REG - Wishbone Gold PLC - Breccia Pipe Intersected at Red Setter Project

Wishbone GoldAnnouncement

18/08/2025 07:00

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RNS Number : 6918V  Wishbone Gold PLC  18 August 2025

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of MAR

 

 

 

 

18 August 2025

 

Wishbone Gold Plc

("Wishbone" or the "Company")

London AIM & Aquis: WSBN

 

 

Significant Breccia Pipe Intersected at Red Setter Gold Project in Western
Australia

 

Over 130 metres of Breccia with Sulphides Intersected from 570 metres

 

Wishbone Gold Plc is pleased to announce that drilling at the Company's Red
Setter Gold Dome Project, located 15km South West of Greatland Gold Plc's (AIM
and ASX: GGP) Telfer gold mine in Western Australia (Figure 1), has drilled
into the top of a significant breccia pipe with its first hole of this drill
program (Figures 2-8). Zones of quartz-carbonate veining and sulphides of
chalcopyrite and pyrite were observed from 520m, with increasing intensity
towards ~570m. Variable intensity of brecciation has been observed over an
interval of more than 130m from ~570m, to current depth of ~700m with drilling
still continuing as of this release.

 

The drill plan for this hole (hole number 25RSDD001) is to now continue down
to total depth of ~750m, and then potentially drill deeper later on in this
program, when additional drill pipe is mobilised to site by the drilling
contractor.

 

Transport of the core to Perth to be cut and assayed will now be expedited.

 

As announced on 25 April 2025 the Mobile MT domal target interpreted by Expert
Geophysics Limited (EGL), showed the original top of target depth at around
550m.

 

On completion of the current drill hole, a step out hole will be collared from
surface to the south-west of the current hole aimed at assessing the lateral
extent of this breccia zone. The step out drill hole will be targeting around
50m to 75m distance from the current down hole position at a depth of 550m.

 

Ed Mead, Wishbone Gold WA director, commented: "It is outstanding to see the
emergence of this mineralised breccia pipe and see the intensity of
brecciation and the amount of quartz-carbonate veining and sulphides. This is
a fantastic outcome as brecciation typifies a style of gold and copper
mineralisation seen at both the nearby Telfer and Havieron deposits.
Transportation of the core to Perth to be cut and assayed is a priority. We
look forward to updating shareholders as we further test this exciting
target."

 

 

Figure 1: WSBN Exploration Tenement applications immediately surrounding the
Telfer Mine.

 

Figure 2: Breccia started at ~570 metre with chalcopyrite and pyrite
sulphides, Core from ~575-579m.

 

Figure 3: Breccia with chalcopyrite and pyrite sulphides from ~605-610m.

Figure 4: Breccia including chalcopyrite and pyrite sulphides at around
619-623m

 

Figure 5: Breccia including chalcopyrite and pyrite sulphides at around
627-632m.

 

Figure 6: Breccia including chalcopyrite and pyrite sulphides at around
642-646m.

 

Figure 7: Quartz carbonate veining, breccia including chalcopyrite and pyrite
sulphides at around 690-700m.

 

Figure 8: Selection of Breccia core intercepts from 570m to 650m.

END

 

For more information on Wishbone, please visit the Company's website.

www.wishbonegold.com (http://www.wishbonegold.com) .

 

For further information, please contact:

 Wishbone Gold PLC

 Richard Poulden, Chairman                                 Tel: +971 4 584 6284

 Beaumont Cornish Limited
 (Nominated Adviser and AQUIS Exchange Corporate Adviser)
 Roland Cornish/Rosalind Hill Abrahams                     Tel: +44 20 7628 3396

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

Competent Persons Statement

The Information in this report that relates to exploration results, mineral
resources or ore reserves is based on information compiled by Mr Edward Mead,
who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr
Mead is a director of Wishbone Gold WA Pty Ltd and is a consultant to Wishbone
Gold Plc and employed by Doraleda Pty Ltd. Mr Mead has sufficient experience
which is relevant to the style of mineralisation and type of deposits under
consideration and to the activity that he is undertaking to qualify as a
Competent Person as defined in the 2012 edition of the `Australian Code for
Reporting Exploration Results, Mineral Resources and Ore Reserves' (the JORC
Code). Mr Mead consents to the inclusion of this information in the form and
context in which it appears in this report.

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