Rubicon Minerals Corporation. Physical Work Submission Report June, RED LAKE PROPERTY MECHANICAL STRIPPING South Pipestone Bay

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1 Rubicon Minerals Corporation Physical Work Submission Report June, 2001 RED LAKE PROPERTY MECHANICAL STRIPPING South Pipestone Bay Ball Township Red Lake Mining Division NTS 52/N A /^ r--^'^-, t'n Submitted by: David Adamson Rubicon Minerals Corporation Vancouver, British Columbia June 16, 2001 RECEIVED v' ' i GEOSCIENCF A SSESSMENT OfFICE ^ 52M01SE BALL 010

2 Location of Stnpping and Power Washing

3 :84 District News 10= p. 85 Introduction ; This report presents a brief regional geological description of the rocks exposed at the southern end of Pipestone Bay, during a 4 day physical stripping, trenching, blasting and washing, program. Included is a breakdown of the type of equipment used, the hours and dates that the equipment was used, the man-hours that were spent on this program and a, map showing the locations of the stripped areas.?; V' - -* Geological Description : ** * The Red Lake greenstone belt records a 300 million year history of episodic volcanism, sedimentation, deformation, and mineralization. The Balmer assemblage, host to current and past-producing gold mines, consists of tholeiitic and komatiitic lava flows, ultramafic intrusive rocks, intercalated with billion year old (Ga) felsic volcanic, clastic, and chemical sedimentary rocks. The Ball assemblage comprises crustally contaminated komatiite, tholeiitic basalt, Ga calc-alkaline, felsic volcanic rocks, and stromatolitic carbonate. The Slate Bay assemblage of quartz-rich wacke and conglomerate, with an age less than 2.91 Ga, records accumulated Balmer-age material, prior to the 2.89 Ga intermediate pyroclastic volcanism and sedimentation of the Bruce Channel assemblage. The Confederation assemblage rests unconformably on the Balmer, and consists of basal conglomerate, 2.74 Ga Fill-type rhyolite, tholeiitic basalt with volcanogenic-massive-sulphide-style alteration-mineralization, and 2.73 Ga calc-alkaline pyroclastic rocks. Polyphase deformation involved pre-confederation tilting and at least two episodes of post-confederation deformation reflected in folds and fabrics of low to moderate finite strain. The rocks that were exposed at the south end of Pipestone Bay are assigned to the Ball assemblage. Figure l shows the location of the area stripped. Physical Stripping, washing and blasting : The location of stripping was based on historical data (refer to Ball Township geology map, Riley, 1970) that indicated the presence of pyrite, pyrrhotite, chalcopyrite as well as anomalous values of nickel, copper and zinc. In June 2000, reconnaissance sampling identified a number of semi-massive, chalcopyrite, pyrrhotite, pyrite rich blast rock, within the old blast pile. A total of 9 samples were collected during this program. Three samples returned copper values greater than 2000ppm (2180ppm, 2550ppm and 3600ppm). A stripping, washing and blasting program was completed to try and identify the source of this semi massive mineralization. Physical stripping, blasting and washing took plagftjovetta four-day period, from June 12 to June 15th. During this time,athi6e^isryjg^^ "with a geological supervisor, carried out manual strijjrfljpsiwrldl&lfnig.v A total of 126 man-hours PpGE. 05

4 :Q5 District News 10= P. Q 6 (labour) were needed to complete this program. Time was billed at SZO/hr. During this time, two pumps and a Punjar plugger were utilized for the power washing and blast-hole drilling. The pumps were charged out at a rate of S/day each. The Punjar plugger was 565/day. The rocks exposed during this trenching program are assigned to the Ball assemblage volcanic package of rocks. Massive to weakly foliated mafic volcanic rocks, unaltered ultramafic rocks, and strongly magnetic, well-bedded iron formation are present in the stripped area. Minor felsic volcanics are also present, along the western edge of the stripped area. Blasting along the southern face of the stripped outcrop was completed to try and expose fresh, unweathered, mineralized rock. The mineralization that was exposed during this program was limited to the banded iron formation (Trace -P/o pyrrhotite, Trace Pyrite), and the Mafic volcanics, which contained trace amounts of pyrite. A total of 6 samples were collected at the end of July. Geochemical results were negligible. The highest copper value returned was 193ppm, Further prospecting will be carried out in the area to try and determine the source of the anomalous, semi-massive sulphide samples collected in

