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An update from Thunderbird Resources ( (AU:XPD) ) is now available.
Xpedra Resources has secured final state approval from the New South Wales Government to commence its maiden drilling program at the Springfield Gold Deposit, marking the first drilling on the project since 1999. The initial 30–40 hole, approximately 3,500-metre reverse circulation campaign will target infill, shallow extensional and deeper zones of known mineralisation, test interpreted high-grade structures, and follow up anomalous results at Springfield North, aiming to build resource scale and better define the project’s gold potential after more than 25 years of exploration inactivity.
More about Thunderbird Resources
Xpedra Resources Limited is an Australian-listed mineral exploration company focused on gold, having recently acquired a 100% interest in the Springfield Gold Deposit in New South Wales. The company is targeting underexplored, historically drilled gold systems where modern, systematic exploration can potentially unlock additional mineralisation and project scale.
Average Trading Volume: 1,248,937
Technical Sentiment Signal: Buy
Current Market Cap: A$15.55M
For an in-depth examination of XPD stock, go to TipRanks’ Overview page.