Sipa Resources Limited ( (AU:SRI) ) has shared an update.
Sipa Resources Limited has confirmed a large historical gold anomaly at its Tunkillia North project through recent calcrete sampling. This development enhances the project’s potential as a substantial gold system, with a new higher-grade zone also identified. The company is advancing drill planning to test these targets and is in the process of obtaining heritage clearance. This exploration effort is part of Sipa’s broader strategy, which includes drilling at other sites such as Arcoordaby and the Nuckulla Hill Project.
More about Sipa Resources Limited
Sipa Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary product is gold, and it is actively involved in projects located in the Gawler Craton of South Australia.
Average Trading Volume: 1,484,411
Technical Sentiment Signal: Buy
Current Market Cap: A$5M
Learn more about SRI stock on TipRanks’ Stock Analysis page.