Rugby Resources Limited Discovers New Copper Molybdenum Porphyry In Western Colombia Click Here For Information------------
Rugby Resources Limited Discovers New Copper Molybdenum Porphyry In Western Colombia Click Here For Information------------
Rugby Resources Ltd. is evolving to search for minerals that can help meet future generation’s living needs. We undertake comprehensive studies to ensure our activities are harmonious with the environment and communities in the areas where we are exploring. Our skill set is specific to exploration and excludes taking discoveries to a mining stage.
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Copper for a Sustainable Future:
Demand for copper is increasing as the world transitions away from carbon-based infrastructure to electric vehicles and renewable power like solar panels and wind turbines.
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Mineral Resources:
Rugby Resources Limited searches for minerals that can help meet the living needs of future generations. Our skill set is specific to exploration and excludes taking discoveries to a mining stage.
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The Copper Shortfall:
New copper sources are essential for transition to alternative energy. Existing copper resources are insufficient to meet the demand required for a greener future.
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A Potential Copper Source:
Rugby Resources has evolved to make copper exploration our priority. This is a response to an urgent need to develop new sources of copper for transitioning toward clean energy alternatives.
Copper for a Sustainable Future
The United Nations Sustainable Development Agenda is asking countries to accelerate the transition to an affordable, reliable, and sustainable energy system by investing in renewable energy resources, prioritizing energy efficient practices, and adopting clean energy technologies. Demand for copper is increasing as the world transitions away from carbon-based infrastructure to electric vehicles and renewable power like solar panels and wind turbines. The typical battery-powered electric vehicle requires approximately four times more copper than a conventional internal combustion engine vehicle. Copper helped usher in modern civilization thousands of years ago and has been contributing to the advancement of humankind ever since. It is affordable, adaptable, and ever present – an essential and necessary part of modern life today and tomorrow. Copper is an essential component in computers, servers, tablets, and smartphones that keep people connected.
Mineral Resources
Rugby Resources Limited searches for minerals that can help meet the needs of future generations. New copper resources are essential for transitioning to alternative energies. We undertake comprehensive studies to ensure our activities are harmonious with the environment and communities in the areas where we are exploring. Our skill set is specific to exploration and excludes taking discoveries to a mining stage. Defining a mineral resource requires determining the quality and quantity of minerals present along with extensive research into protection of the natural environment and communities where the resource is discovered. The purpose of all these studies is so that in the future governments and communities can make informed decisions on a possible project based on facts.
The Imminent Copper Shortage
The timeline from outlining a copper resource to the production of copper metal is a long one. Extensive environmental and social assessment and review procedures involve interdisciplinary cooperation between a company and government agencies. It is estimated that the existing copper resources combined with the known resources from recent copper discoveries will be insufficient for future alternative energy the transition away from fossil fuels. For a successful transition away from carbon-based energy new sources of copper are required.
Cobrasco - a Potential Future Source for Copper
Rugby Resources has evolved to make copper exploration our priority. This is a response to an urgent need to develop new sources of copper to enable a transition toward clean energy sources. In Colombia, Rugby Resources is developing a team with the precise skills needed to outline new copper resources. The Cobrasco Project has the potential to contain a significant copper resource, similar in scale and importance to those in Chile and Peru.
Cobrasco is a large-scale copper-molybdenum accumulation located in the western cordillera of Colombia. There has been almost no exploration conducted since the 1980’s when stream and rock sampling identified potential for a significant copper accumulation. Rugby is conducting environmental and social studies, geochemistry, and geophysics with the goal of evaluating the mineral occurrence through subsurface exploration to determine the copper resource potential.
The discovery of copper resources in Colombia will advance the countries goal to participate in the global transition toward a cleaner and greener future.
Paul Joyce, Director & COO and a “qualified person” within the definition of that term in NI 43-101, has supervised the preparation of the technical information contained on this presentation. Some of the information presented is historical in nature and the Company will be required to do further assessment of this data. Certain information contained herein can be considered forward looking. Read the Cautionary Statement.