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Sipa Resources Secures Full Control of Barbwire Terrace with Royalty Deal

7:03pm on Monday 2nd of June, 2025 AEST Resources
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Sipa Resources Secures Full Control of Barbwire Terrace with Royalty Deal

7:03pm on Monday 2nd of June, 2025 AEST
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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