Red Setter Aerial Magnetic Survey Update

RNS Number : 5427L

Wishbone Gold PLC

13 January 2021

 

13 January 2021

Wishbone Gold Plc

("Wishbone" or the "Company")

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

HIGH RESOULTION AERIAL MAGNETIC SURVEY COMPLETED AT

RED SETTER PROJECT

PATERSONS RANGES IN WESTERN AUSTRALIA

Wishbone Gold Plc (AIM: WSBN), the London listed precious metals trading and exploration company, advises that further to the news release date 12 January, Mag Spec Airborne Surveys Pty Ltd have advised that the airborne close spaced high resolution aerial magnetic and radiometric survey on its Red Setter Project, in the Paterson Ranges in Western Australia, has been flown and that the filed data has been checked and uploaded for processing.  

When completed this survey will cover the entire Red Setter project area down to a depth of approximately one kilometre. This will provide a considerably more detailed picture of the property than the government survey data which we have had up until now.

Analysis of the processed data will take up to 2-3 weeks.

The 57.4 km² Red Setter Project is located approximately 13 km south-west of Newcrest Mining's Telfer Gold Mine and about 60 km west of Newcrest and Greatland Gold's Havieron discovery.

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For further information, please contact:

Wishbone Gold PLC
Richard Poulden, Chairman	Tel: [phone]
Beaumont Cornish Limited
(Nominated Adviser and AQUIS Exchange Corporate Adviser)
Roland Cornish/Rosalind Hill Abrahams	Tel: [phone]
Peterhouse Capital Limited
(Broker) Lucy Williams and Duncan Vasey	Tel: [phone]

 

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