Sipa Resources Limited Launches Major Aircore Drilling Program Targeting 1.6Moz Gold Deposit in South Australia

Thursday, August 14, 2025
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8:43 am
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Sipa Resources Limited is launching a significant aircore drilling program across promising South Australian gold projects. Riding on recent RC drilling success, the company will target both historical exploration zones and new geological structures, boosting potential in its pipeline – an exciting development for traders seeking emerging opportunities.

Sipa Resources Limited announced the imminent commencement of a major aircore drilling campaign at its South Australian gold projects. The company plans to drill 4,000 to 5,000 meters of aircore holes, supplemented by a limited number of Reverse Circulation (RC) holes targeting deeper mineralization. Initial drilling will focus on Tunkillia North, where the program aims to test a substantial 5km by 5km gold-in-calcrete anomaly located approximately 10 kilometers north of the known 1.6-million-ounce Tunkillia gold deposit. In parallel, the drilling at Nuckulla Hill will explore early-stage targets along the notable Yarlbrinda shear zone, which is recognized for hosting significant geological structures and is supported by earlier exploration from the 1990s. Recent RC drilling at the Nuckulla Hill project, which involved 13 holes at the Sheoak and Bimba prospects, has delivered promising preliminary indications. Assay results from this maiden RC program are expected within the next two weeks, providing an important update on the mineralization previously identified through historic drilling methods. In addition, the reprocessing of extensive regional geophysical data has yielded a refined geological and structural map, an essential tool that is set to guide ongoing and future exploration efforts. The company anticipates completing the current drilling phase in three weeks, with comprehensive results in about six weeks post-completion. The strategic approach demonstrated by Sipa Resources Limited, combining modern aircore and RC drilling techniques with historical data and new geophysical interpretations, underscores a methodical expansion of its exploration initiatives. The management’s optimistic outlook is bolstered by expectations of unveiling additional targets in the region, which could significantly enhance its project pipeline in a highly prospective yet underexplored geological setting. Bullish sentiment is supported by the company's clear focus on systematically testing promising gold targets across South Australia, the swift turnaround in assay results, and the potential for expanding exploration opportunities based on detailed geophysical insights. However, a bearish perspective may point to the inherent risks associated with early-stage exploration, where drilling results may not immediately translate into profitable mining activities, and the challenges of unlocking value in historically underexplored regions remain.

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