Rubicon Minerals Corporation RMX:CA announced assays from the F2 Gold System of its Phoenix Gold Project in the Red Lake Gold District, Ontario. Results include 70.9 g/t over 3.5 metres (including 245 g/t over 1 metre), 1,351.8 g/t over 1.1 metres, 37.8 g/t over 3 metres (including 102 g/t over 1 metre), 50 g/t over 3.4 metres (including 160.5 g/t over 1 metre), 36.3 g/t over 2 metres (including 71.5 g/t over 1 metre) and 45 g/t over 2.1 metres (including 90 g/t over 1 metre).
President/CEO David Adamson commented, “These latest results continue to demonstrate both the very high hit ratio of holes drilled to date since discovery in 2008 as well as the continued presence of significant high-grade gold in newly-tested areas. Of particular note is the extension of the system south of the already large 9X target area, which bodes well for further expansion of the F2 Gold System.”
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by Ted Niles