SIP Resources Announce the Start of Further Tin Exploration in Myanmar
Added: (Wed Oct 10 2018)
Pressbox (Press Release) -
Oliver Rashford, SIP Resources Myanmar project manager has announced that drilling is now underway at the Chinese border Mountain Project,
Oliver said “we now have an operational drill is onsite and exploratory drilling is currently underway, we are confident of finding further significant tin deposits close to where we were mining with our Myanmar partners, we anticipate around 4500 meters of drilling to ensue over the coming months”.
SIP Resources Director of Development & Research - Mr Xing Japei said “We have bought the rights to significant areas in the mountain region that borders with China that was under developed by underfunded and under equipped Myanmar miners and have budgeted for 3 months of exploration to find the richest deposits”.
Mr Xing Japei went on to say, “Our near to mid-term objectives of the exploration program will be to ascertain the size and grade in the region with a view to having several mines in full production by mid-2019” . In addition to the Myanmar – China border exploration, SIP Resources plans to explore further targets to the South and Southeast to fully comprehend the geometry of the region and work to discover more zones with similar or better grades than where previous tin mining was being carried out by local companies.
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