Rubicon Minerals Corporation is a well-funded, leading gold exploration company deriving its strength from a hands-on management team with a track record of discovery. Rubicon's focus is in highly prospective gold producing areas of North America. The Company owns over 100 square miles of prime exploration ground in the prolific Red Lake gold camp of Ontario, Canada, which hosts Goldcorp's high-grade, world class Red Lake Mine. At its flagship property, the 100%-owned Phoenix Gold Project, located in the heart of this producing camp, Rubicon has made a significant high-grade discovery which is aggressively being advanced. Through a transaction completed in May 2007, Rubicon acquired 380,800 acres of prospective exploration ground in Alaska in the area of the 5.6 million ounce Pogo deposit, as well as a 225,000 acre land package in northeast Nevada.

With an exceptional technical team, outstanding assets, a focus on gold camps in politically safe environments and a high profile in the capital markets, Rubicon Minerals has gained the reputation as a leading junior exploration company.

The Rubicon Advantage

•     Red Lake, Ontario - High-grade gold capital
•     Ontario - safe jurisdiction
•     Strong treasury
•     Owns 100% of Phoenix Gold Project - F2 Discovery
•     Also controls 100% of additional 100 sq. miles in Red Lake
•     Over 200,000 metres drilled to date
•     Underground now - opportunity to fast track

Date of Issue:  April, 2011

Phoenix Gold Project

A Significant High-Grade Gold Discovery at the F2 Gold Zone
"Aggressive Exploration on Several Projects - Led by Phoenix!"

100% Rubicon owned, in the heart of the Red Lake gold district
March, 2008 discovery of high-grade F2 Gold Zone
2008-11 continued outstanding drill results of high-grade gold (see tables below)
Shaft has been de-watered and deepened to 305 metres
Aggressive 27,000 metre delineation and 40,000 metre expansion drill programs in progress.

The Right Rocks

• Rubicon’s strategy in Red Lake is predicated on its control of major ultramafic trends.
• Ultramafic units are important because of the close empirical relationship in Red Lake between ultramafic rocks and gold deposits.
• 23 million ounces of gold produced from the Red Lake camp with more than 2 million ounces of gold produced from this trend of prospective rocks.

Senior Management & Directors

Rubicon's strength is its hands-on management team that has acquired an outstanding portfolio of quality gold projects in North America. David Adamson (President) and Matthew Wunder (VP-Exploration) have a proven discovery track record in the mineral exploration industry while Claude Bouchard (VP-Operations) has gained valuable experience as a mine builder. Bill Cavalluzzo (VP-Investor Relations) has been involved in financings for junior explorers totalling over $100 million. Glenn Kumoi, VP General Counsel and Corporate Secretary brings over 20 years experience in the practice of law, with 12 years experience of Canadian and international experience leading the legal function in public companies. Bob Lewis (CFO) is both a lawyer and CGA and has over 22 years experience with junior explorers and geological consulting firms.

Click to read Management Bios

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