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Phoenix Gold Project
100% RUBICON CONTROLLED IN THE HEART OF THE RED LAKE GOLD DISTRICT
"Location, Location — The Rubicon Advantage!"
- Acquired in 2002, prior to which the property was in receivership
- Project was unexplored during Red Lake's "renaissance" — the High Grade Gold Discovery in 1995-2000
- Rubicon acquired property in a competitive bidding environment
- Historical inferred resource of 334,007 tons at 0.20 oz/ton gold, to a depth of 120 metres. (see Technical Report 43-101 dated May 12, 2003)
FOUR KILOMETRES OF PROSPECTIVE GEOLOGY
"Right Rocks, Right Time, Right Place!"
- Documented Red Lake 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 project to best target new areas
NEAR SURFACE GOLD ZONES DISCOVERED
"Rubicon's Red Lake Model is working!"
- Phoenix Zone discovered 1.1 kilometres north of previous work
- 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
FIRST TEST OF SUB 350 METRES DISCOVERS GOLD
"Phoenix Gold system documented 1200 metres below surface!"
- First ever test of moderate depths (below 350 metres) identifies gold system present to depth
- Gold documented in hole DF-07-01 at 1200 metres — more than 2 times the height of the CN Tower
- Major deposits in camp extend to 3,000 metres
ACTIVE EXPLORATION PROGRAM PLAN FOR 2008
"Active, aggressive exploration on several projects led by Phoenix"
- More than 2 million ounces of gold has been produced from this trend of prospective rocks
Analysts Tour May 08, 2008
Click here to view Presentation (PDF 2.84MB)
Click here to view Technical Presentation (PDF 4.30MB)
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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ANALYSTS TOUR MAY 08, 2008
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