Member Info for Accionista

The COMACCHIO CX-T 15 can drill both vertically and at an angle.

This drill rig is also capable of both diamond core drilling with wireline systems and reverse circulation (RC) drilling.

Link to info from Comacchio website (=> look in the photo gallery)

https://is.gd/R7Jp2w

If this rig were deployed on Red Setter (if available of course), drilling would of course progress even faster.

DYOR

GLA

Okay, WSBN has unexpectedly raised some extra money. We know they've requested a switch to double shifts. Drilling on 25RSDD002 is still ongoing, and only they will see/monitor when they'll move on to the next drill hole.

Waiting for assays can be long, and lab queues are common due to the increased popularity of gold as a result of the rising gold price. But even without those assays, WSBN had no trouble raising £4 million for what the broker said will be used for:

"The funds raised will be used to accelerate its current drilling program at the Red Setter Gold Dome exploration site and enable further expansion of the exploration site at Red Setter during the current year."

"Accelerate" therefore means more drill rigs and more shifts. And not next year, but this year! I think that's a good plan.

People might be negative about BOD, citing "missing notifications," a lack of other communication, and so on, but anyone who owns WSBN shares likely bought them voluntarily (and hopefully after doing their research). That things don't pan out according to their own dream scenario is part of investing. Sometimes you have to be brave enough to sell and find a new investment.

I own WSBN shares and certainly don't plan on selling any right now. The potential prospects are too good for that, even though I realize the risk is also very high.

DYOR

GLA

@FillToSpill

My calculations, based on the coordinates from the photos and placing these coordinates on the map, and applying the directions and margins of error, indicate that 25RSDD002 has an entrance 2 to 5 meters from 25RSDD001. To move the equipment 25 meters, they should have made the drill path larger, but that didn't happen. Extensions of 5 meters are already observable/visible on satellite, but there's no sign of any expansion. Only the existing drill path with the contractors' existing equipment is visible.

Regarding the claim that WSBN said it was 200 meters, I think Ed Mead's words in the RNS of September 25, 2025, better explain what is actually happening.

Ed Mead, Wishbone Gold WA director, commented: "These are encouraging early drill results.

The depth of breccia, alteration and mineralisation in this second hole was expected to be much deeper than the mineralised breccia intercept from drill hole 1, as we are sitting downhole 200m southwest of the mineralised breccia seen in hole 1 at 550m depth.

Important wording ==>> "DOWNHOLE" 200m

GLA

DYOR

@TheBasher

There are two satellite services that most people use (More available but I use these 2). One is free but limited to 15 images per month, while the other offers unlimited use but is not free. There is a one-month trial subscription available.

Free: (Limited to 15 images /month)

https://eos.com/landviewer/?lat=51.52370&lng=0.45834&z=11

Not free: (Try for free)

https://www.sentinel-hub.com/

DYOR

GLA

Satellite imagery from October 1, 2025

Drill Rig CDS002 (25RSDD002) is still in operation, just a few meters from where 25RSDD001 (=23RSRC001) was drilled.

There is no other activity visible at the Red Setter site other than this. Of course, preparations on an existing drill path may be ongoing without being noticed.

DYOR

GLA

From the Expert Geophysics Linkedin post

With this initial success, the team is now executing step‑out drilling to explore potential extensions of the breccia pipe.

Meanwhile, Wishbone Gold Plc raised £1.5 million (~A$3.1 million) to fund the next phase https://lnkd.in/enS6__AJ, and assays are on the way from Perth.

https://is.gd/gsoIwH

DYOR

GLA

Further research regarding the "dip" from the drill rig for hole 2 doesn't allow me to determine it precisely. I assumed it could be -61°, but as I've already said, this is an estimate based on observations. Further observation and examination of the photos of Hole 2 indicates that it could be closer to -65°. With this "new" data, the question about the usefulness of the step-out hole is rephrased, and the answer remains essentially the same.

The azimuth is important in the question. Even though the azimuth changes only seemingly slightly, that 8° change has enough impact to make a difference compared to Hole 1.

Even without a change in the dip compared to Hole 1, there is still enough change in azimuth to make a difference and call this step-out hole a significant plan change compared with the original plans (=> starting hole 2 at 23RSRC003A).

DYOR

GLA

Based on my observations (changed azimuth and dip) and the information available from WSBN, I posed the question to several AI.

