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Mining & Metals Gold exploration Wishbone Gold

Wishbone Gold hits shallow gold at Red Setter with mineralisation open at depth

First assay results from reverse circulation drilling at Red Setter returned gold from as shallow as 45 metres, with the deepest hole ending in mineralisation.

by tickstock newsroom
The image depicts a close-up of a rock formation containing visible gold veins, alongside a metal plate engraved with the chemical symbol 'Au' for gold. The contrasting textures of the rough rock and the smooth metal highlight the beauty of natural minerals. aiImage created using AI — ChatGPT

Wishbone Gold (LSE:WSBN), the AIM and Aquis-listed gold explorer, returned its first batch of assay results from reverse circulation drilling at its Red Setter gold-copper project in Western Australia, with gold intersected from 45 metres depth.

The standout result came from drill hole 26RSRD003, which returned 11 metres at 0.7 grams per tonne gold from 139 metres, including 4 metres at 1.3 grams per tonne to the end of hole at 150 metres, meaning mineralisation remains open at depth.

Red Setter sits 20 kilometres south-west of Greatland Gold's Telfer mine, where first-quarter 2026 head grades averaged 0.59 grams per tonne gold, a threshold Wishbone's intercepts exceed.

Results cover the first seven of 14 reverse circulation holes drilled as pre-collars for deeper diamond drilling, with copper assays still pending.

"The gold assay results from the first seven RC drill holes are terrific and a real game changer for Red Setter and the Company," said Ed Mead, Wishbone Gold's Western Australia director, adding that the open hole indicates the system extends south-east across an additional three kilometres of potential strike.

The diamond rig is now extending 26RSRD003, the most southerly hole drilled at the project to date, while the reverse circulation rig is due back on site in mid-July to continue the expanded programme targeting the shallow gold discovery.

by tickstock newsroom