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Gold/Mining/Energy : Rubicon Minerals

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To: Enigma who wrote (210)5/15/2003 9:21:22 PM
From: Joey Two-Cents   of 470
 
--------------------------------------------------------------------
HOLE ID LOCATION DIP/AZ Length From To
(ft) (ft) (ft)
--------------------------------------------------------------------
MAC-1 TARGET
------------
(i)MF-03-16 12340N / 8716E -45 / 58 1148 66.93 68.08
68.08 69.06
297.74 299.70
299.70 300.69
300.69 302.00
304.30 307.25
536.09 538.06
538.06 540.03
606.96 607.94
626.97 628.44
699.48 702.76
1057.25 1058.89
--------------------------------------------------------------------
MF-03-41 12283N / 8680E -55 / 58 1276 46.92 48.56
110.56 111.88
295.60 296.75
296.75 298.88
571.19 573.16
869.09 870.08
--------------------------------------------------------------------
(i) MF-03-30A 11955N / 9070E -55 / 53 1069 108.27 109.25
133.86 134.84
307.41 308.40
308.40 309.94
389.44 390.75
529.86 530.84
704.40 705.38
789.70 791.01
864.50 866.14
--------------------------------------------------------------------
MF-03-34 12034N / 9175E -70 / 53 347 161.09 162.73
166.01 167.32
167.32 168.64
168.64 171.92
230.64 232.28
232.28 233.60
233.60 236.38
237.37 238.25
--------------------------------------------------------------------
MF-03-36 12034N / 9175E -53 / 58 351 114.17 115.16
150.92 153.22
153.22 154.86
203.08 204.56
257.55 259.19
282.15 283.14
--------------------------------------------------------------------
(i)MF-03-19 11476N / 9493E -45 / 58 577 171.75 173.06
225.23 226.21
233.43 234.58
293.80 294.78
372.05 373.36
--------------------------------------------------------------------
Note: Reported widths at MAC-1 are interpreted to be approximate
true widths
--------------------------------------------------------------------
MAC-2 TARGET
------------
(i)MF-03-21 9200N / 9700E -85 / 88 1407 296.59 298.29
693.64 696.92
726.28 728.22
756.82 758.92
761.32 763.55
914.90 916.14
916.14 917.81
925.85 927.99
--------------------------------------------------------------------
(i)MF-03-23 9200N / 9700E -80 / 90 1082 286.48 287.53
402.89 405.64
620.57 622.77
682.09 685.37
694.72 697.83
--------------------------------------------------------------------
(i)MF-03-26 9117N / 9673E -85 / 90 1190 669.62 672.57
792.65 794.36
MF-03-38 8940N / 9690E -57 / 90 1515 323.49 324.80
329.40 330.38
--------------------------------------------------------------------
MAC-3 TARGET
------------
(i)MF-03-25 10590N / 11968E -65 / 83 951 175.69 177.72
177.72 181.00
328.64 329.89
329.89 331.36
331.36 333.01
545.44 546.59
592.03 594.23
608.27 610.40
--------------------------------------------------------------------
(i)MF-03-27 no significant assays
--------------------------------------------------------------------
(i)MF-03-29 10556N / 11691E -60 / 83 1345 167.65 169.95
201.44 203.41
--------------------------------------------------------------------
MF-03-33 10196N / 11765E -75 / 58 1345 157.81 160.76
208.33 211.61
246.06 247.93
253.51 256.23
256.23 257.87
736.55 738.19
825.13 826.77
826.77 828.08
828.08 829.07
1010.50 1013.78
--------------------------------------------------------------------
MAC-4 TARGET
------------
MF-03-35 no significant assays
--------------------------------------------------------------------
MF-03-37 17228N / 6783E -50 / 58 1010 208.01 209.97
404.04 405.84
494.42 495.08
577.26 579.07
MF-03-37A 17228N / 6783E -45 / 58 141 124.67 126.31
--------------------------------------------------------------------
MF-03-40 no significant assays
--------------------------------------------------------------------
MAC-5 TARGET
------------
MF-03-42 14951N / 7347E -45 / 78 892 314.96 317.59
577.43 578.90
716.21 717.85
717.85 719.49
--------------------------------------------------------------------
OTHER TARGETS
-------------
(i)MF-03-15 13033N / 7872E -45 / 88 833 471.13 473.26
--------------------------------------------------------------------
(i)MF-03-17 10530N / 10075E -72 / 90 173 162.40 164.70
--------------------------------------------------------------------
(i)MF-03-18 10528N / 10075E -72 / 90 1125 129.59 131.23
254.72 256.40
362.86 364.50
364.50 366.31
--------------------------------------------------------------------
(i)MF-03-20 no significant assays
--------------------------------------------------------------------
(i)MF-03-22 no significant assays
--------------------------------------------------------------------
(i)MF-03-24 13174N / 8486E -45 / 56 1712 689.96 691.11
--------------------------------------------------------------------
(i)MF-03-28 13592N / 9745E -50 / 73 994 301.35 304.59
307.81 311.09
--------------------------------------------------------------------
MF-03-31 no significant assays
--------------------------------------------------------------------
MF-03-32 did not reach target
--------------------------------------------------------------------
MF-03-39 12628N / 8326E -50 / 58 1453 259.97 260.83
435.53 437.99
722.77 724.41
1085.96 1088.58
--------------------------------------------------------------------
MF-03-43 8998N / 10457E -45 / 93 610 416.67 419.95
483.60 485.24
--------------------------------------------------------------------
MF-03-44 9334N / 10540E -55 / 90 498 333.66 335.30
338.91 340.55
--------------------------------------------------------------------

