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Xpedra Resources Limited (ASX:XPD)

ALERT: Price-sensitive ASX Announcement for XPD
Current share price for XPD : $0.021 0.003 (16.67%)+
Announcement
Release
28 May 2026 8:35AM
Price at Release
$0.018
Full Release
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Summary
Xpedra Resources Limited has announced significant assay results from its Springfield Gold Deposit in NSW, Australia. The ongoing drilling program has identified broad zones of shallow gold mineralisation, including some high-grade intervals, with notable findings such as 52 meters at 1.35g/t Au starting from 20 meters depth. These results support the potential of a significant near-surface gold system, which remains open at depth and along strike. The company is preparing for further drilling, with additional assay results expected in the coming weeks. Xpedra acquired the Springfield Gold Deposit in November 2025, intending to explore its promising scalability as a gold system.
Key Points
  • Xpedra Resources Limited reports significant assay results from the Springfield Gold Deposit.
  • Latest drilling results reveal broad zones of shallow gold mineralisation, including high-grade intervals.
  • Key drilling results include 52m at 1.35g/t Au from 20m and 25m at 1.23g/t Au from 42m.
  • The gold mineralisation remains open at depth and along strike.
  • Preparations for a follow-up drilling program are underway, with further assays pending.
  • Springfield Gold Deposit acquired by Xpedra in November 2025, showing promise as a scalable, shallow mineralised gold system.
  • The maiden RC drilling program consisted of 27 holes testing a 1,700m-long mineralised corridor in NSW.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.