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Exploration Update From Rupert Resources

Rupert Resources provided several updates on its flagship Ikkari project and regional exploration efforts. In preparation for a pre-feasibility study for the Ikkari deposit, the company recently completed metallurgical test work, achieving excellent gold recoveries, with an overall recovery rate of 96.4% through a combination of simple gravity and leach circuits. Geotechnical drilling at Ikkari continues to deliver exceptional gold intercepts, as highlighted by the recent hole 124054, which returned 192m @ 3.6g/t Au. The company has also commenced its 2024/25 exploration drilling program, focusing on several high-priority areas, outlined on the map below.

Rupert Resources

Updated lithological and structural map of the wider Area 1 project with highlighted high-priority prospects for the 24/25 exploration drilling season (Source: www.rupertresources.com)

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