Welcome to our dedicated page for Rugby Resources news (Ticker: RBMNF), a resource for investors and traders seeking the latest updates and insights on Rugby Resources stock.
The RBMNF news stream provides historical coverage of Rugby Resources Ltd., an exploration company that reported discovery-stage work on copper, gold and silver projects in several jurisdictions. Company news releases describe a portfolio that included the Cobrasco copper-molybdenum porphyry project in Colombia, the Mantau iron oxide-copper-gold project in Chile, and the El Zanjon and Venidero gold-silver projects in Argentina, as well as a joint venture interest in the Georgetown copper-gold project in Australia.
Earlier announcements focus on exploration updates, such as drilling and surface sampling at Cobrasco, where Rugby reported long intervals of copper and molybdenum mineralization and later identified additional porphyry occurrences at Cobrasco East and in the northeast of the concession. Other releases discuss geophysical surveys, geochemical sampling and target definition at El Zanjon and Venidero in Santa Cruz Province, and joint venture work at Georgetown where Rugby’s partner EMU NL reported visible gold and high-grade copper assays.
More recent news is centred on corporate developments. A February 19, 2025 release outlines a binding letter agreement for Pampa Metals Corporation to acquire all Rugby shares, and a July 17, 2025 release reports Rugby shareholder approval of the arrangement. A July 25, 2025 news release then announces completion of the acquisition of Rugby by Pampa Metals under a court-approved plan of arrangement, the planned delisting of Rugby shares from the TSX Venture Exchange, and the creation of Aegis Resources Ltd. to hold specified Rugby assets.
Investors and researchers can use this news archive to trace Rugby’s exploration narrative, from early-stage project work through to the corporate transaction with Pampa Metals and the associated asset spinout to Aegis Resources. The articles illustrate how the company described its technical results, project pipeline and strategic rationale for combining with a broader South American copper exploration platform.
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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.
Rugby Resources has revealed results from the second drill hole, CDH002, at its Cobrasco copper-molybdenum project in Colombia. The drill hole intersected 172m of 0.78% CuEq within a broader 754m of 0.50% CuEq. This follows previous results from CDH001, which showed 82m at 1.00% CuEq. Rugby plans to continue drilling CDH003, which has already encountered copper-molybdenum mineralization at 300.6m depth and aims for a total depth of 1,300m. The company emphasizes the potential for a world-class porphyry system and is committed to high environmental standards and local community engagement.
Rugby Resources Ltd. has updated stakeholders on its Cobrasco copper-molybdenum discovery in Colombia. The company commenced drilling in August 2022 but has paused operations due to high helicopter costs and challenging capital markets. Rugby is seeking a strategic investor for funding, with drilling anticipated to resume in late Q1 2023. Assay results for drill holes CDH002 and CDH003 are expected in January 2023. The project manager expressed confidence in strong mineralization, indicating potential for significant discoveries in the area.