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Sipa Resources Secures Full Control of Barbwire Terrace with Royalty Deal
8:20am on Friday 24th of January, 2025 AEDT
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Sipa Resources Secures Full Control of Barbwire Terrace with Royalty Deal
8:20am on Friday 24th of January, 2025 AEDT
Key Points
Sipa Resources acquires remaining 50% of Barbwire Terrace Project from Buru Energy
Consideration structured as a 0.6% Net Smelter Return royalty with buyback option
Project targets Mississippi Valley style zinc-lead-silver deposits in Kimberley region
Sipa plans to prioritise and test multiple prospective targets following acquisition
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