Xpedra Resources Limited has intersected broad gold mineralisation in the four deepest reverse circulation drill holes completed to date at the Springfield Gold Deposit in New South Wales, with hole SFRC030 returning 64 metres at 1.34 grams per tonne gold from 140 metres.

The second-phase program comprised four holes totaling 892 metres, bringing the total assay results received across the company's first and second phase drilling programs to 31 holes. The latest drilling has delineated continuous shallow, broad mineralisation over more than 400 metres of strike, with the system remaining completely open at depth and along strike.

New results from the deep drilling include hole SFRC030 intersecting 5 metres at 6.58 grams per tonne gold from 108 metres alongside the broader interval, including a 21-metre section at 2.41 grams per tonne gold from 167 metres that contained 10 metres at 3.68 grams per tonne gold from 176 metres. Hole SFRC031 returned 27 metres at 1.50 grams per tonne gold from 140 metres, including 6 metres at 3.68 grams per tonne gold from 142 metres. Hole SFRC029 intersected 16 metres at 1.24 grams per tonne gold from 197 metres, including 8 metres at 2.08 grams per tonne gold from 197 metres.

Xpedra completed the acquisition of a 100% interest in Springfield in December 2025, initiating the first exploration drilling at the flagship project since 1999.

“We are very pleased to report on assays from the four deepest holes we have drilled to date at Springfield. Importantly, these holes intersected some of the best mineralisation returned from the project to date. Hole SFRC030 intersected 64m @ 1.34g/t Au from 140m; and SFRC031 returned 27m @ 1.50g/t Au from 140m.”

“These results are highly complementary to those returned from one of our previously deepest holes, SFRC025, which intersected 94m @ 2.0g/t Au from 80m, including 13m @ 10.2 g/t Au from 81m.”

— Scott Funston, Managing Director

The company plans to commence an extensive third-phase drilling program as soon as requisite permits are received. The upcoming work will target the completely undrilled 1.1-kilometre northern strike extent of the mineralised intrusion, down-dip extensions beneath the 400-metre strike extent drilled to date, and the strike and depth extensions of high-grade intersections.

Read the full announcement: DEEPEST DRILLING TO DATE CONFIRMS DEPTH EXTENSIONS