Rupert Resources

NEWS

Arkistot

300m stepout reported from Heinä South with results also including 1213g/t gold over 0.5m, the highest grade assay in Area 1

Rupert Resources Ltd reports new drill results from its Heinä South prospect, located 1km to the north west of the Ikkari Discovery and part of the 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt, Finland (figure 1).

Highlights 

  • Hole 121015 intersected 162g/t Au over 1m from 23m and 1.9g/t Au over 5m from 97m, extending the previously defined north east trend by 160m.
  • Hole 121037 intersected 2.0g/t Au over 18m from 15m, testing a new base of till anomaly up to 400m along the projected mineralised trend.
  • Hole 121049 intersected 17.7g/t Au over 2m from 243m, including 34.3g/t Au over 1m, confirming continuity of grade at depth within the previously define trend. Re-sampling of the mineralised zone gave 1213g/t Au over 0.5m (the highest grade assay in Area 1), from 232m in a visible gold-bearing carbonate vein.
  • Heinä South remains open in all directions.

James Withall, CEO of Rupert Resources commented “These new results significantly extend the mineralised system at Heinä South and add continuity to the previously identified high grade mineralisation, with the trend now shown to strike at least 750m with potential to extend to 1km with further infill.  We continue to test a number of other targets in the Area 1 system as part of our program to delineate discoveries of scale, some 75% of drill holes in Area 1 have intercepted gold mineralisation and all drilling continues to help refine our geological model in an area with no surface exposure and no drilling prior to Rupert’s initial drill program in 2019. These results show the considerable upside to the resource potential which exists on the Pahtavaara licences beyond Ikkari.”