A Gold-Copper-Cobalt prospect that shows a strong soil geochemical anomaly for these elements over a length of around 20 km and an average width of 2.2 km.
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Board of Directors & Management Team with skill sets aligned to the company’s core business of exploration, mining & mineral extraction.
Exploration focused on Gold, Silver and Critical Minerals needed to meet Zero Emissions Targets.
Priority exploration focus on two promising targets that have been located in the same Exploration Licence (EL9354) in western NSW, Australia – a Gold-Copper Prospect and a Rare Earth Element Prospect – Rubicon has an option to acquire this Licence.
A Gold-Copper-Cobalt prospect that shows a strong soil geochemical anomaly for these elements over a length of around 20 km and an average width of 2.2 km.
A Rare Earth Element prospect with strong soil geochemical anomaly covering an area of 5 sq km and which appears likely to be near surface ion adsorption type that brings with it the benefits of low mining & extraction costs.
Project Location Shown on O’Driscoll’s Lineament Map of Australia
Studies have shown that major mineral deposits in Australia and worldwide lie in or near the intersection of lineaments which represent the earth’s major crustal faults.
Rubicon, employing a similar approach to that used in the discovery of Olympic Dam Mine, has identified exploration sites for gold, copper and rare earth elements using O’Driscoll’s lineament map of Australia in combination with gravity & magnetic geophysics.
In the three years since Rubicon’s formation, extensive well directed exploration work has been carried out and follow-up soil geochemistry has confirmed precisely defined search locations.