Rupert Resources Ltd T.RUP

Alternate Symbol(s): RUPRF

Metals & Mining Gold

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).

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Rupert Resources Ltd > And again CEO demonstrates potential size of RUP

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Comment by Nodga2000on Jul 16, 2021 5:02am

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RE:RE:RE:RE:RE:RE:And again CEO demonstrates potential size of RUP

I agree with PACO here and it's not just Ikkari that is potentially huge, within Area 1 (which is only a small parcel of RUP's land package) it looks like there could be another Ikkari. I'd be amazed if in a few years time we don't see several open pits in Area 1, but likely RUP will be taken out before then in the double digits.
You wouldn't have seen such a successful raise at $5.30 if all those new and existing shareholders that came in didn't think the same.

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