Xpedra Nails Best Ever 13m at 10.21g/t Gold Intercept at Springfield

Standout High-Grade Intercept Boosts Springfield Prospects

Xpedra Resources (ASX:XPD) has punched through its own benchmarks with a standout drill intercept at its Springfield Gold Deposit in New South Wales. The latest assays reveal a thick, high-grade zone of 94 metres at 2.00 grams per tonne (g/t) gold from 80 metres depth, including a blistering 13 metres at 10.21g/t Au starting just one metre downhole. This intercept, from hole SFRC025, represents the best result at Springfield to date, combining impressive thickness with exceptional grade.

Managing Director Scott Funston described the result as a potential game-changer, saying it "has the potential to materially change the scale and trajectory of Springfield." The high-grade zone not only confirms the presence of significant mineralisation but also bolsters confidence in the deposit's ability to host sizeable gold systems with repeated high-grade zones within a largely untested 1.7-kilometre mineralised intrusion.

Extending Strike and Depth Potential

These latest results extend the known strike length of mineralisation to approximately 400 metres, with the northernmost hole SFRC022 returning 11 metres at 2.03g/t Au from 52 metres and 5 metres at 3.30g/t Au from 85 metres. The mineralised system remains open both at depth and along strike, offering clear targets for further exploration along the undrilled 1.1-kilometre northern extension of the intrusion.

Deeper step-out holes SFRC023, SFRC024, and SFRC025 have begun to test the down-dip potential, with SFRC024 delivering a broad 86-metre zone at 0.57g/t Au and SFRC023 ending in mineralisation with 5.05g/t Au over the last metre drilled. These results suggest the deposit’s mineralised footprint could grow significantly with ongoing drilling.

High-Grade Mineralisation is Recurring

High-grade gold intervals above 5g/t Au have now been identified in 13 of the 25 holes assayed so far, indicating that such zones are not isolated but recur within the broader mineralised system. This pattern of multiple high-grade intervals within broad zones of mineralisation is a positive sign for potential resource development.

The maiden Reverse Circulation (RC) drilling program, comprising 27 holes, was designed to systematically test and extend known gold zones within the mineralised intrusion. With assays pending for two remaining holes, the company is poised to refine its understanding of the deposit’s scale and grade continuity.

Follow-Up Drilling Underway to Probe Depth Extensions

Building on this momentum, Xpedra has commenced a follow-up RC drilling program targeting depth extensions below the mineralisation delineated in the maiden program. Approximately 1,000 metres of drilling is underway, with assay results expected within 4 to 6 weeks. This next phase aims to test the vertical potential of the deposit, which remains open at depth, a critical factor in assessing its economic viability.

Springfield, acquired by Xpedra in November 2025, sits in the Lachlan Fold Belt and has seen limited historical drilling prior to Xpedra’s maiden program. The project’s geology suggests potential for mesothermal vein-style gold mineralisation, supported by these recent thick, high-grade intercepts.

As Xpedra continues to unlock Springfield’s potential, the market will be watching closely to see if follow-up drilling confirms the depth extensions and further high-grade zones that could underpin a significant new gold discovery in NSW.