Independent Investment Research Report
29 July 2016 | Page 1 of 1
SUCCESSFUL EXPLORER
Sipa Resources Limited (Sipa) (ASX: SRI) is pleased to announce that a commissioned research report has been produced by Independent Investment Research ("IIR") and is available on the Company's website.
Please visit www.sipa.com.au to view the report.
For more information: Lynda Burnett Managing Director
Sipa Resources Limited
+61 (0) 8 9388 1551
[email protected]
Media Inquiries: Nicholas Read Read Corporate
+61 (0) 8 9388 1474
[email protected]
About Sipa
Sipa Resources Limited (ASX: SRI) is an Australian-based exploration company which is targeting the discovery of significant new gold-copper and base metal deposits in established and emerging mineral provinces with world-class potential.
In Northern Uganda, the 100%-owned Kitgum-Pader Base Metals Project contains two new mineral discoveries both made by Sipa during 2014 and 2015. The intrusive hosted Nickel-Copper sulphide mineralisation at Akelikongo is one of the most significant nickel sulphide discoveries globally for 2015.
At Akelikongo, Sipa has delineated an intrusive-hosted chonolith nickel-copper sulphide system which is outcropping and plunges shallowly to the north-west for a distance of at least 500m and open to the north- west. Further drilling is planned at this exciting discovery in the second half of 2016.
In Australia, Sipa has a Farm-in and Joint Venture Agreement with Ming Gold at the Paterson North Project, where extensive primary copper anomalism was intersected at the Obelisk prospect in primary bedrock adjacent to Rio/Antipa's Magnum and Citadel Gold/Copper Project. The Company's maiden drilling program at the Obelisk prospect commences in August 2016.
REGISTERED OFFICE AND POSTAL ADDRESS: 12-20 Railway Rd Subiaco 6008 Western Australia
ABN 26 009 448 980 • TELEPHONE: (08) 9388 1551 FAX: (08) 9381 5317 E-MAIL: [email protected]