Wishbone Gold PLC - precious metals trading and exploration company with assets in Australia - Contracts a detailed high-resolution aerial magnetic and radiometric survey on its Red Setter project in Western Australia.
Says Magspec Airborne Surveys Pty Ltd will fly the entire tenement area on 100 metre line spacings, with the survey to cover a total of 666 line kilometres. Expects the overflight to complete in the next two weeks and analysis to be available during the first quarter of 2021.
"This new flight programme is designed to provide a detailed subsurface picture of these magnetic signatures. This programme will also extend over the entire tenement area and thus will search for additional target areas of interest for drilling," said Wishbone Chair Richard Poulden.
Current stock price: 15.70 pence
Year-to-date change: down 1.9%
By Ife Taiwo; ifetaiwo@alliancenews.com
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Wishbone (WSBN)