Rubicon Minerals +5.2% on initial infill drilling program results


Rubicon Minerals (RBY) +5.2% premarket after reporting results for its infill drilling program continue to increase confidence in the F2 deposit at the Phoenix gold project in Ontario.

RBY says it plans to complete 38K meters of infill drilling in 2014, with the primary purpose of converting inferred mineral resource ounces to the drill indicated category; RBY says it has completed 39 holes for 7,047 meters of drilling from the program as of May 31.

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