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.

Sipa Resources (ASX:SRI)

Company Directors

Mr Dalton Gooding (Independent Director)
Mr David Williams (Director)
Mr Ian Pearce (Chairman, Director)
Ms Karen Field (Independent Director)
Mr Michael Doepel (Managing Director, Director)

Contact Information

Phone: (08) 9481 6259
Email: info@sipa.com.au
Website: http://www.sipa.com.au/
Address
Ground Floor, 6 Thelma Street, WEST PERTH, WA, Australia, 6005

Media Releases see all media releases

Sipa Resources Limited (ASX:SRI) Quarterly Activities Report
29 Jul,2011 06:50 PM

Drilling Programmes at Thaduna and Woodline Projects during Quarter, and Drilling Continues at Thaduna

 

Highlights

 

Thaduna Copper Project 
 

-         current Aircore drilling discovers secondary copper mineralisation over 1.3 kilometres width, within 6 kilometre long Enigma Anomaly

-         drilling continues at Enigma to commence definition of the secondary copper, prior to deeper drilling

-         encouraging results also returned from the 1470 and Wash Copper Anomalies, including

                             30 metres @ 0.6%Cu from 10 metres, including 24 metres @ 2.4%Cu from 24 metres at the 1470 Anomaly

                            30 metres @ 0.15%Cu from 36 metres, at the Wash Anomaly

 

Woodline Gold Project

 

-         a 384 hole RAB/Aircore drilling programme commenced in June and was completed in mid July, to more closely define gold systems at Theofrastos, Leucippus and Adiemanthus Prospects

-         to date, only results from seven holes at Theofrastos have been received

-         all results should be received and processed within one month

 

Yerrida Copper Project

 

-         a three hole deep (~250 metres) RC programme has commenced at Yerrida