Last C$0.19 CAD
Change Today +0.01 / 5.56%
Volume 35.5K
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As of 2:49 PM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

rugby mining ltd (RUG) Snapshot

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rugby mining ltd (RUG) Details

Rugby Mining Limited, together with its subsidiaries, is engaged in the acquisition, exploration, and development of mineral properties in Australia, Colombia, and the Philippines. It primarily explores for gold, silver, copper, and molybdenum deposits. The company holds a 100% interest in the Cobrasco Porphyry Copper Gold Project, which covers an area of 3,000 hectares and is located to the southwest of Medellin in the Choco Region, Colombia; a 60% interest in the Comita Porphyry Copper Gold Project that covers an area of 15 square kilometers and is located to the southwest of Medellin in the Choco Region of Colombia; and a 80% interest in the Mabuhay Gold project, which covers an area of 878 hectares and is located to the south of Surigao City in Surigao del Norte province, the Philippines. It also has interests in the Hawkwood project that is located in Hawkwood, south eastern Queensland, Australia, as well as holds an option to earn an 80% interest in the Great Northern Gold project located in the Pilbara district of Western Australia comprising a 714 square kilometre tenement package and a near surface resource at Wingina Well. The company was formerly known as Carlyle Mining Corporation and changed its name to Rugby Mining Limited in March 2009. Rugby Mining Limited was incorporated in 2007 and is headquartered in Vancouver, Canada.

Founded in 2007

rugby mining ltd (RUG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$145.8K
Chief Financial Officer and Secretary
Total Annual Compensation: C$53.7K
Compensation as of Fiscal Year 2014.

rugby mining ltd (RUG) Key Developments

Rugby Mining Limited Announces Approval of Drilling Permit for the Wingina Prospect at the Great Northern Gold Project, Australia

Rugby Mining Limited announced that a permit has been received for the initial drilling program at the Wingina prospect within the Great Northern Gold Project in the Pilbara region of Western Australia. Rugby has secured the water permits and the communities' social and access agreements necessary to initiate an exploration program at Cobrasco. One final permit is awaited and remains with the Ministry of Environment for approval. Drilling on the project is expected to follow once this permit is obtained.

Rugby Mining Limited Provides Drilling Update on Great Northern Gold Project

Rugby Mining Limited announced preliminary high grade gold results from the recently completed diamond drilling program at the Great Northern Gold Project in the Pilbara region of Western Australia. The initial drilling program was conducted at the early stage Berghaus prospect, located approximately 9 kilometres to the northwest of Wingina. Eight shallow holes for a total of 640 metres (m) were drilled along 750 m of strike to target high grade gold mineralization associated with a series of northeast-trending structures in meta-sedimentary rocks. Two of the eight holes intersected visible gold mineralization. Preliminary gold assays have been received for all the drill holes and significant drill results include: RDD001 0.5m @ 11.9 g/t gold from 47.2m; RDD002 1.0m @ 17.4 g/t gold from 15.5m; RDD003 3.4m @ 6.25 g/t gold from 20.1m; RDD006 1.4m @ 16.1 g/t gold from 63.2m and RDD008 0.5m @ 10.7 g/t gold from 43.0m.

Rugby Mining Limited Initiates Drilling at Great Northern Gold Project, Australia

Rugby Mining Limited announce that drilling has commenced at the Great Northern Gold Projectin the Pilbara region of Western Australia. Following Rugby's option to acquire 80% of the Great Northern Project, the company has moved quickly to demonstrate the potential of the project. Initial diamond drilling will be focused at the Berghaus prospect located ten kilometres north of Wingina where drilling by prior explorers was focused. The diamond drilling program will be followed by reverse circulation drilling of other early stage geochemical targets. The objective is to prioritise high grade gold targets on this very large property. The more advanced Wingina prospect will also require drilling at a future date. The company will first collate the existing database to best ensure that drilling is optimally sited to test potential depth extensions to the higher grade zone. Drilling costs are very reasonable in Western Australia and it is expected that the program will continue through May and June with results available in July.


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