PRESS RELEASE
Thursday June 9 2016 - News Release
Mr. Brian Hinchcliffe reports
RUPERT RESOURCES LTD.: DRILLING TO COMMENCE AT FINLAND'S PAHTAVAARA GOLD MINE; SUSAN MILTON JOINS RUPERT AS DIRECTOR
Rupert Resources Ltd. will launch its inaugural drill program next week on the permitted Pahtavaara gold mine, located in Northern Finland, which it has optioned for the six-month period ending Sept. 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, centring 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-kilometre land position offers the possibility for significant growth for Rupert Resources," commented Brian Hinchcliffe, president and chief executive officer 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. Ms. Milton has two decades of experience as an investor and investment adviser 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 and markets from Arizona State University.
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