TORONTO, Aug. 01, 2018 -- Rupert Resources Ltd. announces the issue of options to acquire shares in the Company in accordance with the Company’s Stock Option Plan dated August 6, 2010 . The Company granted a total of 2,625,000 options to certain directors, officers and employees of the Company. The options were granted on August 1, 2018 with an exercise price of $1.00 per share. The options are exercisable for a [...]
TORONTO, July 30, 2018 -- Rupert Resources Ltd. reports an updated regional geology interpretation for the Pahtavaara Project in the Central Lapland Greenstone Belt of Northern Finland . The Pahtavaara Project comprises a permitted 1,400tpd mill, 35km of underground infrastructure and a contiguous regional land package of 290km2. Extract from regional study prepared by Dr. Brett Davis, consulting structural geologist to [...]
TORONTO, July 27, 2018 -- Rupert Resources Ltd. announces its results for the first quarter ending May 31, 2018 and provides an update on exploration and development at its permitted Pahtavaara gold project in the Central Lapland Greenstone Belt of Northern Finland. During the three months ended May 31, 2018, the Company spent $896,010 on exploration activities at Pahtavaara. As at May 31, 2018, the Company had cash and [...]
TORONTO, June 25, 2018 -- Rupert Resources Ltd. announces the retirement of Brian Hinchcliffe as Executive Chairman and the appointment of Gunnar Nilsson as Non Executive Chairman. Brian Hinchcliffe has stepped aside to focus on other business interests but will continue to act as an advisor to the Company. Brian Hinchcliffe, outgoing Executive Chairman of the Company said, “Northern Finland has emerged in the last [...]
TORONTO, June 06, 2018 -- Rupert Resources Ltd. announces that it has published its audited financial results for the twelve months ending February 28, 2018 and accompanying Managements Discussion and Analysis for the same period. Both of the above have been posted on the Company’s website www.rupertresources.com and on SEDAR at www.sedar.com. During the 12 months ending February 28, 2018, the Company spent [...]
TORONTO, May 30, 2018 -- Rupert Resources Ltd. reports that on May 30th 2018 it filed a technical report prepared in accordance with National Instrument 43-101 on the Pahtavaara Gold Project . The Report supports the disclosure made by the Company in its news release on April 16th, 2018 entitled "Rupert Resources reports NI 43-101 Inferred Resource for the Pahtavaara Project in Northern Finland" and there are no material [...]
Rupert Resources announces the initial results from its underground sampling programme including a sample of 3100g/t Au over 0.5m and expands licence by 65km2 at the Pahtavaara Project in the Central Lapland Greenstone Belt of Northern Finland . The Pahtavaara Project comprises a permitted 1,400tpd mill, 35km of underground infrastructure and a land package of 290km2. Long section of Samurai zone looking North showing [...]
TORONTO, May 15, 2018 -- Rupert Resources Ltd. is pleased to announce that it has received final approval from the TSX-V, which was the final condition precedent to proceed with the acquisition of all the issued and outstanding securities of Northern Aspect Resources Ltd. . The transaction was initially announced in a Company press release dated January 15, 2018, indicating that the Company and NARL had entered into a [...]
TORONTO, April 16, 2018 -- Rupert Resources Ltd. announces a baseline resource for its Pahtavaara Project in the Central Lapland Greenstone Belt of Northern Finland . The Pahtavaara Project comprises a permitted 1,400tpd mill, 35km of underground infrastructure and a land package of 225km2. FIGURE 1 - – CUT OFF 1.5G/T FIGURE 2 – – CUT OFF 1.5G/T Figure 3. Log probability plot different sampling types [...]
TORONTO, March 19, 2018 -- Rupert Resources Ltd. is pleased to announce that it has entered into a binding definitive share exchange agreement dated effective March 16, 2018 with Northern Aspect Resources Ltd. and all the shareholders of NARL, to provide for the completion of a business combination, whereby the Company has agreed, subject to certain conditions, to acquire all of the issued and outstanding securities of [...]
March 02, 2018 -- Rupert Resources Ltd. is pleased to announce that it has now closed its previously announced non-brokered private placement and has issued 5,903,615 common shares of the Company at a price of $0.83 per Common Share for gross proceeds of $4,900,000 . The Company intends to use the proceeds from the Private Placement for its continued exploration program of the Pahtavaara project and general corporate [...]
TORONTO, March 01, 2018 -- Rupert Resources Ltd. provides an update on its activities at the Pahtavaara Project in the Central Lapland Greenstone Belt in northern Finland. The Pahtavaara Project comprises 225km2 of contiguous licences, a permitted 1400tpd mill and 35km of underground infrastructure. Figure 1. Plan view of Pahtavaara showing significant intercepts and emergence of new zones Figure 2. Pahtavaara long [...]