RUG Rugby Resources Ltd

Rugby Mining Limited ("Rugby" or the "Company") (TSX VENTURE:RUG)
(FRANKFURT:7RM.F) is pleased to report that it has commenced drilling at the
Interceptor Gold-Copper Porphyry Project located in Catamarca Province,
Argentina. The 2,000 metre ("m") diamond drilling program will test a porphyry
system defined by a gold-copper geochemical anomaly that is coincident with a
large scale geophysical target.


The Interceptor Project ("Interceptor") is located approximately 100 kilometres
("km") east of the renowned Maricunga gold belt in Chile. The district includes
the Maricunga and La Coipa gold mines and the very large Cerro Casale and
Caspiche gold-copper projects. The Alumbrera Mine and the Agua Rica deposits are
150km northeast of the property. Road access to the project is good, occurring
within 10km of the sealed main road linking Chile to Argentina (Route 60) and
the nearby town of Fiambala.


To view the figures associated with this release, please visit the following
link: http://media3.marketwire.com/docs/1114rug_figs.pdf


Click here for pictures of the drill rig preparing for the first drill hole at
Interceptor: http://www.rugbymining.com/gallery/interceptor_gallery.php 


Trenching at Interceptor by Newcrest Mining Ltd. in 1997 identified gold-copper
mineralization in a sediment-hosted intrusive complex. That trenching exposed
secondary copper mineralization associated with an altered hornblende-dacite
porphyry intrusive in a zone up to 100m wide. Gravel cover and overlying
sediments obscure the extent of potential mineralization. No previous drilling
was conducted to test the system at depth.


A recent geophysical survey conducted for the Company defined a coincident
resistivity and a 1,600m wide chargeability anomaly that is open both north and
south (Figure 2). The initial drilling focus is a low resistivity feature which
may be associated with a more intensely altered and mineralized portion of the
intrusive system, interpreted to potentially extend to a depth of +1,000m. Three
drill holes are planned to test this large target.


To view the figures associated with this release, please visit the following
link: http://media3.marketwire.com/docs/1114rug_figs.pdf


Paul Joyce, the Company's CEO stated, "The commencement of drilling on the
Interceptor Porphyry target is an important milestone for Rugby. The system
appears to have very significant dimensions and thus represents a "company
maker" opportunity for us. We anticipate initial drill assays from Interceptor
will be reported in early 2012." 


Francisco Montes, a "qualified person" within the definition of that term in NI
43-101, has supervised the preparation of the technical information contained in
this news release.


About Rugby

Rugby, with a treasury of CDN $5 million, is an emerging mineral resource
company exploring for gold, silver and base metals. The management team has a
track record in the successful identification, acquisition, exploration and
development of international mining projects.


Interceptor Project, Argentina: Rugby has an option to acquire 100% of the
Interceptor porphyry gold-copper project in mining friendly Catamarca Province.
The property is located near the Maricunga gold belt of Chile, an established
mining district which hosts significant operating gold mines and advanced stage
porphyry projects. Interceptor is "drill ready" with large scale targets defined
by geochemical and geophysical surveys. Drilling is underway.


Mabuhay Project, Philippines: The Company has an option to acquire up to an 80%
interest in the Mabuhay Project in mining friendly Surigao Province. The Company
considers the project has excellent potential for the discovery of both
gold-copper porphyry and epithermal type gold deposits. The property includes
the former Mindanao Mother Lode Mine, a high-grade epithermal vein style gold
mine that is estimated to have produced approximately 500,000 ounces of gold in
the period 1937 to 1953. The Mother Lode Mine was one of the Philippines'
highest grade gold producers.


Comita Project, Colombia: Rugby has an option to earn up to a 60% interest in
Comita, a porphyry copper-gold project in the western cordillera of Colombia.
The Comita project was recognised as a porphyry system during a joint
German-Colombian government sponsored exploration program over 20 years ago. No
systematic exploration has been conducted since that time. Rugby recently
completed a 555 line km helicopter-borne geophysical magnetic and radiometric
survey over the project area. The survey will assist in designing the 2012
drilling program.


Hawkwood Project, Australia: Rugby has an option to acquire up to a 90% interest
in the Hawkwood project which covers 427 km2 of prospective copper-gold and iron
tenements in Queensland. In January 2010, the Company entered into an agreement
with Eastern Iron Limited wherein that company can earn up to an 80% ownership
of iron ore targets in the area. To date Eastern Iron has conducted several
geophysical surveys and a drilling program. 


Rugby recently completed a geochemical sampling and reconnaissance program at
the Mary Elizabeth prospect located within a 229 km2 area excluded from the
Eastern Iron agreement.


For additional information you are invited to visit the Rugby Mining Limited
website at www.rugbymining.com.


RUGBY MINING LIMITED

Paul Joyce, President and CEO

CAUTIONARY STATEMENT

Certain of the statements made and information contained herein is
"forward-looking information" within the meaning of the British Colombia,
Alberta and Ontario Securities Acts. This includes statements concerning the
Company's plans at its projects, which involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance
or achievements of the Company, or industry results, to be materially different
from any future results, performance or achievements expressed or implied by
such forward-looking information. Forward-looking information is subject to a
variety of risks and uncertainties which could cause actual events or results to
differ from those reflected in the forward-looking information, including,
without limitation, the effect on prices of major mineral commodities such as
copper, gold and iron by factors beyond the control of the Company; events which
cannot be accurately predicted such as political and economic instability,
terrorism, environmental factors and changes in government regulations and
taxes; the shortage of personnel with the requisite knowledge and skills to
design and execute exploration programs; difficulties in arranging contracts for
drilling and other exploration services; the Company's dependency on equity
market financings to fund its exploration programs and maintain its mineral
exploration properties in good standing; political risk that a government will
change, interpret or enforce mineral tenure, environmental regulations, taxes or
mineral royalties in a manner that could have an adverse effect on the Company's
assets or financial condition and impair its ability to advance its mineral
exploration projects or raise further funds for exploration; risks associated
with title to resource properties due to the difficulties of determining the
validity of certain claims as well as the potential for problems arising from
the interpretation of laws regarding ownership of mineral tenures in the
Philippines and in the sometimes ambiguous conveyancing characteristic of many
resource properties, currency risks associated with foreign operations, the
timing for obtaining permits to conduct exploration activities, the ability to
conclude agreements with local communities and other risks and uncertainties,
including those described in each of the Company's management discussion and
analysis including those contained in its year-end financial statements for the
year ended February 28, 2011 filed with the Canadian Securities Administrators
and available at www.sedar.com. 

In addition, forward-looking information is based on various assumptions
including, without limitation, assumptions associated with exploration results
and costs and the availability of materials and skilled labour. Should one or
more of these risks and uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those
described in forward-looking statements. Accordingly, readers are advised not to
place undue reliance on forward-looking information. Except as required under
applicable securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information, whether as a result of
new information, future events or otherwise.

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