Sipa Resources to Start Drilling Program at South Australia Project; Shares Fall 6%
MT Newswires Live
Aug 14, 2025
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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.