CEO Vision & Strategy

Long-Term Vision: To potentially build a mid-tier gold Company over the next 5 to 7 years 

ADVANCE THE PHOENIX GOLD PROJECT TO COMMERCIAL PRODUCTION: Continue to grow M&I Resources and Deliver a Robust Feasibility Study

DEMONSTRATE ORGANIC GROWTH IN RED LAKE: Evaluate and explore McFinley, Close Proximity Targets, and Regional Red Lake Properties

EVALUATE & EXECUTE ON BIG PICTURE OPPORTUNITIES TO DELIVER SHAREHOLDER VALUE

Strategy for 2020:

Based on the 2020 Mineral Resource Estimate of greater than 800,000 ounces of gold in the Measured and Indicated categories, the Company believes that the Project has a sufficiently well-defined mineral resource base on which to commence mine planning and additional engineering work to determine the Project’s commercial viability. Rubicon has accordingly initiated a Feasibility Study on the Project, with the completion anticipated in H2/2020. The Company had previously already commenced feasibility work on upgrading its surface infrastructure.