World-Class
Quality Targets
Rugby Resources Ltd. is an emerging mineral resource company exploring for copper, gold and silver. Before the founding of Rugby Resources Ltd. in 2007, the Rugby team was responsible for major discoveries including Caspiche (copper-gold, Chile), Cerro Moro (gold-silver, Argentina) and Didipio (gold-copper, Philippines).
The discoveries resulted in corporate transactions, including the takeover of Climax Mining Ltd by OceanaGold Corporation in 2006, Extorre Gold Mines by Yamana in 2012 and of Exeter Resource Corporation by Goldcorp in 2017.
Rugby is now actively exploring new targets with “world-class” potential through a portfolio of compelling projects identified by our very experienced and successful team of mineral explorers.
Learn more about these exciting TARGETS and early-stage DISCOVERIES below!
The Targets
COBRASCO COPPER PORPHYRY, COLOMBIA
Cobrasco Copper Project is a large-scale porphyry copper-molybdenum project located in the western cordillera of Colombia. Drilling to date has tested a small portion of a near-surface, very large porphyry target, evidenced by the copper-molybdenum geochemistry. Rugby has conducted early stage geochemical and geophysical programs followed by two drill holes. A third hole remains for completion on resumption of the drilling program. The Company is in the process of securing a joint venture partner to fund the advancement of the project.
MANTAU GOLD - COPPER PROJECT, CHILE
The Mantau Gold-Copper Project is located in a favourable geologic environment for the discovery of a significant copper-gold deposit with IOCG characteristics. It is 70 km northeast of Antofagasta city in northern Chile at low altitude (1,500m asl), giving it excellent year round access. Outcropping copper occurrences have been mapped. Geochemical and geophysical programs are planned for H2, 2024.
EL ZANJON PROJECT, ARGENTINA
The El Zanjon Gold-Silver Project is located south of the high-grade epithermal Cerro Vanguardia gold-silver deposit owned by AngloGold Ashanti. Rugby’s geophysical and geochemical surveys have defined a large scale, potentially mineralized vein system beneath relatively shallow overlying recent sediments. The system is related to NW and E-W trending structures considered analogous to the Cerro Vanguardia mine vein field. Detailed magnetic surveying planned to better define drill siting on favourable structures will be conducted in 2024 followed by drilling in 2025.
VENIDERO PROJECT, ARGENTINA
The Venidero Gold-Silver Project is located 60 km south of Newmont’s high-grade epithermal Cerro Negro gold-silver deposit. The property hosts outcropping epithermal veins with elevated gold values within the same host rocks as Cerro Negro. Exploration including more detailed vein geochemistry is planned in 2024. Drilling will follow planned IP geophysical surveying in 2025.
GEORGETOWN GOLD COPPER PROJECT, AUSTRALIA
Georgetown Gold-Copper Project consists of 850 sq. km of tenements located in the Georgetown mining district, north Queensland, Australia. The Georgetown district is richly endowed with former mines and prospects but is under-explored relative to its’ potential. Rugby has formed a joint venture earn-in agreement wherein Emu NL (ASX:EMU) can earn a majority interest through staged exploration expenditures. Emu has recently made encouraging copper and gold discoveries. A geochemical sampling program is ongoing with geophysics and drilling planned for H2 2024.
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