The company has started a preliminary economic assessment which it expects to complete by year-end.
Rubicon Minerals Mining News
Phoenix gold project has yielded positive reconciliation results that validate the 2018 mineral resource estimate as well as the new geological model.
Stock drops by a third.
Rubicon Minerals (TSX:RMX) advanced 4.5 percent on Friday after the company released an update on its Phoenix Gold Project in Red Lake, Ontario.