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Sydney - Wednesday - June 21: (RWE Australian Business News) -
Sipa Resources (SRI) has announced results, which include several high
grade zinc intersections, from a recently completed Reverse Circulation
drilling programme at the Kangaroo Caves Deposit within the Panorama
Base Metals Exploration Project, located in the Pilbara Region of
Western Australia.
The Panorama Project is owned by Sipa and is subject to a Farmin
and Joint Venture with CBH Resources Ltd (CBH) of which Sipa is
Manager, and whereby CBH may earn a 60% interest by $4 million of
exploration expenditure by 2009.
The three best intersections returned were:
KCC16 9 metres @ 13.3% Zinc and 1.9% Lead, from 63-72 metres
followed by 56 metres @ 6.8% Zinc and 1.0% Copper, from 95-151 metres
KCC10 24 metres @ 6.5% Zinc and 0.5% Copper, from 213-237 metres
KCC4 6 metres @ 11.0% Zinc and 2.5% Lead, from 233-239 metres.
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