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Rubicon, Wolfden drill for gold on East Bay property.


Rubicon Rubicon (r`bĭkŏn), Lat. Rubico, small stream that flows into the Adriatic and in Roman times marked the boundary between Cisalpine Gaul and ancient Italy. In 49 B.C.  Minerals Corp. and Wolfden Resources have commenced a 4,500-metre drill program on its East Bay property searching for gold potential. The East Bay property is adjacent and down-dip from the Wolfden-Placer property where a 16,000-metre drill program is underway on the GAZ GAZ Gazette
GAZ Gorkovsky Avtomobilny Zavod (Gorky) 
 zone.

"We are embarking on over 14,000 metres of drilling at Red Lake, including follow up of promising gold environments, which we have discovered and drill testing adjacent to other significant discoveries made in the camp in recent years at East Bay and Sidace Lake," says Rubicon CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  David Adamson.

Rubicon is also starting a 5,000-metre drill program on its wholly-owned McFinley project, targeting a four-kilometre-long gold-bearing ultramafic rock Ultramafic (or ultrabasic) rocks are igneous and meta-igneous rocks with very low silica content (less than 45%), generally >18% MgO, high FeO, low potassium, and are composed of usually greater than 90% mafic minerals (dark colored, high magnesium and iron content).  under Red Lake.
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Title Annotation:In Brief
Publication:Northern Ontario Business
Article Type:Brief Article
Geographic Code:1CANA
Date:Mar 1, 2004
Words:119
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