Xpedra Resources (ASX:XPD) has cleared the final regulatory hurdle to begin its highly anticipated maiden drilling program at the Springfield gold deposit in New South Wales.
Following the grant of the final permit from the NSW Government, the company is set to break a 27-year hiatus, marking the first drilling activity at the site since 1999.
The milestone follows Xpedra's 100% acquisition of the asset in December 2025 and the recent finalisation of land access agreements.
The upcoming campaign is an ambitious 3,500-metre reverse circulation program consisting of 30 to 40 holes.
It is strategically designed to test both shallow and deep mineralised zones where gold remains "open" in multiple directions.
Technical teams are particularly focused on following up on exceptional historical results, which include surface-level intercepts of 27m @ 3.65g/t Au and deeper strikes of 86m @ 1.04g/t Au.
Beyond infill drilling to confirm continuity, Xpedra will conduct the first-ever follow-up of anomalous shallow air-core results at Springfield North.
The drilling contractor has already completed initial site visits, and the rig is expected to mobilise in the coming weeks.
At the time of reporting, Xpedra Resources’ share price was $0.028.