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RUPERT RESOURCES LTD - $RUPRF STOCK NEWS

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Rupert Resources reports follow-up assay results from the Heinä South satellite target and project drilling at Ikkari. The new results extend the broader mineralized zone, with high-grade intercepts like 10.5g/t Au over 24.40m and 112.5g/t Au over 2m. Project drilling at Ikkari continues to provide exceptional width and grade continuity, increasing confidence in the ~4Moz Indicated Resource. CEO James Withall expressed excitement over the results, highlighting the potential for higher grades and continuous mineralization. The winter drilling campaign focused on exploration at Heinä South and project drilling at Ikkari to enhance the Mineral Resource Model and future engineering studies.

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Rupert Resources announces the retirement of Non-Executive Director George Ogilvie. The company highlights Ogilvie's significant contributions, including the delineation of the 4Moz Ikkari deposit, financings of over $120 million, and a potential value of $1.6 billion. Rupert expresses gratitude for Ogilvie's leadership and insights over the past four years.
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Rupert Resources Ltd. confirms preliminary discussions with B2Gold Corporation to potentially purchase B2Gold's 70% interest in a joint venture near the Company's flagship Ikkari project in Finland.
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Rupert Resources Ltd. reports positive follow-up assay results from its Heinä South satellite target and Ikkari, confirming broader mineralized zones. The company achieved wide and high-grade intercepts, with ongoing drilling and pending results. CEO James Withall highlights continuous mineralization at Heinä South and the focus on advancing project engineering. The geological interpretations of Ikkari and Heinä South reveal detailed mineralization characteristics and potential for further resource estimation.
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Rupert Resources Ltd. reports new results from its Heinä South satellite target, confirming the mineralized trend over 1km and providing evidence of broader mineralized zones. The results include high-grade gold intercepts, part of the ongoing winter drill program focused on new targets in Area 1, Ikkari depth and lateral extensions, and new generative discoveries. The CEO emphasized the exceptional prospectivity of the region and the potential to find satellite orebodies in close proximity to Ikkari. The press release also details the geological interpretation and the review by the Qualified Person, along with figures and tables showcasing the location of new drilling and intercepts at Heinä South.
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Rupert Resources Ltd appoints Riikka Aaltonen as Independent Non-Executive Director, grants her 200,000 options, and thanks retiring Director Susan Milton. Aaltonen brings significant experience in Finnish legislature, policy, and governance, and will contribute to progressing the Ikkari gold deposit towards production. The options were awarded with an exercise price of $3.53 per share, representing 2.5% of the issued and outstanding shares of the Company.
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Rupert Resources Ltd announces financial results with $43.6 million cash, updated Mineral Resource Estimate for the Ikkari Project, intensified exploration activities, and a pre-feasibility study. The company spent $20,380,006 on exploration projects, recorded a net loss of $(4,163,418), and is focusing on the Rupert Lapland Project Area and Ikkari.
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Rupert Resources Ltd (Rupert) appoints Bill Washington as an Independent Non-Executive Director, effective immediately. Mr. Washington will also sit on the Audit and Remuneration committees. The company awarded 200,000 options to Mr. Washington with an exercise price of $4.12 per share. Following the award, there are 5,093,481 options outstanding under the Plan, representing 2.5% of the issued and outstanding shares of the Company.
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Rupert Resources Ltd. (Rupert) reports an updated Mineral Resource Estimate for its Ikkari Project showing a total Indicated Resource of 58.43 million tonnes (Mt) at a grade of 2.18 grams per tonne of gold (g/t Au) for 4.09Moz contained gold. The company also provides an update on the 2023/24 winter drilling campaign. The updated Ikkari Mineral Resource Estimate categorizes 96% of the resource ounces in the Indicated category, reflecting the outstanding quality and cohesive nature of the Ikkari deposit. Rupert continues to progress the Pre-Feasibility Study (PFS) for Ikkari, targeting completion to allow submission of the EIA Report document in 2024.
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Rupert Resources appoints Andre Lauzon to its Board of Directors. Lauzon will chair the technical committee as the company works towards completing its prefeasibility study for Ikkari. Lauzon also receives 200,000 options with an exercise price of $3.42 per share.
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RUPERT RESOURCES LTD

OTC:RUPRF

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585.77M
171.64M
16.78%
16.38%
Gold
Basic Materials
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United States of America
Toronto