AMN - UGANDA: New Akelikongo nickel-copper targets

Sipa Resources has completed down-hole transient electro-magnetic (DHTEM) surveys on recent diamond drill holes containing the best massive sulphide intersections returned to date at the emerging Akelikongo nickel-copper discovery, which is part of the Kitgum Pader Base Metal Project in northern Uganda.
Akelikongo is Sipa’s flagship discovery in Uganda. During 2015 and 2016 geochemistry, drilling and geophysics defined a sizeable body of nickel-copper sulphide mineralisation which has strong similarities to other globally significant, intrusive-related magmatic nickel copper sulphide systems such as Nova-Bollinger (14Mt @ 2.3% Ni and 0.9% Cu), Voisey’s Bay (141Mt @ 1.6% Ni and 0.8% Cu) and Raglan (30Mt @ 3.4% Ni and 0.9% Cu).
The key elements of these systems are a plunging magma channel or conduit with a high magma fluid flux which then interacts with the country rock during emplacement to form a mixing zone, which triggers sulphur saturation and formation of nickel-copper sulphide mineralisation. 
At Akelikongo, the conduit essentially sub-crops with an intense nickel and copper anomaly in residual soil. In-fill soil samples have now confirmed the circular pipe-like geometry of the shallowly plunging intrusive complex. This anomaly has a surface footprint of about 300m by 300m which has been traced by drilling for up to 1km and remains open in all directions.

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