"Is it unusual to drill in a exploration program in hard rock to drill a step out hole at 2 - 5 meters from an existing hole to get a better indication of what there is found in Hole 1 and to understand better what is in the ground. Step out hole is azimuth 218° while hole 1 was 210°, step out hole is dip -61° while Hole 1 was -70°"

The results are as follows:

ChatGTP:

Unusual, yes—but not unreasonable, and actually quite strategic if Hole 1 intersected something important.

https://chatgpt.com/s/t_68d7c0c09060819196c4d1a14b6728d2

Gemini:

The primary purpose of such a close hole is generally verification and geological confirmation, particularly when there are important findings in the original hole.

https://g.co/gemini/share/f96335b3c644

Both give in their answer that there is found something important in hole 1 as a reason for this step out hole being that close to hole 1!

"INTERSECTED SOMETHING IMPORTANT"

"IMPORTANT FINDINGS"

Of course, the words and terms used in some RNS are confusing, but the facts like coordinates, photos, satellite images, and more give me enough reason to explain this here. I can't accurately see or calculate some things like dip and the number of meters the rig has moved, but the deviations I observe in photos are enough to use them anyway. The azimuth of Hole 2, info from what they themselves included in a photo (=> easy to calculate).

DYOR

GLA

Whether Hole 2 is drilled 2 or 5 meters from Hole 1, and why within such a short distance, are answers that only WSBN or its contracted contractors can provide. However, only WSBN is currently authorized to provide these answers.

If you search online, with or without AI, for reasons why a Step Out hole is drilled so close to another hole (with a different dip and a different azimuth relative to the reference hole), there are of course multiple reasons, but it's not really unusual for it to happen.

If the difference in dip and azimuth relative to the reference hole is large enough, it even has advantages (using the same drill path and only slightly moving the equipment and drill rig).

So, the fact that we're still on the same drill path with a slight move of the drill rig relative to Hole 1 is certainly not a negative. (In fact, I consider it a very positive thing.)

DYOR

GLA

Just to demonstrate what I'm "claiming" here, based on photos obtained from WSBN via social media.

Photo 1 is from August 4, 2025, 8:31:46 AM => HOLE 1

Photo 2 is from September 7, 2025, 11:54:42 AM => HOLE 2

Photo 3 is from September 18, 2025, 9:13:56 AM => HOLE 2

The photos show "a" drill site from a position with a good overview of the surroundings. The direction of the photos changes, and the photographer's position also changes, possibly by up to 1 or 3 meters. Even though we don't know the zoom level of these photos, we can determine, based on the coordinates on the overlay, that they are always the same drill site.

This was without AI.

Now we're asking AI (Gemini), and you'll find the answer in the link.

What is the possible distance between these three coordinates on the photo overlay, taking into account the accuracy indicator +/-6, the height compared with sea level, and the direction?

https://g.co/gemini/share/1c83caee978b

DYOR

GLA

I don't immediately think of an opposite angle, but I do think of a different azimuth (I think 218) and a different angle at a location 2 to 5 meters of 25RSDD001.

Hopefully, assays of 25RSDD002 will provide more clarity.

DYOR

GLA

Where is 25RSDD002 located?

Everyone is suddenly talking about the fact that the 25RSDD002 hole entrance was drilled 200 meters from 25RSDD001. But my question is, "Are the photos not real? Have they been modified with different coordinates to mislead us? Or are they real, and did the entrance to hole 2 not start at 200 meters but closer to 25RSDD001?"

I'm basing my findings on satellite imagery.

I'm basing my findings on the photos with coordinates from both RNS's and in posts on X , Facebook and LinkedIn.

I'm relying on other available observations.

But apparently, most people are convinced that the entrance to hole 2 is 200 meters from hole 1.

And yes, the RNS states in words:

"Original expectations for this second hole were that drilling would potentially intersect the breccia and

mineralization as identified in the first hole (#25RSDD001) at a much deeper depth, as the step-out

is 200 meters southwest from the breccia intercept in the first drill hole."

But Ed MEAD also states in the same RNS:

The depth of breccia, alteration, and mineralization in this second hole was expected to be much deeper than the mineralized breccia intercept from drill hole 1, as we are sitting downhole 200m southwest of the mineralized breccia seen in hole 1 at 550m depth.

The important thing here is the words: we are sitting DOWNHOLE 200m southwest of the mineralized breccia seen in hole 1 at 550m depth.

Since they are drilling 25RSDD002 at a distinctly different location () compared to 25RSDD001, but according to the coordinates and satellite images, it is still on the same drill path as 25RSD001 and also at a different angle and azimuth than 25RSDD001, we know that all of this certainly affects everything, but there are still too many unknowns to know what is correct and what is not.

