Aankondiging • Apr 22
Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £1.1 million. Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £1.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,174,573
Price\Range: £0.2635
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Aankondiging • Apr 21
Wishbone Gold plc Mobilises Drill Rig to Red Setter Project Wishbone Gold Plc announced that a Reverse Circulation (RC) rig is mobilising from Perth to the Company's Red Setter Project in the Paterson Province of Western Australia, located 20km south-west of Greatland Gold Plc's Telfer gold mine, and 50km east of Cyprium Metals Ltd.'s Nifty copper mine. The first phase of the 2026 drilling contract is for an estimated 3,500m of RC drilling at Red Setter, with the second phase of the contract for a further 4,500m of diamond drilling planned to start in about 3 weeks. All drill rigs are tracked mounted which will improve mobility on site. A heritage survey has also been completed on the proposed new road from Nifty to Red Setter. The final report is due in 3-4 week's time. A 25-hole drill programme totalling approximately 9,000 metres has been designed to: Test extensions of known gold-copper mineralisation; Evaluate continuity along the 4km diorite trend; Improve understanding of structural controls on mineralisation; Target zones of strongest alteration and sulphide mineralisation. Drilling will utilise reverse circulation pre-collars followed by diamond core tails, targeting depths of up to 400 metres. Aankondiging • Mar 16
Wishbone Gold Plc Confirms Gold-Copper Mineralisation At Red Setter and Plans 9,000 Metre Drill Programme Wishbone Gold Plc provided an exploration update from its Red Setter Project in the Paterson Province of Western Australia, located 20km south-west of Greatland Gold Plc's Telfer gold mine, and 50km east of Cyprium Metals Ltd.'s Nifty copper mine. Results from the Company's 2025 drilling campaign confirm the presence of gold and copper mineralisation within the Red Setter diorite trend, which extends for approximately 4 kilometres. These assay results further support the potential for the project to host a large-scale mineralised system within one of Australia's most prospective gold-copper provinces. For 2026 the Company has designed a 25 hole drilling programme of approximately 9,000 metres to follow up on these encouraging results and to test extensions of the mineralised system. The Company is well funded for the 2026 drill programme and is actively working with its geological teams to mobilise the drilling crews to site as soon as practicable once the rainy season ends in April. The gold and copper assay results from the 2025 drilling programme are consistent with previous results from Red Setter and highlight the potential of the Red Setter system to host significant mineralisation along the approximately 4-kilometre strike length of the diorite intrusion. Red Setter continues to demonstrate the hallmarks of a significant gold-copper system. With approximately 4 kilometres of prospective strike yet to be systematically drilled, the project has the potential to host a substantial mineralised system. The planned 9,000 metre drilling programme in 2026 will be the largest undertaken at Red Setter to date and is designed to rapidly advance understanding of the scale and continuity of the mineralisation. Gold-copper mineralisation confirmed along ~4 km strike length of the Red Setter diorite trend. Significant intercepts from the 2025 drilling programme included: 8.36m at 1.09 g/t Au and 0.05% Cu from 305m (25RSDD003) including 6.13m at 1.47 g/t Au and 0.06% Cu from 305m; 5.76m at 0.66 g/t Au and 0.4% Cu from 149m (25RSDD006); 4.05m at 0.23 g/t Au and 0.39% Cu from 126m (25RSDD007) including 0.6 m at 1.2 g/t Au and 2.46% Cu; 2m at 2.3% Cu from 185m (25RSRC002). Results are consistent with previous drilling, including: 18m at 0.49g/t Au and 0.004% Cu from 308m (WRSDD015) including 5m at 1.2g/t Au and 0.002% Cu from 319m; 14m at 1.0g/t Au and 0.2% Cu from 266m, including 7m at 2g/t Au and 0.38% Cu from 273m; 1m at 6.4g/t Au and 0.69% Cu from 273m; 25m at 0.28g/t Au and 0.11% Cu from 195m, including 1m at 5.4g/t Au and 0.26% Cu from 198m; 1m at 6.48g/t Au and 15 ppm Cu from 246m (WRSDD009). Mineralisation occurs within altered zones of the Red Setter diorite intrusion and associated breccia zones, indicating a large mineralised hydrothermal system. Mobile Magnetotelluric (Mobile MT) geophysics has improved understanding of the project's structural setting. Focus has now returned to the main diorite trend where drilling has consistently intersected gold and copper mineralisation. 25 hole drill programme (9,000m) planned for 2026 targeting extensions to the mineralised trend. The 2025 drilling programme consisted of seven drillholes, including five diamond drillholes targeting the main diorite trend and two drillholes testing a Mobile MT geophysical target. Drilling within the diorite intrusion successfully intersected multiple zones of gold and copper mineralisation, confirming the presence of a significant hydrothermal system within the intrusion and surrounding alteration halos. A 25-hole drill programme totalling approximately 9,000 metres has been designed to: Test extensions of known gold-copper mineralisation; Evaluate continuity along the 4km diorite trend; Improve understanding of structural controls on mineralisation; Target zones of strongest alteration and sulphide mineralisation. Drilling will utilise reverse circulation pre-collars followed by diamond core tails, targeting depths of up to 400 metres. 2025 Drilling: 5m at 0.16 g/t Au from 168m 25RSRC001 including 1m at 0.37 g/t Au from 168m 25RSRC001; 1m at 0.13 g/t Au and 0.52 % Cu from 193m 25RSRC001; 4m at 0.08 g/t Au and 0.24 % Cu from 204m 25RSRC001; 9.71m at 0.06 g/t Au and 0.1 % Cu from 209.1m 25RSDD005 including 2.9m at 0.01 g/t Au and 0.18 % from 209.1m 25RSDD005 including 1.12m at 0.15 g/t Au and 0.34% Cu from 214.95m 25RSDD005; 2m at 0.81 % Cu and 0.26 g/t Au from 102m 25RSRC002; 2m at 0.29 g/t Au from 122m 25RSRC002; 2m at 2.3 % Cu and 0.08 g/t Au from 185m 25RSRC002; 4m at 0.004 g/t Au and 0.20 % Cu from 243m 25RSRC002; 5m at 0.36 g/t Au from 126m 25RSRC004; 4m at 0.25 g/t Au from 26m 25RSRC007; 1m at 0.56 g/t Au from 262.76m 25RSDD003; 8.36m at 1.09 g/t Au from 304.80m 25RSDD003 including 6.13m at 1.47 g/t Au from 304.8m 25RSDD003; 5.76m at 0.66 g/t Au and 0.4% Cu from 148.84m 25RSDD006; 1.43m at 0.76 % Cu and 0.15 g/t Au from 191m 25RSDD006; 1.97m at 0.39 g/t Au from 269.03m 25RSDD006; 5.35m at 0.036 g/t Au and 0.23 % Cu from 115m 25RSDD007; 4.05m at 0.23 g/t Au and 0.39% Cu from 125.95m 25RSDD007 including 0.6 m at 1.2 g/t Au and 2.46 % Cu. Previous Drilling: 1m at 0.76g/t Au from 335m WRSDD002; 3m at 0.31g/t Au from 395 m WRSDD003; 2m at 1.44 g/t Au from 494m WRSDD003; 1m at 0.62 g/t Au from 118m WRSDD004; 1m at 0.78 g/t Au from 165m WRSDD004; 1m at 1.26 g/t Au from 317m WRSDD004; 21m at 0.33g/t Au and 0.11% Cu from 198m WRSDD006 including 1m at 5.4g/t Au and 0.26% Cu from 198m; 3m at 1.98 g/t and 0.27% Cu from 395m WRSDD006; 1m at 0.7 g/t Au from 171m WRSDD008; 11m at 1.33g/t Au and 0.27% Cu from 269m WRSDD008 including 7m at 2g/t Au and 0.38% Cu from 273m and 1m at 6.4g/t Au and 0.69% Cu from 273m; 1m at 0.94 g/t Au and 0.15 % Cu from 75m WRSDD009; 1m at 0.37 g/t Au from 81m WRSDD009; 1m at 1.12 g/t Au from 156m WRSDD009; 3m at 0.82 % Cu and 0.18g/t Au from 166m WRSDD009 including 1m at 2.27 % Cu and 0.27 g/t Au from 166m; 1m at 6.48g/t Au from 246m WRSDD009; 1m at 0.74 g/t Au and 0.11% Cu from 88m WRSDD010; 7m at 0.58 g/t Au from 117m WRSDD011 including 1m at 3.2g/t Au from 122m; 1m at 0.88 g/t Au from 152m WRSDD011; 1m at 0.74 g/t Au from 327m WRSDD013; 1.35m at 0.26 g/t Au from 474m WRSDD014; 2.3m at 0.24 g/t Au and 0.13 % Cu from 487.7m WRSDD014; 4m at 0.38 g/t from 535m WRSDD014; 1m at 3.73 g/t Au and 0.1% Cu from 191m WRSDD015; 6m at 0.38 g/t Au from 243m WRSDD015; 3m at 0.51 g/t Au and 0.1% Cu from 282m WRSDD015; 18m at 0.49g/t Au from 308m WRSDD015 including 5m at 1.2g/t Au from 319m; 1m at 0.68 g/t Au from 337m WRSDD015; 1m at 0.40 g/t Au and 0.56% Cu from 384m WRSDD016; 1m at 1.08 g/t Au from 405m WRSDD016. Aankondiging • Nov 08
