Rubicon Minerals Corporation is a well-funded, leading gold exploration company deriving its strength from a hands-on management team with a track record of discovery. Rubicon's focus is in highly prospective gold producing areas of North America. It owns over 65,000 acres of prime exploration ground in the prolific Red Lake gold camp of Ontario, Canada, which hosts Goldcorp's high-grade, world class Red Lake Mine. At its flagship property, the 100%-controlled Phoenix Gold Project, located in the heart of this producing camp, Rubicon has made a significant high-grade discovery which is aggressively being advanced with an 240,000 meter drill program. Through a transaction completed in May, 2007 with former Goldcorp Inc. Chairman and CEO, Rob McEwen, Rubicon acquired 380,800 acres of prospective exploration ground in Alaska in the area of the 5.6 million ounce Pogo deposit, as well as a 225,000 acre land package in northeast Nevada.