CAPITAL MARKETS

Sipa keen on nickel

SELF-styled early stage exploration expert Sipa Resources has only drilled 5570m in Uganda, but managing director Lynda Burnett told shareholders today the company believes it may not have found just one deposit, but an entirely new nickel sulphide province on the same scale as the Fraser Range.

Haydn Black

Sipa keen on nickel

“If this was in Australia we would be going gangbusters,” Burnett said. Sipa has drilled just 25 holes at Akelikongo, in the northern part of Uganda, and it says not only is the discovery similar to...

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