Rubicon hit more bonanza grade gold

Rubicon Minerals Corp. reports it has intersected additional bonanza grade gold at its F2 Zone, Red Lake gold district of Ontario.

Previous drilling (see news releases dated May 5, 2008 through July 8, 2008), has identified significant zones of mineralization (the F2 Zone) including high-grade intercepts as outlined in Table 1. Bonanza grades in emerging North Zone.

 President and CEO of Rubicon, David Adamson states:

“Hole F2-29 is a spectacular intercept. This hole and others in the area appear to indicate the emergence of a new target zone which is characterized by appreciable high-grade gold mineralization. To date we recognize breccia zones, discrete high-grade structures and broader sulphide zones. We continue to see similarities with systems documented from the major Red Lake gold mines.”

For full details of this press release, click this link. Gold Investing News researchers discovered Rubicon’s Red Lake gold project described on their website. Follow developments in gold mining and exploration for free. Sign on to the Gold Investing Newsletter.