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Drilling Approved for Cottesloe Project
Drilling Approved for Cottesloe Project.
About this update from Wishbone Gold Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8998A\n Wishbone Gold PLC\n 04 June 2021\n \n \n \n \n The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014\n as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\")\n \n \n \n \n \n \n Please click the following link to view the figures and illustrations included in the below announcement:\n \n \n \n https://wishbonegold.com/images/2021/06/WSBN_RNS_210604_Drilling_Approved_for_Cottesloe_Project_la7d.pdf\n \n \n \n \n \n \n 4 June 2021\n \n \n \n \n \n Wishbone Gold Plc\n \n \n (\"Wishbone\" or the \"Company\")\n \n \n Wishbone Gold Plc / Index: AIM: WSBN / Sector: Natural Resources / AQSE: WSBN\n \n \n \n \n \n Drilling Approved for Cottesloe Silver / Base Metals Project \n \n \n \n 92km2 Cottesloe Project - 35 km south-east of \n \n \n Wishbone's Red Setter Project in the Patersons Range province of\n \n \n Western Australia\n \n \n \n Wishbone Gold Plc today announces that its initial Program of Works (\"POW\") for its Cottesloe Silver Project has been approved by the Western Australian Government's Department of Mines, Industry Regulation and Safety (\"DMIRS\"). This POW provides for the drilling of 20 reverse circulation drill holes to depths of 250 metres that are designed to test for potential precious and base metals mineralisation on multiple targets previous identified from historic exploration. \n \n \n Richard Poulden, Wishbone Gold's Chairman, commented, \n \n \n \n \n \n \"We see the potential for Cottesloe to host both precious metals and base metals based on historic exploration work. As Cottesloe is very close to Red Setter, the Company's exploration consultants Terra Search will run Cottesloe's exploration concurrently with our work at Red Setter and service the exploration efforts from the Telfer based camp.\"\n \n \n \n \n \n The Cottesloe Project:\n \n \n \n \n \n As previously reported on 3 March 2021, the Cottesloe Project is located around 55 km south of Newcrest Mining's Telfer Gold Mine and about 35 km south-east of Wishbone's Red Setter Project in the Patersons Range province of Western Australia. Cottesloe consists of one granted exploration license E45/4543 an...