REG - Wishbone Gold PLC - Drilling Expands Breccia Pipe Interval, Red Setter

Wishbone GoldAnnouncement

21/08/2025 07:00

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RNS Number : 2378W  Wishbone Gold PLC  21 August 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

 

 

 

21 August 2025

 

Wishbone Gold Plc

("Wishbone" or the "Company")

London AIM & Aquis: WSBN

 

 

Drilling Expands Breccia Pipe Interval at Red Setter Gold Project in Western
Australia

 

152m of Breccia within overall 257m zone of Quartz-carbonate veining and
sulphides

 

Wishbone Gold Plc is pleased to announce that drilling at the Company's Red
Setter Gold Dome Project, located 15km South-West of Greatland Gold Plc's (AIM
and ASX: GGP) Telfer gold mine in Western Australia (Figure 1), has drilled
the breccia identified in hole number 25RSDD001 down to a depth of 777m
(Figures 2-3), an interval of 152m, with Quartz-carbonate veining and
sulphides of chalcopyrite and pyrite on either side from 520m-777m a total
zone of 257m.

 

Quartz-carbonate veining and sulphides of chalcopyrite and pyrite have now
been observed from 520m, with increasing intensity to ~570m down hole. From
570m to 722m an interval of 152m a breccia pipe was intersected, with
quartz-carbonate veining and sulphides of chalcopyrite and pyrite observed to
end of hole at 777m (Figures 4-10).

 

This hole will be potentially drilled deeper later on in this program, when
additional drill pipe is mobilised to site by the drilling contractor.

 

The drill core is currently being transported from site to Perth to be cut and
assayed.

 

 

Ed Mead, Wishbone Gold WA director, commented; "We decided to call it a day
for now at 777m depth in this first hole at Red Setter as we await the
delivery of more drill rods to site to drill deeper safely. Depending on what
we see in the second hole, we will be in a position to extend the depth of
this first hole later on in the program. The drill rig will now be setting up
on a step-out hole to test the breccia pipe more towards the centre of the
system. The plan is to drill the top of the second hole with a rotary mud bit
to a depth of approximately 150m before setting casing and drilling on with PQ
diamond core followed by narrower NQ core to final depth. The drilling
contractor has been asked to mobilise enough drill rods to reach depths of
over 1,000m for this program and the Company is investigating the possibility
of running the drill program on a double shift basis."

 

 

Figure 1: WSBN Exploration Tenement applications immediately surrounding the
Telfer Mine.

 

Figure 2: Breccia with chalcopyrite and pyrite sulphides, Core from 713-717m.

 

Figure 3: Breccia with chalcopyrite and pyrite sulphides, Core from 717-722m.

 

 

 Figure 4: Quartz carbonate veining including chalcopyrite and pyrite
sulphides at 746.2m.

Figure 5: Quartz carbonate veining including chalcopyrite and pyrite sulphides
at 756.5m

 Figure 6: Quartz carbonate veining including chalcopyrite and pyrite sulphides at 754.2m

 Figure 7: Quartz carbonate veining including chalcopyrite and pyrite
sulphides at 751.4m

 Figure 8: Quartz carbonate veining including chalcopyrite and pyrite
sulphides at 751m.

 Figure 9: Quartz carbonate veining including chalcopyrite and pyrite
sulphides at 740m.

 

Figure 10: Quartz carbonate veining including chalcopyrite and pyrite
sulphides at 738.4m

 

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

 

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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