Rupert Resources Ltd (“Rupert” or “the Company”, TSX-V: RUP) reports that it has entered into an option agreement (“Agreement”) with Sakumpu Exploration OY (“Sakumpu”), a 100% held subsidiary of ASX listed, S2 Resources (“S2”) (S2R.ASX) on two exploration licence applications (“Licences”) in the Central Lapland Greenstone Belt, Finland. The Company has also expanded its 100% owned land package through the application of new reservations and exploration licences.
James Withall, CEO of Rupert Resources commented “Our core focus remains the exploration and progression of the Ikkari Discovery. However, well-funded commercial exploration is still in its infancy in Central Lapland which has the potential to become a significant new gold camp. Rupert has opportunistically expanded its land package from 124km2 in 2016 to almost 600km2 today. We continue to apply our systematic and disciplined exploration approach to both our existing tenements and to ground which our team in Finland has identified as prospective for multi-million ounce gold discoveries based on their understanding of the regional geology and mineralising events that led to the deposition of Ikkari.”