Resource Development and Near Term Production Potential in Finland

The Company owns the Pahtavaara gold mine, mill, and exploration permits and concessions located in the Central Lapland Greenstone Belt in Northern Finland.

The Company also holds a 100% interest in the Gold Centre property, which consists of mineral claims located in the Balmer Township, Red Lake Mining Division of Ontario.

Rupert Resources owns 100% of the fully permitted Pahtavaara gold mine, located in the Central Lapland Greenstone Belt in Northern Finland.

Pahtavaara has been in production for 15 out of the last 20 years. Production peaked at 37,000oz, and existing mill capacity is over 1,400 tonnes of ore a day. Since acquiring the mine, Rupert has undertaken over 30,000m of diamond drilling, which identified significant high grade mineralization to the west of the existing mine development, in the recently discovered “Karoliina” orebody, and also in the new “North Flank” zone.

The drilling program continues with the goal of building resources and returning Pahtavaara to production. Rupert Resources has also commenced exploration on its contiguous 124km2 land package in the center of a region which hosts Agnico Eagle’s 7Moz Kittila mine and significant Ni-Cu-PGM polymetallic deposits represented by Boliden’s Kevitsa mine and Anglo American’s Sakatti Project.


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