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 [...]
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 [...]
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 [...]
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 [...]
Rugby Mining Ltd. is pleased to announce that it has increased the size of its private placement previously announced in its news release of August 24, 2021 due to investor demand. Rugby now proposes to issue up to an additional 12,500,000 units at a price of $0.12 per Unit for additional gross proceeds of up to $1,500,000, for a total of [...]
Rugby Mining Ltd. announces that its board of directors has approved a proposed private placement offering of up to 20,833,333 units at a price of $0.12 per Unit for gross proceeds of up to $2,500,000 . Completion of the Offering is one of the conditions of the recently announced proposed acquisition of Proximo Resources Pty Ltd , see press release [...]
Rugby Mining Ltd. is pleased to report that it has entered into a purchase agreement pursuant to which it has agreed, subject to TSX Venture Exchange acceptance, to acquire private Australian company Proximo Resources Pty Ltd. Proximo owns silver and gold projects in Chile and Argentina, including the drill ready Salvadora silver-copper-gold [...]
Rugby Mining Ltd. is pleased to report encouraging follow-up soil sampling results from El Zanjon, Patagonia. The program is designed to discover an intact epithermal gold-silver system beneath shallow sedimentary cover. The ultrasensitive analytical method being employed is defining numerous discrete multi-element geochemical anomalies associated [...]
Rugby Mining Ltd. is pleased to report that previously reported gold-silver anomalies have been followed up with a third round of exploration on the El Zanjon property. The project is south of the high-grade Cerro Vanguardia mine in Argentina. A total of 506 soil samples and 422-line kilometres of ground magnetics were completed. Results are [...]
Rugby Mining Ltd. is pleased to advise that it has been granted three exploration permits totalling 849 square kilometres covering extensive gold occurrences in the Georgetown region in North Queensland, Australia. The three exploration permits form Rugby's new Georgetown Project and exploration will commence in Q2, 2021. Highlights Three [...]
Rugby Mining Ltd. is pleased to announce that it has closed the non-brokered private placement announced February 19, 2021 , subject to TSX Venture Exchange approval. The Company took additional subscriptions over the February 19th, 2021 announcement and will issue 5,150,000 units at a price of CAD$0.10 per Unit for gross proceeds of CAD$515,000 [...]
Rugby Mining Ltd. is pleased to report that it is starting a third round of soil sampling plus geophysics at the El Zanjon gold-silver project. The program further targets gold-silver geochemical anomalies identified on magnetic features that have been confirmed to be prospective for epithermal gold-silver deposits . Figure 1: Deseado Massif [...]
