tiprankstipranks
Trending News
More News >

Sipa Resources Completes Initial Gold Exploration at Tunkillia North

Story Highlights
  • Sipa Resources completed its first gold exploration at Tunkillia North, collecting 200 samples.
  • Results will guide drilling targets, with more exploration planned for 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sipa Resources Completes Initial Gold Exploration at Tunkillia North

The latest update is out from Sipa Resources Limited ( (AU:SRI) ).

Sipa Resources Limited has completed its first gold exploration program at the Tunkillia North Gold Project in South Australia, collecting approximately 200 calcrete samples for analysis. The results, expected in six weeks, will help determine drill targets. The company has also submitted a heritage clearance survey request for additional drilling in other areas, aiming to fast-track operations once clearance is obtained. This marks the beginning of several planned exploration activities throughout 2025, enhancing Sipa’s position in gold exploration.

More about Sipa Resources Limited

Sipa Resources Limited is a company operating in the mining industry, focusing on gold exploration. It engages in the identification and development of mineral resources, with a particular emphasis on newly acquired projects in South Australia.

YTD Price Performance: -8.33%

Average Trading Volume: 583,436

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.58M

See more data about SRI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App