Sipa Resources Limited (ASX:SRI) Completes Heritage Survey for Crown Gold Project
Completion of Heritage Survey
Sipa Resources Limited (ASX:SRI) has completed the heritage survey for the Crown Gold Project near Kalgoorlie, Western Australia, partnering with the Kakarra Aboriginal Corporation RNTBC. Formal heritage approval is expected within approximately four weeks.
Planned Drilling Program
Upon receiving approvals, Sipa will commence an aircore drilling program to test geological targets and follow up on historical RAB drilling and soil sampling. This initiative will be the company’s third drill program this year, following recent activities at Nuckulla Hill in South Australia.
Executive Comments
Managing Director Andrew Muir stated, “We would like to thank the Kakarra Aboriginal Corporation RNTBC for their assistance with the clearance assessment, and we look forward to drill testing a number of our targets once all approvals are in place. The planned Crown drilling program will be Sipa’s third drill program this year, following the recent RC drilling at Nuckulla Hill in South Australia and the pending aircore program at Tunkillia North and Nuckulla Hill, as the Company significantly ramps up on-ground exploration activities following the acquisition of its high-potential South Australian and Western Australian gold assets earlier this year.”
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.