Sipa Resources Ltd (ASX:SRI)'s Pip Darvall speaks with Proactive’s Andrew Scott about its extensive drilling program across several of its flagship projects predominantly in WA. Managing director Darvall outlines the company’s near-term drilling plan, starting at Paterson North which is part of a farm-in agreement it has with Rio Tinto where it will test gold and base metal targets and including Barbwire Terrace and Wolfe Basin, where contractors have been confirmed and drilling contractors locked in. The company has been working on these projects for some time and is looking forward to now starting its testing strategy, including big targets that are underexplored. Darvall also speaks about the company’s low EV, cash in the bank and a potential for a re-rating based on a good intercept.
Sipa Resources underlines upcoming extensive drilling program
