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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.