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Former Mine Manager takes charge at Rubicon

By Jennifer Thurbide

Next month a familiar face will be taking the reins at Rubicon Minerals Corporation as last week the company announced Michael Lalonde would assume the position of President and Chief Operating Officer. The appointment is effective June 1st and will include a six month transition period. The company said in a release last week that Lalonde’s mandate is to optimize the development of the Company’s flagship, Phoenix Gold Project, situated in Red Lake, Ontario, and to position the Company for future growth.

“We are delighted to welcome Mike to Rubicon and look forward to him leading the next chapter in the development both of our Phoenix Gold Project at Red Lake and the Company going forward,” said David Adamson of the new hire. “Mike has demonstrated extensive, successful senior level experience in all aspects of the development and operation of numerous gold mines with a variety of recognized producing companies. This includes his highly relevant experience with Goldcorp at Red Lake, both at its high-grade, world class producing Red Lake Mine and its ongoing Cochenour development project. Mike’s appointment is a significant endorsement of Rubicon and our Phoenix Gold Project and I look forward to working with him during the transition and beyond.” Adamson will remain Chief Executive Officer during the transition period and thereafter will assume the position of Chairman of the Board.

In referring to the contribution of David Adamson, Chris Bradbrook, lead Director, stated: “Under David’s leadership, Rubicon has undergone exceptional growth, transforming from a small exploration company with an $8 million market capitalization to its current status as a permitted, well-funded, highly valued and respected company with a world class, new gold deposit in Red Lake, as well as control of a significant portion of the Red Lake Gold camp. We recognize David’s significant role in maintaining the vision that Red Lake could drive shareholder value for Rubicon. He received well-deserved public recognition for his role in the discovery of the F2 Gold Deposit as a 2010 co-winner of the AME-BC Colin Spence Award for Excellence in Global Mineral Exploration. We thank David for his dedicated contribution to Rubicon over 16 years and look forward to his continuing contribution both during the transition period and thereafter, as Chairman.”

Lalonde leaves his previous position of Director of Underground Projects for Goldcorp Inc which included managing the development of the Cochenour project in Red Lake and his resume also includes General Manager of Goldcorp’s Red Lake Gold Mines between 2008 and 2011 and General Manager of Goldcorp’s Marlin Mine in Guatemala between 2006 and 2008 which brought the underground operation into full production status. Lalonde holds a B.Sc. in mining engineering from Michigan Technological University and is a registered Professional Engineer in Ontario.

Goldcorp Inc representatives said last week that no one had yet been named to replace Lalonde with Corporate Communications Manager Christine Marks noting “we have a great team in place who will continue the exceptional work they’ve always done. We wish Mike the best in his future endeavors and thank him for his contribution to Goldcorp.”

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