Sponsored Content for Scott Funston

Xpedra Resources has bolstered its New South Wales portfolio by acquiring the high-grade Neeld gold project, a historic producer of about 439,000 ounces at exceptional grades of 41g/t. At the same time, early drilling at its Springfield project, 200km to the north-east, has delivered wide, shallow gold zones, confirming a growing mineralised system and positioning the company with a blend of high-grade, bulk tonnage exploration upside.

Xpedra Resources has kicked off reverse circulation drilling along a neglected and poorly tested 1700-metre-long high-grade gold intrusion at its Springfield prospect, near Gulgong in central New South Wales. Extensional and deep drilling will assess thick, shallow, high-grade gold intercepts that remain open in all directions and have not been worked on since 1999.

Xpedra Resources has handed the keys to a seasoned mine builder just as the drill bit prepares to bite into its promising Springfield gold deposit in New South Wales. With chunky historical hits from surface and a 25-year exploration hiatus, the company is betting fresh leadership and fresh holes can turn a forgotten play into a modern Australian gold story.