March 10, 2010 - 11:00 AM Eastern Rubicon's Phoenix Gold Project Comes to Toronto

Rubicon Minerals Corporation is a well-funded exploration company focusing on exploring for gold in politically safe jurisdictions with high geological potential. Rubicon controls over 65,000 acres of prime exploration ground in the prolific Red Lake gold camp of Ontario which hosts Goldcorp's high-grade, world class Red Lake Mine. In addition to its Red Lake holdings, Rubicon also controls over 380,800 acres surrounding the Pogo Mine in Alaska as well as 225,000 acres in northeast Nevada. Rob McEwen, President and CEO of McEwen Capital, former Chairman and CEO of Goldcorp, owns 22% of the company.

Presentation will begin at 11:30 EST. Contact: Bill Cavalluzzo, VP - Investor Relations or Sherry Matthews Toll free: 1.866.365.4706 or 604.623.3333 Information contained in this webcast is current as of the date and time first presented.