This article was provided by the Ontario Mining Association (OMA), an organization that was established in 1920 to represent the mining industry of the province.
For Ontario Mining Association member Rubicon Minerals Corporation, like the reference of its name to Roman history, there is no turning back as it advances its Phoenix Gold Project in Red Lake towards adding to the 26 million ounces produced in this historic gold area. Rubicon acquired control of the property in 2002 and it has a bullion production target of the first quarter of 2014.
“This is an interesting and exciting project, which has a history,” said John McDonald, Mine Manager. “It is not often that you can jump relatively quickly from advanced exploration, to mine development and potential production in a short time period.”
Rubicon inherited some infrastructure from what was known as the old McFinley Mine site, which never really was a gold producer. Claims were first staked on this property in 1922 and initial underground exploration took place in 1956. From 1982 to 1989, further exploration was carried out, a shaft was built, three underground levels were developed in the mine, a 150-ton-per-day mill and tailings compound were built and bulk sampling was done on a satellite target, which lies approximately 500 metres away from the eventual discovery.