Wishbone Gold Plc, Annual General Meeting, Nov 28, 2025 Wishbone Gold Plc, Annual General Meeting, Nov 28, 2025. Location: hassans international law firm, madison building, midtown, queensway, gx11 1aa, Gibraltar Aankondiging • Oct 19
Wishbone Gold plc Provides Update on Activities At the Red Setter Gold Dome Project Wishbone Gold Plc provided this update to shareholders on activities at the Company's Red Setter Gold Dome Project, located 20km South-West of Greatland Gold Plc's Telfer gold mine in Western Australia. Diamond drilling on hole 2 (25RSDD002) was completed at 950m and has now moved to a planned 500m deep drill hole (hole 3) located 1.6km north of holes 1 and 2. The core from hole 2 hit multiple zones of fracturing with pyrite. The core will be dispatched to Perth and ALS Laboratories shortly for cutting and assay. Hole 3 (25RSDD003) is following up on previously drilled WRSDD0008 that intercepted 7m @ 2g/t gold and 0.38 copper from 273m. As mentioned in the Company's last announcement, the Schramm T685i (DR21) Reverse Circulation ("RC") rig from Core Drilling Services (Core) will be mobilising to site this weekend and start drilling on 21st October. The RC drill rig will complement the diamond drill rig Core have on site, with pre-collars generating more target angles into the Red Setter Dome, additional water bores to supply water for double shifting diamond drilling and targeting shallower copper gold intercepts from 117m reported in drilling from 2023 around the diorite dyke. The RC rig has been contracted for an initial 5,000m of drilling. Aankondiging • Oct 08
Wishbone Gold plc Announces Expansion of Drill Program at Red Setter Gold Dome Project in Western Australia Wishbone Gold Plc announced that, as part of the exploration expansion being funded by the recent £4 million raise, a second drill rig from Core Drilling Services ("Core") has been secured for the Company's Red Setter Gold Dome Project, in Western Australia. The Reverse Circulation ("RC") drill rig will complement the diamond drill rig Core have on site. With its pre-collars which are able to generate more target angles and additional water bores which will supply water for double shift diamond drilling, this now gives Wishbone the ability to target shallower copper gold potential intercepts. The RC rig has been contracted for an initial 5,000m of drilling. The Schramm T685i (DR21) is a high-capacity, truck-mounted RC rig with 35 tonne pullback, 45deg-90deg mast, and hands-free rod handling. Capable of drilling to 700m+, it delivers safe, efficient, and reliable RC samples in challenging ground. Aankondiging • Oct 01
Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £4 million. Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 307,692,307
Price\Range: £0.013
Transaction Features: Subsequent Direct Listing Aankondiging • Sep 27
Wishbone Gold plc Announces Drilling At the Company's Red Setter Gold Dome Project Wishbone Gold Plc announced that drilling at the Company's Red Setter Gold Dome Project, located 20km south-west of Greatland Gold Plc's Telfer gold mine in Western Australia, has now intersected multiple zones of brecciation and alteration with sulphide mineralisation starting at around 520m in its second diamond drill hole. Although 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. Original 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. The 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. There 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. The 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. Aankondiging • Aug 28
Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £1.5 million. Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 120,000,000
Price\Range: £0.0125
Transaction Features: Subsequent Direct Listing Aankondiging • Aug 18
Wishbone Gold plc Announces Drilling At the Company's Red Setter Gold Dome Project Wishbone Gold Plc announced that drilling at the Company's Red Setter Gold Dome Project, located 15km South West of Greatland Gold Plc's Telfer gold mine in Western Australia, has drilled into the top of a significant breccia pipe with its first hole of this drill program. Zones of quartz-carbonate veining and sulphides of chalcopyrite and pyrite were observed from 520m, with increasing intensity towards ~570m. Variable intensity of brecciation has been observed over an interval of more than 130m from ~570m, to current depth of ~700m with drilling still continuing as of this release. The drill plan for this hole (hole number 25RSDD001) is to now continue down to total depth of ~750m, and then potentially drill deeper later on in this program, when additional drill pipe is mobilised to site by the drilling contractor. Transport of the core to Perth to be cut and assayed will now be expedited. As announced on 25 April 2025 the Mobile MT domal target interpreted by Expert Geophysics Limited (EGL), showed the original top of target depth at around 550m. On completion of the current drill hole, a step out hole will be collared from surface to the south-west of the current hole aimed at assessing the lateral extent of this breccia zone. The step out drill hole will be targeting around 50m to 75m distance from the current down hole position at a depth of 550m. Aankondiging • Aug 13
Wishbone Gold plc Announces Drilling Update At Red Setter Gold Dome Project Western Australia Wishbone Gold Plc announced that drilling at the Company's Red Setter Gold Dome Project, located 15km South West of Greatland Gold Plc's operating Telfer gold mine in Western Australia, has intersected mineralisation in its first hole deepening program with zones of quartz-carbonate veining and sulphides of chalcopyrite and pyrite observed down hole. As announced on 25 April 2025 the Mobile MT domal target interpreted by Expert Geophysics Limited (EGL), showed the target depth at around 550 metres. This fracturing and evidence of sulphides from ~520 metres is encouraging in that the company are seeing strong signs of mineralisation within the concept of a domal folded hinge structure, as predicted by Mobile MT and the EGL model. Observed changes in bedding of the host rock, quartz-carbonate veining & sulphides of chalcopynite and pyrite within zones down the hole, are very positive indicators. Overall, these suggest company are peripheral to the main hinge target, and a new hole will now be collared to the south-west of the current hole to focus on what is now thought to be the centre of the domal