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Sipa to take full control of Paraburdoo gold operations

SIPA Resources said today it will pay Lynas Corp $5.5 million for 100% of the Paraburdoo gold project and the 600,000 tonnes per annum Lynas CIL treatment plant and associated infrastructure.

Greg Tubby

Reserves at the Zeus and Peake satellite deposits, located 80km south of Tom Price in Western Australia, and medium-grade stockpiles resulting from mining of the Mount Olympus orebody contain 42,000 ounces...

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