Miner backs exploration record

摘要

While the share price of Sipa Resources International NL took a hammering alter the company announced it would not go ahead with a cutback at Mt Olympus, managing director Michael Doepel reiterated the company's objectives going forward. And that is to find major gold deposits in the Ashburton dose to Mt Olympus in its own right, or in its joint venture with Newcrest Mining Ltd. Doepel also outlined the company's successful track record, which included the discovery of two new mineral provinces in Australia - the Panorama VMS district and the Ashburton gold province.