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Xpedra Resources Limited (ASX:XPD)

ALERT: Price-sensitive ASX Announcement for XPD
Current share price for XPD : $0.020 -0.003 (-13.04%)+
Announcement
Release
26 Aug 2026 9:20AM
Price at Release
$0.023
Full Release
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Summary
Xpedra Resources Limited announced significant results from its deepest drilling at the Springfield Gold Deposit in New South Wales, Australia. The exploration has confirmed a broad mineralised system containing multiple higher-grade gold zones, with mineralisation shown to be continuous over at least 400 metres of strike and extending at least 150 metres down-dip. The results from the 31 drill holes completed in the first and second phase drilling programs demonstrate the potential scale of the deposit, which remains open at depth and along strike. Notable results include intersections of high-grade gold mineralisation, enhancing the deposit's depth extent and scale potential. A third-phase drilling program is planned to explore further along the 1.1 km northern continuation of the mineralised intrusion.
Key Points
  • Deepest drilling at Springfield Gold Deposit confirms depth extensions.
  • Broad, continuous mineralisation over 400 metres of strike.
  • High-grade gold zones with excellent down-dip continuity.
  • All 31 drill holes demonstrate significant gold mineralisation.
  • Deposit remains open at depth and along strike.
  • Third-phase drilling to target northern continuation of mineralisation.
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.