Rugby Mining (TSE:RUG) has released an update.
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Rugby Mining has received environmental approval to proceed with a 28-hole drilling program at the El Zanjon Project in Santa Cruz, Argentina, after securing water supplies for drilling. The region is known for its Jurassic age volcanic rocks hosting substantial gold-silver systems, and initial ground magnetics and geochemistry suggest significant gold-silver targets within the area. The company is optimistic about Zanjon’s potential to become a large, mineralized vein field.
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