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Rio Alto Mining Limited

Published : June 17th, 2008

Appoints Jose Sayo Garcia as VP Exploration and Brings Additional Strength to its Geological Team

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June 17, 2008

Mexican Silver Mines Ltd. Appoints Jose Sayo Garcia as
VP Exploration and Brings Additional Strength to its Geological Team

Mexican Silver Mines Ltd. ("Mexican Silver") (TSXV: MSM; Frankfurt WKN: A0MSLE) is pleased to announce the addition of four senior geologists to the Company's geological team. Each of these individuals have different strengths that will cumulate to Mexican Silver's goal of defining economic resources. Additionally, each have had direct experience in building reserve estimates, bringing historical mines back into production and evaluating new projects that have a short timeline to production.

Jose Sayo Garcia
Mexican Silver has appointed Mr. Jose Sayo Garcia, licensed geologist, as Vice President of Exploration responsible for management of the Company's exploration programs.

Mr. Garcia has 29 years of continuous, comprehensive involvement in exploration and mining, focused on both underground and surface operations. His proven expertise includes designing and implementing programs for prospect testing and mineralized target delineation, as well as project and mine valuation using both manual and computer-assisted mineral resource and ore reserve estimation.

In his years of experience, Mr. Garcia has developed geological models, devised exploration strategies, and has established and implemented cost effective operational controls during the exploration, development and extraction phases of mining. As demonstrated by accomplishments in the mineral districts of Indonesia, Canada, Mongolia and the Philippines, Mr. Garcia has utilized efficient management information and feedback systems.

Over the years Mr. Garcia has been extensively involved with the Lepanto Consolidated group of mining companies in the Philippines. He was the major contributor for the discovery and subsequent mining of the Lepanto's Victoria and Teresa Gold Mines and the delineation of the Far Southeast Porphyry gold-copper deposit. Mr. Garcia was also responsible for the discovery of the Bayugo-Kalaya-an prospect of Manila Mining Corp. For over seven years, he worked with Newmont Mining Corp. on various projects in the Philippines, Peru and Indonesia and led the team that discovered and developed the Riska and Effendi gold deposits (now operated by Avocet mining Plc) in North Sulawesi, Indonesia. Additionally, he worked with East Asia Minerals Corporation as Country Manager for their copper and uranium exploration in Mongolia. Most recently, Mr. Garcia was involved with Rolling Rock Resources Corp. for project geology requirements of the Monument Bay Gold in Greenstone project and the pursuance of target delineation work for the Domain Gold Project. Both projects are sited in Manitoba, Canada.

G. Tarcilo Medina Araujo
Mr. Tarcilo Medina has 35 years of experience in the mining industry, with successful results in the search for new deposits. His expertise is in disseminated intrusive deposits, structure veins in sedimentary and intrusive rock formations, and metasomatic contact bodies in metamorphic rocks. He is also experienced in technical analysis in the development of mineral exploration and exploitation through computer applications at regional and local level, in both open pit and underground mining. Additionally, Mr. Medina is skilled in identifying opportunities for operational and functional improvement, such as the development of technical training programs for contractors. 

Mr. Medina has worked as a Mining Geologist and General Supervisor for Minas San Luis S.A. de C.V.'s La Libertad Mine in Mexico and as General Supervisor of Mining, Geology and Planning for Open Pit Mining with C�a Minera Mexicana de Avino S.A. de C.V. Prior to this, he worked in both Mexico and Peru specializing in open pit mining. Mr. Medina is a Geological Engineer from the Universidad Nacional San Agust�n de Arequipa, Peru. He is a Mexican National and lives in Monterrey, Mexico.