structure. This will be some 50-75 metres from the current drill hole. Drilling is planned to test the current hole further to a depth of around 630 metres before shifting to the new hole. Progress has been a little slower than originally expected due to the drill rig only drilling on day shift, however, processing of core on site and geological and structural logging is giving the real time information on the domal structural the domal structural. This means that the company is seeing the significant changes in the bedding of the host rock as the approached the 550m target depth, indicating folds associated with a dome. The zones of significant quartz-carbonate veining seen indicates the presence of hydrothermal fluids often associated with mineralisation. Chalcopyrite (copper sulphide), as blebs in the veining and within fractures, and some bleaching/alteration within the drill core is also seen as highly encouraging. Drilling continues. Drillers on site at Red Setter. WSBN Exploration Tenement applications immediately surrounding the Telfer Mine. Chalcopyrite (copper) sulphides, alteration and quartz-carbonate veins at 520 metres. Chalcopyrite blebs within Quartz Carbonate veining at 566 metres. Big change in bedding, increased fracturing and sulphides at around 570 metres. Aankondiging • Jul 08
Wishbone Gold plc Announces New Tenement Applications in Western Australia Wishbone Gold Plc announced that it has applied for 12 new exploration tenements totaling approximately174 square kilometres over ground that geologists identified which is proximal to the Company's Red Setter Gold Dome Project. These are all within a 30km radius of Greatland Gold Plc's operating Telfer gold mine in Western Australia. These exploration tenement applications are all over land with vacant tenure. Several of the applications are located less than 6km from the Telfer mine site itself: refer Figure 1 and Figure 2. The applications increase Wishbone's overall footprint in the immediate area surrounding the Telfer Mine to231 sq kilometres (~400% size increase). Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish Limited (Nominated Adviser and AQUIS Exchange Corporate Adviser) is acting as nominated adviser to The Company in connection with this announcement. Aankondiging • Jul 04
Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £1.75 million. Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £1.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,115,384,616
Price\Range: £0.0013
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 230,769,230
Price\Range: £0.0013
Transaction Features: Subsequent Direct Listing Aankondiging • Jun 11
Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £1.75 million. Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £1.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,346,153,846
Price\Range: £0.0013
Transaction Features: Subsequent Direct Listing Aankondiging • Jun 03
Wishbone Gold plc Provides Drilling Update on Red Setter Gold Dome Wishbone Gold Plc announced that Apex Geoscience Consultants ("Apex"), who are now managing the day-to-day on the ground exploration and upcoming drilling program at the Red Setter Dome, confirmed that the key drill holes at Red Setter which are to be deepened in order to test the main gold target at depth appear to be in good order for the proposed drill program. This confirmation follows an on-site pre-drill site visit by Apex last week. The Red Setter Dome is located 13 kilometres to the southwest of the +15Moz Telfer Gold Mine in Western Australia. The site visit by helicopter, viewed the drill pads and collar conditions for two drill holes which are to be extended, and found them to be in good condition, which will allow for a cheap re-entry to the holes to deepen them with conventional diamond drilling tails to the 550m target depth into the hinge of the Dome. Previous Wishbone drilling only targeted a minor magnetic feature to the north of the main Red Setter Dome target but still intersected significant gold and copper mineralisation including: 5m at 1.2g/t Au and 0.002% Cu from 319m (WRSDD0015), and o 7m at 2g/t Au and 0.,38% Cu from 273m (WRSDD0008). These results are still significant and require further follow-up as they have similar characteristics to the nearby Telfer Gold Mine, where GGP recently reported a Mineral Resource Estimate of 154Mt @ 0.64g/t gold and 0.08% copper for 3.2Moz Au and 117kt Cu (GGP RNS 18/03/25) Richard Poulden, Wishbone Gold's Chairman, commented: "It is great to get the site trip completed by Apex Geoscience, which paves the way for site works and finalising of the drilling contractor and the start date for drilling. Finding the collars in good condition with the pad needing clearing, and sumps that require deepening. L1470 MMT showing resistive "domal" target as the blue colour, with drill hole 23RSRC001 to be extended from ~300m to ~550m. Dollar in good condition and minor site works required. Aankondiging • May 10
Wishbone Gold plc Reports Extensive Geological Review of the Prospective Tenements At Its Crescent Gold Project in the Mosquito Creek Region of Western Australia Wishbone Gold Plc reported that an extensive geological review of the prospective tenements at its Crescent Gold Project in the Mosquito Creek region of Western Australia has identified eleven (11) fresh gold targets that require further on-ground investigation. Highlights: New gold exploration opportunities identified for follow-up exploration at the Crescent Gold Project in Western Australia; 11 priority targets; As previously reported by RNS dated 22 November 2023, the tenements are well endowed with gold, and samples from within the project area of reported rock chip results include: 95.5 g/t gold, 91.8g/t, 117 Au (800284 original + 2 repeat assays); 5.83 g/t Au (610058); 4.71 g/t Au: (610059) o 4.33 g/t Au (6 10060). Aankondiging • May 02
Wishbone Gold Plc announced that it has received funding from Hot Rocks Investments plc Wishbone Gold Plc announced a private placement to issue 40,000,000 shares on May 1, 2025. The transaction includes participation from new investor, Hot Rocks Investments plc. Aankondiging • Mar 26
Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £0.7 million. Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £0.7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 700,000,000
Price\Range: £0.001
Transaction Features: Subsequent Direct Listing Aankondiging • Mar 21
Evrensel Global Natural Resources Ltd cancelled the acquisition of Wishbone Gold Plc (AIM:WSBN) in a reverse merger transaction. Evrensel Global Natural Resources Ltd signed non-binding heads of terms to acquire Wishbone Gold Plc (AIM:WSBN) in a reverse merger transaction on January 23, 2025. Whilst the terms are yet to be defined, it is contemplated that ownership of the Company post transaction will be 70% for the current shareholders of EGNR and 30% the current shareholders of WSBN. The heads of terms are non-binding and subject to definitive agreement, due diligence and compliance with the AIM Rules and the AQSE Rules. As part of the acquisition and reverse merger process approval of the Company's shareholders in a general meeting will be required under the AIM Rules and under the AQSE Rules. Roland Cornish and Rosalind Hill Abrahams of Beaumont Cornish Limited acted as financial advisor to Wishbone Gold.
