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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (3485)9/22/2014 7:49:44 AM
From: Goose94Read Replies (1) of 203515
 
Rugby Mining (RUG-V) Sept 22, '14 is pleased to announce 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 (" Figure 1").Rugby's CEO, Paul Joyce stated "Wingina is the top priority prospect at our Great Northern Gold Project. We can now move quickly to drill test a potential depth extension to a high-grade gold zone (" Figure 2"). Both the structural setting and the host rocks are considered favourable for such an extension to significant depth. The initial drilling program will comprise four pre-collared diamond drill holes.

"In addition to testing the continuity of the high grade footwall gold zone, this program will assist in upgrading the historical mineral resource at Wingina to NI 43-101 requirements. The program is expected to commence in early October, 2014 with results anticipated in November and December."

Cobrasco Update

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.

Cisco Montes, the Company's Chief Geologist and a "qualified person" within the definition of that term in NI 43-101, has supervised the preparation of the technical information contained in this news release.
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