ONTARIO – Battle North Gold, previously Rubicon Minerals, has released an updated resource estimate for its flagship Bateman gold project (formerly known as Phoenix), which grows the measured and indicated tonnes by 18% with no major changes in grade. The…
TORONTO – Rubicon Minerals has announced an $8 million flow-through bought deal, upsized from $6 million previously, led by Cormark Securities. Rubicon will now issue 5.6 million common shares at $1.43 per share with the underwriters having the option to…
ONTARIO – Rubicon Minerals has released the results of infill drilling and provided an update on its plans for the Phoenix project. While infill work focused on upgrading resources between the 976 metre and 1,098 metre levels was completed in…
RED LAKE – Rubicon Minerals has released updated resources for its Phoenix gold project with 811,000 oz. of gold in the measured and indicated category and 464,000 inferred oz. The update features 3.9 million measured and indicated tonnes at 6.45 g/t…
Four years after its trial mining failure, a new PEA shows a path to revival for Phoenix
ONTARIO — Several years after Rubicon Minerals was forced to shut down trial mining at its Phoenix gold mine in Red Lake, Ont., when it realized its geological model was faulty, the company has released a new preliminary economic…
ONTARIO – Toronto-based Rubicon Minerals Corp. continues to advance its Phoenix gold project near Red Lake as it prepares to release a preliminary economic assessment in Q3 2018. The trial mining and bulk sampling program completed in 2018 will provide…
ONTARIO – Rubicon Minerals Corp. of Toronto continues to successfully drill the Phoenix gold project near Red Lake. For its efforts, the company says it is encouraged by the latest results. Rubicon president and CEO George Ogilvie said the drill…
ONTARIO – Toronto-based Rubicon Minerals Corp., buoyed by the results of its bulk sampling program last November, is making plans for its Phoenix gold project in the Red Lake district. The company’s 2019 exploration objectives are three-fold. First, produce a…
ONTARIO – A bulk sampling and test mining exercise at Rubicon Minerals Phoenix gold project has yielded positive reconciliation results that validate the 2018 mineral resource estimate as well as the new geological model and structural interpretation of the F2 deposit, the…
ONTARIO – Toronto-based Rubicon Minerals Corp. has completed test mining and bulk sample processing at the Phoenix gold project in the Red Lake district. More than 35,000 tonnes of material was extracted from three test stopes and pre-developed stopes in…
ONTARIO – Rubicon Minerals Corp. of Toronto has begun processing the bulk sample from test mining at the F2 deposit at the Phoenix gold project in the Red Lake district. Between 25,000 and 30,000 tonnes of material will be processed…