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RUGBY RES LTD - RBMNF STOCK NEWS

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.

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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.

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Rugby Resources initiates work at the Mantau IOCG project in Chile, aiming for a significant copper discovery. The project shows promising signs of an IOCG system with high-grade copper and gold samples. The company plans a detailed drone survey, geologic mapping, and rock sampling for potential drilling in 2025.
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Rugby Resources reports significant copper and gold mineralization at Georgetown through its joint venture with EMU NL. Visible gold, high copper assay results, and potential for critical minerals were highlighted. EMU's exploration program revealed promising prospects within the Georgetown Project, with plans for further investigation and drilling in 2024.
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Rugby Resources Ltd. reports significant copper/molybdenum assay results from surface sampling at Cobrasco, with a new molybdenum discovery. Assays show up to 4.77% copper, 3.98g/t gold, and 0.09% molybdenum. The company aims to secure a major international mining partner for further exploration and development.
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Rugby Resources Ltd. has reported significant copper, gold, and silver values in recent sampling on the Cobrasco East Porphyry in Colombia. The assays range up to 5.38% copper, 1.40g/t gold, and 121g/t silver. The discovery has a surface area of approximately 2 km2 and is coincident with a large magnetic-low. The mineralization at Cobrasco East has higher gold and lower molybdenum values compared to the Cobrasco Central Porphyry, suggesting a different intrusive center. Rugby plans to conduct grid-spaced sampling and mapping to define the extent of mineralization. The age dating indicates that the system was emplaced in the Eocene, similar to other major copper porphyries in Chile and Ecuador.
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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.

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FAQ

What is the current stock price of RUGBY RES (RBMNF)?

The current stock price of RUGBY RES (RBMNF) is $0.035 as of October 11, 2024.

What is the market cap of RUGBY RES (RBMNF)?

The market cap of RUGBY RES (RBMNF) is approximately 12.7M.

What is Rugby Res Ltd focused on?

Rugby Res Ltd is focused on discovering world-class mineral resource deposits, particularly in gold, silver, and base metal projects.

Where is Rugby Res Ltd listed and under what symbol?

Rugby Res Ltd is listed on the TSX Venture Exchange under the symbol RUG.

What is the primary objective of Rugby Res Ltd?

The primary objective of Rugby Res Ltd is the discovery and development of gold, silver, and base metal projects in secure investment jurisdictions.

What sets Rugby Res Ltd projects apart?

Rugby Res Ltd projects are meticulously selected based on their potential to host significant mineral systems.

What is the experience of Rugby Res Ltd team members?

Rugby Res Ltd team members have been credited with discovering multiple world-class deposits individually, showcasing their expertise and commitment to success in the mining industry.

Where can I find more information about Rugby Res Ltd?

For additional information, visit the Rugby Resources Ltd. website.
RUGBY RES LTD

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12.65M
256.48M
18.48%
1.33%
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