RE: TD 950 hole 3 1.5km away from Hole 117 Oct 2025 07:06
Wishbone Gold Plc is pleased to provide this update to shareholders on activities at the Company's Red Setter Gold Dome Project, located 20km South-West of Greatland Gold Plc's (AIM and ASX: GGP) Telfer gold mine in Western Australia (Figure 6).
Diamond drilling on hole 2 (25RSDD002) was completed at 950m and has now moved to a planned 500m deep drill hole (hole 3) located 1.6km north of holes 1 and 2. The core from hole 2 hit multiple zones of fracturing with pyrite (Figure 1-5). The core will be dispatched to Perth and ALS Laboratories shortly for cutting and assay.
Hole 3 (25RSDD003) is following up on previously drilled WRSDD0008 that intercepted 7m @ 2g/t gold and 0.38 copper from 273m.
As mentioned in the Company's last announcement, the Schramm T685i (DR21) Reverse Circulation ("RC") rig from Core Drilling Services (Core) will be mobilising to site this weekend and start drilling on 21st October.
The RC drill rig will complement the diamond drill rig Core have on site, with pre-collars generating more target angles into the Red Setter Dome, additional water bores to supply water for double shifting diamond drilling and targeting shallower copper gold intercepts from 117m reported in drilling from 2023 around the diorite dyke.
The RC rig has been contracted for an initial 5,000m of drilling.
Ed Mead, Wishbone Gold WA director, commented: "Diamond drilling is now on double shift and with the Reverse Circulation drill rig arriving this weekend we are ramping up activities to expedite exploration. I look forward to the results arriving soon from the first drill hole, and while we await these results, we have sent the diamond rig to nearby hole 3 to investigate past findings. I look forward to presenting further updates on progress shortly."