Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Thunderbird Resources ( (AU:XPD) ) has shared an update.
Xpedra Resources has commenced a maiden reverse circulation drilling program at its recently acquired Springfield Gold Deposit in New South Wales, marking the first drilling on the project since 1999. The campaign will test and extend known gold mineralisation over a 1,700m-long intrusion, with about 3,500m of drilling planned across 30 to 40 holes.
Historical shallow drilling at Springfield has already outlined thick, near-surface and high-grade gold intercepts over a limited portion of the strike, with mineralisation remaining open along strike and at depth. The new drilling is intended to systematically explore these extensions and new targets along the corridor, potentially enhancing Xpedra’s resource base and strengthening its position in the Australian gold exploration sector.
More about Thunderbird Resources
Xpedra Resources Limited is an Australian exploration company focused on gold projects, with a key asset in the Springfield Gold Deposit in central New South Wales. The company targets intrusion-hosted gold mineralisation, aiming to advance underexplored tenements with historical high-grade intercepts into more defined resources within a key Australian gold district.
YTD Price Performance: 44.44%
Average Trading Volume: 1,491,124
Technical Sentiment Signal: Buy
Current Market Cap: A$14.98M
See more insights into XPD stock on TipRanks’ Stock Analysis page.

