Rubicon Minerals Files Technical Report for F2 Gold System, Phoenix Gold Project, Red Lake, Ontario

TORONTO, ONTARIO--(Marketwired - Aug 9, 2013) - Rubicon Minerals Corporation (TSX:RMX) (NYSE MKT:RBY) ("Rubicon or the "Company"") announces the filing today of a technical report for its F2 Gold System, which comprises part of the Company's flagship Phoenix Gold Project, located in Red Lake, Ontario, in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (the "Technical Report"). The Technical Report, dated effective June 25, 2013, was prepared by SRK Consulting (Canada) Inc. and Soutex Inc., both of which are independent of Rubicon.

The Technical Report was filed on SEDAR pursuant to the press release of Rubicon dated June 25, 2013 announcing the results of a new preliminary economic assessment and updated mineral resource statement. A copy of the Technical Report can be viewed online under Rubicon's profile at www.sedar.com (Canada) or at www.sec.gov (United States), or on the Company's website at www.rubiconminerals.com.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.