Evrensel Global Natural Resources Ltd cancelled the acquisition of Wishbone Gold Plc (AIM:WSBN) in a reverse merger transaction on March 19, 2025. Aankondiging • Jan 24
Evrensel Global Natural Resources Ltd signed non-binding heads of terms to acquire Wishbone Gold Plc (AIM:WSBN). Evrensel Global Natural Resources Ltd signed non-binding heads of terms to acquire Wishbone Gold Plc (AIM:WSBN) on January 23, 2025. Whilst the terms are yet to be defined, it is contemplated that ownership of the Company post transaction will be 70% for the current shareholders of EGNR and 30% the current shareholders of WSBN. The heads of terms are non-binding and subject to definitive agreement, due diligence and compliance with the AIM Rules and the AQSE Rules. As part of the acquisition and reverse merger process approval of the Company's shareholders in a general meeting will be required under the AIM Rules and under the AQSE Rules. Roland Cornish and Rosalind Hill Abrahams of Beaumont Cornish Limited acted as financial advisor to Wishbone Gold. Aankondiging • Dec 09
Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £0.25 million. Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £0.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,000,000
Price\Range: £0.002
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 27
Wishbone Gold Plc Appoints Kaiyi (‘Jack’) Sun as Finance Director Wishbone Gold Plc announced the appointment of Kaiyi (‘Jack’) Sun as the Finance Director of the Company with immediate effect. Jack has been working as Chief Financial Officer to Wishbone since October 2021. With more than 20 years international business and finance experience, Jack was admitted as a fellow of the Association of Chartered Certified Accountants in 2009, and his qualifications include an MBA from the Said Business School, University of Oxford and an MACC from the Judge Business School, University of Cambridge. Kaiyi Sun, aged 50, Jack Sun resigned from the board of Betex Group PLC on 15 March 2015 and left by the end of October 2015, having served his six months' notice. Aankondiging • Nov 26
Wishbone Gold Plc Appoints Anthony Moore as the Chairman Wishbone Gold Plc announced the appointment of Anthony ("Tony") Moore as the Chairman of the Company with immediate effect. Tony graduated from Exeter University and entered the City in 1968. In 1983 he established and ran the Goldman Sachs office in Hong Kong which at the time was only the firm's second office in Asia. In 1988 he returned to London with Goldman Sachs and worked on various mandates including the privatisation of the UK electricity industry. Since leaving Goldman Sachs in 1991, Tony has founded and been executive chairman of companies providing corporate finance and asset management services to a wide variety of companies across a range of sectors. He has lived and worked in the USA, UK, France, Japan and Hong Kong and has done business in 30 or more countries worldwide. In addition, Tony has chaired or been a non-executive director ("NED") of multiple public and private companies in the USA, UK, Europe and Hong Kong. Tony brings with him a wealth of contacts with companies in natural resources, water provision and other areas of interest to Wishbone. New Risk • Oct 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 64% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€1.78m market cap, or US$1.93m). New Risk • Oct 01
New major risk - Revenue and earnings growth Earnings have declined by 1.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€1.28m market cap, or US$1.41m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Aankondiging • Jul 23
Wishbone Gold Plc, Annual General Meeting, Aug 28, 2024 Wishbone Gold Plc, Annual General Meeting, Aug 28, 2024. Location: hassans international law firm, madison building, midtown, queensway, gx11 1aa, gibraltar, United Kingdom New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (50% average daily change). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€4.25m market cap, or US$4.52m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Sam Hutchins was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Feb 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (66% average weekly change). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€4.25m market cap, or US$4.59m). Aankondiging • Feb 03
Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £0.3 million. Wishbone Gold Plc has completed a Follow-on Equity Offering in the amount of £0.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: £0.012
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 13
Wishbone Gold plc Announces an Update Regarding the Current Diamond Drill Program At Its Cottesloe Project Located in the Paterson Range in Western Australia Wishbone Gold Plc announced an update regarding the current diamond drill program at its Cottesloe project located in the Paterson Range in Western Australia. The project consists of three tenements totaling 50 blocks covering an area of 165km2 and is considered highly prospective for precious and base metals. Additional holes drilled at Cottesloe continue to have visually encouraging results with highlights including zones with 10-20% base metal sulphides and scans from portable X-ray fluorescence reading elevated base metals. Geological core samples from holes 23CTRCD0003 and 23CTRCD0002A are being delivered to Perth where they will be divided and half will be distributed to the WA government as part of the EIS funded drilling grant. Aankondiging • Dec 05
Wishbone Gold plc Announces Mineralization over 3Km Strike At Red Setter Wishbone Gold Plc announced an update on the results of this year's exploration programme and updated modelling efforts at its Red Setter prospect located in the Paterson Range in Western Australia. The results confirm a significant gold system with a mineralized strike over 3km. The first stage of drilling six holes to target depths of 400m-500m has been completed. The holes have been pre-collared to depths up to 342 metres with reverse circulation (RC) drilling; the RC rig has now been demobilised. These holes will be completed to their final target depth with a diamond drill rig, with this second stage of the drill programme expected to take place next year. When these holes have reached their target depths they will be testing new geophysics targets from airborne MMT, ground ANT and IP surveys completed earlier this year. The holes have been drilled across a domal structure interpreted by Expert Geophysics to be an analogous structural setting to the world class Telfer Dome Cu-Au system, located only 10km to the north-east of Red Setter. Select drill holes will now be used for diamond tails and Wishbone's geophysical consultants remain expectant on their targets. Results in drilling to date have shown minor silicification and veining with trace sulphides. Minor elevated Cu to 949ppm was returned in 23RSRC006 at 147m which may be related to the hydrothermal system intersected last year to the immediate north of this drilling. The mineralized intersections to date are spatially related to a dioritic intrusive although the connection between the intrusive and the mineralization is still being determined. The veining consisted mainly of quartz, pyrite and chalcopyrite with some carbonate. The veining is similar to the ore at Telfer where the combination of bedding concordant reef veins and discordant veins have produced a very large gold copper system (>30Moz). The extensive zone of hydrothermal activity including wide zones of vein stockworks is highly encouraging. There are also strong similarities with the structural settings, with large anticlinal and domal structures present that can focus the hydrothermal fluids. The cover in the area which is mostly in the range of 50-100m depth means that the full understanding of these systems requires good geological management and a systematic approach. Aankondiging • Nov 07
Wishbone Gold plc Announces Michael Mainelli Take A Sabbatical from His Position as A Director Wishbone Gold Plc announced that one of its non-executive directors, Professor Michael Mainelli, has been elected as the 695thLord Mayor of the City of London. During his year as Lord Mayor, which starts in a weeks' time, Michael will take a sabbatical from his position as a director of the company but it look forward to welcoming him back to Wishbone in 2024. For many years Michael has been an innovator in City of London institutions bringing his many unique abilities to Ward Clubs, Livery Halls and Gresham College. Michael is a qualified accountant, securities professional, computer specialist, and management consultant, educated at Harvard University and Trinity College Dublin. He gained his PhD at the London School of Economics where he was also a Visiting Professor of Innovation & IT. Michael has over 45 years' experience working with companies and institutions integral to the fabric of the City of London. The theme of his mayoral term is "Connect To Prosper" - celebrating the many Knowledge Miles of the Square Mile, the World's Coffee House. Aankondiging • Oct 12
