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.