103M OF 8G/T GOLD REPORTED FROM IKKARI
Rupert Resources Ltd (“Rupert” or the “Company”), a company advancing the multi-million-ounce Ikkari gold deposit and new regional discoveries at the company’s 100% owned Rupert Lapland Project in Northern Finland, is pleased to announce significant new drilling from its Ikkari Discovery.
- As part of infill drilling, Hole #121160 returned a record 103 metres (m) of 8 grams per tonne gold (g/t Au) from 155m in the central section of the resource, as well as a nearer surface interval of 2.5g/t Au over 80m from 48m. Please see Table 1 in Figures/Tables section at bottom of release for a comprehensive list of assays in one-metre intervals.
Other new drill highlights showcasing broad intervals of gold mineralisation include:
- #121161 returned 105m of 3.5g/t Au
- #121162 returned 41m of 11.8g/t Au, including 30.0g/t Au over 7.4m
Infill drilling continues to return significant intervals of gold mineralisation, in places, at higher grades than estimated in September 2021’s maiden resource estimate.
Ikkari has a National Instrument 43-101 inferred mineral resource estimate of 49 million tonnes (“Mt”) at 2.5 grams per tonne gold (“g/t Au”) for 3.95 million ounces (see Sept. 13, 2021 press release) 1. Approximately 80,000 metres (“m”) of drilling is planned for 2022; 60% focused on upgrading and expanding the Ikkari resource estimate, with the remainder allocated to regional exploration.
James Withall, CEO of Rupert Resources commented “Infill drilling at Ikkari continues to consolidate grade and ounces through the intersection of significantly broad intervals of high- grade gold mineralisation, which are likely to have a positive impact on the economics of the project. Our 2021/22 winter drilling season is building momentum with more rigs turning at Ikkari and other target areas with potential to deliver further discoveries of scale”.
For full release including images and tables download pdf below
