Rupert Resources Publishes Sustainability Report for 2023

Rhea-AI Summary

Rupert Resources has published its 2023 Sustainability Report, now available on its website. CEO James Withall highlighted the company's progress in developing the Ikkari project, which aims to be a low-GHG-emissions gold mine due to its access to 100% renewable power, high open pit gold grade, and low strip ratio.

Rupert Resources maintains a three-pronged strategy: discovering high-quality, large deposits with minimal environmental impact; maximizing returns per share through value-accretive investments; and planning long-term sustainable development. The company is in important permitting and development stages for Ikkari and continues to engage with stakeholders to showcase the project's benefits while minimizing environmental impacts.

The TSX Exchange and its Regulation Services Provider do not take responsibility for the report's adequacy or accuracy.

TORONTO--(BUSINESS WIRE)-- Rupert Resources Ltd (“Rupert” or the “Company”) announces that it has published the Company’s Sustainability Report for the period covering 2023. The full report is available on the Company’s website.

James Withall, Chief Executive Officer of Rupert Resources said, “Our third annual sustainability report shows how Rupert Resources continues to move forward with purpose in the development of Ikkari. The project has the potential to become a lowest quartile GHG emissions gold mine due to the project’s access to 100% renewable power, high open pit gold grade and low strip ratio. Rupert Resources’ long-term strategy remains focussed on: (1) discovering deposits of significant scale and quality, characterized by high margins and potential for low environmental impact; (2) ensuring that investments contribute to valuation accretion to maximize returns per share; and (3) developing sustainably and planning for the long term. The Company is now entering the key permitting and development stages for the project and is continuing with its long-term engagement programs to demonstrate the project’s benefits to all stakeholders whilst minimising the environmental impacts of the Company’s activities.

Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements

This press release contains statements which, other than statements of historical fact constitute “forward-looking statements” within the meaning of applicable securities laws, including statements with respect to: results of exploration activities and mineral resources. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “Estimate”, “expect” and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and Estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the general risks of the mining industry, as well as those risk factors discussed or referred to in the Company's annual Management's Discussion and Analysis for the year ended February 29, 2024, available on the Company’s website www.rupertresources.com and on SEDAR www.sedar.com . Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, Estimated or expected. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, Estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company does not intend, and does not assume any obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240711220789/en/

James Withall

Chief Executive Officer

jwithall@rupertresources.com



Thomas Credland

Head of Corporate Development

tcredland@rupertresources.com



Rupert Resources Ltd

82 Richmond Street East, Suite 203, Toronto, Ontario M5C 1P1

Tel: +1 416-304-9004

Web: http://rupertresources.com/

Source: Rupert Resources Ltd

FAQ

What is highlighted in Rupert Resources' 2023 Sustainability Report?

The report highlights Rupert Resources' progress on the Ikkari project, emphasizing its potential to become a low-GHG emissions gold mine due to access to renewable power, high gold grade, and low strip ratio.

Where can I find Rupert Resources' 2023 Sustainability Report?

The 2023 Sustainability Report by Rupert Resources is available on the company's website.

What are the key strategies of Rupert Resources mentioned in the 2023 Sustainability Report?

Rupert Resources focuses on discovering high-quality deposits with low environmental impact, maximizing returns per share, and planning for long-term sustainable development.

What stage is the Ikkari project currently in according to Rupert Resources' 2023 Sustainability Report?

The Ikkari project is in the key permitting and development stages.

How does Rupert Resources plan to minimize the environmental impact of the Ikkari project?

Rupert Resources plans to minimize environmental impact by utilizing 100% renewable power, maintaining high open pit gold grade, and ensuring a low strip ratio in the Ikkari project.