Rupert Resources is located at the epicentre of a new gold district targeting multi-million ounce gold discoveries in close proximity to a 100% owned permitted mine and mill in Northern Finland at the Pahtavaara project.

The Pahtavaara mine was bought back in 2016 by Rupert Resources and since then the company has been looking for new discoveries outside the mine area. Rupert Resources undertook a comprehensive review of historical data resulting in a new geological model showing the Pahtavaara Project to lie in a domain hosting the confluence of regional scale faults that likely link to crustal scale fracture meshes. Several orders of faulting are represented, which are necessary for crustal scale fluid flow and focusing that can result in deposit formation. 

The Ikkari discovery is just over a year old and has attracted a lot of attention from the market following some excellent drill results. Rupert Resources continue to demonstrate the potential at Ikkari with the planned maiden resource due to be released in August this year. The share price has increased 5 to 6 times during the last 12-14 months so the company and the shareholders are very pleased but Rupert Resources now need to continue to demonstrate why they have an exceptional opportunity with high value assets.

Rupert Resources is well funded to continue to work on the Ikkari project which will move forwards quickly to its maiden resource and towards the PEA. Exploration will also continue alongside the Ikkari project to generate new information to provide the market with evidence of further resources beyond the Ikkari discovery.