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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 Lockstock1on Mar 30, 2023 10:00pm
223 Views
Post# 35370891

Finnish gold mines

Finnish gold minesI agree with snowshoedb I think this will be an amazing mine once it gets going. Excellent open pit grades and long mine life. Seems can't really go wrong but just a waiting game to get started. Happy to hold.
I've also taken some shares Laiva Gold's current seed round which is a bit further south in Finland. Not quite the grades of Rupert but they have the largest plant in Europe and planning a restart of ops and public listing later this year. This is the email I got from the company that spun them out, Pilar Gold  - Laiva Gold Seed Round
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