Rupert Resources Provides Ikkari Project Update
Rupert Resources (TSX: RUP) provided an update on its Ikkari Project Prefeasibility Study (PFS) and exploration programs. The company plans to publish the PFS report in Q1 2025, with the Definitive Feasibility Study (DFS) to follow. Key 2024 highlights include the discovery of a new high-grade zone at Heinä South, metallurgical test work confirming simplified flowsheet with over 95% recoveries, and progression of advanced engineering.
Important 2025 catalysts include drilling of Ikkari satellites in Q1, PFS publication in Q1, and Environmental Impact Assessment submission in H2. Recent exploration focused on the Rajala Line east of Ikkari, where IP surveys identified locations sharing similar structural settings to Ikkari. Follow-up drilling at Heinä South will target previous high-grade intersections of 25m at 16.5g/t Au and 24.4m at 10.5g/t Au.
Rupert Resources (TSX: RUP) ha fornito un aggiornamento sul suo Progetto Ikkari riguardo lo Studio di Prefattibilità (PFS) e i programmi di esplorazione. L'azienda prevede di pubblicare il rapporto PFS nel primo trimestre del 2025, seguito dallo Studio di Prefattibilità Definitivo (DFS). I punti salienti del 2024 includono la scoperta di una nuova zona ad alta legge a Heinä South, lavori di test metallurgici che confermano uno schema semplificato con oltre il 95% di recupero, e l'avanzamento dell'ingegneria avanzata.
I principali fattori di catalisi per il 2025 includono la perforazione dei satelliti Ikkari nel primo trimestre, la pubblicazione del PFS nel primo trimestre e la presentazione della Valutazione di Impatto Ambientale nel secondo semestre. Recenti esplorazioni si sono concentrate sulla Rajala Line a est di Ikkari, dove i sondaggi IP hanno identificato luoghi con impostazioni strutturali simili a quelle di Ikkari. Le perforazioni di follow-up a Heinä South mireranno a precedenti intersectioni ad alta legge di 25m a 16.5g/t Au e 24.4m a 10.5g/t Au.
Rupert Resources (TSX: RUP) proporcionó una actualización sobre su Proyecto Ikkari respecto al Estudio de Prefactibilidad (PFS) y los programas de exploración. La empresa planea publicar el informe PFS en el primer trimestre de 2025, con el Estudio de Prefactibilidad Definitivo (DFS) a seguir. Los aspectos destacados de 2024 incluyen el descubrimiento de una nueva zona de alta ley en Heinä South, trabajos de prueba metalúrgica que confirman un flujo simplificado con más del 95% de recuperación, y el progreso en la ingeniería avanzada.
Los catalizadores importantes para 2025 incluyen la perforación de los satélites de Ikkari en el primer trimestre, la publicación del PFS en el primer trimestre y la presentación de la Evaluación de Impacto Ambiental en el segundo semestre. La reciente exploración se centró en la Rajala Line al este de Ikkari, donde los estudios IP identificaron ubicaciones con configuraciones estructurales similares a Ikkari. Las perforaciones de seguimiento en Heinä South se dirigiran a intersecciones de alta ley anteriores de 25m a 16.5g/t Au y 24.4m a 10.5g/t Au.
루퍼트 리소스 (TSX: RUP)는 이카리 프로젝트의 타당성 조사(PFS) 및 탐사 프로그램에 대한 업데이트를 제공했습니다. 이 회사는 2025년 1분기에 PFS 보고서를 발표할 계획이며, 그에 따라 Definitive Feasibility Study(DFS)가 이어질 것입니다. 2024년의 주요 사항으로는 헤이나 사우스에서의 새로운 고품위 지역 발견, 95% 이상의 회수를 확인하는 금속공학 테스트 작업, 고급 엔지니어링의 진행이 포함됩니다.
2025년의 중요한 촉매제는 1분기에 이카리 위성의 시추, 1분기에 PFS 발행, 2반기에 환경 영향 평가 제출을 포함합니다. 최근 탐사는 이카리 동쪽의 라잘라 라인에 초점을 맞추었으며, 여기서 IP 조사로 이카리와 유사한 구조적 설정을 공유하는 위치가 확인되었습니다. 헤이나 사우스에서의 후속 시추는 25m에서 16.5g/t Au 및 24.4m에서 10.5g/t Au의 이전 고품위 교차점을 목표로 합니다.
Rupert Resources (TSX: RUP) a fourni une mise à jour sur son Projet Ikkari concernant l'Étude de Préfaisabilité (PFS) et les programmes d'exploration. La société prévoit de publier le rapport PFS au premier trimestre 2025, suivi de l'Étude de Faisabilité Definitive (DFS). Les faits marquants de 2024 incluent la découverte d'une nouvelle zone à haute teneur à Heinä South, des travaux d'essai métallurgiques confirmant un schéma simplifié avec plus de 95 % de récupérations, et l'avancement de l'ingénierie avancée.
