Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company with assets in Australia - Reports "encouraging" drill results at the Red Setter gold and copper project in Western Australia. Intersects multiple zones of quartz veining, carbonate and chalcopyrite and pyrrhotite through its WRSDD0003 hole. It is currently at a depth of 370 metres. Plans to renter the WRSDD0002 hole after completion of the current one, and push it further to test for mineralisation.
"It has taken some time to get the diamond drilling underway at Red Setter, and I am very pleased to see these encouraging signs of mineralisation from the drilling thus far, " Chair Richard Poulden says.
Current stock price: 12.77 pence, up 19% on Monday
12-month change: up 25%
By Abby Amoakuh; abbyamoakuh@alliancenews.com
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Wishbone (WSBN)