Wishbone Gold plc Announces Drilling Update for Red Setter and Cottesloe Wishbone Gold Plc announced that the Reverse Circulation ("RC") drilling program at its Red Setter project has been completed, with samples now en route to Intertek's laboratories, with assay results expected in the next 4-6 weeks. As previously reported on 13th December 2022, initial assay results from Red Setter confirmed the geological observations of a broad hydrothermal system with gold and copper associated with quartz-carbonate-sulphide veins present within all lithology types, and often with breccia textures. Diamond drilling starts at Wishbone's Cottesloe project in the next two weeks targeting the Sedimentary Exhalative ("SEDEX") base metal system previously reported. Raglan Drilling will be carrying out the work at Cottesloe and have extensive experience in the area. The Cottesloe project is located around 55 km south of Newcrest Mining's Telfer gold mine and about 35 km south-east of the Red Setter project in the Paterson Range, Western Australia. As previously announced on 18th September 2023, highlights from the Cottesloe program include: Basin stratigraphy has been confirmed to be highly suitable for sediment hosted base metal mineralisation similar to that at nearby Cyprium Metal's Nifty (Cu) and Maroochydore (Cu-Co) mines and also the Mt Isa style (Zn-PbAg) deposits. Large sulphidic and pyritic shale zones encountered with widths over 70m. Initial onsite x-ray fluorescence spectroscopy ("XRF") results show elevated Cu (copper), Pb (lead), Zn (zinc), Co (cobalt), Ni (nickel), K (potassium), V (vanadium), Ti (titanium) present in RC drill chips. Highly encouraging thick sulphide zone in hole 23CTRC0001 confirms the architecture and target zones are consistent with the exploration model. RC pre-collar drilling program has been successfully completed with the aim of establishing water bores for diamond drilling and testing the upper parts of the geological model using RC. The costs of the diamond drilling programme are to be 50% funded by the WA Government's EIS scheme up to a total of $220,000 of direct drilling costs. Nifty mineralisation style is being targeted at Cottesloe. Nifty has produced more than 700Kt of copper metal with a further 940Kt in resource. New Risk • Sep 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -UK£4.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£4.2m free cash flow). Share price has been highly volatile over the past 3 months (51% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€6.26m market cap, or US$6.62m). Minor Risk Shareholders have been diluted in the past year (31% increase in shares outstanding). Aankondiging • Sep 21
Wishbone Gold plc Announces Drilling Underway at Red Setter Wishbone Gold Plc announced that the drill rig and support trucks operated by Strike Drilling have arrived at its Red Setter project and that drilling is underway on the newly cleared heritage areas. As previously reported on the 13th December 2022, initial assay results have confirmed the geological observations of a broad hydrothermal system with gold and copper associated with quartz-carbonate-sulphide veins present within all lithology types, and often with breccia textures. Following the MT ("magnetotellurics") survey undertaken by Expert Geophysics in which they provided the opinion that Red Setter was an analogue of Telfer, the Company changed the exploration program. It now reflects the facts it is looking for broad spreads of mineralisation rather than single high grade bulls eyes. As previously reported on 16th March 2023, Southern Geoscience Consultants and Expert Geophysics haveidentified two target areas, MMT - R1 and MMT - R2.At this stage of first phase interpretation efforts the focus has been on the primary MobileMT targets in close proximity to the main Red Setter known mineralised zone and magnetic target, and also those targets that are at a relatively shallow depth (<500m), and adjacent to accessible locations which have been cleared by Aboriginal Heritage. Aankondiging • Sep 18
Wishbone Gold Plc Announces Update on Findings of First Phase of Drilling Program Comprising Five Reverse Circulation Holes at Cottesloe Wishbone Gold Plc announced an update on the findings of the first phase of the drilling program comprising five reverse circulation holes which has taken place at Cottesloe in recent weeks. The drill results reinforce those announced by the company in May 2023, namely that Cottesloe has significant mineralisation potential and is considered highly prospective for precious and base metals. 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 Paterson Range province of Western Australia. Highlights from the Program: Basin stratigraphy has been confirmed to be highly suitable for sediment hosted base metal mineralisation similar to that at nearby Cyprium Metals Nifty (Cu) and Maroochydore (Cu-Co) mines and also the Mt Isa style (Zn-Pb-Ag) deposits. Largesulphidic and pyritic shalezones encountered with widths over 70m. Initial onsite XRF (X-ray fluorescence spectroscopy)results show elevatedCu (copper), Pb (lead), Zn (zinc), Co (cobalt), Ni (nickel), K (potassium), V (vanadium), Ti (titanium) present in RC drill chips. Highly encouraging thick sulphide zone in hole 23CTRC0001 confirms the architecture and target zones are consistent with the exploration model. Reverse Circulation (RC) pre-collar drilling program has been successfully completed with the aim of: oestablishing water bores for diamond drilling; and otesting the upper parts of the geological model using RC. Diamond drilling to start in the coming weeks andcosts are to be 50% funded by the WA Government's EIS scheme up to a total of $220,000 of direct drilling costs. Nifty mineralisation style is being targeted at Cottesloe. Nifty has produced more than 700Kt of copper metal with a further 940Kt in resource. Comments on Reverse Circulation pre-collar drilling at Cottesloe: Two holes (23CTRC001 and 23CTRC005) reached target zones with pyritic black shales intersected in both holes. 23CTRC001 intersected pyrite over a wide zone from 72-148m with the zone from 112-121 metres showing the strongest sulphide zone. 23CTRC005 intersected pyritic shales towards the base of the weathered zone (89-90m) within ferruginous clays that may be weathered pyritic shales from 65m. There was also stronger pyrite within black shales from 124-145m, with disseminated pyrite throughout the hole. Drill chips have been sent to the lab for analysis with results due in 6-8 weeks. The pyrite varies from disseminated spot occurrences to semi massive zones within black shales. This unit is a primary target and it is hoped that the assaying on these samples will provide a vector to the most strongly mineralised zones within this highly prospective basin. This unit may also be a corollary to the Pyrite marker bed seen in the hanging wall to the Nifty mineralisation. The information gained to date is highly encouraging, confirming the overall exploration model for a major sediment hosted system. Aankondiging • Aug 22
Wishbone Gold plc Announces Drill Rigs Mobilised At Cottesloe Then Red Setter Wishbone Gold Plc announced that specialist drill rigs and support trucks have been mobilised to its Cottesloe Project to start drilling the targets identified during the research programs undertaken earlier this year. After the rigs finish drilling at Cottesloe they will mobilise to Wishbone's Red Setter Project, 35km to the north, and follow up to find the source of the mineralisation from last year's drill program and progress the analytical research previously undertaken on this property. Strike Drilling is conducting both drill programs and it has conducted numerous other campaigns in the Paterson Range with great success. As previously announced, the Cottesloe Project contains a basinal syncline of the Broadhurst Formation. This formation consists of a package of carbonaceous shales and siltstones with known pyritic horizons. The pyritic horizons have formed into gossanous ironstones at the surface and these have returned extensive base metal anomalism in the 0.1-1.1% Copper (Cu), 0.1-3.8% Lead (Pb), 0.1-0.4% Zinc (Zn), and 2-80g/t Silver (Ag) ranges. Other anomalous elements include Barium (Ba), Manganese (Mn), Cobalt (Co), Nickel (Ni), and Lead (Pb). Rotary Air Blast ("RAB") and Reverse Circulation ("RC") drilling in the keel of the syncline has confirmed extensive anomalies in the oxidized zone. Base metal anomalies with highest grades over 2 metre samples were 0.25% Copper (Cu), 4.6% Lead (Pb), 0.97% Zinc (Zn), 165g/t Silver (Ag) and 0.26% Cobalt (Co) with anomalous zones extending up to 34m as reported on the 17 July 2023. Aankondiging • Jul 17
