Rupert Resources Ltd (“Rupert” or “the Company”) reports new drill results from its ongoing exploration programme at the 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt, Finland.
The Company has intersected gold mineralisation within a pyrite-quartz vein stockwork that is up to 20m wide and has a projected strike length from drilling to date of at least 400m. The mineralisation remains open to the north east, the west and at depth with latest IP geophysics suggesting an un-tested offset to the sulphide zone. Heinä South is located 1km north-west of the new Ikkari discovery where hole 120042 intersected 1.8g/t Au over 137m (see release dated May 12, 2020).
The Heinä South target area is approximately 1km2 (figure 1) with a high concentration of base of till anomalies. Drilling to date has focused on the northern-most part of the prospect.
- Holes 120011 and 120033 intersected the highest grades and are 200m apart in the east and west of the target respectively. Hole 120011 intersected 5.2g/t Au over 9.5m from 39m including 40.7g/t Au over 1m and hole 120033 intersected 482g/t over 1m
- Hole 120007 intersected 5.6g/t Au over 2.6m from 53.6m, 10.4g/t Au over 2m from 84m, and 26.1g/t Au over 1.0m from 174m. The hole was drilled oblique to the anomaly but demonstrated early in the program the potential for scale.
- Hole 120031 intersected 2.2g/t Au over 12m from 83m, including 7.3g/t Au over 1.8m from 87m and Hole 120029 intersected 1.2g/t Au over 14.0m from 95m and 3.5g/t Au over 2.0m from 112m
James Withall, CEO of Rupert Resources commented “The exploration drilling program at Area 1 has delivered some fantastic results from numerous targets. Heinä South, under up to 20m of cover has recorded the highest-grade intersection to date outside of our Pahtavaara mine. We have yet to test the full extent of the gold anomalism at this target with mineralisation identified in both a stockwork vein setting and within neighbouring intrusive rocks. The geology team continue to build up our inventory of close proximity targets at Area 1 that itself represents just a fraction of the almost 300km2 licence package.”
For full release including images and tables please follow URL below