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Rupert Resources Ltd.
Summary
| Project: | Pahtavaara | |
|---|---|---|
| Deposit: | Island, Saitta | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 2/26/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 26-2-2020: Rupert Resources Ltd. announces an Exploration/Drilling Update report for its Island, Saitta deposit at the Pahtavaara project. Drilling results incl. 0.5m @ 249g/t Au from 74.8m . TORONTO--(BUSINESS WIRE)--February 26, 2020--Rupert Resources L | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mike Sutton (Internal) | |
| ABSTRACT: | TORONTO--(BUSINESS WIRE)--February 26, 2020--Rupert Resources Ltd (“Rupert” or “the Company”) provides an update on regional exploration program at its 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt of Northern Finland. Two new discoveries have been made at Area 1, 20km from the Pahtavaara mill. Situated 20km west of the Pahtavaara mine, Area 1 hosts a series of high-ranking targets along the major regional domain boundary and structural corridor (figure 1). Rupert Resources has now made five new grassroots discoveries in Area 1 in less than 12 months - Heinä North, Heinä Central, Heinä South, Island North and Saitta (figure 2). Base of Till (BoT) sampling over geophysical targets continues to generate more new anomalies that will be followed up with diamond drilling in the months ahead. The Island North target is located 2km east of the Heinä Central discovery. Initially a single drill hole, 119054, was designed to test the northern-most anomaly (0.4g/t Au) identified from BoT sampling 50m to the east of an EM geophysical anomaly similar to that observed at Heinä Central. | |
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