Wishbone Gold PLC Drill Rig Mobilising to Red Setter Project (4163N)

TIDMWSBN

RNS Number : 4163N

Wishbone Gold PLC

31 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

31(st) May 2022

Wishbone Gold Plc

("Wishbone" or the "Company")

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

Drill Rig Mobilising to Red Setter Project

Patersons Range, Western Australia

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that the drill rig will mobilise from Perth towards the end of this week, to the Company's Red Setter Gold-Copper Project in the Patersons Range area in Western Australia.

The small delay has been caused by the highly publicised severe wet weather in the Pilbara as well as in the eastern states of Australia. The latter has slowed transportation of support vehicles back to Western Australia but this is now complete.

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.

The first phase of the drilling contract is for 3,000m of drilling 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 track mounted drilling rig is a multi-purpose rig, capable of 150m Reverse Circulation and diamond core to 1,200m.

Richard Poulden, Wishbone Gold's Chairman, commented, "We are very pleased to have the drill rig and drilling team mobilise from Perth to Red Setter. Terra Search geological and support team are on site at Telfer, and ready for their arrival. I look forward to announcing the start of drilling at Red Setter shortly for the 3,000 metres of the first phase program."

For more information on Wishbone, please visit the Company's website.

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

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 or visit 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.

END

UPDEAESFDLDAEFA

(END) Dow Jones Newswires

May 31, 2022 06:47 ET (10:47 GMT)

Wishbone Gold (LSE:WSBN)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024