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Sipa Resources Limited Company Profile - May 17, 2011

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Sipa Resources Limited (Sipa) is engaged the acquisition and exploration of mineral tenements in Australia. It is engaged in mining exploration for gold and other minerals. Sipa's projects include Thaduna Copper Project, which is located in Gascoyne Region; the Ilgarari Copper Project, which covers 985 square kilometers is located 150 kilometers north of Thaduna in Western Australia and it host copper deposits and SEDEX-class lead-zinc deposits; The Tennant Creek Gold and Copper Projects, and Woodline Gold and Basemetals Project. Woodline comprises 1,085 square kilometres of exploration licences. During the fiscal year ended June 30, 2010, the Company acquired entire interest from the Ashburton Regional JV and Woodline joint venture partners. As of June 30, 2010, the Company's interest in the joint ventures included 78.47% interest in the Rocklea; 49% in Mortlock River JV; 40% in Panorama; 70% in West Warrego Gold Project; 100% in Woodline, and 100% in Ashburton Regional JV.

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Sipa Resources Limited
                                                                                         440 Wheelers Farms Road
                                                                                         Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Australian Dollars

                                 Wright Quality Rating:LCNN                                 Key Data

   Sipa Resources Limited (Sipa) is engaged the acquisition and exploration of mineral      Ticker:
   tenements in Australia. It is engaged in mining exploration for gold and other           SRI
   minerals. Sipa's projects include Thaduna Copper Project, which is located in
   Gascoyne Region; the Ilgarari Copper Project, which covers 985 square kilometers is      2004 Sales:
   located 150 kilometers north of Thaduna in Western Australia and it host copper
                                                                                            25,704,000
   deposits and SEDEX-class lead-zinc deposits; The Tennant Creek Gold and Copper
   Projects, and Woodline Gold and Basemetals Project. Woodline comprises 1,085
   square kilometres of exploration licences. During the fiscal year ended June 30, 2010,   Major Industry:
   the Company acquired entire interest from the Ashburton Regional JV and Woodline         Metal Producers & Products
   joint venture partners. As of June 30, 2010, the Company's interest in the joint         Manufacturers
   ventures included 78.47% interest in the Rocklea; 49% in Mortlock River JV; 40% in
   Panorama; 70% in West Warrego Gold Project; 100% in Woodline, and 100% in                Sub Industry:
   Ashburton Regional JV.                                                                   Gold Producers
                       Stock Chart                                    Officers
                                                              Non Executive Chairman        Country:
                                                                Peter Ian Blair Pearce      Australia

                                                         Executive Managing Director Currency:
                                                          & Chief Executive Officer
                                                                                     Australian Dollars
                                                             Michael Glen Doepel

                                                                                            Fiscal Year Ends:
                                                                     Secretary
                                                                   Tara A. Robson           June

                                                                                            Employees
                                                                                            16

                                                                                            Exchanges:
                                                                                            SYD

                                                                                            Share Type:
                                                                                            Ordinary

                                                                                            Market Capitalization:
             Stock Price (5/
								
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