REG - Wishbone Gold PLC - Heritage Survey at Red Setter Project Completed

Wishbone GoldAnnouncement

19/05/2022 10:15

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RNS Number : 1082M  Wishbone Gold PLC  19 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-220519-Heritage-Survey-Over-Additional-Targets-at-Red-Setter-Project-Completed-0gmw.pdf
(https://wishbonegold.com/wp-content/uploads/2022/05/WSBN-RNS-220519-Heritage-Survey-Over-Additional-Targets-at-Red-Setter-Project-Completed-0gmw.pdf)

 

 

19(th) May 2022

 

Wishbone Gold Plc

("Wishbone" or the "Company")

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

 

Heritage Survey Over Additional Targets at Red Setter Project Completed

 

Patersons Range, Western Australia

 

 

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that a
heritage survey has been completed at the Company's Red Setter Gold-Copper
Project located 13 km south-west of the Telfer Gold Mine, in the Patersons
Range of Western Australia. The survey did not identify any heritage sites at
Red Setter. The additional surveys have increased access to peripheral targets
beyond those already cleared, where drilling will start in the next few weeks.
The heritage survey team has now moved down to the Cottesloe Project located
55 km south-southwest of the Telfer Gold Mine.

The Company's Red Setter and Cottesloe Projects (Figure 1) are located 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 is for 3,000m at Red Setter, with the second
phase of the contract for a further 7,000m of drilling split between WSBN's
Red Setter Project which has heritage clearance, and the Company's Cottesloe
Project to the south, subject to the ongoing heritage survey.

 

Richard Poulden, Wishbone Gold's Chairman, commented, "We are very pleased to
have the heritage clearance at Red Setter completed for additional peripheral
targets. This now gives the company increased capacity to drill further holes
based on the success of the first phase of drilling. The drill rig is still on
track to start drilling later this month and I look forward to the rig
mobilising from Perth."

 

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

 

Figure 1: Red Setter and Cottesloe Project location plan - Patersons Range
Western Australia - click link above to view

 

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