Sandfire buys Sipa project

SIPA Resources is set to focus on its Ugandan base metals development after sealing a deal to sell the Thaduna copper project in Western Australia to Sandfire Resources for $A2 million in shares.

Sandfire buys Sipa project Sandfire buys Sipa project Sandfire buys Sipa project Sandfire buys Sipa project Sandfire buys Sipa project

Along with issuing the new shares to Sipa, Sandfire will also pay a 1% net smelter return on all minerals produced and sold from the acquired tenements.

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