Region - McCuaig Project
(60% Rubicon / 40% Golden Tag Resources)
"Location, Location — The Rubicon Advantage!"
SITUATED ON PROLIFIC RED LAKE MINE TREND
- More than 25 million ounces of gold has been produced from this trend of prospective rocks
"The best place to find gold is near a mine."
ADJACENT TO FORMER 650,000+ OZ PRODUCER
- Former McKenzie mine property is immediately adjacent to the east
- Mine produced 651,156 ounces of gold between 1935 and 1966, with an average grade of 0.28 oz/t gold
"More gold being found around our boundaries!"
ADJACENT TO GOLD EAGLE PROPERTY - SITE OF NEW DISCOVERY IN 2005
- Gold Eagle Mines was acquired by Goldcorp in 2008 for $1.3 billion - an example of how discovery in Red Lake creates shareholder value
"Wide open for follow up !"
NEW GOLD ZONE DISCOVERED IN 2007
- Significant gold values intersected in first ever drill test
- Possible extension of former mine structure to the east
- Unlike McKenzie mine, gold is developed in Balmer volcanic rocks which are host to all the major deposits in the district
- Gold developed within a 20 metre wide, structural corridor. The intensity of the alteration and pervasive veining suggests the presence of a very robust gold system
- During Q1/2010, Titan 24 survey was completed in conjunction with surveys completed over the adjacent DMC Property.
Due to the Company's focus on developing the Phoenix Gold Project, exploration on this property has been temporarily put on hold. The Company considers this and other Red Lake projects to be of strategic importance for future exploration and plans to carry out compilation programs to identify targets for future exploration programs.
Date of Issue: December, 2011