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 [...]
Rupert Resources is pleased to announce that it intends to complete a non-brokered private placement of up to 6,024,096 common shares of the Company at a price of $0.83 per Common Share for gross proceeds of up to $5,000,000. The Company has the option to increase the size of the Private Placement by up to an additional 903,614 Common Shares, for total gross proceeds of up to $5,750,000 The Private Placement is subject to [...]
Rupert Resources Ltd. announces its results for the third quarter of 2017 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 nine months ended November 30, 2017, the Company spent $6,070,112 on exploration activities at Pahtavaara. As at November 30, 2017, the Company had cash and cash equivalents of [...]
TORONTO, Jan. 15, 2018 -- Rupert Resources Ltd. is pleased to announce that it has entered into a binding letter of intent dated effective January 15, 2018 with Northern Aspect Resources Ltd. to complete a business combination, whereby the Company has agreed, subject to certain conditions, to acquire all of the issued and outstanding securities of NARL . James Withall, Chief Executive Officer of Rupert Resources, said [...]
TORONTO, Dec. 19, 2017 -- Rupert Resources Ltd. announces that further to the appointment of Mr. Jeffrey L. Karoly as Chief Financial Officer as per the Company’s November 7, 2017 press release, and in order to streamline management, Mr. Karoly has been appointed Corporate Secretary of the Company. Mr. Gordon Chmilar who held the role previously will continue to act as an advisor to the Company. Also, Max [...]
TORONTO, Nov. 22, 2017 -- Rupert Resources Ltd. is pleased to announce the results of its recently completed Annual General and Special Meeting of shareholders. All matters submitted to shareholders, including the election of James Withall, Susan Milton, Brian Hinchcliffe, Mike Sutton and Robert Suttie as directors, were approved. Mr. Rob Suttie has joined the Board in place of Mr. Arthur Millholland, who did not seek [...]