Xpedra Resouces begins 5,000-metre gold drilling program
By Liezl GambeKey points
- Xpedra Resources launched a 4,000 to 5,000-metre reverse circulation drilling programme at its Springfield gold deposit in New South Wales.
- The drilling aims to test an untested 1.1-kilometre corridor and extend mineralisation deeper.
- The programme follows up on the company's previous announcement made on Oct. 21.
Xpedra Resources (ASX:XPD) has commenced a 4,000 to 5,000-metre reverse circulation drilling programme at its wholly owned Springfield gold deposit in New South Wales.
The Phase 3 campaign follows an initial update released by the company on 21 October.
The current drilling is scheduled to test an undrilled 1.1-kilometre corridor located along strike from prior mineralised intercepts.
Xpedra stated that the campaign will also evaluate whether known gold mineralisation extends further at depth.
Following the announcement, the Xpedra Resources share price was unchanged at $0.019.
The Springfield project sits within New South Wales and forms a central part of the explorer's regional gold asset portfolio.
The company continues systematic exploration across its Lachlan Fold Belt acreage to outline potential resource extensions.
