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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

Bullboard Posts
Post by flyonon Sep 22, 2004 2:45pm
299 Views
Post# 7951716

deep mining

deep mining"Several deep mines in Ontario will soon reach below 8,000 feet (2,500 metres). South Africa operates the deepest mines in the world, at 10,000 to 13,000 feet (3,000 to 4,000 metres). Anglogold’s Western Deep Levels mine in South Africa is the world’s deepest mine at 12,300 feet (3,777 metres). At the present time, Ontario operates close to 60 hoisting plants. “We’re seeing that shallow ore bodies are disappearing quite quickly,” he says. The wave of the future, he believes, will be in exploring for, and exploiting, deeper and deeper mines." https://www.nob.on.ca/HealthSafety/headlines.asp?159id115-pn=&view=30425
Bullboard Posts