------------------------------------------------------------------
HOLE ID Width Au From To Width Au
(ft) (oz/ton) (m) (m) (m) (g/tonne)
------------------------------------------------------------------
MAC-1 TARGET
------------
(i)MF-03-16 1.15 0.61 20.40 20.75 0.35 20.90
0.98 0.10 20.75 21.05 0.30 3.36
1.97 0.06 90.75 91.35 0.59 2.02
0.98 0.15 91.35 91.65 0.30 5.04
1.31 0.06 91.65 92.05 0.39 2.00
2.95 0.15 92.75 93.65 0.90 5.27
1.97 0.28 163.40 164.00 0.60 9.53
1.97 0.12 164.00 164.60 0.60 3.96
0.98 0.12 185.00 185.30 0.30 4.05
1.48 0.71 191.10 191.60 0.45 24.20
3.28 1.34 213.20 214.20 0.99 46.00
1.64 0.51 322.30 322.80 0.50 17.65
------------------------------------------------------------------
MF-03-41 1.64 0.09 14.30 14.80 0.50 3.15
1.31 0.15 33.70 34.10 0.39 5.12
1.15 0.24 90.10 90.45 0.35 8.34
2.13 0.16 90.45 91.10 0.64 5.45
1.97 0.34 174.10 174.70 0.59 11.75
0.98 0.13 264.90 265.20 0.30 4.33
------------------------------------------------------------------
(i)MF-03-30A 0.98 0.07 33.00 33.30 0.29 2.43
0.98 0.06 40.80 41.10 0.30 2.02
0.98 1.93 93.70 94.00 0.29 66.10
1.54 0.06 94.00 94.47 0.46 2.14
1.31 0.06 118.70 119.10 0.39 2.02
0.98 0.08 161.50 161.80 0.30 2.59
0.98 0.08 214.70 215.00 0.30 2.74
1.31 0.24 240.70 241.10 0.40 8.28
1.64 0.23 263.50 264.00 0.50 7.93
------------------------------------------------------------------
MF-03-34 1.64 0.17 49.10 49.60 0.50 5.88
1.31 0.27 50.60 51.00 0.39 9.10
1.31 0.27 51.00 51.40 0.39 9.11
3.28 0.08 51.40 52.40 1.00 2.86
1.64 0.08 70.30 70.80 0.50 2.66
1.31 1.11 70.80 71.20 0.40 38.20
2.79 0.06 71.20 72.05 0.84 2.07
0.89 0.07 72.35 72.62 0.27 2.55
------------------------------------------------------------------
MF-03-36 0.98 0.19 34.80 35.10 0.30 6.43
2.30 0.08 46.00 46.70 0.70 2.90
1.64 0.09 46.70 47.20 0.50 3.21
1.48 0.33 61.90 62.35 0.45 11.35
1.64 0.38 78.50 79.00 0.50 13.15
0.98 0.07 86.00 86.30 0.29 2.27
------------------------------------------------------------------
(i)MF-03-19 1.31 0.12 52.35 52.75 0.39 3.96
0.98 0.97 68.65 68.95 0.29 33.16
1.15 0.13 71.15 71.50 0.34 4.54
0.98 0.09 89.55 89.85 0.29 3.17
1.31 0.10 113.40 113.80 0.39 3.41
------------------------------------------------------------------
Note: Reported widths at MAC-1 are interpreted to be approximate
true widths
------------------------------------------------------------------
MAC-2 TARGET
------------
(i)MF-03-21 1.71 0.10 90.40 90.92 0.51 3.59
3.28 0.08 211.40 212.40 1.00 2.58
1.94 0.11 221.40 222.00 0.59 3.75
2.10 0.08 230.70 231.30 0.63 2.91
2.23 0.10 232.10 232.70 0.67 3.37
1.25 0.97 278.90 279.20 0.37 33.33
1.67 0.33 279.20 279.80 0.50 11.25
2.13 0.06 282.20 282.90 0.65 2.21
------------------------------------------------------------------
(i)MF-03-23 1.05 0.06 87.32 87.64 0.31 2.07
2.76 0.11 122.80 123.60 0.84 3.83
2.20 0.09 189.20 189.80 0.67 3.13
3.28 0.07 207.90 208.90 1.00 2.41
3.12 0.28 211.80 212.70 0.94 9.58
------------------------------------------------------------------
(i)MF-03-26 2.95 0.06 204.10 205.00 0.90 2.13
1.71 0.12 241.60 242.10 0.52 4.08
------------------------------------------------------------------
MF-03-38 1.31 0.36 98.60 99.00 0.40 12.50
0.98 0.37 100.40 100.70 0.29 12.70

