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).

TSX:RUP - Post by User

Rupert Resources Ltd

Bullboard Posts

Comment by ausumon Oct 14, 2004 10:05pm

213 Views

Post# 8050282

RE: Rupert to raise $4.05M with FT Financing

Flow through financing attractive to Canadian investors and funds go directly into the ground . When drilling done company will still have most of the hard dollars from last financing .If drilling results are not Fairly spectacular, price will surely drop , as 5,000 feet is a long way down and expensive per hole. At least they will still have a few million in the till. Good luck to all longs on this play.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario