Announcement • Jun 11
Wishbone Gold plc Provides Update on Red Setter Gold-Copper Project Drilling Programme Wishbone Gold Plc had provided an update on the exploration activity at 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 started on 5th May with the reverse circulation rig. The initial focus is to drill approximately 25 holes for ~3,500m with the reverse circulation rig, of which 14 holes for 2,182 metres has been completed. The second phase of the contract covering a further 4,500m of diamond drilling started on 27th May, and two holes for 687 metres has been drilled and the drill programme as a whole is targeting depths from surface of up to depths of 600 metres along an identified gold-copper system. Activities to date on site have progressed as initially planned and samples are being sent to Perth for assay testing on an ongoing basis, with initial results expected before the end of July. In order to get the drill programme operational, the crew from Apex Geoscience Consultants and Core Drilling, who manage the day-to-day exploration and drilling across the Company's Western Australian assets have had to create multiple drill pads, drill water bore holes, establish a camp and mobilise the track mounted drill rigs and their ancillary equipment on site. The 25-hole drill programme totalling up to 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. In addition, the final report following the heritage survey on the proposed new access road from the Nifty mine and airport to Red Setter has been completed and the Company expects to be granted permission to progress the road's construction on the grant of the required Miscellaneous Licence. The heritage report has also given approval to relocate the support camp and accommodation to Red Setter which will occur once Wishbone has approvals to create the new access road. The results from the overall drill programme will establish the pattern of mineralisation at the project and guide the team for the next phase of drilling for the later parts of 2026. New Risk • Apr 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 (19% average weekly change). Earnings have declined by 7.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (142% increase in shares outstanding). Revenue is less than US$1m (UK£117k revenue, or US$157k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (UK£8.74m market cap, or US$11.8m). Announcement • 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 