Joaquin Alberto Amaro Diaz de Leon
Mr. Joaquin Alberto Amaro Diaz de Leo has joined Mexican Silver from Hochschild Mining PLC - Minera Hochschild Mexico S.A. de C.V. Mr. Amaro was the Chief Project Geologist for Hochschild Mining involved in gold exploration in the North M�xico Region in the states of Durango, Chihuahua, and San Luis Potos�, Mexico. He was also Project Geologist involved in geological exploration, geological and geotechnical core logging, exploration drilling programs, field quality control, survey and drilling logistic for offset locations, QA/QC Control, database management and expert in the geology of old mines. Additionally, he was responsible for modeling and characterization of the vertical and horizontal distribution population of geochemical results, and the geophysical interpreter for numerous projects in Zacatecas, Guanajuato, and Jalisco (MHM). Mr. Amaro was involved in over 300 prospect visits in the North M�xico Region, Chihuahua, Zacatecas, Aguascalientes, San Luis Potos�, Durango, Guanajuato and Jalisco (MHM). Prior to working with Hochschild Mining, he served as a geologist for the Mexican Geological Survey (SGM) in San Luis Potosi.

Mr. Amaro is a Geological Engineer from the Universidad Aut�noma de San Luis Potos�, SLP.

Edgar H. Ramirez Rodriguez
Before joining Mexican Silver, Mr. Edgar H. Ramirez Rodriguez worked with Hochschild Mining PLC - Minera Hochschild Mexico SA DE CV as a Geological Engineer. Mr. Ramirez held the position of Senior Geologist focused on Metalogenetics focusing on the Central and Northern parts of Mexico. Metalogenetics to Hochschild Mining, Mr. Ramirez worked with the Mexican Geological Survey (SGM).

"These additions are crucial to strengthen the Company's geological team," stated Feisal Somji, President and CEO of Mexican Silver Mines. "With the combined expertise of Mr. Garcia, Mr. Medina, Mr.  Amaro and Mr. Ramirez, Mexican Silver is now closer than ever to being able to attain its goal of defining economic resources. Not only will they help to streamline our operations, but will also bring new ideas and improvements to an already exceptional team."

About Mexican Silver Mines
Mexican Silver Mines is a silver focused junior resource company developing three former silver producing properties in north-eastern Mexico. To learn more about Mexican Silver Mines, please visit:



Feisal Somji, B.Sc., MBA
President and Chief Executive Officer


Mexican Silver Mines Ltd.
Feisal Somji, President & CEO
Phone:  403.236.5089
Fax:      403.398.0693
Investor Relations
Jamie Mathers, Ascenta Capital Partners Inc.
Phone: 604.684.4743 ext. 236
Phone: 866.684.4209

This news release contains forward-looking information including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations and potential mineral recovery processes. Forward-looking information includes disclosure regarding possible future events, conditions or results of operations that is based on assumptions about future economic conditions and courses of action, and therefore, involves inherent risks and uncertainties. When used in this news release. The words "estimated", "plan", "anticipated", "expected", "intend", believe", and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Mexican Silver to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. For any forward-looking information given, management has assumed that the analytical results it has received are reliable, and has applied geological interpretation methodologies which are consistent with industry standards. Although management has a reasonable basis for the conclusions drawn, there can be no assurance that forward-looking statements will prove to be accurate and actual results may differ materially from those currently anticipated in such statements. For such statements, we claim safe harbour.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.


This email was sent by: Ascenta Capital Partners Inc.
Suite 1610, 1066 West Hastings Street, Vancouver, BC, V6E 3X1 Canada

Ascenta Capital provides investor relations services to a number of high-quality junior public companies. To learn about these companies, there are a number of e-news lists you can subscribe or unsubscribe to in our Profile Centre. You can also subscribe to Ascenta's monthly e-newsletter, Resource Investor Monthly.
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Rio Alto Mining Limited

ISIN : CA76689T1049
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Rio Alto is a copper and gold development stage company based in Canada.

Rio Alto develops copper, gold and silver in Peru, and holds various exploration projects in Mexico.

Its main asset in development is LA ARENA in Peru and its main exploration properties are ANILLO DE FUEGO, PROVIDENCIA, RAL ( LA IGUANA ), VALLECILLO, MAMULIQUE and LA BLANCA in Mexico.

