Rupert Resources

Rupert Resources reports results from project drilling including 120m at 6.2g/t Gold

Toronto (May 16, 2024) – Rupert Resources Ltd. (“Rupert” or the “Company”) reports assay results from project drilling at Ikkari (Figure 1). The drilling, principally for metallurgical sampling produced some of the best intercepts achieved to date at Ikkari (Tables 1 & 2).



  • #124043 intersected 120m at 6.2g/t Au from 45m downhole (36m vertical), the third-best intercept achieved to date at Ikkari with 748 gram x meters (see Table 1 for details). Additional intercepts of 22m at 2.9g/t Au from 16m downhole (13m vertical), 5m at 4.5g/t Au and 56m at 3.5g/t Au (Figure 2) combine to make this the second highest yielding drillhole of all time at Ikkari with 1028 gram x meters (see Table 2 for details).
  • #124041 intersected 28m at 9.7g/t Au from 101m and 13m at 34.5g/t Au from 161m including 1m at 294g/t Au (Figure 3). Combined intercepts in #124041 yield 737gram x meters also in the top 10 yielding drillholes of all time at Ikkari.
  • #124040 and #124047 also delivered broad, continuously mineralised intersections typical of the Ikkari deposit.  #124040 intersected 121.2m at 2.5g/t Au from 52m downhole and #124047 intersected 167.8m at 2.6g/t Au from 17.2m (the base of the overburden). 

James Withall, CEO of Rupert Resources commentedThe project drilling results reported from Ikkari today confirm the robustness of the Ikkari mineral resource with exceptionally continuous high-grade mineralisation near surface that will conceptually be captured in a low strip ratio, open pit in the early years of operations. The PFS engineering is progressing well on the existing resource and is building on the scope outlined in the November 2022 PEA.  We continue to evaluate other opportunities which will only be pursued if they meet our long standing corporate objectives and build meaningful shareholder value.”

Full release including images and tables