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Sipa Resources Limited ( (AU:SRI) ) has provided an announcement.
Sipa Resources Limited has entered into agreements to acquire 100% interest in four advanced gold exploration projects in South Australia and Western Australia, which are strategically located near significant gold deposits and mining infrastructure. This acquisition allows Sipa to increase its exploration activities and potentially bolster its presence in the mining sector. Additionally, the company is advancing its exploration efforts at other sites, such as the Paterson North and Skeleton Rocks projects, and has successfully raised funds through capital placements to support these initiatives.
More about Sipa Resources Limited
Sipa Resources Limited is a mineral exploration company primarily focused on gold and copper exploration projects in Australia. The company is engaged in acquiring and developing advanced exploration projects in South Australia and Western Australia, aiming to expand its portfolio and enhance its market position within the mining and exploration industry.
YTD Price Performance: 16.67%
Average Trading Volume: 311,639
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.99M
For a thorough assessment of SRI stock, go to TipRanks’ Stock Analysis page.