Rio Alto is listed in Canada. Its market capitalisation is CA$ 793.2 millions as of today (US$ 798.5 millions, € 597.1 millions).

Its stock quote reached its lowest recent point on December 26, 2008 at CA$ 0.07, and its highest recent level on February 23, 2012 at CA$ 4.54.

Rio Alto has 175 886 000 shares outstanding.

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In the News and Medias of Rio Alto Mining Limited
1/31/2008Follow up N° 2
Annual reports of Rio Alto Mining Limited
2007 annual report
2007 Q1 report
2006 Q3 report
2006 annual report
Financings of Rio Alto Mining Limited
11/30/2010Completes First Tranche of Private Placement for C$12.8 Mill...
1/7/2009Extends Expiry Date of Outstanding Warrants
12/23/2008Proposes to Extend Expiry Date of Outstanding Warrants
Option Grants of Rio Alto Mining Limited
7/23/2009Name Change to Rio Alto Mining Limited and Grant of Stock Op...
5/25/2009Announces Grant of Stock Options
Nominations of Rio Alto Mining Limited
3/14/2011Announces Appointment of Victor Gobitz and Sidney Robinson t...
2/18/2011Announces the Departure of Feisal Somji
6/17/2008Appoints Jose Sayo Garcia as VP Exploration and Brings Addit...
Project news of Rio Alto Mining Limited
4/29/2011(La Arena)Drills 173 Metres of 1.53 Grams of Gold Per Tonne
2/9/2011(La Arena)Announces Acquisition of 100% of La Arena Project
8/5/2009(La Arena)La Arena Surface Rights and Project Update
6/29/2009(La Arena)Confirms Option Agreement on La Arena and Equity Position in...
7/7/2008(Mamulique)Commences First Phase Drilling at the Mamulique Project
6/4/2008(Ral ( La Iguana ))Reports Extension of Mantos in the First Phase of Drilling a...
5/12/2008(La Blanca)Discovers New High Grade Veins
3/25/2008(Vallecillo)Initiates IP Geophysics at Vallecillo
2/19/2008(Mamulique) Announces Positive Exploration Results and Drill Plan for t...
1/30/2008(Ral ( La Iguana ))Announces an Exploration Update on its Iguana Project
1/23/2008(Vallecillo)Reports further drill results from the Vallecillo drill prog...
Corporate news of Rio Alto Mining Limited
4/1/2015Tahoe Resources and Rio Alto Mining Announce Completion of M...
3/30/2015Announces Shareholder and Court Approval of the Plan of Arra...
3/16/2015Announces Net Income of US$49.8 Million for 2014
7/20/2011Drills 238 Metres of 1.06 Grams of Gold Per Tonne
6/15/2011Drills 134 Metres of 2.29 Grams of Gold Per Tonne
5/9/2011(La Arena)Pours 1,115 Oz of Gold at La Arena
6/30/2009Completes Acquisition of Rio Alto Mining Limited
6/22/2009Enters Definitive Agreement to Acquire Rio Alto Mining Limit...
3/10/2009Enters into Letter of Intent to Acquire Rio Alto Mining Limi...
2/25/2009at 2009 Prospectors & Developers Association of Canada Confe...
12/19/2008Featured on Business Television
11/19/2008Provides a Corporate Update and Initiates Review of Strategi...
4/23/2008 Grants and Re-Prices Options
4/8/2008 Announces the Addition of Jim Glass to Board of Directors
2/29/20082007 Q3 Report
1/28/2008Announces Exploration Results from the Magnolia Mine Area wi...
12/5/2007 Announces Positive Drill Assay Results From Vallecillo and ...
11/30/20072007 Q2 report
11/19/2007 Acquires the Voladora Mine in the State of Nuevo Leon
10/31/2007Increases Drill Program at Vallecillo
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