Chile (January 2026), Rio2 has also completed the acquisition of the producing Condestable Copper Mine in Peru. The same team that built and sold Rio Alto Mining (Larena + Shahuindo, over 2 Moz produced) is now scaling Rio2 into a diversified Latin American gold + copper story with clear organic growth. Andrew details the Fenix ramp-up (target 60-70koz gold in 2026, full 100koz run-rate by year-end), the water pipeline PFS for expansion to 300koz, Condestable’s near-term expansion to 120koz AuEq, and the long-term goal of 420,000 to 450,000 oz gold equivalent production by the end of the decade. Timestamps: 00:00 - Welcome & Rio2 History (Rio Alto roots) 02:57 - Fenix Gold First Pour & Current Ramp-Up 05:51 - Market Cap Reaction & Condestable Acquisition Rationale 08:49 - Acquisition Price & Why It Was a No-Brainer 09:36 - Fenix Expansion to 300koz (Water Pipeline PFS in Q2) 11:49 - 2026 Production Guidance (60-70koz gold) 13:07 - Drilling Program & Resource Update (Q4) 13:32 - Condestable Expansion Plans (to 12ktpd) 16:16 - Corporate Strategy & One More Asset Target 18:58 - Near-Term Catalysts & Long-Term Vision

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