REG - Wishbone Gold PLC - Second Drill Rig Secured for Red Setter Project

Wishbone GoldAnnouncement

03/08/2022 07:15

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RNS Number : 7398U  Wishbone Gold PLC  03 August 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

 

3 August 2022

 

Wishbone Gold Plc

("Wishbone" or the "Company")

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

 

Second Drill Rig Secured for Red Setter Project

 

Patersons Range, Western Australia

 

 

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that it has
secured a second drill rig for the Company's Red Setter Gold-Copper Project in
the Patersons Range area in Western Australia.

 

DDH1 Drilling, who have extensive drilling experience in the Patersons Range,
are scheduled to mobilise a diamond drill rig (capable of mud rotary drilling
through the Permian cover) together with necessary support equipment to Red
Setter later this week. Drilling is planned to start around 10 August 2022.

 

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.

Richard Poulden, Wishbone Gold's Chairman, commented, "I am pleased that our
Australian management team have managed to secure a second rig for Red Setter
for next week. DDH1 Drilling know the ground conditions well in the Patersons
following extensive experience at Havieron, from the early days.  The
exciting times at Wishbone continue."

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

 

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