Rubicon Minerals Appoints Michael Lalonde President and Chief Operating Officer

Rubicon Minerals Corporation

announces the appointment, effective June 1, 2012, of Michael Lalonde to the position of President and Chief Operating Officer of the Company. Following his appointment and a transition period of up to six months, Mr. Lalonde will then assume the position of President and Chief Executive Officer of the Company. David Adamson will remain as Chief Executive Officer during the transition period and thereafter will assume the position of Chairman of the Board. Mr. 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.