Address 800 West Pender Street Suite 1540 Vancouver, BC V6C 2V6 Canada - Map Phone: 604-623-3333 Fax: 604-623-3355 http://www.rubiconminerals.com Exchange AMEX Index Membership None Sector Metals and Mining Industry Gold Held by these Mutual Funds Not Available Competitors Ready Mix Agnico-Eagle Mines Northgate Minerals Richmont Mines Executives Mr. David W. Adamson B.Sc. (Hons.) M.Sc. Ph.D. Chief Exec. Officer Pres Director of Rubicon Management Ltd Mr. Robert G. Lewis LL.B. C.G.A Chief Financial Officer Mr. Bill Cavalluzzo VP of Investor Relations Mr. David R. Reid B.A. LL.B. Legal Counsel Director and Member of Corp. Governance Committee Mr. Michael J. Gray B.Sc. M.Sc. P.Geo. Consultant Financial Snapshot Revenue Net Income EPS EBITDA Long Term Debt 2007 $ 0.0 $ -2.2 M $ -0.0 $ -3.2 M $ 0.0 2006 $ 0.0 $ -3.3 M $ -0.0 $ -2.4 M $ 0.0 Description Rubicon Minerals Corp was incorporated on March 6, 1996, under the BC Company Act, under the name 515006 B.C. Ltd. Its name was changed to Rubicon Minerals Corporation on April 2, 1996. The Company is a Canadian based mineral exploration-stage company that explores for commercially viable gold and base metal deposits. In addition the Company selectively invests in other mineral exploration and resource companies, which the Company deems to be of merit. The Company's key assets are in the Red Lake gold camp, in the Province of Ontario and a number of district-scale gold exploration properties in the Province of Newfoundland and Labrador. The Company also has a 60.4% investment in a subsidiary named Toquima Minerals Corporation that holds gold and base metal exploration properties in the States of Nevada and Alaska in the United States. The Company also has a 38.8% interest in Africo Resources Ltd., a private B.C. Company that controls an option to acquire a 75% interest in a copper-cobalt resource located in the Democratic Republic of Congo. Exploration activities on the Company's properties are affected to varying degrees by: government regulations relating to such matters as environmental protection, health, safety and labour; mining law reform; restrictions on production, price controls, and tax increases; maintenance of claims; tenure; and expropriation of property. The Company is also required to follow the regulations pertaining to the mineral exploration. As of December 31, 2005, the Company had nineteen full time employees seven full time contractors and up to ten short term contracts with contractors/consultants.