Rupert Resources Inc

Published : June 14th, 2016

Rupert Resources Ltd.: Drilling to Commence at Finland's Pahtavaara Gold Mine; Susan Milton Joins Rupert as Director

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Keywords :   Finland | Gold Mine |

Rupert Resources Ltd.: Drilling to Commence at Finland's Pahtavaara Gold Mine; Susan Milton Joins Rupert as Director

TORONTO, ONTARIO--(Marketwired - June 9, 2016) - Rupert Resources Ltd. ('Rupert' or the 'Corporation') (TSX VENTURE:RUP) announces that it will launch its inaugural drill program next week on the permitted Pahtavaara gold mine, located in Northern Finland, that it has optioned for the six month period ending September 15, 2016 (see the Corporation's March 17, 2016 press release). This drilling program will seek to expand reserves and resources at the mine's open pit and underground targets, centering on the Karolina orebody discovered before the mine ceased its operations in 2014.

'The exploration potential at Pahtavaara is an excellent challenge for our exploration team and if successful can permit the mine to return to production as a low cost producer of gold. The abundance of targets close to production infrastructure inside Pahtavaara's 124 square kilometer land position offers the possibility for significant growth for Rupert Resources,' commented Brian Hinchcliffe, President and CEO of Rupert. 'As the company steps up its corporate activity, we are pleased to have Susan Milton join the Board.'

Susan Milton has been appointed as a Non-Executive Director and to the Audit Committee of the Corporation. Susan has two decades of experience as an investor and investment advisor with a focus on the mining sector. Ms. Milton began her career at Moss Lawson & Co before continuing at Richardson Greenshields & Sons, RBC Dominion Securities, Ocean Equities and Macquarie Private Wealth. Ms. Milton holds an MBA with a specialization in Financial Management & Markets from Arizona State University.

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Data and Statistics for these countries : Finland | All
Gold and Silver Prices for these countries : Finland | All

Rupert Resources Inc

CODE : RUP.TO
ISIN : CA78165J1057
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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. Its market capitalisation is CA$ 375.5 millions as of today (US$ 276.6 millions, € 247.8 millions).

Its stock quote reached its highest recent level on May 02, 2024 at CA$ 4.50, and its lowest recent point on August 09, 2024 at CA$ 3.28.

Rupert Res. has 96 280 000 shares outstanding.

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Annual reports of Rupert Resources Inc
2007 Annual Report
Financings of Rupert Resources Inc
4/17/2013Completes Increased $510,000 Non-Brokered Private Placement
5/9/2008 has closed on its previously announced private placement
Nominations of Rupert Resources Inc
10/22/2012Appoints Chief Financial Officer and Corporate Secretary
Project news of Rupert Resources Inc
6/19/2016Rupert Resources begins drilling at Pahtavaara today as plan...
6/19/2016Rupert Resources begins drilling at Pahtavaara
3/25/2016Rupert announced on March 15, 2016 that it has signed a six ...
3/25/2016Rupert announces that it has signed a six month option agree...
7/18/2013(Gold Centre)Commences Exploration Work on Its Red Lake Gold Centre Prope...
Corporate news of Rupert Resources Inc
6/14/2016Rupert Resources Ltd.: Drilling to Commence at Finland's Pah...
3/25/2016RUPERT RESOURCES ANNOUNCES APPOINTMENT OF BRIAN HINCHCLIFFE ...
12/17/2014Rupert Resources Completes Non-Brokered Private Placement
12/9/2014Rupert Resources Revises Previously Announced Non-Brokered P...
11/21/2014Rupert Resources Announces $150,000 Non-Brokered Private Pla...
5/20/2014Rupert Resources Ltd. Announces Grants of Stock Options
7/23/2013Announces Annual and Special Meeting of Shareholders and Ado...
4/11/2013Announces Directorate Changes
3/21/2013Announces Exploration Update
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TORONTO (RUP.TO) (RUPRF)
3.90+0.52%2.860.00%
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