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Boart Longyear lands Rubicon contract

Driller needed to up the ounces at Red Lake
Boart Longyear

Boart Longyear has been awarded the diamond drilling contract for Rubicon Mineral’s F2 gold deposit at its idled Phoenix Gold Project in Red Lake.

The international driller was chosen following a competitive bidding process.

Rubicon plans to complete 23,500 metres of orientated, diamond drilling in the deposit between the 366- and 854-metre levels of the mine.

The program begins with one drill in March followed by a second drill in April. Rubicon said it has re-logged 700 meters of drill core to-date.

Golder Associates have been at the northwestern Ontario site to assist with the verification of the core re-logging program and to begin the geological structural review process.

The Phoenix Gold project has been shuttered since late 2015. Rubicon was forced to halt its trial mining and underground development when the geology turned out to be more complex than originally thought.

Last fall was spent refinancing and restructuring the company. A new management team is conducting a review of the resource that will involve an extensive exploration program to get a handle on the project’s geological setting and gold resource.