REG - Wishbone Gold PLC - Drilling Contract Signed for Wishbone II

Wishbone GoldAnnouncement

16/05/2022 07:00

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RNS Number : 5271L  Wishbone Gold PLC  16 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

 

 

Please click the following link to view the figures and illustrations included
in the below announcement:

https://wishbonegold.com/wp-content/uploads/2022/05/WSBN-RNS-220513-Drilling-Contract-Signed-for-Wishbone-II-mgw1.pdf
(https://wishbonegold.com/wp-content/uploads/2022/05/WSBN-RNS-220513-Drilling-Contract-Signed-for-Wishbone-II-mgw1.pdf)

 

 

 

16(th) May 2022

 

Wishbone Gold Plc

("Wishbone" or the "Company")

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

 

DRILLING CONTRACT SIGNED FOR WISHBONE II

 

Queensland, Australia

 

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that it has
signed the drilling contract for its Wishbone II Gold-Copper Project in
Northern Queensland.

 

Heritage surveys have been completed in the last few weeks over all the
planned drill sites so deployment for drilling is dependent only on weather in
the Townsville area improving.

 

Wishbone's Queensland exploration properties are situated in the highly
prospective Charters Towers-Ravenswood district in north Queensland's premier
gold province. They consist of 54 sub-blocks amounting to 174 km(2) of wholly
owned licences and are located only 10km from the 5 mil oz Ravenswood gold
mine.

 

The maiden drill program will consist of 2,000m of reverse circulation holes
to test surface gold and copper anomalies at depth and look for continuous
underground structures.

 

Richard Poulden, Wishbone Gold's Chairman, commented, "We are delighted to
have secured a rig with such an experienced team to drill on the gold and
copper targets. This program will run in parallel with our work on our
properties in Western Australia."

 

Full technical details and news releases on the Wishbone II assets can be
viewed on the Company's website at
https://wishbonegold.com/projects/wishbone-ii-iv-vi/
(https://wishbonegold.com/projects/wishbone-ii-iv-vi/) .

 

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

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

 

 

Photo 1: Pegged drill target area being cleared by Heritage surveyors and
Wishbone Gold - see first link above to view

 

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

 

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