Wishbone Gold PLC - precious metals trading and exploration company with assets in Australia - Says MagSpec Airborne Surveys Pty Ltd have started the close spaced high resolution aerial magnetic and radiometric survey on its Red Setter project, in the Paterson Ranges in Western Australia.
"MagSpec Airborne Surveys, which specialises in high resolution, ultra-detailed and regional airborne geophysical surveys, will fly the entire tenement area on 100 metre line spacing. The survey will cover a total of 666 line kilometres," Wishbone explains.
The 57.4 square kilometre Red Setter project is located approximately 13 kilometres south-west of Newcrest Mining's Telfer gold mine and about 60 kilometres west of Newcrest and Greatland Gold's Havieron discovery.
Current stock price: 15.06 pence
Year-to-date change: down 5.9%
By Paul McGowan; paulmcgowan@alliancenews.com
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Wishbone (WSBN)