View full website

Current Projects

Paterson North Project - North West Western Australia

Location of Paterson North ProjectFigure 1: Location of Paterson North Project

Sipa’s Paterson North Project in the North West of Western Australia is an exciting new exploration discovery for the Company in one of the most highly endowed yet under-explored mineral provinces in Australia. Sipa has earned 80 % interest in the project with Ming Gold.

  • Intrusive related large copper >0.1% alteration halo with high grade vein hosted Gold and Copper plus Silver, Molybdenum, and Tungsten identified.
  • Sipa’s project adjoins Rio Tinto controlled tenements to the east west and south, and is directly along strike of the Magnum and Calibre copper gold deposits (1Moz gold and 100,000t copper).
  • Located 120km north of the world-class Telfer gold and copper deposits and the O’Callaghans tungsten deposit.
  • Collaborative research study with CSIRO building geological model and interpreting mineralisation history and style. Two new WA Government EIS grants awarded for 2018 field season.

Kitgum-Pader Base Metals Project - Northern Uganda

Location of Kitgum-Pader ProjectFigure 2: Location of Kitgum-Pader Project

Kitgum-Pader Project is located in northern Uganda on the north-east margin of the Congo super-craton. It comprises of two key projects – the Akelikongo nickel copper cobalt deposit and the Pamwa lead zinc silver prospect. 

Genuine frontier greenfields discovery 100% owned and generated by Sipa. Part of a district of mafic to ultramafic intrusions into a highly deformed amphibolite to granulite gneisses.

  • Discovery indicates an extensive continuous plunging intrusive pipe or conduit containing disseminated and massive nickel and copper sulphides of similar dimensions and in an identical setting to Nova Bollinger (IGO) and similar to other economic deposits in Australia and Canada. Less than 6000m drilled 24 RC/DD holes with few holes greater than 50m deep and open down plunge.
  • Results from diamond drilling include 84.5m@ 0.53% Ni eq including 5.2m@1% Ni, 0.4% Cu and 0.05% Co in basal semi massive sulphide.
  • The system contains untested DHEM conductors and remains open down plunge to the north-west.
  • Good regional potential with suite of ‘Akelikongo-like’ intrusions now identified.
  • Joint Venture signed with Rio Tinto in 2018 where Rio Tinto can earn up to 75%, by the expenditure of up to US$59M. Sipa to continue managing projects for the initial 18 months of the agreement period.