SRI 0.00% 1.6¢ sipa resources limited

should be drilling very soon!

  1. 256 Posts.
    From the last Quarterly Activities Report :

    "Up to 30,000m of RAB/Aircore is planned and drilling should commence within the next two weeks.
    In addition, a 700m deep diamond drill hole is planned into a magnetic high, which is interpreted as a
    possible igneous intrusion into the Yerrida Sedimentary Basin that hosts the Thaduna Project.
    Mineralisation possibilities include Iron Oxide Copper-Gold (IOCG), skarn and porphyry copper-gold
    styles. Sipa has been granted $125,000 towards the direct drilling cost of $250,000 by the Western
    Australian Government through the 2010/2011 Exploration Incentive Scheme. It is planned to drill the
    hole in late August/early September".

    Things should certainly start to get interesting very soon. I hope they can keep this timetable for the Diamond Drill hole!
 
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