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RUPERT RESOURCES LTD - RUPRF STOCK NEWS

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Rupert Resources Ltd (RUPRF) is a Canadian based gold exploration and development company with a focus on advancing its key asset, the Pahtavaara project, located in Finland. The company is dedicated to discovering and developing high-grade gold deposits, with a strong emphasis on sustainable and responsible mining practices. Rupert Resources is committed to creating long-term value for its shareholders through strategic exploration, resource expansion, and project development.
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Rupert Resources has reported significant assay results from its recent project drilling at the Ikkari deposit. The highlights include drill hole #124043, which intersected 120 meters at 6.2g/t gold, marking the third-best intercept to date at Ikkari. Additional notable results include 22 meters at 2.9g/t gold and 56 meters at 3.5g/t gold. Drill hole #124041 recorded 28 meters at 9.7g/t gold and 13 meters at 34.5g/t gold, including 1 meter at 294g/t gold.

The latest drilling results are part of an ongoing program aimed at enhancing the confidence in the approximately 4Moz Indicated Mineral Resource Estimate and providing data for metallurgical testing and advanced engineering studies. The project is advancing well with a prefeasibility study targeted for delivery in the second half of 2024. CEO James Withall emphasized the continuity and high-grade nature of the mineralization near the surface, which is favorable for open-pit mining.

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Rupert Resources reports follow-up assay results from the Heinä South satellite target and project drilling at Ikkari. The new results extend the broader mineralized zone, with high-grade intercepts like 10.5g/t Au over 24.40m and 112.5g/t Au over 2m. Project drilling at Ikkari continues to provide exceptional width and grade continuity, increasing confidence in the ~4Moz Indicated Resource. CEO James Withall expressed excitement over the results, highlighting the potential for higher grades and continuous mineralization. The winter drilling campaign focused on exploration at Heinä South and project drilling at Ikkari to enhance the Mineral Resource Model and future engineering studies.

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Rupert Resources announces the retirement of Non-Executive Director George Ogilvie. The company highlights Ogilvie's significant contributions, including the delineation of the 4Moz Ikkari deposit, financings of over $120 million, and a potential value of $1.6 billion. Rupert expresses gratitude for Ogilvie's leadership and insights over the past four years.
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Rupert Resources Ltd. confirms preliminary discussions with B2Gold Corporation to potentially purchase B2Gold's 70% interest in a joint venture near the Company's flagship Ikkari project in Finland.
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Rupert Resources Ltd. reports positive follow-up assay results from its Heinä South satellite target and Ikkari, confirming broader mineralized zones. The company achieved wide and high-grade intercepts, with ongoing drilling and pending results. CEO James Withall highlights continuous mineralization at Heinä South and the focus on advancing project engineering. The geological interpretations of Ikkari and Heinä South reveal detailed mineralization characteristics and potential for further resource estimation.
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Rupert Resources Ltd. reports new results from its Heinä South satellite target, confirming the mineralized trend over 1km and providing evidence of broader mineralized zones. The results include high-grade gold intercepts, part of the ongoing winter drill program focused on new targets in Area 1, Ikkari depth and lateral extensions, and new generative discoveries. The CEO emphasized the exceptional prospectivity of the region and the potential to find satellite orebodies in close proximity to Ikkari. The press release also details the geological interpretation and the review by the Qualified Person, along with figures and tables showcasing the location of new drilling and intercepts at Heinä South.
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Rupert Resources Ltd appoints Riikka Aaltonen as Independent Non-Executive Director, grants her 200,000 options, and thanks retiring Director Susan Milton. Aaltonen brings significant experience in Finnish legislature, policy, and governance, and will contribute to progressing the Ikkari gold deposit towards production. The options were awarded with an exercise price of $3.53 per share, representing 2.5% of the issued and outstanding shares of the Company.
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Rupert Resources Ltd announces financial results with $43.6 million cash, updated Mineral Resource Estimate for the Ikkari Project, intensified exploration activities, and a pre-feasibility study. The company spent $20,380,006 on exploration projects, recorded a net loss of $(4,163,418), and is focusing on the Rupert Lapland Project Area and Ikkari.
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Rupert Resources Ltd (Rupert) appoints Bill Washington as an Independent Non-Executive Director, effective immediately. Mr. Washington will also sit on the Audit and Remuneration committees. The company awarded 200,000 options to Mr. Washington with an exercise price of $4.12 per share. Following the award, there are 5,093,481 options outstanding under the Plan, representing 2.5% of the issued and outstanding shares of the Company.
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Rupert Resources Ltd. (Rupert) reports an updated Mineral Resource Estimate for its Ikkari Project showing a total Indicated Resource of 58.43 million tonnes (Mt) at a grade of 2.18 grams per tonne of gold (g/t Au) for 4.09Moz contained gold. The company also provides an update on the 2023/24 winter drilling campaign. The updated Ikkari Mineral Resource Estimate categorizes 96% of the resource ounces in the Indicated category, reflecting the outstanding quality and cohesive nature of the Ikkari deposit. Rupert continues to progress the Pre-Feasibility Study (PFS) for Ikkari, targeting completion to allow submission of the EIA Report document in 2024.
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FAQ

What is the current stock price of RUPERT RESOURCES (RUPRF)?

The current stock price of RUPERT RESOURCES (RUPRF) is $3.05 as of October 14, 2024.

What is the market cap of RUPERT RESOURCES (RUPRF)?

The market cap of RUPERT RESOURCES (RUPRF) is approximately 670.7M.

Where is Rupert Resources Ltd based?

Rupert Resources Ltd is a Canadian based company, with its headquarters located in Toronto, Canada.

What is the core business of Rupert Resources Ltd?

The core business of Rupert Resources Ltd is gold exploration and development, with a focus on advancing high-grade gold deposits.

What is the key asset of Rupert Resources Ltd?

The key asset of Rupert Resources Ltd is the Pahtavaara project, located in Finland.

What is the company's approach to mining practices?

Rupert Resources Ltd is dedicated to sustainable and responsible mining practices, focusing on creating long-term value for its shareholders.

What are the strategic goals of Rupert Resources Ltd?

The strategic goals of Rupert Resources Ltd include exploration, resource expansion, and project development to drive long-term value creation.

How does Rupert Resources Ltd create value for its shareholders?

Rupert Resources Ltd creates value for its shareholders through strategic exploration, resource expansion, and project development.

What is the focus of Rupert Resources Ltd in the gold exploration sector?

Rupert Resources Ltd focuses on discovering and developing high-grade gold deposits, with an emphasis on sustainable mining practices.

What sets Rupert Resources Ltd apart in the industry?

Rupert Resources Ltd stands out in the industry for its commitment to sustainability, responsible mining practices, and creating long-term value for shareholders.

What projects is Rupert Resources Ltd currently working on?

Rupert Resources Ltd is currently focused on advancing its key asset, the Pahtavaara project in Finland, through strategic exploration and development.

How can investors benefit from investing in Rupert Resources Ltd?

Investors can benefit from investing in Rupert Resources Ltd by gaining exposure to the potential of high-grade gold deposits, sustainable mining practices, and long-term value creation.

Is Rupert Resources Ltd publicly traded?

Yes, Rupert Resources Ltd is publicly traded on the stock exchange under the symbol RUPRF.

RUPERT RESOURCES LTD

OTC:RUPRF

RUPRF Rankings

RUPRF Stock Data

670.69M
182.77M
16.04%
15.83%
Gold
Basic Materials
Link
United States of America
Toronto