For thousands of other reports visit RSC's Mineral Intellingence Map
Rubicon Minerals Corp.
Summary
| Project: | Phoenix | |
|---|---|---|
| Deposit: | Phoenix | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/13/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-5-2020: Rubicon Minerals Corp. announces an Exploration/Drilling Update report for its Phoenix deposit at the Phoenix project. Drilling results incl. 4m @ 130.6g/t Au from 966m. Rubicon President and Chief Executive Officer George Ogilvie, P.Eng., stat | |
| Resources: | ||
| CP/QP: | [Overall Report]: Michael Willett, Isaac Oduro (Internal) | |
| ABSTRACT: | Rubicon President and Chief Executive Officer George Ogilvie, P.Eng., stated, “The significant high-grade intersection of 130.60 g/t Au over 4.00 m core length at a vertical depth of 962 m at the Phoenix Gold Project’s F2 Gold Zone confirms key structural corridors in our geological model that contain mineralization. More importantly, our successful orientated infill drilling program gives us confidence that our Measured and Indicated Mineral Resource estimate will expand and can potentially extend the mine plan in the anticipated Feasibility Study. Feasibility work on the Phoenix Gold Project is progressing well, with more than 59% of the work completed. The Feasibility Study remains on schedule for delivery in the second half of this year.” “We encountered mineralization between the 976 m and 1,098 m Levels in areas where we needed more orientated drilling data, which we believe increases the probability of converting a portion of the current Inferred Mineral Resource estimate to the Measured and Indicated categories. The potential incremental Measured and Indicated Mineral Resource estimates could be added to the planned Feasibility Study mine plan.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report