Drilling Underway at Red Setter Project

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

Please click the following link to view the figure(s) and illustration(s) included in the below announcement:

https://wishbonegold.com/wp-content/uploads/2022/06/WSBN-RNS-220617-Drilling-Underway-at-Red-Setter-Project-6fl6.pdf

17 June 2022

Wishbone Gold Plc

("Wishbone" or the "Company")

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

Drilling Underway at Red Setter Project

Patersons Range, Western Australia

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce drilling is underway (Photo 1) at the Company's Red Setter Gold-Copper Project in the Patersons Range area in Western Australia.

The Red Setter Project is situated on the 57.4km² 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 for drilling to have started at Red Setter. It is exciting to be using DDSR's multi-purpose rigs which should provide a much more efficient program. We will provide updates as the work progresses."

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

www.wishbonegold.com .

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Photo 1: Drilling underway at Red Setter - click link above to view