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Drilling hits strong alteration at Red Setter
Wishbone Gold Plc announced that drilling at its Red Setter Gold Dome Project in Western Australia has intersected multiple zones of brecciation and alteration with sulphide mineralisation starting at approximately 520m in its second diamond drill hole, #25RSDD002. This second hole, a 200m step-out south-west from the first hole, showed significantly more heat alteration than the initial drill hole. The first drill hole terminated at 777m. The company has enough drill rods to drill this hole to around 1,000m. Core samples from the first drill hole are at ALS Laboratories in Perth, with assaying expected to begin shortly and results anticipated in the coming weeks. Disclaimer*
About this update from Wishbone Gold Plc
[{"type":"text","content":"\n\nThis 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\n\n25 September 2025\n \nWishbone Gold Plc\n(\"Wishbone\" or the \"Company\")\nLondon AIM & Aquis: WSBN\n \nDrilling hits strong alteration with mineralisation at Red Setter Gold Dome Project in Western Australia\n \nSecond drill hole step-out 200m south-west from Hole 1 with breccia zone at 520m\n \nWishbone Gold Plc is pleased to announce that drilling at the Company's Red Setter Gold Dome Project, located 20km south-west of Greatland Gold Plc's (AIM and ASX: GGP) Telfer gold mine in Western Australia (Figure 1), has now intersected multiple zones of brecciation and alteration with sulphide mineralisation starting at around 520m in its second diamond drill hole (Figures 2-12).\n \nAlthough drilling at this second hole (#25RSDD002) is at an early stage, Wishbone sees the potential for a significant geological and mineralisation event at Red Setter.\n \nOriginal expectations for this second hole were that drilling would potentially intersect the breccia and mineralisation as identified in the first hole (#25RSDD001) at a much deeper depth, as the step-out is 200m south-west from the breccia intercept in the first drill hole.\n \nThe second drill hole geology has showed significantly more heat alteration (metamorphism) than the first drill hole. Metamorphism is seen in the rock core as bleaching events that destroys the colour of the original sediments, which may grade in places to metasomatism due to hydrothermal alteration. Further drilling will define the scale of the system and the types of alteration to be assessed.\n \nThere are enough drill rods on site to drill this hole to around 1,000m should this second hole merit it. The first hole terminated at a depth of 777m still in strong brecciation.\n \nThe first drill hole core samples are at ALS Laboratories in Perth and have been cut, with sample preparation underway. Assaying will begin shortly and results expected in the coming weeks.\n \nEd Mead, Wishbone Gold WA director, commented: \"These are encouraging early...