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Rupert Resources Announces Results From Further in-Mine Drilling at Pahtavaara Deposit
TORONTO, ON / ACCESSWIRE / April 8, 2019 / Rupert Resources Ltd ("Rupert" or "the Company") ...
About this update from Rupert Resources Ltd.
[{"type":"text","content":"Rupert Resources Announces Results From Further in-Mine Drilling at Pahtavaara DepositTORONTO, ON / ACCESSWIRE / April 8, 2019 / Rupert Resources Ltd (\"Rupert\" or \"the Company\") is pleased to provide an update on exploration activites at the Pahtavaara Project in the Central Lapland Greenstone Belt of Northern Finland. The Pahtavaara Project comprises a 290km2 contiguous land package and the permitted Pahtavaara mine with an inferred resource of 474kozs and a 1,400tpd mill and tailings facility.James Withall, CEO of Rupert Resources commented \"The drill results reported today build on the geological modelling and underground sampling work undertaken in 2018 and demonstrate the potential for additional resources to be defined at the Pahtavaara deposit. The zones discussed are all near to surface and close to existing infrastructure. The combination of improved understanding of controls on mineralisation at the mine and continuing exciting results from our regional exploration give confidence to our approach to unlock the potential of this prospective region.\"Following Rupert's reappraisal of historical drill data resulting in a new geological model, a limited drilling program totalling 3,128m was undertaken in late 2018 and early 2019 to identify near-surface extensions of known mineralisation in the Pahtavaara mine. The 2018 structural work identified that the bulk of mineralisation (474koz of existing Inferred Resources plus 441koz of depleted resources mined by previous operators) at Pahtavaara was hosted in two plunging zones, Samurai and DB controlled by the intersection of north west and east-north- east structural features. This recent drilling demonstrates the potential for further mineralised plunging shoots in the NFE zone (see Figure 1) that come to surface and show continuity at depth along with further near surface mineralisation in close proximity to the North West (\"NW\") and Main open pits. Further to this, limited drilling at Karoliina West and in the T zone structure showed that mineralisation is open to towards the surface.NFE zoneRupert has completed a number of drilling programs in this area and defined a series of mineralised zones that occur as moderately steep plunging shoots orientated similarly to the previously mined areas at Pahtavaara.The most recent drilling was designed to further delineate t...