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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