Rugby Resources Ltd.

The Board of Directors of Rugby Resources Ltd. is pleased to announce the discovery of high grade copper mineralisation over significant intervals in its first test of the Cobrasco porphyry in Western Colombia. Cobrasco has not been previously tested by Rugby or any other operator. Highlights CDH001 completed to a total depth 1,036 metres intersected 82m of 1.00% CuEq¹ within a broader interval of 808m of 0.46% CuEq¹ from [...]

Rugby Resources Ltd. is pleased to announce that further to the news release dated September 20, 2022, it has closed the private placement and issued 20,000,000 units of the Company at a price of $0.10 per Unit for gross proceeds of $2,000,000 . Each Unit consists of one common share and one half common share purchase warrant . Each full warrant Half Warrants together) will entitle the holder thereof to purchase one [...]

Rugby Resources Ltd. announces that its board of directors has approved a proposed private placement offering of up to 20,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 . Each Unit will consist of one common share and one half common share purchase warrant . Each full warrant Half Warrants together) will entitle the holder thereof to purchase one additional common share of the Company [...]

Rugby Resources announces that it has granted an aggregate of 750,000 stock options to 3 employees and consultants and 425,000 stock options to a director with an exercise price of $0.13, exercisable for five years. All options granted are subject to vesting provisions. The Company has also amended the exercise price of an aggregate of 750,000 stock options held by non-insiders with a price of $0.22 to $0.13. Both the [...]

The Board of Directors of Rugby Mining Ltd. is pleased to announce that further to its news release dated August 18, 2022, the Company has received acceptance from the TSX Venture Exchange to change its name to Rugby Resources Ltd. The TSX Venture Exchange will publish a bulletin announcing the effective date of the Name Change and it is anticipated that the Company's common shares will begin trading under the new name on [...]

Rugby Mining announces that it will seek TSXV approval to change the name of the Company to Rugby Resources Ltd. In accordance with current TSXV policies, shareholder approval will not be required for the proposed Name Change. The Name Change has been approved by the Company’s board of directors. The Company’s trading symbol “RUG” will remain the same. The effective date of the Name Change will be disclosed in a [...]

Rugby Mining is pleased to report on recent exploration progress on its projects. Highlights: The El Zanjon gold-silver project, Argentina is one step closer to drilling. Assays received for 468 soil samples show gold-silver and pathfinder anomalies coincident with +10 new structural lineaments. At Cobrasco, Colombia environmental studies performed. Other investigations included topographic, geochemical and geophysical [...]

Rugby Mining is pleased to report the return of Mr. Paul Joyce to the Board of Directors. Rugby’s former President, CEO, a founding director and current Chief Operating Officer, Mr. Paul Joyce will rejoin the Board of Directors effective immediately. Mr. Joyce graduated with a Bachelor of Arts in the field of Earth Sciences from Macquarie University, Sydney in 1972 and completed a postgraduate Diploma of Geo-science [...]

Rugby Mining is pleased to report that exploration on the Salvadora silver-copper project in Chile has identified three additional zones of gold, silver and copper mineralisation similar to that on the Silverado prospect. Exploration, including reconnaissance mapping and sampling of areas to the west and east of the main mineralised trend has continued utilizing three exploration teams. The work has identified vein and [...]

Rugby Mining is pleased to report the completion of a follow-up soil sampling program and three-dimensional ground magnetic modeling at El Zanjon in Argentina. The soil assays are awaited but the 3-D magnetic modelling is complete. The 3-D modelling shows a series of deep-seated east-west faults interpreted to be potential hydrothermally altered pathways for mineralizing fluids. Figure 1 presents a previously identified [...]