DMC Project

CONTROL OF 8 KILOMETRES OF NEWLY IDENTIFIED, PROSPECTIVE ULTRAMAFIC/MAFIC ROCKS

• Property is situated at the junction of the Mine Trend (host to the World Class Campbell and Red Lake Mines) and the Post Narrows Trend (host to the Cochenour mine), immediately adjacent to Rubicon's McCuaig JV
• Currently optioned to Agnico Eagle Mines Ltd which must spend $2.25MM to earn an initial 51% interest

NEW GOLD ZONES DISCOVERED

• Previously interpreted to be in the 'wrong rocks' in government maps and reports, exploration by Rubicon recognized that these were, in fact, highly altered Balmer volcanic rocks. Elsewhere in the Red Lake camp, these rocks host the major gold deposits
• Application of Rubicon's Red Lake model identified new target areas leading to gold being documented in a number of target areas
• Extensive parts of the property undrilled - including the property adjacent to the McCuaig JV