Listing on the Australian Stock Exchange in 1987, Sipa Resources Limited (ASX Code: SRI) is a Perth-based Australian gold, base metals and nickel exploration company with a proven track record.
Sipa in the 1990s found the Panorama Copper-Zinc VMS Province and the Ashburton Gold Province, where the company produced profitable gold to mid 2004 from its discoveries.
Sipa is a committed explorer dedicated to ‘Greenfields Discovery’ and has a history of success at the Panorama VHMS discoveries and the Paraburdoo Gold Project Mines.
Such discoveries have enormous leverage for shareholders. One need only look at Sandfire’s recent
success through discovery, or at Sipa’s ‘best performer on the ASX in 1990’, and as a top achiever in 2001, based on the Panorama and Waugh Gold Deposit greenfields discoveries, for the impact on share price.