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Rupert Resources Ltd.
Summary
| Project: | Pahtavaara | |
|---|---|---|
| Deposit: | Pahtavaara | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 10/17/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 17-10-2019: Rupert Resources Ltd. announces an Exploration/Drilling Update report for its Pahtavaara deposit at the Pahtavaara project. Drilling results incl. 31.0m @ 1.4g/t Au from 64.0m. Rupert Resources Ltd (“Rupert” or “the Company”) discovers a signi | |
| Resources: | (Resource, Inf.): 4.63Mt @ 3.2g/t Au for 474Koz Au | |
| CP/QP: | [Overall Report]: Mike Sutton (Internal) | |
| ABSTRACT: | Rupert Resources Ltd (“Rupert” or “the Company”) discovers a significant new mineralised body at the Pahtavaara Project, Northern Finland. Drill results from seven holes in the Heinä (previously referred to as Vuoma) Central target in Area 1, identify a sulphide body of up to 75m true thickness along a strike of at least 200m. Multiple parallel zones of gold mineralisation were also intersected. The Heinä target is located 25km from the Pahtavaara mill. James Withall, CEO of Rupert Resources commented “The first 1,260m of our 15,000m regional exploration drilling program has identified multiple parallel brecciated structures with significant gold and copper mineralisation. “Heinä” Central is the first target to be tested in the ongoing program and increases the confidence in the efficacy of our exploration method and the potential to delineate projects of scale on our land package. Drilling is ongoing at other regional targets as well as at the Pahtavaara mine.” | |
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