| Rupert Resources begins drilling at Pahtavaara today as planned | |
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TORONTO, ONTARIO--(Stockwatch - June 16, 2016) - Rupert Resources Ltd. ('Rupert' or the 'Corporation') (TSX VENTURE:RUP) inaugural drill program on the permitted Pahtavaara gold mine, located in northern Finland, has begun 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 Sept. 15, 2016, to acquire the Pahtavaara gold mine, mill, and exploration permits and concessions, representing a 124-square-kilometre land position (see the corporation's March 17, 2016, and June 9, 2016, press releases).
The corporation has also appointed 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 10 years, his practice has focused on corporate finance and mergers and acquisitions.
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Rupert Resources Inc
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CODE : RUP.V |
ISIN : CA78165J1057 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Rupert Res. is a gold and copper exploration company based in Canada. Rupert Res. holds various exploration projects in Canada. Its main exploration properties are SURF INLET, GOLD CENTRE and HARP LAKE - RUPERT in Canada. Rupert Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 435.2 millions as of today (US$ 348.0 millions, € 304.8 millions). Its stock quote reached its lowest recent point on February 05, 2016 at CA$ 0.02, and its highest recent level on April 08, 2022 at CA$ 6.77. Rupert Res. has 96 280 000 shares outstanding. |