Wishbone Gold plc Announces the Completion of Its Gravity Survey in the Cottesloe Project Area Wishbone Gold Plc announced the completion of its gravity survey in the Cottesloe Project area, with the results highlighting the prospectivity of this asset: The Cottesloe project has a well defined base metal anomaly of 2.5km with an anomalous rockchip and soil results extending the strike to 8km; Gravity shows a clearly defined synclinal basin area located around MMT_C1 target area that is the primary target for sediment hosted base metal mineralisation; Completed gravity highlights and complements existing data consisting of Mobile Magnetotellurics (MMT), aerial magnetics, geochem and digitalised drill data; The coincidence of highly anomalous base metal geochemistry, gravity, resistivity and a favourable structural setting make this area a compelling, high priority drill target. The significant increase in gravity data resolution has provided a dramatic improvement to the delineation of the basinal structure and central synclinal keel at Cottesloe. Where this syncline reaches the surface there are significant base metal anomalies consistent with large hydrothermal systems as previously reported on 27th April 2023. Of particular interest are the two gravity highs coincident and near-coincident with the MMT_C1 resistive target within the syncline where historic drilling has shown significant base metal anomalies within the weathered zone. The coincidence of highly anomalous Base metal geochemistry, gravity, resistanceivity and a favourable structural setting making this area a compelling, high Priority drill target. The Cottesloe Project contains a basinal syncline of the Broadhurst Formation. This Formation consists of a package of carbonaceous shales and siltstones with known pyritic horizons. The pyritic horizons have formed into gossanous ironstones at the surface and these have returned extensive base metal anomalism in the 0.1-1.1% Copper (Cu), 0.1-3.8% Lead (Pb), 0.1-0.4% Zinc (Zn), and 2-80g/t Silver (Ag) ranges. Aankondiging • Jan 12
Wishbone Gold Plc (AIM:WSBN) acquired 100% of tenement application E45/ 6456 (Cottesloe East) covering 19 blocks (62km) in the Paterson Range, Western Australia for AUD 0.05 million. Wishbone Gold Plc (AIM:WSBN) acquired 100% of tenement application E45/ 6456 (Cottesloe East) covering 19 blocks (62km) in the Paterson Range, Western Australia for AUD 0.05 million on January 11, 2023. Beaumont Cornish Limited acted as nominated adviser and AQUIS Exchange Corporate Adviser to Wishbone Gold Plc.Wishbone Gold Plc (AIM:WSBN) acquired 100% of tenement application E45/ 6456 (Cottesloe East) covering 19 blocks (62km) in the Paterson Range, Western Australia on January 11, 2023. Aankondiging • Dec 23
Wishbone Gold plc Announces Magneto Tellurics Survey Is Underway on its Western Australian Properties Wishbone Gold Plc announced that a Magneto Tellurics survey is underway on the company's Western Australian properties. As previously reported Wishbone intersected mineralisation in multiple drill holes in the maiden drill program on Red Setter. The company has now engaged Expert Geophysics Pty Ltd, who specialise in such surveys to complete an MT survey over Red Setter and Cottesloe. Once completed data processing and inversions will take approximately 6 weeks to finalise. Combined with the broad spread of mineralisation in the drill results, adding MT into the package of data which the company now have will provide a further focus for the drill program next year. MT usesPassive Airborne Electromagnetic Methods ("AEM") which exploit the principles of naturally varying electromagnetic fields to identify mineralisation. The MT system is one of the latest developments in passive field AEM technology. It has proven to have high sensitivity to resistance differentiations in a broad range, including thousands and tens of thousands of ohm-m's. Aankondiging • Dec 21
Wishbone Gold Plc, Annual General Meeting, Jan 10, 2023 Wishbone Gold Plc, Annual General Meeting, Jan 10, 2023, at 09:30 Central European Standard Time. Location: Suite 16, Watergardens 5 Waterport Wharf, Gibraltar Waterport Wharf Gibraltar Aankondiging • Dec 14
Wishbone Gold Plc Announces Positive First Assay Results from the Maiden Drilling Program at the Company's Red Setter Gold-Copper Project in the Patersons Range Area in Western Australia Wishbone Gold Plc announced positive first assay results from the maiden drilling program at the Company's Red Setter Gold-Copper Project in the Patersons Range area in Western Australia. Initial assay results have confirmed the geological observations of a broad hydrothermal system with gold and copper associated with quartz-carbonate-sulphide veins present within all lithology types, and often with breccia textures. A recently completed gravity survey combined with the previously completed magnetic survey, indicates the scale of the hydrothermal system with structures extending over a strike in excess of 3km, with depths ranging from 50m->2,000m. Mineralisation shows similarities to the Telfer system 13km to the Northeast of the prospect. Higher grade assays and wide intercepts received so far include: 14m at 1.0g/t Au and 0.2% Cu from 266m in WRSDD0008. Including7m at 2g/t Au and 0.38% Cufrom 273m. And1m at 6.4g/t Au and 0.69% Cufrom 273m. 25m at 0.28g/t Au and 0.11% Cu from 195m in WRSDD0006. Including1m at 5.4g/t Au and 0.26% Cufrom 198m. 3m at 0.18g/t Au and 0.82% Cu from 166m in WRSDD0006. Including1m at 0.27 g/t Au and 2.27% Cufrom 166m. 1m at 6.48g/t Auand 15 ppm Cu from 246m in WRSDD0009. 10m at 0.48g/t Auand 0.03% Cu from 117m in WRSDD0011. Including 1m at 3.2g/t Au and 0.06% Cu from 122m. To date, 15 Diamond holes and one water bore have been completed for a total of 6,348m. Drilling was concentrated in the main magnetic anomaly area with 12 holes (1 hole has assays pending) with 3 holes drilled into the Northern magnetic target (assays pending). These initial 2 priority target areas were first drilled based on magnetic data, and then refined on information gained from a ground gravity survey, with geochemical targets yet to be assessed. The targets sit below 50-80m of sedimentary cover, which is significantly less than many targets in the province. Gold results have been received for the first 11 drillholes along with preliminary pXRF results for Cu and a wide suite of minerals. A full list of significant intercepts is provided in Table 1. The Copper results are being confirmed for all samples returning greater than 500 ppm Cu and where chalcopyrite was observed using a 4 acid digest and OES finish. Results on these are expected in the next few weeks. Assay results are highly encouraging with broad areas of results > 0.1 g/t Au (Fire Assay) and/or 0.1% Cu (pXRF) with anomalous zones in all holes to date. These levels of gold and copper confirm the presence of a large hydrothermal system over a strike length of at least 2km and a width of 400m. The integration of these results with the geological knowledge gathered and the geophysics results will help in defining the vectors to further mineralisation. The extensive zones of mineralisation include quartz-carbonate sulphide veins with albitic alteration. Sulphides are pyrite-chalcopyrite with rare pyrrhotite, bornite and arsenopyrite. Initial geological interpretations based on the drilling and the geophysics indicate that the mineralisation is within a broad anticlinal structure with a north-east dipping, diorite intrusive dykes subparallel to the axis of the anticline. A geophysical airborne mobile MT survey is currently underway, with the aim of mapping the conductivity of the entire Red Setter licence. This can potentially identify areas of higher sulphide content. This program has been brought forward due to the mineralisation identified to date, similarities to Telfer, and the availability of the survey system before it departs Australia. The system has been used successfully by other operators in the Patersons and was recommended by Southern Geoscience Consultants. Aankondiging • Nov 19
Wishbone Gold Plc (AIM:WSBN) acquired The Anketell Gold- Copper Project from Mining Equities Pty Ltd and David Lenigas. Wishbone Gold Plc (AIM:WSBN) acquired The Anketell Gold- Copper Project from Mining Equities Pty Ltd and David Lenigas on November 18, 2022.Wishbone Gold Plc (AIM:WSBN) completed the acquisition of The Anketell Gold- Copper Project from Mining Equities Pty Ltd and David Lenigas on November 18, 2022. Aankondiging • Sep 27
