Rupert Resources (RUP-V) June 15, '16 is pleased to announce that its inaugural drill program on the permitted Pahtavaara gold mine, located in Northern Finland, will commence today as planned. This drilling program seeks to expand reserves and resources at the mine's open pit and underground targets. Other work programs, including trenching and open pit mapping and sampling are expected to commence next week, after drilling start-up. Rupert has a six month option, ending September 15, 2016, to acquire the Pahtavaara gold mine, mill and exploration permits and concessions representing a 124 square kilometer land position (see the Corporation's March 17, 2016 and June 9, 2016 press releases).
The Corporation also announces the appointment of Gordon Chmilar as Corporate Secretary, replacing Jo-Anne Archibald who has resigned from such office. Mr. Chmilar is a partner with global law firm Gowling WLG. For over ten years, his practice has focused on corporate finance and mergers and acquisitions.
About Rupert
Rupert is a Canadian based gold exploration and development company that is listed on the TSX Venture Exchange under the symbol "RUP". The Corporation holds an option to acquire the Pahtavaara gold mine, mill and exploration permits and concessions located in the Central Lapland Greenstone Belt in Northern Finland for US$2.5 million in total consideration (see the Corporation's March 17, 2016 press release). It also holds a 100% interest in the Gold Centre property, which consists of mineral claims located in the Balmer Township, Red Lake Mining Division of Ontario.
Rupert Resources Ltd.
Brian Hinchcliffe
President and Chief Executive Officer
+1 (914) 815 2773
info@rupertresources.com
www.rupertresources.com |
