GEORGE ALBINO, MACQUARIE CAPITAL (03/10/2010)
"Rubicon released assay result from its latest run of drilling. The drill results add to the company's understanding of its F2 gold system mineralization and extents in Red Lake, Ontario.
The company has highlighted two holes in the Southern Extension Area—hole 122-45B returned results of 9.3g/t of gold over 12.7m. This hole—in combination with previous drill results for the bounds of a significant target, which the company estimates has a strike length of 230m and extends 358m deep—is open along the strike and at depth.
In the central area of the deposit, hole 122-43 intersected 23.1g/t of gold over 3.5m and further indicates that there are high grades below where the F2 drilling has currently focused.
Hole F2-85 returned 4.5g/t of gold over 17.—this hole runs parallel to the core and to the west."
For more independent commentary, click here: Rubicon Minerals Corp. NYSE.A:RBY; TSX:RMX