Skye Au

The Skye Gold Project is located in the central Gawler Craton of South Australia, approximately 700km north-west of Adelaide. The project comprises one granted exploration licence (EL 6492) and covers an area of 155km2.

The Skye Project is located 40km north-east of Barton Gold’s Challenger Gold Mine, which produced approximately 1.2Moz of gold between 2002 and 2018 and is currently under care and maintenance (see https://bartongold.com.au/projects/challenger/).

Skye sits within a proven gold-bearing terrain. In addition to being close to the Challenger Mine, it is also adjacent to Marmota Limited’s Aurora Tank deposit and only 1.5km along strike from Barton Gold’s Golf Bore deposit, which has a current Mineral Resource Estimate of 119koz Au (3.8Mt @ 1.0g/t Au) (see ASX: TYX 30/5/2018).

Sipa’s exploration will focus on the laterally continuous structural corridor that extends from the Challenger deposit, past Golf Bore and Golf North into the Skye Gold Project area.
The Skye Project is subject to a 1% royalty with Meeka Metals Limited.