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Phoenix Gold Project
100% RUBICON MINERALS CONTROLLED IN THE HEART OF THE RED LAKE, ONTARIO GOLD DISTRICT
A SIGNIFICANT HIGH-GRADE GOLD DISCOVERY AT THE F2 ZONE
"Location, Location — The Rubicon Advantage!"
- March, 2008 discovery of high-grade F-2 Zone
- 2008-09 continued outstanding drill results of high-grade and bonanza grade gold (see table below)
- Decison made to de-water and deepen shaft for ~ 60,000 metre underground drill program.
- $25 million aggressive exploration program underway.
FOUR KILOMETRES OF PROSPECTIVE AND UNDER-EXPLORED GEOLOGY
"Right Rocks, Right Time, Right Place!"
- Documented Red Lake gold type deposit environment. Historically, very little of the four kilometre prospective ground had been explored
- Rubicon has systematically developed a geological and structural model of the Phoenix Gold Project to best target new areas
NEAR SURFACE GOLD ZONES DISCOVERED AT THE ISLAND ZONE
"Rubicon's Red Lake Model is working!"
- Island Zone discovered in 2004
- 67 drill intercepts form the zone average 10.66 g/t gold over 2.00 metres
- Zone is open to depth and along strike
- New near surface gold zones discovered in 2007, including the North Peninsula Target, the KZ Target and the West Mine Target
UTILIZING THE LATEST TECHNOLOGY
- Advanced technology (Titan24 Survey) utilized in 2008 can penetrate down to 800 metres and has identified gold system to depth
- "F2 ZoneGold system documented by drilling, 1100 metres below surface!"
- Major gold deposits in camp extend to 3,000 metres
AGGRESSIVE $25 MILLION, 12-MONTH EXPLORATION PROGRAM PLAN
"Aggressive exploration on several projects led by Phoenix"
- 23 million ounces of gold produced from the Red Lake campMore than 2 million ounces of gold has been produced from this trend of prospective rocks
Phoenix Gold Project,Red Lake - Analysts Tour May 08, 2008
Click here to view Presentation (PDF 1.85MB)
Click here to view Technical Presentation (PDF 4.30MB)
On May 8, 2008 Rubicon Minerals hosted analysts to tour the Phoenix Gold Project to review plans, sections and drill core from the F2 Zone gold discovery. View the May 2008 photo gallery below.
Any reference made to the Phoenix Gold Project "resource", according to Glenn Hogg, P.Eng. and QP, would be classified as an Inferred Mineral Resource under the standars of National Instrument 43-101 (see Rubicon's news releases dated June 24 and July 18, 2002 for more information on the property)
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Projects
Red Lake Properties
LATEST NEWS
PRESENTATIONS
ANALYSTS TOUR MAY 08, 2008
PHOTO GALLERY
TECH REPORTS
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