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re: Ann: Exploration Update - Major Drill Pro... A little...

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  1. 81 Posts.
    re: Ann: Exploration Update - Major Drill Pro... A little interest off late. Current market capitalisation of around 7m.

    From today's announcement:

    "Rubicon has now completed a phase of intensive data compilation of historic exploration and reinterpretation
    of mineralisation controls over the project area, resulting in the identification of 48
    gold targets. Fourteen of these have been ranked as high priority, with the potential to host
    mineralisation of similar style to the Red October, Safari Bore, Butcher Well, Sunrise Dam and
    Wallaby gold mines located adjacent to Rubicons tenements (Figure 1). Many of these targets have
    had little previous effective drilling."

    They also have 4 joint ventures in the Yindarlgooda Project area with Integra Mining, St Barbara, Dominion & Empire Resources. They also have a strategic alliance with Vale Ltd a major shareholder and exploration partner at the Warburton Copper project.

    Cheers

    ASOC
 
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