Barbwire Terrace Zn / Base Metals

Sipa’s Barbwire Terrace Base Metals Project, located south-east of Broome in Western Australia, covers the south-western margin of the Fitzroy Trough where historic drilling has confirmed the potential for Mississippi Valley Type (‘MVT’) base-metal mineralisation, similar to the well-known Lennard Shelf deposits located along the north-eastern margin of the trough.

MVT mineralisation of the type mined on the Lennard Shelf has historically produced high-purity concentrates sought after by smelters, making this a high-value exploration target.

Sipa has a 50:50 partnership with Buru Energy (ASX: BRU), an oil and gas explorer with interests in the region. Buru has sophisticated basin models covering the Fitzroy Trough which is assisting to identify potential areas for base metal mineralisation.