Wishbone Gold Plc Completes 3D Magnetic Inversion Model on the Anketell Gold-Copper Project Wishbone Gold Plc announced it has completed a 3D magnetic inversion model on the Anketell Gold-Copper Project on which the company has taken an option. The Anketell Gold- Copper Project is located ~85km north of the Company's Red Setter Gold-Copper Project in the Patersons Range area in Western Australia. The Anketell Project is located 80km to the north of Newcrest's Telfer Gold-Copper-Silver Mine and 40km to the east-south-east of Rio Tinto's Winu discovery within the highly prospective Paterson Province. The Project consists of a single exploration licence application E45/6198 covering an area of ~10km2. The application was subject to a ballot between seven companies including Greatland Gold PLC and FMG Metals Group Ltd. The Project is located within the northeast portion of the Proterozoic Paterson Province. Basement geology is dominated by the late Proterozoic Yeneena Supergroup which unconformably overlies the earlier Proterozoic Rudall Metamorphic Complex and the Archaean Pilbara Craton. The Yeneena Supergroup has been intruded by Proterozoic (650 - 620Ma) granitoids of the Minyari and Mt Crofton Suites. The Mt Crofton Suite represent fractionated I-Type granites, being largely undeformed, weakly oxidized and magnetite - ilmenite bearing. High background uranium and thorium contents are also reported from the Suite. The Minyari Suite is less fractionated and rarely appears magnetic. Permian fluvio-glacial Paterson Formation sediments (less than 100m thick within the Project leases) unconformably overly the Proterozoic stratigraphy. These Permian sediments extend into the Canning Basin further to the east. Significant gold, copper and uranium mineralisation has been discovered in the Paterson Province with two world class deposits (Telfer and Nifty) currently being mined, with the latest world class discoveries of Havieron and Winu advancing towards mining. The 26Moz Telfer Gold Mine is located within 15km of outcropping Mt Crofton I-Type granite rocks. Stratigraphically the deposit is hosted by the Telfer Formation, an intercalated sandstone and siltstone sequence, sandwiched between the Puntapunta Formation and the underlying Malu Quartzite. The Formation is exposed within two doubly plunging anticlines termed the Main and West Domes. Mineralisation is epigenetic and occurs within quartz-sulphide carbonate saddle reefs and stockwork in prepared dilational sites caused by flexural slip along rheologically contrasting bedding planes within the Telfer Formation. The Nifty Copper Mine (~1 Mt copper metal) is situated 70km west of Telfer. Mineralisation is epigenetic and stratabound, hosted by silicified carbonate and shale near the base of the Broadhurst Formation. Wishbone signed an exclusive 90 day option to acquire the Anketell Project and has paid the vendors an option payment of £25,000. Wishbone completed the magnetic modelling as part of due diligence on the project. Assuming that Wishbone proceeds to acquire the project, Wishbone will pay cash consideration to the vendors (being Mining Equities Pty Ltd. and David Lenigas) of £50,000 and issue the vendors 2,170,795 new ordinary shares (Acquisition Shares) at a deemed issue price of 14.75p being the mid-market price when the deal was agreed. This equates to £320,192.26. Aankondiging • Sep 09
Wishbone Gold plc Announces High Resolution Gravity Survey to Start At Red Setter Project Wishbone Gold Plc announced a gravity survey is to start this weekend, over a 4km x 4km (16km2) area, on a spacing of 100 metres, that covers the centre of the highly encouraging drill results being delivered at the Company's Red Setter Gold-Copper Project in the Patersons Range area in Western Australia. The survey is expected to take 2 weeks, with processed results by the end of September. As a basis and concept for the gravity survey, the mineralisation at Havieron is on the south side of the magnetic feature, where the gravity high is located and was targeted with drilling, that returned the maiden outstanding drill result. The mineralisation at Havieron then wraps around the magnetic feature. At Red Setter, drilling along the magnetic unit is providing important information, and with a depth of Permian cover of 150metres, The company is now looking to define the high density/gravity areas that may represent higher sulphide content to better target drilling over such a large target area. The gravity survey is aimed at fast tracking targets for drilling in 2022. The gravity survey is now possible with the completion of a Heritage Survey, that has also opened up a large area for drilling over the 4km x 4km (16km2) area. This heritage survey was designed to clear 50 drill pad sites ready for an expanded drill programme over a strike length of ~3km. 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. Aankondiging • Sep 07
Wishbone Gold plc Announces the Results from the Wishbone II Gold-Copper Initial Drill Program at its 100% Owned Wishbone II Tenement in North Queensland Wishbone Gold Plc announce to the market the results from the Wishbone II Gold-Copper initial drill program at its 100% owned Wishbone II tenement in North Queensland. Highly encouraging Copper-Gold-Silver drill results have been received at the previously undrilled Halo and Grassy Oaky Prospects. In June-July 2022, Wishbone Gold completed its initial reverse circulation percussion drill program at Halo, Halo East, Grassy Oaky prospect areas within EPM 18396, Wishbone II and Big Vein (EPM 19696 Wishbone IV). Results have been received from Intertek laboratory which included significant Cu-Au (and silver "Ag") mineralization which was encountered at several of the prospect areas. Terra Search, the Company's prime geological consultants for Wishbone, report that this initial drilling indicates a copper mineralized system at Halo, where the central core of the system is associated with high temperature potassic alteration manifested as K-feldspar, magnetite and chlorite after probable secondary biotite alteration. The mineralization style and alteration assemblages are similar in nature to the centers of deeper level porphyry/plutonic style or possibly Iron-Oxide Copper Gold (IOCG) systems. In the first program of drilling at Halo, Wishbone has intersected thick zones of copper from surface such as 124m at 0.34 % Cu, including oxide zones such as 19m at 0.99% Cu (Figure 4) and high primary copper grades at deeper levels such as 2m at 2.91 % Cu, 4 g/t Ag which occurs within a broader copper zone of 13m at 0.78% Cu. Aankondiging • Aug 16
Wishbone Gold plc Announces Second Drill Rig on Site at Red Setter Project Wishbone Gold Plc announced that a second drill rig for the Company's Red Setter Gold-Copper Project in the Patersons Range area in Western Australia, is now on site and drilling 230 metres from the first drill rig. DDH1 Drilling, with extensive drilling experience in the Patersons Range, will mud rotary drill through the Permian cover to a depth of about 130 metres and then diamond drill through to the target zones identified by magnetic modelling. 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. Aankondiging • Aug 04
Wishbone Gold plc Announces Second Drill Rig Secured for Red Setter Project Wishbone Gold Plc announced that it has secured a second drill rig for the Company's Red Setter Gold-Copper Project in the Patersons Range area in Western Australia. DDH1 Drilling, who have extensive drilling experience in the Patersons Range, are scheduled to mobilize a diamond drill rig (capable of mud rotary drilling through the Permian cover) together with necessary support equipment to Red Setter later this week. Drilling is planned to start around 10 August 2022. 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. Aankondiging • Aug 01
Wishbone Gold plc Announces Drilling Results from Red Setter Project Wishbone Gold Plc announced drilling is delivering encouraging results at Red Setter Project, with the intersection of multiple zones of quartz veining, carbonate and chalcopyrite and pyrrhotite, from drilling targeting the previously reported 3.4km x 1km magnetic targets modelled at the Company's Red Setter Gold-Copper Project in the Patersons Range area in Western Australia. The current hole (WRSDD0003) is at a depth of ~370metres and will continue until it is out of visible sulphides. The core has not been fully logged or cut by Terra Search, and will be dispatched for assay in the coming weeks. The first drill hole drilled in this programme was a water bore to set the drill programme up for diamond drilling, with the first diamond drill hole (WRSDD0002), a vertical hole on the same drill pad. This hole intersected visible mineralisation but was terminated at 384metres depth to move to the current hole, which was designed to test the top of the magnetic signature. After completion of the current hole, WRSDD0002 will be re-entered and pushed further to test the mineralisation. The Red Setter Project is situated on the 57.4km2 wholly owned exploration license 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. Aankondiging • Jun 17
Wishbone Gold plc Announces Drilling Underway At Red Setter Project Wishbone Gold Plc announced drilling is underway 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. Aankondiging • Jun 16
Wishbone Gold plc Announces Drilling Update at Halo Copper Gold Project Queensland, Australia Wishbone Gold Plc updated the market regarding the Wishbone II Gold-Copper drill program in Northern Queensland. The drill programme is proceeding well and approximately 25% of the designed programme have been completed to date. Initial Reverse Circulation (RC) drill samples have been transported back to the Terra Search office in Queensland and are undergoing tests prior to being sent to the lab for full analysis. The Initial tests confirm the presence of elevated copper, coincident with visible oxidised copper and primary chalcopyrite mineralisation. Terra Search's logging of the RC chips confirms the presence of a felsic, high level, crowded porphyry intrusion often found associated with productive, high level gold systems in the Ravenswood-Charters Towers, district such as at Mt Wright and Mt Leyshon. Wishbone Gold's QLD Exploration properties are situated in thehighly prospective Charters Towers-Ravenswood district in north Queensland's premier gold province. They consist of 54 sub-blocks amounting to 174 km2 ofwholly owned licences and located only 10km from 5 million Oz Ravenswood gold mine. Aankondiging • Jun 08
