Rugby Mining announces that, subject to exchange approval, the Company plans to amend the terms to 2,575,000 outstanding share purchase warrants issued upon the closing of a financing announced on March 16, 2021. The Warrants, with an exercise price of $0.20 per share and original expiry date of March 17, 2022, are proposed to be extended to expire on June 17, 2022. All other terms and conditions of the Warrants remain [...]
Rugby Mining Ltd. reports that in response to the opening up of the Cobrasco copper-molybdenum project to exploration, including drilling, the Company will defer drilling of its Salvadora, Chile silver-copper project. The decision is based on three considerations: Current fieldwork at Salvadora is discovering new areas of mineralization that warrant evaluation and ranking prior to drilling At this stage, the Cobrasco [...]
Rugby Mining Ltd. announces that it will issue 302,095 shares in settlement of a payment of US$50,000 pursuant to a previously announced option agreement with All-Acacia Resources over the Motherlode project. The Motherlode Project in the Philippines is a high-grade epithermal vein system with significant historical gold production. Rugby drilling has indicated the presence of a large-scale porphyry copper gold system [...]
Rugby Mining Ltd. reports that in April, it plans to initiate a comprehensive exploration program at Cobrasco, a large-scale undrilled porphyry copper-molybdenum system in western Colombia. Importantly, a community agreement and water permits are in place to proceed with the drilling, which is anticipated to commence in June. Detailed exploration has recently been facilitated by a January 28, 2022 resolution with respect [...]
Rugby Mining Ltd. is pleased to report that in February, geochemical sampling on its El Zanjon epithermal gold-silver project in the Deseado Massif of Patagonia will be expanded to cover new target structures. Elsewhere at the Salvadora silver-copper project in Chile, field work has resumed after a one week delay due to a weather-related road closure. A recently extended ground magnetic survey at El Zanjon outlined [...]
Rugby Mining Ltd. is pleased to report that field work is continuing at its Salvadora silver-copper-gold project in Chile ahead of a core drilling program in February. The current program has included a detailed interpretation of the recent airborne geophysics and talus sampling, geological mapping, rock chip sampling and road construction. Salvadora is located in the south of the El Indio gold belt that hosts +44 million [...]
Rugby Mining Ltd. The Company's Board of Directors announces that it has accepted the resignation of Mr. Peter Love as President and CEO. Mr. Bryce Roxburgh, who formerly held those roles will resume those positions. He will step down as Co-chairman, leaving Yale Simpson as Chairman. The Board welcomes Bryce back into this role. As a founder and major shareholder of Rugby he will provide the decisive leadership and [...]
Rugby Mining Ltd. is pleased to announce the completion of a helicopter-borne combined magnetic-radiometric survey on its Salvadora silver-copper project in the El Indio Belt, Chile. The survey was flown by New-Sense Geophysics and data generated will now be processed by SouthernRock Geophysics. The results are anticipated in the coming weeks and will help determine final surface locations for the Company's drilling [...]
Rugby Mining Ltd. reports that field work is underway at its Salvadora project in Chile in preparation for Q1-2022 core drilling. The current program includes airborne magnetics, mapping and talus sampling along the non outcrop portions of the 7 km long alteration system. Salvadora is located 40 km south of Barrick's El Indio gold mine in the south of the El Indio gold belt that hosts +44 Moz of gold and 875 Moz of [...]
Rugby Mining Ltd. reports that it has completed its previously announced acquisition of Proximo Resources Pty Ltd , a private Australian company . Proximo controls silver and gold projects in Chile and Argentina, including the drill ready Salvadora silver-copper-gold project . Rugby is also pleased to announce that it has closed its previously announced and oversubscribed $4 million private placement of units . Pursuant [...]
Rugby Mining Ltd. announces that subject to the acceptance by the TSX Venture Exchange , the Company plans to amend the terms to 10,050,000 outstanding share purchase warrants issued upon the closing of a financing announced on October 29, 2019. The Warrants, with an exercise price of $0.17 per share and original expiry date of October 30, 2021, are proposed to be extended to expire on October 30, 2022, subject to the [...]
Rugby Mining Ltd. announces that further to its news releases of July 26, August 24, 2021 and September 3, 2021 the Company wishes to provide an update on its proposed acquisition of 100% of private Australian company Proximo Resources Pty Ltd . As a condition to the Transaction and the final acceptance by TSX Venture Exchange of the Transaction, the Company must, among other things, complete a concurrent private [...]
+4700,00 %
-97,06 %
