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Rupert Resources Ltd T.RUP

Alternate Symbol(s):  RUPRF

Rupert Resources Ltd. is a Canada-based gold exploration and development company. The Company’s principal focus is Ikkari, which is a gold discovery in Northern Finland. Ikkari is part of the Company’s Rupert Lapland Project, which also includes the Pahtavaara gold mine, mill, and exploration permits (Pahtavaara). The Rupert Lapland Project is located within the Central Lapland Greenstone Belt (CLGB), part of the Fennoscandian shield, which hosts 1700 known incidences of mineralization in Finland, Sweden, Norway and Russia, including around 80 mines. The Company also holds a 20% carried participating interest in the Gold Centre property located adjacent to the Red Lake mine in Ontario. The Gold Centre property lies to the southeast and within the shadow of the headframe of Evolution Mining’s Red Lake Mine (which has produced 23.8 M ounces of gold at an average grade of greater than 1/2-ounce gold per ton (or greater than 15.6 g/t).


TSX:RUP - Post by User

Post by PACO2on Jan 28, 2021 10:07pm
145 Views
Post# 32417091

So now at Ikkari site alone we have now extended the strike

So now at Ikkari site alone we have now extended the striketo 650m X 200m wide X 500m deep = 65,000,000 cubic meters
Allow 1.65 T per cubic meter =  107 million tonnes 
Take an average of 3 grams per T
107 million X 3 grams =  over 10 million oz in the ground with easy pit access  
@ $150/oz in the ground value  = $1.5 billion US
This is 3X  our current value.....Just for Ikkari deposit
GLTA
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