Rubicon Holds One of Nevada’s Largest Land Positions, Controlling 225,000 acres in the area of the Long Canyon discovery, acquired by Newmont in 2011. The land position also extends into Box Elder County, Utah (608 acres).

• Extensive property package in the area of the Long Canyon discovery.
• Long Canyon is the target environment.
• Southern Snake Mountains - Carlin Model.
• Look at synergies in region for prospective bulk mineable gold discoveries.
• Regional airborn and reconnaissance mapping completed.
• Fee simple rights owned.
• Due to the F2 Gold discovery, exploration in Nevada has been reduced. 

On June 23, 2011, the Company entered into an agreement with West Kirkland Mining Inc. (“West Kirkland”) whereby West Kirkland can earn a majority interest in all the mineral rights held by Rubicon in Nevada - Utah, covering approximately 351 square miles (909 square kilometers) along the Long Canyon Trend of north eastern Nevada. West Kirkland can earn 51% of the Company’s interest in the Company’s 100% owned lands, 68% of the Company’s interest in the Company’s 75% owned lands and 60% of the Company’s interest in the Company’s less than 75% owned lands by expending US$15 million over a four year period. West Kirkland is committed to make minimum expenditures of US$2 million in the first year. On the properties where Rubicon owns a 100% interest, West Kirkland can further increase its interest to 60% by completing a pre-feasibility study or spending an additional US$4 million on exploration and development work.

Date of Issue:  December, 2011