Monday 24th October 2016

Resource Clips

Rubicon reports Ontario Phoenix gold assays as high as 152.4 g/t over 1.5m

Resource Clips - essential news on junior gold mining and junior silver mining Rubicon Minerals Corp TSX:RMX announced drill results from its Phoenix Gold Project in the Red Lake gold district of Ontario. Assays include

156.9 g/t gold over 1.7 metres (including 221.6 g/t over 1.2 metres)
152.4 g/t over 1.5 metres (including 437.8 g/t over 0.5 metres)
8 g/t over 5.5 metres (including 44.7 g/t over 0.5 metres)
8.2 g/t over 12.8 metres (including 30.6 g/t over 2 metres)
28.8 g/t over 5.0 metres (including 135 g/t over 0.9 metres)
4.1 g/t over 17.4 metres (including 21.4 g/t over 1 metre)
33.6 g/t gold over 3.0 metres

President/CEO David Adamson remarked, “These results continue to build upon those released March 29, 2012. Our infill drilling near surface to date has been successful and has added to our geological confidence in these areas as well as identifying extensions to known zones. Drilling of expansion target areas continues.”

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Bill Cavalluzzo
VP Investor Relations

by Dennis Dale

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