5 Area of Stnpping Power Washing

6 Detailed Claim Map Area of Stripping and Power Washing

7 Q1-1Q-19 15:08 District News 10= P- Q9 \ OCT 19 '01 16= PAGE.89

8 ONTARIO Work Report Summary MINISTRY OF NORTHERN DEVELOPMENT AND MINES Transaction No: Recording Date: Approval Date: W JUN OCT-25 Status: APPROVED Work Done from: 2001-JUN-12 to: 2001-JUN-15 Client(s): ENGLISH, PERRY VERN Survey Type(s): PSTRIP Work Report Details: Claim* Perform Perform Approve Applied Applied Approve Assign Assign Approve Reserve Reserve Approve Due Date KRL S4,459 34,01 8 S ,600 S859 S FEB-10 KRL KRL KRL KRL so S1.200 S400 S400 S 1,600 51,200 S400 S400 51, so so so JUN JUN J UN JUN-18 S4,459 54,018 S ,600 S3.600 S3.600 S859 S418 Status of claim is based on information currently on record. 52M01SE BALL Oct-31 11:50 Armstrongjd Page 1 of 1

9 Ministry of Northern Development and Mines Date: 2001-OCT-29 Ministere du Developpement du Nord et des Mines Ontario GEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E6B5 PERRY VERN ENGLISH BOX 414 URIS, MANITOBA ROK 2CO CANADA Tel: (888) Fax:(877) Dear Sir or Madam Submission Number: Transaction Number(s): W Subject: Approval of Assessment Work We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval. At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time. The 45 days outlined in the Notice dated September 10, 2001 have passed. The information provided has been reviewed. The work program has been reduced to reflect the costs related to the stripping, washing and geological mapping. Assessment credits for work completed related to the sampling may be submitted in the future and will be assessed at that time. Assessment work credit has been approved as outlined on the attached Work Report Summary. The assessment credit is being reduced by $441. The TOTAL VALUE of assessmei credit that will be allowed, based on the information provided in this submission, is 34,018. If you have any question regarding this correspondence, please contact or by phone at (705) Yours Sincerely, JIM MCAULEY by at Ron Gashinski Supervisor, Geoscience Assessment Office Gc: Resident Geologist David William Adamson (Agent) Perry Vern English (Assessment Office) Assessment File Library Perry Vern English (Claim Holder) Visit our website at Page: 1 Correspondence 10:16520

10 mm K PMVMCUU MIHO MINING LAUD TENURE MAP fc^ww^^^wh' -~ ^^7^-^' m''f&j&mfcx s i. f^^--^^'^.-''----^ Date l Time of Issue Sap :B7n Eastern j TOWNSHIP r AREA PLAN j BALL j ADMINISTRATIVE DISTRICTS t DIVISIONS l i Mining Division Red Lake Land Titles/Registry Division Ministry of Natural R*sourc*i District KENORA RED LAKE TOPOGRAPHIC LAND TENURE flmettoup^mrt 0] Ind L.1 CW. ffd..'-- ; '^m?~"m^ LAND TENURE WITHDRAWALS IMPORTANT NOTICES id- w-^?ffc :.;; ;, *!;?;::;.,^\r.^i::;i:^wi^ i!j^n.^?. ^.is^s^^jim^i ^^Mllif.^^* * LAND TENURE WITHDRAWAL DESCRIPTIONS PUIK DM0 nw L PiJrWTO (IHI JIUbJKM M** nw L pnrtroo 0 *1 AuA.ciia M.I 17 M l OH l A Ut CM HO WHn Oin l Mil WOODLAND CARIBOU PKQVINC ML PMU IMPORTANT NOTICES o o (M o M m GfrneraHnformation and Limitations

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