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

Wishbone GoldAnnouncement

12/05/2022 07:00

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RNS Number : 2403L  Wishbone Gold PLC  12 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-220512-Heritage-Survey-Over-Additional-Targets-at-Red-Setter-Project-Underway-0qq1.pdf
(https://wishbonegold.com/wp-content/uploads/2022/05/WSBN-RNS-220512-Heritage-Survey-Over-Additional-Targets-at-Red-Setter-Project-Underway-0qq1.pdf)

 

 

 

 

12(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 Underway

 

Patersons Range, Western Australia

 

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that a
heritage survey is underway 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 aim of this survey is to increase access to peripheral
targets, beyond those already cleared, where drilling will start in the next
few weeks. The heritage survey will then move 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 and the Company's Cottesloe Project to the south.

The heritage survey will clear all areas for the 10,000m of planned drilling.

Richard Poulden, Wishbone Gold's Chairman, commented, "We are very pleased to
have the heritage survey underway to clear the project areas for all planned
drilling this year, at Red Setter and Cottesloe. The heritage clearance of
additional targets at Red Setter will also give 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 updating the market as this progresses."

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 - see link above to view

 

Photo 1: Red Setter Heritage Survey Underway - see link above to view

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