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Rupert Resources – Exploration Update

Rupert Resources provided an exploration update from drilling at the Ikkari and Heinä South discoveries.

At Ikkari, continued drilling extended the known mineralization at depth, e.g. 16m @ 3g/t Au at a vertical depth of 413m in drill hole 121071, while infill drilling continued to further deliver good grades, e.g. 72m @2.2. g/t Au starting directly under the till cover in drill hole 122066.

At the Heinä South prospect, drilling continued to confirm mineralization along an approx. 1km long trend, returning e.g. 7m @4.5g/t Au in hole 122050. First results from drilling at a second, parallel trend some 300m to the south indicate multiple mineralized zones (2m @ 4.9g/t Au, 15m @ 1.1g/t Au and 3m @ 2.5g/t Au in drill hole 122072). Additional results from this area are currently pending.

Since the maiden resource estimate last September, more than 44000m have been drilled at Ikkari, aiming to upgrade and expand the resource estimate, while a further 25000 meters have been allocated to other targets.

 

Area 1 discoveries – Rupert Resources (Source: www.rupertresources.com)