Les principaux catalyseurs pour 2025 comprennent le forage des satellites Ikkari au premier trimestre, la publication du PFS au premier trimestre, et la soumission de l'Évaluation de l'Impact Environnemental au second semestre. Les explorations récentes se sont concentrées sur la ligne Rajala à l'est d'Ikkari, où des enquêtes IP ont identifié des emplacements partageant des configurations structurelles similaires à Ikkari. Le forage de suivi à Heinä South visera des intersections antérieures de haute teneur de 25 m à 16,5 g/t Au et 24,4 m à 10,5 g/t Au.
Rupert Resources (TSX: RUP) hat ein Update zu seinem Ikkari-Projekt hinsichtlich der Machbarkeitsstudie (PFS) und der Explorationsprogramme gegeben. Das Unternehmen plant, den PFS-Bericht im ersten Quartal 2025 zu veröffentlichen, gefolgt von der Definitiven Machbarkeitsstudie (DFS). Wichtige Highlights für 2024 sind die Entdeckung einer neuen hochgradigen Zone in Heinä South, metallurgische Testarbeiten, die einen vereinfachten Fluss mit über 95% Rückgewinnungsquote bestätigen, und der Fortschritt der fortgeschrittenen Ingenieurarbeiten.
Wichtige Katalysatoren für 2025 sind die Bohrungen von Ikkari-Satelliten im ersten Quartal, die Veröffentlichung des PFS im ersten Quartal und die Einreichung der Umweltverträglichkeitsprüfung im zweiten Halbjahr. Jüngste Erkundungen konzentrierten sich auf die Rajala-Linie östlich von Ikkari, wo IP-Umfragen Standorte identifizierten, die ähnliche strukturelle Gegebenheiten wie Ikkari aufweisen. Nachfolgende Bohrungen in Heinä South werden auf vorherige hochgradige Schnitte von 25m bei 16.5g/t Au und 24.4m bei 10.5g/t Au abzielen.
- Metallurgical test work confirms over 95% recovery rates
- Discovery of new high-grade zone at Heinä South, 1km from Ikkari
- Critical path items for PFS including mine, mill and waste facility design completed
- IP survey successfully identified multiple promising drilling targets
- None.
Figure 1: Exploration Targets Winter 2025 (A: Ikkari Deposit, B: Heina South, C: Rajala Line IP survey area) (Graphic: Business Wire)
Graham Crew, new Chief Executive Officer of Rupert Resources says “After two months in the role, I am more excited than ever about the opportunities at Ikkari and across our
2024 Highlights
- Discovery of new zone with high grade potential at Heinä South (1km from Ikkari)
-
Results from metallurgical test work for Ikkari confirm simplified flowsheet for project with recoveries of over
95% - Progression of advanced engineering for PFS and subsequent DFS
2025 catalysts
- Drilling of Ikkari satellites (Q1 2025)
- Publication of PFS for Ikkari (Q1 2025)
- Submission of EIA for Ikkari in (H2 2025)
Ikkari project update
The company is in the final stages of completing its PFS for Ikkari with critical path items including mine, mill and waste facility design finished and final review underway. The study will be published in Q1 2025 with work on a Definitive Feasibility Study planned to commence shortly afterwards. The Environmental Impact Assessment (EIA) Report is planned for submission in H2 2025, with excellent progress on the EIA program over 2024.
Exploration update
The focus of the exploration team over the last few months has been the progression of a number of key targets along the main regional structure east of Ikkari (“The Rajala Line”). Previous scout drilling has confirmed the same intercalated ultramafic and sedimentary units that host the Ikkari deposit up to 15km along strike to the east. During the Autumn, a wide spaced Induced Polarization (IP) survey was undertaken to identify areas at depth that exhibit a similar structural setting to Ikkari (Figure 1). The survey has successfully outlined several locations along strike which share a similar large-scale structural setting to that at Ikkari. Given that these do not sub-crop below the glacial till they would not be expected to present a Base of Till (BoT) anomaly which has been the primary targeting tool for the other seven discoveries in Area 1. Follow-up drill testing of these settings will be prioritized in 2025. During Q1 2025 focus will also return to Heinä South where drilling intersected 25m at 16.5g/t Au in hole 124019 (see press release 3 March 2024) and 24.4m at 10.5g/t Au in hole 124061 (see press release May 1, 2024) during the previous drill campaign. The objective of the follow up drilling will be to establish a control to the high-grade mineralisation following a detailed geological review of the 2024 program.
About Rupert Resources
Rupert Resources is a gold exploration and development company listed on the Toronto Stock Exchange under the symbol “RUP”. The Company is focused on making and advancing discoveries of scale and quality with high margin and low environmental impact potential. The Company’s principal focus is Ikkari, a new high quality gold discovery in
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Review by Qualified Person, Quality Control and Reports
Craig Hartshorne, a Chartered Geologist and a Fellow of the Geological Society of
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View source version on businesswire.com: https://www.businesswire.com/news/home/20241218551922/en/
For further information:
Graham Crew
Chief Executive Officer
gcrew@rupertresources.com
Thomas Credland
Head of Corporate Development
tcredland@rupertresources.com
Rupert Resources Ltd
82 Richmond Street East, Suite 203,
Tel: +1 416-304-9004 Web: http://rupertresources.com/
Source: Rupert Resources Ltd.
FAQ
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