Rupert Resources Ltd. reported assay results from project drilling at Ikkari. The drilling, principally for metallurgical sampling produced some of the best intercepts achieved to date at Ikkari. Highlights.

#124040 and #124047 also delivered broad, continuously mineralised intersections typical of the Ikkari deposit. #124040 intersected 121.2m at 2.5g/t Au from 52m downhole and #124047 intersected 167.8m at 2.6g/t Au from 17.2m (the base of the overburden). Individual intercepts are calculated with a 0.4g/t Au cut-off with a maximum 5m continuous internal dilution accepted, minimum yield per intercept is 1 gram-meter.

The "yield" is the sum of all intercepts within each drillhole. A project drilling program was initiated at Ikkari during spring 2024 serving multiple purposes: increasing confidence in the 4Moz Indicated Mineral Resource Estimate; providing additional material for metallurgical test work feeding into future, more advanced engineering studies and providing further geotechnical data for the optimisation of mine planning. Results from the second tranche of holes within this program are presented here and include some of the best intercepts achieve to date in Ikkari with broad high-grade zones achieved in all drill holes.

Table 5 details the main interval in hole #124043. Project engineering and permitting continues with a prefeasibility study now targeted for delivery in the second half of calendar 2024. Plan map showing the location of new drilling at Ikkari.

Cross section showing the results of hole 124043 in relation to the mineral resource block model and the geological interpretation at Ikkari. Cross Section showing the results of hole 12 4041 in relation to the mineral resource Block model and the geological interpretation atIkkari. Cross section showing The results of hole 124041 in relation to the mineral Resource block model and the geological interpretation At Ikkari.

Cross section show the results of hole 124041 In relation to the mineral resource block models and the geological interpretation at Ikari. Cross section showing the Results of hole 124041 in related to the mineral resource block model, the geological interpretation at Ikkary locations of the new drill holes, Ikkari. New Intercepts from Infill Drill Holes, Ikkari.

A minority of samples are prepared by Eurofins Laboratory in Sodankyla and Fire Assay is carried out on site. A pulverised sub-sample is then sent to ALS Ireland for multi-element analysis. All samples are under watch from the drill site to the storage facility.

Samples at both laboratories are assayed using 50g fire assay method with aqua regia digest and analysis by AAS for gold. The Company is focused on making and advancing discoveries of scale and quality with high margin and low environmental impact potential. The Company's principal focus is Ikkari1, a new high quality gold discovery in Northern Finland.

Ikkari is part of the Company's "Rupert Lapland Project," which also includes the Pahtavaara gold mine, mill, and exploration permits.