Jan 8 2015
Rugby Mining Limited is pleased to announce preliminary gold results from recently completed drilling at the Great Northern Gold Project in the Pilbara region of Western Australia.
The program, comprising five drill holes for a total of 1,191 metres ("m"), was conducted at the Wingina prospect to test for depth extensions to the high grade footwall gold zone. Five reverse circulation / rotary pre-collared drill holes and four diamond drill tails were drilled. Unfortunately, due to excessive hole deviation and difficult ground conditions, only one hole (RWG002) was successfully drilled to the target depth.
Preliminary gold assays have been received for all the drill holes and include the following significant results:
- RWG002 61.5m @ 1.14 g/t gold from 196.4m*
- RWG003 1.0m @ 14.49 g/t gold from 255.3m
- RWG005A 10.0m @ 2.59 g/t gold from 266.0m and 3.0m @ 5.15 g/t gold from 301.0m
*assumed 3.4 metres of no core recovery assayed 0.0 g/t gold
Rugby's President and CEO, Paul Joyce stated "We are encouraged that our initial drilling on the Wingina prospect has shown a continuation of gold mineralisation at depths below the historical shallow oxide mineral resource (not compliant with National Instrument 43-101 ("NI 43-101")).
"Given the large size of the property at 714 km2, and the number of undrilled geophysical and geochemical targets, Rugby will focus on defining shallow oxide and underlying high grade deposits to supplement the historical (non-NI 43-101 compliant) Wingina gold resource.
"Magnetic anomalies in areas adjoining the known high grade gold mineralisation remain untested. One such target, the Crescent magnetic anomaly, is scheduled for follow up and geochemical sampling is underway to better define the potential target (Figure 1). With the number of shallow targets available for testing and difficult drilling conditions at Wingina, further deep drilling is not planned at this time."
Please click here for the drill hole location plan, a list of all drill intercepts above 1.0 g/t gold and table of drill hole details. All results are preliminary as assays are being verified with check samples to be assayed at another independent laboratory.
Rugby has an option to earn an 80% interest in the Great Northern Gold Project from Australian listed company, De Grey Mining Limited.
Quality Control and Assurance
Blanks and certified standards were inserted into the sample stream as part of Rugby's quality assurance and control program, as prescribed by NI 43-101 requirements. Core samples were cut in half-lengths using a diamond saw, with one half retained in secure storage for logging, and the other half sent to Genalysis Laboratory Services lab in Perth, Western Australia for mineral analyses.
All samples were prepared using Genalysis' SP66 method (drying, crushing, and pulverizing), and assaying for gold by Genalysis' FA50/OE04 technique in which a 50g charge was split from each sample for fire assay with an ICP-OES finish. Check-assaying is currently underway at ALS Laboratory Services, Perth. Both ALS and Genalysis are independent and ISO-9001:2000 certified laboratories with no association to Rugby. For more information on Quality Control and Assurance please click here.
Francisco Montes, Rugby's Chief Geologist and a "qualified person" ("QP") within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has verified the technical information that forms the basis for this news release.