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Rupert Resources Ltd.

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Summary

Project:

Pahtavaara

Deposit:Heina South
Location:Finland
Commodities:Gold
Date:6/10/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:10-6-2020: Rupert Resources Ltd. announces an Exploration/Drilling Update report for its Heina South deposit at the Pahtavaara project. Drilling results incl. 1m @ 482g/t Au from 150m. June 10, 2020 - Rupert Resources Ltd (“Rupert” or “the Company”) repor
Resources:(not mentioned in this report)
CP/QP:[Overall Report] Mike Sutton, Charlotte Seabrook (Internal)
ABSTRACT:June 10, 2020 - 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 2019/20 regional exploration program has focussed on a series of targets in Area 1, which contains just 5km of a 20km prospective structure on the Company’s licence. Over 14,000m (80 holes) of diamond drilling has now been completed at Area 1. Table 1 highlights the best mineralised intercepts that have been drilled to date at the six discoveries since drilling commenced in April 2019.

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