Facts1 Sep 2025 11:16
The only 2 substantial facts from the people involved are the geologists have congratulated WSBN on a discovery.
And we have had Ed Mead (director) comment about what the drill has found as ‘outstanding’
...........Https://www.ig.com/uk/news-and-trade-ideas/wishbone-gold-shares-rally-on-promising-drilling-results-and-new-250828
"Significant geological discovery drives investor interest
The momentum began on Monday, 18 August, when Wishbone announced that initial drilling at its Red Setter Gold Dome had intersected a substantial breccia pipe featuring quartz-carbonate veining and sulphide mineralisation - including chalcopyrite and pyrite- over an interval extending more than 130 metres.
Western Australia Director Ed Mead described the finding as "outstanding," highlighting its resemblance to mineralisation styles seen at nearby flagship deposits such as Telfer and Havieron, both of which represent significant gold mining operations.
The geological significance of this discovery lies in both the scale of the mineralised zone and its similarity to proven deposits in the region, providing validation for Wishbone's exploration model and target identification.
The depth of the intersection, at 520-570 metres, indicates substantial mineralisation that could extend significantly deeper, creating potential for a large-scale discovery if follow-up drilling confirms the initial findings.
Next steps and timeline considerations
Looking ahead, Wishbone's immediate focus will be completing assays from the current drill hole and initiating step-out drilling both laterally and at depth. Results from these follow-up operations are likely to be closely watched by shareholders and speculators alike.
The assay results will provide crucial information about grade, continuity, and the economic potential of the mineralised zone, determining whether the geological discovery translates into a commercially viable resource.
Step-out drilling will test the extent of mineralisation and help define the scale of the potential deposit, with successful results potentially supporting further share price appreciation and additional exploration funding.
The timeline for receiving assay results and planning follow-up drilling will be important factors for maintaining investor interest and supporting continued exploration momentum through the remainder of 2025."
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