Rubicon Intersects 136.5 g/t Gold Over 4 Meters at Phoenix Project

Rubicon Minerals Corp. (TSX:RMX,NYSEMKT:RBY) announced further results from the 38,000-meter infill drilling program currently taking place at the F2 deposit of its Ontario-based Phoenix gold project.

As quoted in the press release:

The Company has completed a total of 124 holes for 21,983 metres (‘m’) of drilling from its 38,000-m infill drilling program to-date. Since 2002, Rubicon has completed 377,594 m of drilling on the F2 Deposit. 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-m drill spacings or less. Results from the infill drilling program (from both surface and underground drilling) continue to confirm the Company’s expectations of the F2 deposit with respect to continuity of gold mineralization and grade. Rubicon continues to encounter potential economic intercepts within previously anticipated gaps in the mineral resource. In addition, the Company has intersected visible gold with significant grade in an area that has been sparsely drilled and located approximately 150 m from the exploration drift at the 244-metre level.

Drill highlights include:

• 244L-69: 136.5 grams of gold per tonne (‘g/t Au’) over 4.0 m
• 244L-83: 61.2 g/t Au over 2.6 m
• 244L-63: 34.8 g/t Au over 2.5 m
• 244L-39: 20.6 g/t Au over 5.0 m (including 32.7 g/t Au over 3.0 m)

Click here to read the full Rubicon Minerals Corp. (TSX:RMX,NYSEMKT:RBY) press release.