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Wishbone Gold PLC - Australia-focused mining company - Starts diamond drilling at its Cottesloe project in the Paterson Range province of Western Australia. Rotary air blast and reverse circulation drilling has previously confirmed extensive anomalies in the oxidised zone, with anomalous zones extending up to 34 metres and the highest grades including 0.25% copper and 4.6% lead.
Chair Richard Poulden says: "We are excited that the diamond drilling program has commenced at Cottesloe and we are eager to see the assay results. Cottesloe is a great project with a lot of potential given its geological setting."
Current stock price: 2.29 pence, up 6.5% on Wednesday in London
12-month change: down 68%
By Emma Curzon, Alliance News reporter
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