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Xpedra Resources Limited (ASX:XPD)

ALERT: Price-sensitive ASX Announcement for XPD
Current share price for XPD : $0.018 0 (0%)+
Announcement
Release
11 Jun 2026 8:22AM
Price at Release
$0.018
Full Release
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Summary
Xpedra Resources Limited announced significant findings from its maiden Reverse Circulation (RC) drilling program at the Springfield Gold Deposit, located in New South Wales, Australia. The program focused on a 1,700-meter-long mineralised intrusion and identified multiple wide and shallow gold intercepts, including an impressive 55 meters at 1.32g/t Au from the surface in drill hole SFRC011. These results suggest a broad and continuous gold system, with mineralisation remaining open at depth and along the strike. Further assays are pending, and the company is preparing for additional drilling to explore deeper sections of the deposit. The Springfield project is emerging as a substantial discovery in the Lachlan Fold Belt, highlighting its exploration potential.
Key Points
  • Xpedra Resources Limited conducted a maiden Reverse Circulation (RC) drilling program at Springfield Gold Deposit.
  • The program tested and extended known zones of gold mineralisation within a 1,700m-long mineralised intrusion.
  • Significant gold intercepts were found at shallow depths, indicating a broad gold system.
  • Notable drill results include 55m at 1.32g/t Au from surface in SFRC011, and 37m at 1.90g/t Au from surface in SFRC013.
  • The mineralisation at Springfield remains open at depth and along strike, suggesting further exploration potential.
  • Additional assays from 12 drill holes are pending.
  • Preparations for follow-up drilling to test deeper mineralisation are underway.
  • The Springfield Gold Deposit is considered a promising discovery in the Lachlan Fold Belt, NSW, Australia.
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.