REG - Wishbone Gold PLC - Drill Rig Mobilising to Red Setter Project

Wishbone GoldAnnouncement

31/05/2022 12:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220531:nRSe4163Na&default-theme=true

RNS Number : 4163N  Wishbone Gold PLC  31 May 2022

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

 

 

 

 

31(st) May 2022

 

Wishbone Gold Plc

("Wishbone" or the "Company")

Wishbone Gold Plc / Index: AIM: WSBN / Sector: Natural Resources / AQSE: WSBN

 

Drill Rig Mobilising to Red Setter Project

 

Patersons Range, Western Australia

 

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that the
drill rig will mobilise from Perth towards the end of this week, to the
Company's Red Setter Gold-Copper Project in the Patersons Range area in
Western Australia.

 

The small delay has been caused by the highly publicised severe wet weather in
the Pilbara as well as in the eastern states of Australia. The latter has
slowed transportation of support vehicles back to Western Australia but this
is now complete.

The Red Setter Project is situated on the 57.4km(2) wholly owned Exploration
Licence EL45/5297 and is located 13 km south-west of Newcrest Mining's Telfer
Gold-Copper Mine and 60km west of Newcrest and Greatland Gold's Havieron
gold-copper discovery.

The first phase of the drilling contract is for 3,000m of drilling at Red
Setter, with the second phase of the contract for a further 7,000m of drilling
split between WSBN's Red Setter Project and the Company's Cottesloe Project to
the south.

The track mounted drilling rig is a multi-purpose rig, capable of 150m Reverse
Circulation and diamond core to 1,200m.

Richard Poulden, Wishbone Gold's Chairman, commented, "We are very pleased to
have the drill rig and drilling team mobilise from Perth to Red Setter. Terra
Search geological and support team are on site at Telfer, and ready for their
arrival. I look forward to announcing the start of drilling at Red Setter
shortly for the 3,000 metres of the first phase program."

 

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

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

END

 

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

 Peterhouse Capital Limited
 (Broker)
 Lucy Williams and Duncan Vasey                            Tel: +44 20 7469 0930

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDEAESFDLDAEFA