Sipa Resources (ASX:SRI) said it will start a 4,000-meter to 5,000-meter aircore drilling program at its Nuckulla Hill and Tunkillia North gold projects in South Australia, once the aircore rig arrives within two weeks, according to a Thursday filing with the Australian bourse.
The program is expected to run for three weeks, with results due about six weeks later, the filing said.
Shares of the company fell past 6% in recent Thursday trade.