EXPLORATION & DEVELOPMENT

Prospectivity of Rupert's Pahtavaara highlighted

An updated regional geology interpretation at Rupert Resources’ (TSX-V:RUP) Pahtavaara project in the Central Lapland greenstone belt of Northern Finland has highlighted the prospectivity for further orogenic-style gold occurrences.

Staff reporter
Regional and prospect scale faulting in the Pahtavaara project area in Finland

Regional and prospect scale faulting in the Pahtavaara project area in Finland

The company noted the project area had been studied broadly to understand whether the geological area included the main conditions required for orogenic gold mineralisation, and work done so far had shown it did exhibit all the key criteria.

Rupert CEO James Withall said the interpretation was the culmination of a number of work programmes over the past year and demonstrated the results of the systematic approach taken towards exploration at the project.

"The company acquired a vast amount of existing data with the Pahtavaara asset and has been able to combine that with high resolution UAV magnetic surveys and updated geological and structural mapping, to develop a comprehensive new regional structural geological and mineralisation model", he said.

"The results demonstrate the potential for further significant orogenic gold occurrences to be discovered within the licence area held by the company."

Rupert said its current summer fieldwork was progressing well, with the six field geologists already having covered over 100sq.km of the higher priority mapping areas in the western extents of the 290sq.km licence area.

They had found numerous previously unmapped outcrop areas, many with similar host assemblages alteration styles and quartz carbonate veining/alteration as observed at the Pahtavaara deposit.

The company also started base of till drilling began in June on the Western Extension target located around 5km west of the Pahtavaara mine and will move drilling to further targets prioritised on evidence from the structural study, extensive geophysical data and the field geologists' mapping and sampling programmes.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.