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Rupert Resources drills 181.1 grams per tonne gold over 1.7m and 4.2g/t Au over 11m at the Pahtavaara mine

Jan 16, 2020

Rupert Resources Ltd (“Rupert” or “the Company”) reports further results from the 7,000m Pahtavaara mine exploration program (tables 2 & 3). The results reported today include high-grade intercepts in holes from the NFE zone where two mineralised trends are being drilled. These intersections are outside of the current known resource, in areas of limited historic drilling and in close proximity to the existing open pits and underground infrastructure.

Highlights

NFE Lower Trend
Hole 119519 intersected 181.1g/t Au over 1.7m from 165.3m (including 438g/t Au over 0.7m) extending the width of the high-grade shoot from previous drilling by 28m. Hole 119512 intersected 111g/t Au over 0.65m from 121m in hole 119512 extending the shoot towards surface from previous drilling. The vertical extent is now estimated to be in excess of 200m

NFE Upper Trend
Hole 119519 intersected 4.2g/t Au over 11m from 82.4m (including 6.5g/t Au over 1.3m and 25.1g/t Au over 1.1m) demonstrating increased width of this zone with depth. Holes 119509 and 119511 intersected 5.6g/t over 1.1m and 10.7g/t Au over 1.0m at between 50 to 60m depth, demonstrating the zone extends below the previously mined shallow open pit.

James Withall, CEO of Rupert Resources commented “Today’s results demonstrate increased continuity to the significant high-grade mineralisation identified in the NFE zone. The current drilling is demonstrating un-mined mineralisation with grades far higher than the April 2018 Inferred Resource.

For full release including tables and images please follow the URL below:

200116_newdrillingatNFE