Rupert Resources Ltd. reported results from a further 1,607m of diamond drilling from 12 holes into the high grade North Flank East zone of the permitted Pahtavaara Mine in Northern Finland's emerging Central Lapland Greenstone Belt. Seven of these 12 holes drilled, intersected gold ineralization with four returning grades of over 10 grams per ton of gold ("g/t Au"), including 245g/t Au over 1.0m. North Flank East is located close to the hinge of the Pahtavaara fold and is around 200m from existing development. These 2016 holes are found in close proximity to a number of high grade holes from previous campaigns with three high grade narrow zones delineated in section with an average grade expected to be several multiples higher than the previously released historical resource grade of 2g/t. The intersection of 245g/t Au is located in a 22m area that contains a previously-released intersection which contained abundant fine visible gold and returned 432g/t Au over 1.0m at a depth of 136-137m (hole 116011) and a drill hole from previous operators (105176) that returned 52.1g/t Au over 1.0m. The 432g/t Au is located 100m below an intersection of 295g/t Au over 1.65m in hole 199316 drilled by previous operators. These intersections are located along the North Flank East zone within a 400m gap that is a newly-recognized limb of a large fold structure, the south limb of which constitutes the vast majority of mining to date. The 245g/t Au intersection contained 20% dolomite veining surrounded by biotite magnetite halos. Another intersection, 15m lower in the same hole, yielded grade of 11.6g/t Au with fine visible gold hosted in magnetic carbonate veining with sulphides was followed by a broken shear zone. Another intersection of 19.8g/t Au over 1.0m in 116048 also intersected this high grade zone in this phase of drilling. It is located 39m down-dip from the 245g/t Au intersection. This high grade zone is open in two directions and appears to be 140m horizontal, and 200m down an easterly plunge. An intersection of 11.6g/t Au over 0.8m is likely a splay off of the high-grade zone. A second zone was intersected that appears subparallel to the first and located 100m to the west, and appears to have been mined by a small open pit. An intersection of 18.7g/t Au over 1.0m from 116047 was also returned, and is located below the bottom of the pit and open below the intersection for 175m where underground drilling from previous operators intersected 7.9g/t Au over 2.0m (hole 112563). A third zone is located parallel to the other two and located 20m from the second zone. Underground drilling to expand this area and test continuity has now commenced. As well as high grade drill intersections listed above, the 2016 trenching program also revealed visible gold in a narrow carbonate vein in the same area that returned an assay of 33.3g/t Au over 1.5m and 19.1g/t Au over 1.0m. This vein appears to be high grade. Rupert also completed a grid over the main mine area totalling 27 line kilometers of Induced Polarization ("I/P") geophysics in the last few months of 2016. This method of geophysics delineates horizons of high/moderate conductivity where sulphide minerals that are associated with gold or base metals can give a signal, and resistivity anomalies which can represent zones of alteration associated with gold mineralization. A number of lines were run over known mineralization showed up as strong anomalies. Similar anomalies have been shown to exist along trend, outside of the limits of drilling, and in many other areas of the property that was covered proximal to the mine. The areas covered only represent 5% of the greater property position of 124km2 (based on 19 lines with an average length of 1.4km along a 3km transect east west). Several conductive anomalies show up as folds, corroborating the idea that there is a northern flank to a big fold that was only mined very locally on the south. These targets will be tested by drilling over the next few months.