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02/24/14 - C$0.23
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rupert resources ltd (RUP) Details

Rupert Resources Ltd., an exploration stage company, acquires, explores, and develops natural resource properties in Canada. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Surf Inlet Gold property in northern British Columbia; and a 100% interest in the Gold Centre property in north western Ontario. The company is headquartered in Toronto, Canada.

rupert resources ltd (RUP) Top Compensated Officers

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Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

rupert resources ltd (RUP) Key Developments

Rupert Resources Ltd. Auditor Raises 'Going Concern' Doubt

Rupert Resources Ltd. filed its Annual on Jun 27, 2014 for the period ending Feb 28, 2014. In this report its auditor, McGovern, Hurley, Cunningham, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Rupert Resources Ltd. Appoints Arthur S. Millholland, P.Geo to its Board of Directors

Rupert Resources Ltd. announced the appointment of Mr. Arthur S. Millholland, P.Geo to its Board of Directors. Mr. Millholland is the President and CEO of Canadian Overseas Petroleum Limited, a position held since August 2009. Under the direction of Mr. Millholland, the company identified and is exploring, in a Joint Venture with the world's major integrated oil companies, a very promising deep-water oil exploration offshore of Liberia in West Africa. Prior thereto, Mr. Millholland was a Director and the President and CEO of Oilexco from 1994 until July 2009.

Rupert Resources Ltd. Announces Results of Summer Exploration Work on its Red Lake Gold Centre Property

Rupert Resources Ltd. announced results of its summer 2013 exploration program consisting of geological and geophysical surveys on its Gold Centre Property (the "Property") in the prolific Red Lake gold camp. The property is located adjacent to the producing Red Lake Mine of Goldcorp. The exploration program consists of both 3D and 2D induced polarization ("IP") and ground magnetic surveys in conjunction with geological mapping and litho-geochemical sampling work. The 3D survey was conducted with Abitibi Geophysics' IPower3D system, which is a true 3D array resistivity/IP topographical imaging survey of the deeper targets. A total of six anomalous trends are interpreted - Three Strong to Very Strong IP anomalies are identified on the North grid. By far, the two strongest anomalies are GCN-03 and GCN-05, located south of tie line +750S, in an East-West direction. These anomalies have both the chargeable and low resistivity (conductive) signatures indicative of mineralization associated with a contact boundary. They seem to correspond well with a contact zone of complexly folded and faulted conglomerate and Balmer mafic metavolcanic. In addition to this contact zone, the source for these anomalies may also be the Balmer metavolcanics- as evidenced by a combination of the appearance of an extension of these anomalies at further depth and a superimposition of the anomalies onto the lithological map. The strength and size of the chargeability anomalies suggest that their source is deeper than the anomalies themselves. However, limited vertical extent of this 3D IP survey prevents further vertical extrapolation to the causative source body beyond the maximum depth of 700 meters. The existence of these chargeability anomalies is supported by an association with a sulphidized conglomeratic unit observed in one outcrop in the anomalous area.


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