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Rio Alto Mining Completes Technical Report for La Arena Project in Peru

Oct 30 2010

Rio Alto Mining Limited (TSX VENTURE:RIO)(OTCQX:RIOAF)(BVLAC:RIO)(DBFrankfurt:MS2) has announced that Coffey Mining Pty. Ltd., the Company's independent engineers, have completed the Technical Report that was referred to in the Company's news release of September 15, 2010 in respect of updated reserve and resource estimates and financial estimates for the Company's La Arena Project located in north central Peru.

The Company has announced the appointment of Grant Thornton LLP, Chartered Accountants, as auditor of the Company effective October 26, 2010. The resignation of the Company's former auditor, Davidson & Company LLP, was accepted by the Company on October 26, 2010.

Rio Alto would also like to remind holders of warrants convertible into one common share in the capital of the Company upon payment of $1.30 that those warrants expire on December 31, 2010.

Source:

Rio Alto Mining Limited

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