Xpedra Resources Commences Phase Three Drilling at Springfield Gold Deposit with 4,000–5,000m RC Program

Aakashdeep

10 November 2026 12:56 PM AEDT

Xpedra Resources Commences Phase Three Drilling at Springfield Gold Deposit with 4,000–5,000m RC Program

Image Source: Krish Capital Pty Ltd

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Xpedra Resources Limited (ASX:XPD) has commenced its Phase Three drilling program at the 100%-owned Springfield Gold Deposit in New South Wales, with approximately 40–50 Reverse Circulation holes planned for a total of 4,000–5,000 metres, the company disclosed on 10 November 2026.

Key Points

Phase Three RC drilling program of approximately 40–50 holes for 4,000–5,000 metres has commenced at the Springfield Gold Deposit in NSW.
The program will, for the first time, drill test a highly anomalous 1.1km-long northern corridor immediately along strike from previous drilling.
Previous programs comprised 31 holes totalling 3,471 metres, defining continuous mineralisation along more than 400 metres of drilled strike.
Assay results are anticipated approximately 4–6 weeks after samples are submitted to the laboratory in Orange, NSW, and will be reported progressively.

Phase Three Program Scope and Priority Targets

The Phase Three program has been designed to test three priority growth opportunities: a highly anomalous 1.1km northern continuation of the host intrusion not previously tested by RC drilling; further extensions of known mineralisation at depth along the 400-metre-long drilled corridor; and strike and depth extensions of emerging higher-grade zones. The northernmost hole from prior drilling, SFRC022, returned results including 11 metres at 2.03 grams per tonne gold from 52 metres and 5 metres at 3.30 grams per tonne gold from 85 metres. Historical shallow air core drilling has also returned extensive gold and arsenic anomalism along the entire 1.1km northern corridor.

Results from Previous Drilling Programs at Springfield

Significant intersections from the company's first two drilling programs at Springfield include 94 metres at 2.00 grams per tonne gold from 80 metres, including 13 metres at 10.21 grams per tonne gold from 81 metres in hole SFRC025, and 64 metres at 1.34 grams per tonne gold from 140 metres, including 21 metres at 2.41 grams per tonne gold from 167 metres in hole SFRC030. Additional results include 24 metres at 2.97 grams per tonne gold from surface in SFRC017 and 44 metres at 2.03 grams per tonne gold from 1 metre in SFRC018. The company said the known mineralisation remains open along strike and at depth.

Reporting Timeline and Laboratory Arrangements

According to the filing, drilling is expected to continue over the coming months. Assay results are anticipated approximately 4–6 weeks after samples are submitted to the laboratory located in Orange, NSW. The company stated that results will be reported progressively throughout the drilling program as assays from groups of holes become available, providing updates on drilling outcomes and the emerging scale and continuity of gold mineralisation at Springfield. The filing was authorised for release by the Board of Directors of Xpedra Resources Limited.

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