Rubicon plans 80,000-metre drill program at Phoenix

摘要

After intersecting mineralization in a number of stepout holes at its Phoenix gold project in Red Lake, Ont, Rubicon Minerals (RMX-T, RBY-X) is substantially expanding its exploration program. Scheduled to last 12 months, Rubicon is planning to drill 80,000 metres at Phoenix, both underground and from surface. One or two rigs will drill 20,000 metres from surface, while the remainder will be drilled from underground, starting with two rigs, then expanding to four.