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Rugby Resources Ltd RBMNF


Primary Symbol: V.RUG

Rugby Resources Ltd. is an exploration stage company. It is engaged in the acquisition and exploration of mineral properties located in Colombia, Argentina, Chile, Australia and the Philippines. Its projects include Cobrasco Copper Project; El Zanjon Project; Motherlode Gold Copper Project; Mantau Project; Colombia Gold Projects; The Venidero Project, and Georgetown Project. Cobrasco Copper Project concessions is located 100 kilometers (km) southwest of Medellin in the Choco Region of Colombia. The Mantau project is located 70 km northeast of Antofagasta city in Chile. The El Zanjon Project in Santa Cruz Province, Argentina. Motherlode Gold Copper Project is located in the center of the broader Mabuhay project area comprising 878 hectares and situated 12 km south of Surigao City, the capital city of the province of Surigao del Norte, Philippines. Venidero Project is an early-stage project, located 60 km south of the Cerro Negro Project in western Santa Cruz Province, Argentina.


TSXV:RUG - Post by User

Post by Betteryear2on Mar 07, 2022 6:37am
227 Views
Post# 34489267

RUGBY COMPLETES SOIL SAMPLING AND 3D MAGNETIC MODELING

RUGBY COMPLETES SOIL SAMPLING AND 3D MAGNETIC MODELING

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. Figure 1 (left) presents a previously identified 10 km diameter magnetic anomaly with the location of a N-S cross section shown. Figure 1 (right) shows the cross-section position again but presents the data as a Magnetization Vector Inversion plan. This presentation shows the E-W faults that break up the stratigraphy into a series of blocks.

RUGBY COMPLETES SOIL SAMPLING AND 3D MAGNETIC MODELING AT EL ZANJON GOLD PROJECT, ARGENTINA

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