Rubicon Minerals Corp was incorporated on March 4, 1996 under the Company Act of British Columbia and was transitioned on June 23, 2005 under the Business Corporations Act of British Columbia. It is a mineral exploration company engaged in the acquisition, exploration and development of mineral property interests in Canada and the United States. The Company is also involved in the investment in other mineral exploration and resource companies. The Company's project portfolio includes the Phoenix Gold Project consisting of 16 patented mining claims, 25 licenses of occupation, 1 mineral lease and 1 unpatented mining claim. The Company's Other Red Lake Properties include Adams Lake consisting 37 unpatented mining claims in Balmer and Bateman townships; Advance consisting 13 unpatented mining claims in Todd Township; Brodie consisting 2 unpatented mining claims in Bateman township; DMC consisting 130 unpatented mining claims in Dome, McDonough, Bateman and Fairlie Townships; East Bay consisting 43 unpatented mining claims in Bateman and Black Bear townships; Humlin consisting 31 unpatented mining claims in Fairlie township; Red Lake North consisting 57 unpatented mining claims in Bateman, Black Bear Lake, McDonough and Coli Lake townships; and West End consisting 3 unpatented mining claims in Todd township. The Company holds ownership or royalty interests in a number of properties designated as the RRD. The Company acquired land packages in Nevada and Utah, United States. The Company controls approximately over 70,297 acres of exploration ground in the Red Lake gold camp, in the province of Ontario. The Company also controls approximately 350 square miles of mineral property interests located near the Nevada-Utah border in the United States. The Company's operation including exploration, development and production activities are subject to extensive federal, provincial, state and local laws and regulation governing various matters, including: government regulations relating to such matters as environmental protection, health, safety, labour; best exploration practices; management and use of toxic substances and explosives.