Rugby Mining Ltd. is pleased to report that a recent geochemical sampling program has been completed at the El Zanjon gold-silver project in Santa Cruz province, Argentina. El Zanjon covers approximately 600 square kilometers near world class mines at Cerro Negro , Cerro Vanguardia and Cerro Moro . Figure 1 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f752114-d81e-4c24-b9e6-3fbd26d5f98b [...]
Rugby Mining Ltd. is pleased to provide an update on its exploration activities to December 2019. Argentina Update - El Zanjon Rugby recently completed a first pass ground magnetic survey on the prospective El Zanjon epithermal gold-silver project in Santa Cruz Province, Argentina. The project was acquired for its regional geologic and geophysical similarities to the Cerro Moro and Cerro Vanguardia gold systems located to [...]
Rugby Mining Ltd. is pleased to announce that field work is underway on its prospective Pastora and El Playon gold concession applications near Bucaramanga, Colombia. Rugby geological teams have recently been conducting detailed ground proofing of strong geochemical anomalies delineated on Pastora and El Playon. This work program commenced following the recent notice that the Agencia Nacional de Mineria expects to advance [...]
Rugby Mining Ltd. is pleased to announce that it has closed the non-brokered private placement announced September 24, 2019 subject to TSX.V approval. Due to exceptional demand, the Company took additional subscriptions over the September 24th, 2019 announcement and will issue 10,050,000 units at a price of CAD$0.10 per Unit for gross proceeds of CAD$1,005,000 . Each Unit consists of one common share in the capital of the [...]
Rugby Mining Ltd. announces that its board of directors has approved a proposed private placement offering of up to 10,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $1,000,000 . Each Unit will consist of one common share and one common share purchase warrant . Each warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of two years from the date [...]
Rugby Mining Ltd. is pleased to announce that it has intersected a gold-copper porphyry below mine workings at the Motherlode Gold-Copper Project , Surigao Del Norte, Philippines. Drill hole MD009 was collared to test depth extensions to the high grade Motherlode Mine and a deep Induced Polarisation anomaly underlying the vein system. The hole successfully intersected the vein target twice between 320 metres and 335 m but [...]
Rugby Mining Ltd. announces that it has granted an aggregate of 525,000 options with an exercise price of $0.16, exercisable for five years, to three directors and an officer. The Company also granted an aggregate of 350,000 options with an exercise price of $0.16, exercisable for five years, to three consultants. All options granted are subject to vesting provisions. For additional information you are invited to visit [...]
Rugby Mining Ltd. is pleased to announce that, subject to TSXV approval, it has entered into an option agreement to earn up to 100% of the El Zanjon Gold and Silver Project in Santa Cruz Province, Argentina. El Zanjon covers approximately 600 square kilometres within the prolific Deseado Massif gold and silver district. It is situated near such world class mines as Cerro Negro , Cerro Vanguardia and Cerro Moro . A photo [...]
Rugby Mining Ltd. is pleased to announce that it has initiated its drilling program at the Motherlode Gold-Copper Project , Surigao Del Norte, Philippines. Results are expected to start becoming available in late August. As reported in the news release dated , Rugby is targeting the depth extension to the high grade epithermal vein system and a deeper porphyry copper-gold target indicated by an Induced Polarization survey [...]
Rugby Mining Ltd. . The Company is pleased to announce that Yale Simpson has been appointed Chairman of the Company with Bryce Roxburgh assuming the role of President and CEO. The change in management is due to personal commitments Paul Joyce has in Australia. Paul will remain an executive director and assume the role of Chief Operating Officer. We thank Paul for his exceptional work in constructing a remarkable portfolio [...]
Rugby Mining Ltd. is pleased to announce that it has signed a contract with Major Drilling Group International Inc. to drill the Motherlode Gold-Copper Project , Surigao Del Norte, Philippines. The program is scheduled to start late-June, weather permitting. The Motherlode deposit was mined over a strike length of 765m and a vertical depth of 245m. Production from 1937 to 1953* is reported to have been some 500,000 ounces [...]
Rugby Mining Ltd. announces that the TSX Venture Exchange has consented to the reduction in the exercise price of the 6,270,714 outstanding share purchase warrants issued upon the closing of a financing announced May 22, 2018. The exercise price of the Warrants is reduced from $0.50 per common share to $0.36 per common share and the expiry date extended until May 22, 2020 subject to the exercise acceleration noted below [...]