Rupert Resources is a Canadian gold exploration company seeking to find multi-million-ounce gold discoveries in Northern Finland. The company owns 451 km2 of highly prospective acreage along key structural trends in the Central Lapland Greenstone Belt. The company’s exploration acreage is close to a 100% owned and permitted mill. A 60,000-m exploratory drilling program is currently underway and numerous discoveries have already been made. The company program is fully funded through 2023.

The Ikkari deposit is a large greenstone-belt-hosted gold occurrence situated about 50 km southeast of Agnico Eagle’s Kittila Mine, which is the largest gold mine in Europe. Rupert Resources’ 2021 program at Ikkari has set out to drill over 60,000 m and many of the holes drilled so far have successfully penetrated high-grade ore. For example, two recent intercepts encountered gold-bearing zones of up to 8.9 g/t over 23 m and 4.4 g/t over 188 m. 

The company has developed a highly systematic exploration approach that they have diligently applied at Ikkari. That approach, along with setting out clear goals and the development of a new technique has propelled the company’s success over the last year. 

Currently, the market, and in particular the analyst community, is eagerly interested in Rupert Resources being able to advance Ikkari.  So many exploration companies simply stay in the exploration phase and do not reach the prize of cash flow for shareholders. 

Next summer, Rupert Resources plans on delivering a PEA and after that, they intend on quickly submitting a PFS study followed by an EIA submission. All of this is designed to bring Ikkari into production as expeditiously as possible.