REG - Wishbone Gold PLC - Red Setter Gold Dome Project Exploration Update

Wishbone GoldAnnouncement

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RNS Number : 8223D  Wishbone Gold PLC  17 October 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

 

 

 

 

17 October 2025

 

Wishbone Gold Plc

("Wishbone" or the "Company")

London AIM & Aquis: WSBN

 

 

Red Setter Gold Dome Project Exploration Update

 

Reverse Circulation to start 21 October

 

Wishbone Gold Plc is pleased to provide this update to shareholders on
activities at the Company's Red Setter Gold Dome Project, located 20km
South-West of Greatland Gold Plc's (AIM and ASX: GGP) Telfer gold mine in
Western Australia (Figure 6).

 

Diamond drilling on hole 2 (25RSDD002) was completed at 950m and has now moved
to a planned 500m deep drill hole (hole 3) located 1.6km north of holes 1 and
2. The core from hole 2 hit multiple zones of fracturing with pyrite (Figure
1-5). The core will be dispatched to Perth and ALS Laboratories shortly for
cutting and assay.

 

Hole 3 (25RSDD003) is following up on previously drilled WRSDD0008 that
intercepted 7m @ 2g/t gold and 0.38 copper from 273m.

 

As mentioned in the Company's last announcement, the Schramm T685i (DR21)
Reverse Circulation ("RC") rig from Core Drilling Services (Core) will be
mobilising to site this weekend and start drilling on 21(st) October.

 

The RC drill rig will complement the diamond drill rig Core have on site, with
pre-collars generating more target angles into the Red Setter Dome, additional
water bores to supply water for double shifting diamond drilling and targeting
shallower copper gold intercepts from 117m reported in drilling from 2023
around the diorite dyke.

 

The RC rig has been contracted for an initial 5,000m of drilling.

 

Ed Mead, Wishbone Gold WA director, commented: "Diamond drilling is now on
double shift and with the Reverse Circulation drill rig arriving this weekend
we are ramping up activities to expedite exploration. I look forward to the
results arriving soon from the first drill hole, and while we await these
results, we have sent the diamond rig to nearby hole 3 to investigate past
findings. I look forward to presenting further updates on progress shortly."

 

 

 Figure 1: Pyrite vein at 850.75m

 

 

Figure 2: Fracturing of sediments with pyrite at 855.65m

 

Figure 3: Fracturing of sediments with pyrite at 856m

Figure 4: Fracturing of sediments with pyrite at 866 to 870m

 

 

Figure 5: Minor fracturing of sediments with pyrite at 943m to 950m EOH.

 

 

Figure 6: WSBN Red Setter Project (Red) and Exploration Tenement applications
(Blue) immediately surrounding the Telfer Mine.

 

 

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

 Cranborne Communications Ltd
 George Hudson                                             Tel: +44 (0)78 0360 3130

 

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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