REG - Wishbone Gold PLC - WA Government Co-Funded Geophysics Program

Wishbone GoldAnnouncement

26/09/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240926:nRSZ7772Fa&default-theme=true

RNS Number : 7772F  Wishbone Gold PLC  26 September 2024

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

 

 

26(th) September 2024

 

Wishbone Gold Plc

("Wishbone" or the "Company")

Index: AIM: WSBN / Sector: Natural Resources / AQSE: WSBN

 

Western Australia Government Co-Funded Geophysics program for Mosquito Creek

 

Wishbone announces that its application for a co-funded Geophysics Exploration
Program at its Mosquito Creek project has been accepted by the Government of
Western Australia. As a result, the Company will receive a contribution of
AU$55,000 towards exploration at its highly prospective Nullagine tenements at
Mosquito Creek where gold nuggets over 2kg have already been found.

 

This program is a flagship component of the Exploration Incentive Scheme
("EIS") run by the Western Australian Government. The EIS initiative is aimed
at stimulating private sector mineral and petroleum exploration leading to new
mineral and energy discoveries. Projects are submitted on a competitive basis
and funding is allocated according to the prospectivity of the projects and
the competence of the submission. The Program is competitive and only open for
applications twice a year.

 

As previously announced in May 2023, Wishbone successfully utilised the EIS at
its Cottesloe project. It offers up to a 50 per cent refund for innovative
exploration drilling projects, capped at specific amounts.

 

Mosquito Creek is in the Pilbara Region of Western Australia located 260km
south east of Port Headland and comprises the Crescent East lithium and gold
project. Crescent East is 180km from the Wodgina and Pilgangoora lithium mines
and only 100km from the Global Lithium Archer deposit.

 

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

 Tavira Financial Limited
 (Broker)
 Chris Kipling                                             Tel: +44 20 3833 3742

 SP Angel Corporate Finance LLP
 (Broker)
 Ewan Leggat                                               Tel: +44 20 3470 0470

 Soho Communications Ltd
 (Financial PR)
 George Hudson                                             Tel: +44 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDEASNKAANLEEA