en.Wedoany.com Reported - Xpedra Resources Limited (ASX:XPD) has announced that its latest reverse circulation drilling at the Springfield Gold Project in New South Wales, Australia, has once again intersected broad, shallow gold mineralization, including a 44-meter interval from 1 meter depth grading 2.03 g/t gold and a 24-meter interval from surface grading 2.97 g/t gold.

The latest batch of assay results comes from four additional reverse circulation holes, further confirming the scale and continuity of shallow mineralization at the Springfield Gold Project, located in the Lachlan Fold Belt in central New South Wales. Of Xpedra's 27-hole initial reverse circulation drilling program, assay results have now been received for 19 holes, with results for the remaining eight holes pending.

The strongest result came from hole SFRC018, which intersected 44 meters @ 2.03 g/t gold from 1 meter depth, including 7 meters @ 4.04 g/t gold from 1 meter depth and 12 meters @ 3.46 g/t gold from 25 meters depth. Hole SFRC017 also returned broad near-surface mineralization from surface, with results of 24 meters @ 2.97 g/t gold, including 15 meters @ 4.27 g/t gold from surface and 8 meters @ 6.71 g/t gold. Other results include: 23 meters @ 1.02 g/t gold from surface in hole SFRC016 (including 9 meters @ 1.75 g/t gold from 14 meters depth), and 12 meters @ 1.36 g/t gold from 64 meters depth in hole SFRC019. Hole SFRC017 also showed deeper mineralization, including 7 meters @ 1.22 g/t gold from 42 meters depth, 1 meter @ 3.58 g/t gold from 69 meters depth, and 1 meter @ 2.55 g/t gold from 99 meters depth to the end of the hole.

Xpedra stated that the latest holes were designed to test the continuity of the northern-central part of the main mineralized corridor at Springfield. These results confirm the presence of large-scale, high-grade gold mineralization in the area and have extended thick, shallow mineralization over a strike length exceeding 180 meters, with the mineralized system remaining open to the north and at depth. The latest assay results build on earlier results from the southern section of the corridor, including 55 meters @ 1.32 g/t gold from surface, 37 meters @ 1.90 g/t gold, and 16 meters @ 2.66 g/t gold.

Managing Director Scott Funston said the latest assay results continue to demonstrate the scale and continuity of the Springfield Gold Project, with thick gold mineralization intersected at shallow depths over a strike length of more than 180 meters in the initial drilling program, including the standout new intersection of 44 meters @ 2.03 g/t gold from 1 meter depth, one of the strongest results obtained to date. With mineralization remaining open in multiple directions, Xpedra will commence a follow-up reverse circulation drilling program of approximately 1,000 meters this week, aimed at testing the deeper extensions below the shallow mineralization delineated in the initial drilling. Assay results for the remaining eight holes from the initial program are expected in the coming weeks, including holes further north along strike and four wide-spaced holes testing depth potential.

Xpedra acquired a 100% interest in the Springfield Gold Project in November 2025. The project is located in central New South Wales and hosts a mineralized intrusion extending over a strike length of more than 1,700 meters. Prior to Xpedra's initial drilling, total historical drilling amounted to only 6,568 meters. Historical results from the project include: 27 meters @ 3.65 g/t gold from surface, 86 meters @ 1.04 g/t gold from 104 meters depth, 65 meters @ 1.16 g/t gold from 2 meters depth, and 41 meters @ 1.47 g/t gold from 22 meters depth. Drilling below the shallow mineralization has only tested approximately 500 meters of the larger mineralized intrusion, with the mineralized system remaining open along strike and at depth. Xpedra Resources is focused on gold and base metal opportunities in New South Wales, with its asset portfolio including the Springfield Gold Project and projects such as Slashers Flat, Golden Hill, Ironbarks, Grenfell, Shanahans, and Warrane.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com