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Rupert Resources Ltd.
Summary
| Project: | Hirsikangas | |
|---|---|---|
| Deposit: | Hirsikangas | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 11/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-11-2018: Rupert Resources Ltd. announces a Resource Estimation report for its Hirsikangas deposit at the Hirsikangas project. Updated mineral resource estimate at the project. This mineral resource estimation report has been prepared by International Re | |
| Resources: | (Resource, Inf.): 2.270Mt @ 1.2g/t Au for 89Koz Au | |
| CP/QP: | [Resources]: Brian Wolfe (International Resource Solutions Pty Ltd.) | |
| ABSTRACT: | This mineral resource estimation report has been prepared by International Resource Solutions Pty Limited and was commissioned by Rupert Resources Ltd. The report comprises an independent estimation of the mineral resources of the Hirsikangas Gold Project (“Hirsikangas” or “the Project”). Hirsikangas is wholly owned by Northern Aspect Resources Ltd which is in turn a 100% owned subsidiary of Rupert Resources Ltd (hereinafter referred to as "Rupert"). Location The Hirsikangas Gold Project is located near the western coast of Finland in the southern part of Northern Ostrobothnia (Figure 1.2_1). The local administrative municipality is Kalajoki municipality (formerly Himanka prior to 2010). The area is approximately 7km east northeast of the town of Himanka (Figure 4.1_1, Table 4.1_1). For coordinates see Table 4.1_1. The Hirsikangas Gold Project is located within the Svecofennian area, which is composed of three different arc complexes of the central Finland granitoid complex (Figure 7.1_1). The prospect area belongs also to the so-called Raahe-Ladoga zone (i.a. Korsman 1988, Ekdahl 1993), which runs parallel to the Archean craton margin and represents the product of complex Paleoproterozoic subduction and collision processes (Gaál 1986 and 1990). The bedrock of the Hirsikangas area consists mainly of mica schist, mafic and ultramafic volcanic rocks and felsic schist, the main host rock of the gold mineralisation. These rocks are in places intruded by late-stage granite porphyry dykes and pegmatites. Mineralisation Mineralisation at Hirsikangas is orogenic hydrothermal in origin and is principally hosted within deformed felsic schists. The felsic schist is massive, fine-grained, grey, quartz rock that is extremely hard. Within the felsic schist, randomly disseminated blebs of sulphides can account for up to 10% of the rock, although more typically they account for 1-2% (or much less) combined sulphides (arsenopyrite, pyrite and pyrrhotite). The presence of blebs of arsenopyrite is a good indicator of the presence of gold, which is sometimes visible. | |
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