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Rubicon Minerals Corp. (TSX:RMX,NYSEMKT:RBY) announced that it has finished a 38,000-meter infill drilling program from the 244-meter level at its F2 deposit, adding that it resulted in mineral discoveries within the deposit.
Rubicon Minerals Corp. (TSX:RMX,NYSEMKT:RBY) announced that it has finished a 38,000-meter infill drilling program from the 244-meter level at its F2 deposit, adding that it resulted in mineral discoveries within the deposit. They are to the north and south of the main zone.
In Q1 2015, the company will start a surface drilling program and perhaps extend F2 to the north.
As quoted in the press release:
The goal of the infill drilling program is to convert inferred mineral resource ounces in the upper part of the deposit to the indicated category at 25-metre drill spacing or less. Recent drilling focused on both the north and south ends of the F2 Deposit from the 244-metre exploration drift. Results from the infill drilling program confirm the Company’s expectations of the F2 deposit with respect to continuity of gold mineralization and grade. Furthermore, Rubicon continues to identify gold mineralization in gaps within the F2 Deposit that have been sparsely drilled, which could improve the continuity of the deposit.
The highlighted assay results (previously unpublished) include:
- 244L-154: 157.2 grams per tonne of gold (‘g/t Au’) over 1.5 m
- 244L-121: 31.3 g/t Au over 4.0 m (including 44.6 g/t over 3.0 m)
- 244L-100: 14.8 g/t Au over 5.1 m (including 43.3 g/t Au over 1.5 m)
- 244L-127: 47.3 g/t Au over 1.3 m
- 244L-164: 20.0 g/t Au over 2.4 m
- 244L-94A: 8.8 g/t Au over 1.7 m
Click here to read the full Rubicon Minerals Corp. (TSX:RMX,NYSEMKT:RBY) press release.