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Sipa Resources: Receives first assays from Paterson North, WA

Sipa Resources Receives first assays from Paterson North, WA

  • Sipa Resources (SRI) receives assays from the first four holes drilled at the Paterson North project in Western Australia
  • Drilling began in June and tested selected target areas by sampling the prospective basement rocks
  • The first four holes did not intersect any “significant” mineralisation, with assays from the first batch of samples showing a peak result of 517 parts per million copper
  • Sipa has just completed a gradient array-induced polarisation survey in the south of the project, with additional surveys planned to begin in late October
  • Sipa is steady on the market with shares trading at five cents at 2:02 pm AEST

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