Rubicon kicks off drill campaign at Rivard gold project

Vancouver — Rubicon Minerals (RMX-V) has recently commenced a 1,800-metre drill program at its recently acquired Rivard gold project in the Red Lake gold camp of Ontario.

Rubicon states that this Phase I drilling project is designed to investigate gold mineralization down-dip of currently known surface gold occurrences. The project is part of a large, regional package which is currently under option to AngloGold (AU-N). The drill program at Rivard is in addition to a $1.8-million, drill-intensive exploration plan that will be funded by AngloGold.

“We are looking forward to carrying out what appears to be the first systematic exploration of the potential of known mineralization in this Phase I drilling program,” said David Adamson, president of Rubicon.

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

Rubicon states that geological mapping, as well as ground and airborne geophysical surveys were recently completed over the property. Rubicon controls over 247 sq. km of land holdings in the Red Lake gold camp of Ontario. The junior also recently kicked off a drill program at the company’s 100% controlled McFinley project, also in the Red Lake area.