Rupert Resources reported new, shallow, and high-grade mineralization from its Ikkari discovery. Drill hole 122057, drilled in the eastern parts of the deposit returned 59m @ 8g/t Au from 148m (116m vertical) as well as deeper intercepts of e.g. 26m @ 4.5g/t Au from 223m. The company notes that an updated resource estimate, as well as a preliminary economic assessment, will be completed in H2 2022. Over the next 12 months around 75000 drill meters are budgeted to add to the resource through extension and satellites at Ikkari and elsewhere on the company’s five regional target areas.
Cross-section through new, shallow, high-grade intercepts in drill hole 122057 (Source: www.rupertresources.com)