Rupert Resources Ltd (“Rupert” or “the Company”) announces the initial results from its underground sampling programme including a sample of 3100g/t Au over 0.5m and expands licence by 65km2 at the Pahtavaara Project in the Central Lapland Greenstone Belt of Northern Finland (the “Pahtavaara Project”). The Pahtavaara Project comprises a permitted 1,400tpd mill, 35km of underground infrastructure and a land package of 290km2.
James Withall, Chief Executive of Rupert Resources said “The initial results of the underground sampling programme are extremely encouraging and show the potential for near mine resource additions at Pahtavaara. The ongoing underground sampling combined with assaying of unsampled core is equivalent to around 10,000m of diamond drilling which Rupert is able to complete on a low cost basis. Beyond the mine limits Rupert has an extensive 2018 fieldwork plan based on our historic data review, results from 2017 and a new regional structural interpretation that utilised our detailed UAV aeromag survey. We have also applied for a further 65km2 contiguous ground located between Pahtavaara and the two major base metals deposits in the region. ”
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