Rugby Mining Limited Changes Name to Rugby Resources Ltd and Provides Exploration Update VANCOUVER, British Columbia, Aug. 24, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) is pleased to announce that further to its news release dated August 18, 2022, the Company has received acceptance from the TSX Venture Exchange (the “TSX-V”) to change its name (the “Name Change”) 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 Compa...
RUGBY MINING TO CHANGE ITS NAME TO RUGBY RESOURCES LTD. Vancouver, B.C., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) announces that it will seek TSX Venture Exchange (the “TSXV”) approval to change the name of the Company to Rugby Resources Ltd. (the “Name Change”). 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 Cha...
RUGBY MINING EXPLORATION UPDATE Vancouver, B.C., May 31, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 surveys.At Salvadora, Chile field wor...
RUGBY ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS Vancouver, B.C., May 25, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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, majoring in Mineral Econ...
SALVADORA PROJECT EXPLORATION UPDATE Vancouver, B.C., March 28, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 disseminated gold, silver ...
RUGBY COMPLETES SOIL SAMPLING AND 3D MAGNETIC MODELING AT EL ZANJON GOLD PROJECT, ARGENTINA Vancouver, B.C., March 07, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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. presents a previous...
RUGBY GRANTS INCENTIVE STOCK OPTIONS Vancouver, B.C., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) announces that it has, subject to exchange approval, granted an aggregate 2,275,000 stock options to 5 directors and 4 officers with an exercise price of $0.20. All options granted are subject to vesting provisions and have a 5 year term. About Rugby Rugby is an exploration company conducting “discovery stage” exploration on targets in Chile, Colombia, Argentina, the Philippines and Australia. The Company’s focus is the potential discovery ...
RUGBY PROPOSES TO EXTEND WARRANTS EXPIRY DATE Vancouver, B.C., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) announces that, subject to exchange approval, the Company plans to amend the terms to 2,575,000 outstanding share purchase warrants (the “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 unchanged...
RUGBY TO COMMENCE EXPLORATION AT COBRASCO COPPER PROJECT EXPLORATION PRIORITY TO SHIFT FROM SALVADORA, CHILE Vancouver, B.C., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 dri...
RUGBY MINING ISSUES SHARES PURSUANT TO OPTION AGREEMENT Vancouver, B.C., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 below and along stri...
RUGBY TO COMMENCE COMPREHENSIVE EXPLORATION PROGRAM AT COBRASCO COPPER PROJECT, COLOMBIA GOVERNMENT PASSES NEW FOREST RESERVE EXTRACTION RESOLUTION Vancouver, B.C., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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...
RUGBY EXPANDS EXPLORATION COVERAGE AT EL ZANJON GOLD-SILVER PROJECT, ARGENTINA Vancouver, B.C., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 mu...
Rugby Updates Exploration at Salvadora Project, Chile VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 ounces o...
RUGBY ANNOUNCES CEO APPOINTMENT Vancouver, B.C., Jan. 12, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 experience to the role that the Board demands. Br...
Rugby Completes Airborne Geophysical Survey at Salvadora Silver-Copper Project, Chile VANCOUVER, British Columbia, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 Co...
Rugby Commences Field Work Prior to Drilling the Salvadora Silver-Copper Project, Chile VANCOUVER, British Columbia, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 g...
Rugby Mining Completes Acquisition of Proximo Resources Closes $4 Million Financing and Files Technical Report This news release is not for distribution to United States newswire service or for dissemination in the United States VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) reports that it has completed its previously announced acquisition of Proximo Resources Pty Ltd (“Proximo”), a private Australian company (the “Acquisition”) (see the Company’s news release dated July 26, 2021). Proximo controls silver an...
Rugby Mining Proposes to Extend Warrants Expiry Date and Provides Update on Proximo Transaction This news release is not for distribution to United States newswire service or for dissemination in the United States VANCOUVER, British Columbia, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) announces that subject to the acceptance by the TSX Venture Exchange (“TSXV”), the Company plans to amend the terms to 10,050,000 outstanding share purchase warrants (the “Warrants”) issued upon the closing of a financing announced on October 29, 2019. Th...
Rugby Mining Provides Update on Proximo Acquisition This news release is not for distribution to United States newswire service or for dissemination in the United States VANCOUVER, British Columbia, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) 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 (the “Transaction”) of 100% of private Australian company Proximo Resources Pty Ltd (“Proximo”). As a condition to the Transaction a...
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