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Sipa Resources Commences Gold Exploration in South Australia
Company Announcements

Sipa Resources Commences Gold Exploration in South Australia

Story Highlights
  • Sipa Resources has started exploration on its newly acquired Tunkillia North gold project in South Australia.
  • The company plans an extensive 2025 exploration program aiming for large-scale gold discoveries near existing deposits.
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The latest announcement is out from Sipa Resources Limited ( (AU:SRI) ).

Sipa Resources Limited has initiated exploration activities on its newly acquired Tunkillia North project in South Australia shortly after the acquisition deal was completed. The company is conducting infill calcrete sampling to refine its understanding of the gold anomaly and identify key targets for further drilling. The projects are situated in promising regions near existing gold deposits, with the potential for discovering large-scale gold deposits. Sipa’s exploration strategy for 2025 includes comprehensive sampling and drilling across multiple projects, focusing on areas proximal to existing gold infrastructure.

More about Sipa Resources Limited

Sipa Resources Limited is a company in the mining industry, primarily focused on gold exploration. It has recently acquired new gold-focused projects in South Australia and Western Australia, aiming to identify district-scale gold discoveries in underexplored regions.

YTD Price Performance: 10.0%

Average Trading Volume: 497,034

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.58M

For detailed information about SRI stock, go to TipRanks’ Stock Analysis page.

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