Sipa Resources Undertakes Heritage Clearance Survey on South Australia Gold Projects; Shares Down 8%

MT Newswires Live

2025/05/16

Sipa Resources (ASX:SRI) said its exploration team at the Tunkillia North and Nuckulla Hill gold projects in South Australia will undertake a heritage clearance survey with representatives of the Gawler Ranges Aboriginal, ahead of drilling on both projects, according to a Friday Australian bourse filing.

The survey is expected to take around five days, with the formal archaeologist's report expected to be completed in around a month.

The program for environmental protection and rehabilitation for the drilling programs has been submitted to South Australia's Department for Energy and Mining.

The company's shares tumbled 8% in recent Friday trade.

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