------------------------------------------------------------------
MAC-3 TARGET
------------
(i)MF-03-25 2.03 0.52 53.55 54.17 0.62 17.75
3.28 0.14 54.17 55.17 1.00 4.67
1.25 0.11 100.20 100.60 0.37 3.63
1.48 0.07 100.60 101.00 0.45 2.39
1.64 0.08 101.00 101.50 0.50 2.72
1.15 0.06 166.30 166.60 0.34 2.06
2.20 1.92 180.50 181.10 0.67 65.80
2.13 0.06 185.40 186.10 0.65 2.09
------------------------------------------------------------------
(i)MF-03-27 no significant assays
------------------------------------------------------------------
(i)MF-03-29 2.30 0.11 51.10 51.80 0.69 3.67
1.97 0.09 61.40 62.00 0.60 2.99
------------------------------------------------------------------
MF-03-33 2.95 0.14 48.10 49.00 0.89 4.68
3.28 0.11 63.50 64.50 1.00 3.90
1.87 0.07 75.00 75.57 0.56 2.25
2.72 0.09 77.27 78.10 0.82 3.10
1.64 0.30 78.10 78.60 0.50 10.30
1.64 0.32 224.50 225.00 0.50 10.85
1.64 0.16 251.50 252.00 0.50 5.64
1.31 0.18 252.00 252.40 0.40 6.13
0.98 0.11 252.40 252.70 0.29 3.64
3.28 0.07 308.00 309.00 1.00 2.43

------------------------------------------------------------------
MAC-4 TARGET
------------
MF-03-35 no significant assays
------------------------------------------------------------------
MF-03-37 1.97 0.08 63.40 64.00 0.60 2.77
1.80 0.09 123.20 123.70 0.54 3.23
0.66 0.24 150.70 150.90 0.20 8.10
1.80 0.50 176.00 176.50 0.55 17.30
MF-03-37A 1.64 0.07 38.00 38.50 0.50 2.26
------------------------------------------------------------------
MF-03-40 no significant assays

------------------------------------------------------------------
MAC-5 TARGET
------------
MF-03-42 2.62 0.36 96.00 96.80 0.79 12.25
1.48 0.06 176.00 176.50 0.44 2.01
1.64 0.30 218.30 218.80 0.50 10.15
1.64 0.22 218.80 219.30 0.50 7.59

------------------------------------------------------------------
OTHER TARGETS
-------------
(i)MF-03-15 2.13 0.14 143.60 144.30 0.65 4.80
------------------------------------------------------------------
(i)MF-03-17 2.30 0.08 49.50 50.20 0.70 2.59
------------------------------------------------------------------
(i)MF-03-18 1.64 0.09 39.50 40.00 0.50 3.09
1.67 0.14 77.64 78.15 0.51 4.72
1.64 0.06 110.60 111.10 0.50 2.18
1.80 0.06 111.10 111.70 0.55 2.14
------------------------------------------------------------------
(i)MF-03-20 no significant assays
------------------------------------------------------------------
(i)MF-03-22 no significant assays
------------------------------------------------------------------
(i)MF-03-24 1.15 0.06 210.30 210.70 0.35 2.11
------------------------------------------------------------------
(i)MF-03-28 3.25 0.08 91.85 92.84 0.99 2.66
3.28 0.21 93.82 94.82 1.00 7.08
------------------------------------------------------------------
MF-03-31 no significant assays
------------------------------------------------------------------
MF-03-32 did not reach target
------------------------------------------------------------------
MF-03-39 0.85 0.10 79.24 79.50 0.26 3.35
2.46 0.09 132.80 133.50 0.75 2.92
1.64 0.19 220.30 220.80 0.50 6.62
2.62 0.06 331.00 331.80 0.80 2.01
------------------------------------------------------------------
MF-03-43 3.28 0.07 127.00 128.00 1.00 2.30
1.64 0.15 147.40 147.90 0.50 5.16
------------------------------------------------------------------
MF-03-44 1.64 0.12 101.70 102.20 0.50 4.28
1.64 0.13 103.30 103.80 0.50 4.45
------------------------------------------------------------------

(i) Previously reported results (April 3, 2003 news release)

Note: Gold Assays were by metallic screen fire assays carried out by ALS Chemex of Vancouver, B.C. Assays were carried out using 1/2 of sawn NQ2 core (50mm diameter). Industry standards and blanks were incorporated into each sample batch. McFinley project was carried out and supervised by Ian Russell, QP.

Note: Previously reported interval of 1 oz/ton over 2.33 feet in hole MF-03-21 at 453.58 to 455.91 feet was an error by ALS Chemex. Actual value is 0.003 oz/ton gold.

TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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