Rugby Resources Ltd. report that recent sampling on the Cobrasco East Porphyry has yielded significant copper, gold and silver values in outcrop and float samples. The discovery is located approximately 2 kilometres (?km?) east southeast of the Cobrasco Central drilling area in Colombia. Mapping indicates the new porphyry has a surface area of approximately 2 km2.

Rugby?s exploration indicates a marked porphyry corridor extending NW-SE along the margins of the Mande Batholith, with multiple porphyry centres extending along and peripheral to the contacts. These porphyry centres have been partially defined by three methods: soil and rock geochemistry, magnetic lows interpreted to have resulted from magnetite destruction by the invading copper-rich fluids, and thirdly by potassium anomalies delineated by the Company?s airborne magnetic-radiometric surveys. The Company field team is currently exploring another potential discovery referred to as the Cobrasco North target.

Detailed geological mapping and infill sampling on that copper-molybdenum anomaly is being based out of the Cobrasco base camp. Further follow-up work is also planned for the Cobrasco South zone, another interpreted porphyry centre separated from the main Cobrasco mineralising system. Future drill testing of these discoveries will be warranted.

Rugby?s sampling techniques and data management are conducted to industry standards. Sample assay results have been monitored through a quality control/quality assurance (?QA/QC?) program that includes the insertion of blind certified reference materials (?standards?), blanks and duplicate samples. All samples are securely transported to ALS Minerals (ALS) facility in Medellin, Colombia where all sample preparation is completed.

Sample pulps are forwarded to ALS? regional hub in Lima, Peru where all analytical work is conducted. All surface samples (rock chip and soil samples) are assayed for gold by fire assay of a 30-gram charge with AAS finish (method Au-AA23) and 48 element ultra-trace level detection by four acid digestion with ICP-AES/ICP-MS finish (method ME-MS61).

Overlimits or ore grade elements are assayed by four-acid digestion with ICP-AES finish (method OG62). Stream sediment samples are sieved to -80 mesh (177 microns) and assayed for gold by fire assay and ICP-AES (method Au-ICP21), with the multi-element analyses completed by four acid digestion of the -80 mesh fraction with ICP-MS finish (method ME-MS61m). ALS is independent of Rugby and is certified to ISO 9001 & 17025 by IQNet and ?Standards Council of Canada?

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