Rubicon tests Rivard

Vancouver — A first phase of drilling by Rubicon Minerals (RMX-V) at its recently acquired Rivard gold project in northwestern Ontario is investigating mineralization downdip of surface occurrences.

Situated in the Red Lake camp, the deposit is part of a regional land package under option to AngloGold (AU-N), which is carrying out its own, $1.8-million drill program.

Rubicon’s current program spans 1,800 metres.

“We are carrying out what appears to be the first systematic exploration of mineralization [on the property],” says Rubicon President David Adamson.

The project hosts trenched exposures containing quartz carbonate veins that bear coarse, visible gold. The veins range in size from 2 to 20 cm in width and are in an area that measures 500 by 100 metres. Individual veins can be traced up to 25 metres along strike, and all the veins occur near mineralized ultramafic rocks that have been identified over 600 metres along strike to the south on to the adjoining Advance RL property, also controlled by Rubicon and optioned to AngloGold.

Geological mapping, as well as ground and airborne geophysical surveys, was recently completed on the property.

Rubicon controls more than 247 sq. km of land holdings in the Red Lake camp. The junior also began drilling at its wholly controlled controlled McFinley project, in the same area.