I think hole 2 is very close to hole 1. (I still think it's 2 to 5 meters)

Time will tell, but I have no doubts about the quality of the drilling results. Ultimately, the assays should tell us what's in the ground and approximately where.

The future certainly looks very good to excellent, but be careful: the first assays may be disappointing for some, much more drilling is needed to get a better picture of the RED SETTER DOMES.

Next week and next month will bring us more good news. In the meantime, we're going to 25RSDD003, but where will that be? Could there be another change of plans? When do they start double shift, when will we see a second drill rig?

Good WE all

DYOR

GLA

How do you know what everyone wants?

Next week more good news and even more good news in October

DYOR

GLA

@Ezhik

Lenigas surely wants to see the cores from drilling @ Hasties because drilling has ended at Hasties.

From Rincon on X 24 Sep 2025:

With gold prices at record highs, Rincon Resources (ASX: RCR) has completed the final hole, HRC25014, in its current drilling program at the Hasties gold-copper deposit.

https://x.com/RinconResources/status/1970666422826406154

And remember, WSBN and Rincon share the same Logging Area at +/- 1 Km from Hasties, they both have also APEX working on their site.

DYOR

GLA

He definitely wants to see the Rincon resources cores from their drills before they are taken to the lab

And who knows what more to come during his stay there?

DYOR

GLA

PQ or NQ rods in use?

(as seen on the rod rack from picture 24 Sep 15:49)

If Core Drilling Services is actually using NQ and PQ rods, then according to my calculations, the rods on the rod rack are NQ (considering the number of rods on the bottom and the required width of the rod rack).

The container containing the rod rack is approximately 2.5 meters wide, the rod rack itself will have a maximum internal width of 1.56 meters, and

I count 22 rods on the bottom of the rod rack.

PQ rods have an outer diameter of 114.5 mm. => 22 x 114.5 mm = 2.519 meters. => too much, definitely does not match the inside width of the rod rack

NQ rods have an outer diameter of 70 mm. => 22 x 70 mm = 1.54 meters. => corresponds to the inside width of the rod rack

So, NQ rods are definitely currently in use => These give a typical core diameter of 47.6 mm

DYOR

GLA

Most rods they use in this drilling are 6 meter

DYOR

GLA

@Momo2058

Kodal never said "fleet mobilization started 'imminently'"

But BA said:

"Final administrative processes will be completed imminently and the mobilization of the trucking fleet to site will commence as soon as possible."

Incidentally, satellite images do not yet show any movement of the spodumene concentrate stock on site. So I don't think trucks have been loaded with product yet to be transported to Abidjan. The 45,000 tons of SC are still on site (according to my observations).

Ganfeng took approximately 70 days to transport 40,000 tons of SC from Goulamina to Abidjan and store it there, then load it onto the ship in a few days. The ship left the port of Abidjan on June 28, 2025, and on August 5, 2025, it reached a position in the South China Sea comparable to the port of Danzhou, Hainan Island. That's a sea voyage of approximately 37 to 40 days. It could be faster, but this is ultimately less important (only 5% of payment depends on this "arrival at Hainan).

The most important thing is to get the SC on board a ship in Abidjan as quickly as possible.

Many other questions about SC exports will only be answered once it actually happens.

DYOR

GLA

They are still drilling on Hole2.

25RSDD002

DYOR

GLA

From today's tweet:

Compare the photo from

July 29, 2025, 1:35:03 PM (This is definitely Hole 1: 25RSDD001)

https://x.com/WishboneGoldPlc/status/1950183509286416449

with the photo from

September 14, 2025, 12:44:31 PM =>photo 01 (with the entire blue water tank visible.)

https://x.com/WishboneGoldPlc/status/1967534975865298947

Is this photo from this 15 September tweet from Hole 1 or Hole 2? (I think it's Hole 2: 25RSDD002)

Look carefully at the vegetation to the right of the white cabin and then to the right towards the pile at the back of the water holes, so behind the drill pad area, in the back of the photo. Pay particular attention to the bushes at the back and also to the bushes just behind the furthest visible piles of earth. Several shrubs and other vegetation are clearly recognizable in both photos, but they are not in the same position relative to the other landmarks (different camera angle).

Look carefully at the shape of the mounded earth to the right of the pools of water.

And of course, also consider all the other features, but they are less important than the points of interest I mentioned above.

Another important point to look at is the door of the white cabin, which is open and therefore shows more of what is to the left and of the cabin in one photo, but not in the other (the first).

And then you have to estimate how much they have shifted if this were a photo of 25RSDD002 (which I think it is).

These are things that AI cannot yet handle, but a human can.

DYOR

GLA