Welcome to our dedicated page for RUGBY RES news (Ticker: RBMNF), a resource for investors and traders seeking the latest updates and insights on RUGBY RES stock.
Rugby Res Ltd, listed on the TSX Venture Exchange under the symbol RUG, is focused on discovering world-class mineral resource deposits. The company's primary objective is the discovery and development of gold, silver, and base metal projects in secure investment jurisdictions. With a team of experienced directors and geologists, Rugby is dedicated to building a reputable exploration and mining company.
The company's current projects and targets are carefully chosen based on their potential to host significant mineral systems. Over the years, Rugby's team has been credited with discovering multiple world-class deposits individually, showcasing their expertise and commitment to success in the mining industry.
Rugby Resources announces the receipt of environmental approval for drilling on the El Zanjon Project in Argentina, south of the Cerro Vanguardia gold-silver mine. The project shows great potential for discovering a large vein field with significant gold-silver targets. A 4,750m drilling program will focus on 15 targets, with a focus on areas AOI2 and AOI3. The Venidero Gold-Silver Project also presents promising opportunities in Argentina.
Rugby Resources Ltd has announced promising initial results from its third drill hole (CDH003) at the Cobrasco copper-molybdenum project in western Colombia. The hole has intersected 144.6m of 0.69% Cu and 155 ppm Mo from 156m depth, paused at 300.6m. CDH003 was drilled from the same collar as CDH002, which previously reported 172m of 0.74% Cu and similar molybdenum values. The ongoing drilling aims to define the potential of the system, with a target depth of 1,300m. Chairman Yale Simpson stated that these results highlight the impressive size potential of the Cobrasco discovery.