Rupert resources : drills 137m grading 1.8g/t gold from surface at new area 1 discovery

May 12, 2020 - Rupert Resources Ltd ('Rupert' or 'the Company') today reported results from its ongoing exploration programme at the 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt, Finland.

The Company has drilled a significant gold hosting structural zone at a newly identified target called Ikkari. The target was identified using base of till sampling at Area 1, a 5km long highly prospective section of a regional domain-bounding structure, 20km of which is contained within Rupert's contiguous land holding (see Figure 1).

The Ikkari target is a linear anomaly extending over 500m of strike in base of till sampling. The first two drill holes into the target are located 100m apart (see Figure 2).

1. Hole 120042 intersected137.2m grading 1.8g/t gold from 10.8m, the base of till surface including 7.1g/t gold over 14m from 23m and 10.6g/t over 3m from 27m
2. Hole 120038 intersected54m grading 1.5g/t gold from 25mincluding 4.7g/t over 1m from 35m, 5.2g/t over 2m from 65m and 5.7g/t over 1m from 71m

James Withall, CEO of Rupert Resources commented

'These first two holes at Ikkari are the most significant intersections of our regional exploration program to date, showing continuity of grade, across a broad shear-zone structure. So far, we have only drilled 100m of the interpreted strike; the base of till anomaly has a strike extent over 500m and this is limited only by the current extent of our sampling. Our recent Saittä discovery is proximal to the same regional structure 5km to the east. Rupert's exploration team have demonstrated yet again the success of their systematic approach to exploration delivering a sixth new discovery in just over 12 months.'

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