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Rupert Resources Ltd.

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Summary

Project:

Hirvi

Deposit:Hirvi
Location:Finland
Commodities:Gold
Date:3/16/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-3-2020: Rupert Resources Ltd. announces an Exploration/Drilling Update report for its Hirvi deposit at the Hirvi project. Drilling results incl. 38m @ 1.4g/t Au from 52m. TORONTO, Ontario--(BUSINESS WIRE)--March 16, 2020--Rupert Resources Ltd (“Rupert”
Resources:x
CP/QP:[Overall Report]: Mike Sutton (Not stated)
ABSTRACT:TORONTO, Ontario--(BUSINESS WIRE)--March 16, 2020--Rupert Resources Ltd (“Rupert” or “the Company”) reports results from its Hirvi satellite project, drilled as part of its ongoing regional exploration program. The Hirvi Project is a known gold occurrence with limited historical drilling located in close proximity to the two permitted mills in the region - 53km north west of Rupert’s Pahtavaara mine and 19km south of the Kittilä mine operated by Agnico Eagle Mines (see figure 1). Assay results from the program reported today support historical intercepts, extend the mineralised zone to depth and to the north and have provided information regarding structural controls on mineralisation. The vein-hosted Hirvi gold occurrence had been identified by Finnish Geological Survey (GTK) drilling, undertaken between 1987 and 1995, to approximately 140m strike length (NE trending) and 70m vertical depth. Historic intercepts included 1.3g/t Au over 32.9m from 56.4m in hole 194395 (adjacent to new hole 119202) and 5.5g/t Au over 15.3m from 19.3m in hole 194396.

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