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The Markets
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Gold & silver

Sipa Resources’ assay results from Warralong to assist with follow-up drill targets in 2022

Samples from the recently completed soil sampling program are progressing through laboratory analysis with results expected in January 2022.

Sipa Resources Ltd (ASX:SRI)’s assay results from aircore drilling at its 100%-owned Warralong project in the Pilbara region of WA will be incorporated with existing information to complete the basement geology interpretation and assist in the identification of follow-up drill targets for testing in 2022.

Samples from the recently completed soil sampling program are progressing through laboratory analysis with results expected in January 2022.

A number of existing drill targets along the major Lalla Rookh shear are within ungranted tenure and will be tested in 2022 as these tenements are granted.

Aircore drilling

Two wide-spaced reconnaissance style aircore drill programs were completed in September and October over tenements E45/5687 and E45/5740.

Bottom of hole samples of fresh bedrock were collected in 291 holes and assayed to identify potential mineralisation and this will assist in building a basement geology interpretation in this area where the underlying geology is completely obscured by shallow sand cover.

No gold or other key metal (copper, nickel, lithium) mineralisation was identified in the samples, however, it is noted that drilling over each area was restricted to a single traverse.

Refinement of existing targets and new targets will be generated from the basement interpretation currently in progress.

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