Business
Drilling Update at Halo Copper Gold Project
Drilling Update at Halo Copper Gold Project.
About this update from Wishbone Gold Plc
[{"type":"text","content":"\n \n \n \n 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\n \n \n \n \n \n \n \n \n \n \n \n \n \n Please click the following link to view the figure(s) and illustration(s) included in the below announcement:\n \n \n \n \n \n https://wishbonegold.com/wp-content/uploads/2022/06/WSBN-RNS-220624-Drilling-Update-at-Halo-Copper-Gold-Project-gak3.pdf\n \n \n \n \n \n \n \n \n \n \n 24 June 2022\n \n \n \n \n \n \n Wishbone Gold Plc\n \n \n \n \n (\"Wishbone\" or the \"Company\")\n \n \n \n Wishbone Gold Plc / Index: AIM: WSBN / Sector: Natural Resources / AQSE: WSBN\n \n \n \n \n \n \n DRILLING UPDATE AT HALO COPPER GOLD PROJECT\n \n \n \n \n \n \n \n \n \n Queensland, Australia\n \n \n \n \n \n \n \n \n Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to update the market regarding the Wishbone II Gold-Copper drill program at its 100% owned Halo Project in North Queensland.\n \n \n \n \n \n Drilling at Halo is proceeding to plan with Terra Search logging copper mineralisation in the majority of holes drilled to date in this phase of drilling. Encouragingly, malachite in oxide sections and chalcopyrite in primary sulphide sections have been logged over significant intervals of several metres.\n \n \n \n \n \n \n \n Several composition granitic and dioritic plutonic rocks are present, most of which are affected to some degree by hydrothermal alteration associated with intrusive related mineralisation. Conspicuous red K feldspar alteration is noted accompanied by disseminated and veined chalcopyrite and also chlorite and probable magnetite. This mineral assemblage is often present in the higher temperature core of intrusive related mineral systems such as higher level porphyry style. The general impression is that Halo Prospect is possibly at the deeper plutonic level, however given the proximity to the 5 million ounce Ravenswood Gold Mine, elements of a similar high level intrusive system may also be present. \n \n \n \n \n \n Wishbone Gold's Hole # 21 is the most promising hole to date. Preliminar...