Wishbone Gold Plc Announces That Its Maiden Drill Program Has Started on Its 100% Owned Wishbone Ii Gold-Copper Project in Northern Queensland Wishbone Gold Plc announced that its maiden drill program has started on its 100% owned Wishbone II Gold-Copper Project in Northern Queensland. The drill program consists of 2,000m of RC holes to test the numerous gold and copper surface anomalies at depth and look for continuous underground structures. Wishbone's Queensland exploration properties are situated in thehighly prospective Charters Towers-Ravenswood district in north Queensland's premier gold province. They consist of 54 sub-blocks amounting to 174 km ofwholly owned licences and located only 10 km from the 5 million ounce Ravenswood gold mine. Aankondiging • Jun 01
Wishbone Gold plc Announces Drill Rig Mobilising to Red Setter Project Wishbone Gold Plc announced 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 57.4km2 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. Aankondiging • May 20
Wishbone Gold plc Completes Survey at Red Setter Gold-Copper Project Located 13 Km South-West of the Telfer Gold Mine Wishbone Gold Plc announced that a heritage survey has been completed at the Company's Red Setter Gold-Copper Project located 13 km south-west of the Telfer Gold Mine, in the Patersons Range of Western Australia. The survey did not identify any heritage sites at Red Setter. The additional surveys have increased access to peripheral targets beyond those already cleared, where drilling will start in the next few weeks. The heritage survey team has now moved down to the Cottesloe Project located 55 km south-southwest of the Telfer Gold Mine. The Company's Red Setter and Cottesloe Projects (Figure 1) are located 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 is for 3,000m at Red Setter, with the second phase of the contract for a further 7,000m of drilling split between WSBN's Red Setter Project which has heritage clearance, and the Company's Cottesloe Project to the south, subject to the ongoing heritage survey. Aankondiging • May 13
Wishbone Gold Announces Heritage Survey at Red Setter Project Underway Wishbone Gold Plc announced that a heritage survey is underway at the Company's Red Setter Gold-Copper Project located 13 km south-west of the Telfer Gold Mine, in the Patersons Range of Western Australia. The aim of this survey is to increase access to peripheral targets, beyond those already cleared, where drilling will start in the next few weeks. The heritage survey will then move down to the Cottesloe Project located 55 km south-southwest of the Telfer Gold Mine. The first phase of the drilling is for 3,000m 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 heritage survey will clear all areas for the 10,000m of planned drilling. Aankondiging • Sep 03
Wishbone Gold plc Announces Cottesloe Project Update – 7 Targets Identified Wishbone Gold Plc announced updates on the 100% owned Cottesloe Project, located 55 km south-west of the Telfer Gold Mine and about 35 km south-east of Wishbone's Red Setter Project, in the Patersons Range of Western Australia. The Company advises that a successful application was made to the Western Australian Government's Department of Mines, Industry Regulation and Safety ("DMIRS") for the Extension of Term (EoT) for E45/4543 (the Cottesloe Project), and a 5-year EoT was granted to 30/06/2026. The Cottesloe Project (92 Km) double's Wishbone's tenure in the well-endowed gold province of the Patersons, by increasing Wishbone's tenement holding to 159 km. The final step in the acquisition of the tenement is for the transfer of E45/4543 into Wishbone's name, and this procedural matter will occur through the DMIRS over the coming months. Wishbone has also obtained a Programme of Work ("PoW") approval from the DMIRS for the drilling of 20 reverse circulation drill holes to depths of 250 metres. These drill holes were designed to test for potential precious and base metals mineralisation on multiple targets previously identified from historic exploration. Some of the previous drill results are listed below, and sit outside the geophysical targets identified by Southern Geoscience Consultants, but are within the main conductor trend Based on recent success at Cottesloe with a positive test using Ultrafine geochemistry at the Cottesloe Project, Wishbone has been advised by independent geological consultants of the benefit of undertaking a further geochemical sampling programme over the greater Cottesloe Project before drilling. Results from surface sampling, using the ultra-fine fraction geochemistry technique, demonstrate that the technique is effective in identifying elevated soil response in a number of target elements, including lead and silver. 6 traverses, each sampled at 100m spacing, were undertaken across 4 geophysical targets. All but one of the traverses returned coherent, multipoint, anomalies for lead or silver. All of the targets traversed and soil-sampled returned significant anomalous Lead and Silver. Geophysical interpretive work done by Southern Geoscience Consultants ("SGC") was completed for the previous explorers and concentrated on IOCG style mineralisation, identifying 7 main target zones. They also identified broad EM and gravity anomalies coincident within this major basin dominated by the Broadhurst Formation, and this basin is considered to be an excellent setting for Sedimentary Exhalative (SedEx) style base metal mineralised system. Reported Earnings • Jul 04
Full year 2020 earnings released: US$0.031 loss per share (vs US$0.077 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$1.40m (down 87% from FY 2019). Net loss: US$890.4k (loss narrowed 59% from FY 2019). Aankondiging • Jun 05
Wishbone Gold Plc Announces Drilling Approval for Cottesloe Project Wishbone Gold Plc announced that its initial Program of Works for its Cottesloe Silver Project has been approved by the Western Australian Government's Department of Mines, Industry Regulation and Safety. 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. The Cottesloe Project: As previously reported on March 3, 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 and is considered highly prospective for precious and base metals. Aankondiging • Feb 19
Wishbone Gold plc Announces Multiple New Shallow Gold Targets Defined At Red Setter Project Wishbone Gold Plc advised that the detailed high-resolution magnetic survey recently flown over the Company's Red Setter Project has delineated multiple highly prospective magnetic targets over a much larger 3km x 1km area than previously interpreted. The magnetic inversion modelling completed by Terra Resources on the higher resolution data has indicated that the targets are considerably shallower than previously modelled based on the older regional datasets. 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 60 km west of Newcrest and Greatland Gold's Havieron discovery. MAGSPEC Airborne Surveys Pty Ltd. recently completed a high resolution and ultra-detailed airborne magnetic survey across the entire Red Setter Project. The survey was completed on 100m line spacing and covered a total of 666 line-kilometres. Processing of the significantly high-resolution magnetic datasets, by VAR, has revealed that the magnetic bodies occur much closer to surface relative to their previous reported 150m-250m depth that was modelled on the wider spaced regional magnetic datasets. The relatively shallower target depth is strongly advantageous both from an exploration and future development potential perspective. The highest priority magnetic bodies within Red Setter cover an expanded area of 3.5 km in strike length and 1 km in width. The highest order Target A occurs over a strike length of 1500m with a width of 400m and occurs within 50-75m of surface. Results of this modelling shows several north plunging magnetic bodies within this anomaly of equivalent susceptibility (possibly pyrrhotite alteration) to that evident at both Newcrest Mining and Greatland Gold's Havieron and RioTinto's Winu discoveries. Aankondiging • Feb 05
Wishbone Gold plc Appoints David (Sam) James Hutchins as Non-Executive Director Wishbone Gold Plc announced that Mr. David (Sam) James Hutchins, age 60, has agreed to join the board as a non-executive director effective on the date of this announcement. Mr. Hutchins is a highly experienced gold specialist and natural resources fund manager, having previously run various funds at M&G Group Plc and several other UK commodity focused funds over the years. He is currently the Chairman of the FTSE Gold Mines Index Committee and a Member of the Chartered Institute for Securities & Investments. 