Member Info for LOTM-13

Can't be many drilling issues if you can get a 4M core section out in a one-er can there ?

Drill Baby Drill

LOTM

Thenorseman,

Yes that is core from Red Setter Dome

Drill Baby Drill

LOTM

Splattered,

I went with 30M on a double shift.

I honestly believe we are there at 1000M or more.

However I just don't trust the Chairman or BOD after what's gone on previously, there probably scheming something right now, its 9 days without a tweet !

They could say something, but have chosen not to, just like they haven't shown us any of the cores since 581M in the tweets they did do.

They could & should have put out a Shareholder Presentation long before now to educate shareholders but haven't to the detriment of everyone.

Lots of questions remain unanswered sadly.

As for the 1st hole 25RSDD001, many are looking for it to be gold, everything I've seen & Expert Geophysics highlighted it themselves, https://www.linkedin.com/posts/expertgeophysics_london-south-east-the-uks-favourite-investor-activity-7368822548341420033-zZG8?utm_source=share&utm_medium=member_ios&rcm=ACoAADYNp5QBQXwCZBMOPIixHeSliL-9Q-_MAjU

Says its likely to be more copper orientated than gold, so a healthy 0.3% CU & 0.5g/t of AU over 100M+ would be nice.

People are very confused by the references to Telfer & Havieron & think Red Setter Dome is the same but its not, hopefully it is the same Brecciated deposit as those 2 but it contains different sediments to both of them as well which might be better (or worse) at retaining mineralisation than they did - especially in regard to Telfer - where it has so much near barren material, mixed up with 0.1 - 0.8M thick pieces of high grade 40g /t ore, that is not in uniformed layers & is higgle-ty-pigitely (sporadically) dispersed throughout the deposit.

LOTM

British_Mike,

The numbers you see are the "length" depth of the holes (normal practice) not the actual depth. To work that out you need to factor in the Dip angle of the hole.

That is why when I'm doing the size of the potential resource block, I have to factor those differences into the equation.

When a company starts to drill a new target they don't know what angle the fault or hinge or such like truly lies, 1st they want to find it (mineralisation) then they will try & adjust the angle they are drilling at so as to hit it at 90 degrees if possible to try & obtain the true widths of the mineralised section.

Sometimes when they are not sure which way it slope you'll find them drilling from 2 directions, so of that occurred with the 12 previous holes over the 3km strike length.

The Breccia Pipe for example isn't 152M true width, its the length of time the drill hole was in it, not only do you have to factor in the drill angle to get a true width of it, you also have to factor in the fact that it was steeply dipping to the south-west itself.

Drill Baby Drill

LOTM

British_Mike,

I personally don't believe for a moment that they intended to end up 200M away from hole 25RSDD001 at 550M.

They have a lot of explaining to do !!!

I think they ended up having to side track the hole like they did with hole 3 from 2023 that then became hole 3A as seen in figure 4 of the 25th April RNS, or they got into difficulites like the 002 hole in 2023 as seen in the same figure 4 (that is missing the dome completely if you draw it any further) but slightly less so & knew the hole was going to be further away than planned but within "range" of where they wanted to be!

If you read the Lamil Dome reports you will see that they to said it was difficult drilling through this 80-150M of Permian Cover, which could be behind the angle changing slightly.

Drill Baby Drill

LOTM

Casper786,

The 25th April RNS https://www.lse.co.uk/rns/WSBN/red-setter-gold-dome-target-to-be-drilled-y5df8feyxzpkfee.html

actually tells you that they got the previous drilling wrong & used the wrong rig etc !!!

Drill Baby Drill

LOTM

On Monday 13th Oct at 23:59 WSBN should have been around the 981M & that means that they should realistically have hit the 1000M mark around 4pm UK time today Tuesday 14th Oct, assuming WSBN were still in mineralisation & still drilling ahead in 25RSDD002 on double shifts.

So either they hit there target depth of 1000M & decided to end the hole there (which I'd personally find disappointing unless mineralisation had ended) & are running IP & EP at the bottom of the hole to gain further information about the surroundings which they should be able to complete within half a day I'd say, meaning they should be able to issue an RNS Wednesday morning UK time , giving us an update on what they've found from the drill cores & there next steps, like going back to deepen the 25RSDD001 hole from 777M to 1000M or such like & where the new rig (when it arrives) will be drilling its 1st new collar etc. When we're likely to start getting assay results from hole 25RSDD001.

On the other hand they may continue to drill as deep as the rig will allow them in 25RSDD002, in which case it might not be until very late Friday night UK or Saturday morning until they get to possibly 1100M & then they would still want to run those same in hole IP & EP soundings. In Which case it might not be until Monday morning that we actually get a proper update on what's been or not been found in hole 25RSDD002 from 581M downwards

It would be nice to get a tweet or such like confirming which of the above is now occurring !!!

So as at 23:59 Tuesday 14th Oct provided they are still drilling ahead & on double shifts, then they should be at 1011M & gaining more & more data with each passing hour as they go deeper & deeper.

Drill Baby Drill.

LOTM

Ah Casper786,

That ties in with the yellow outlines in the UpsideRebal posts https://x.com/Upsiderebal/status/1955513397639872865

However it totally contradicts the need for the Domes to be NW/SE orientated.

More confusion created by the lack of proper information from WSBN.

You should send them a picture with a WSBN New Presentation on it ! perhaps they'll get the message that way!.

Anyway we should be at 1000M by now .......................

Got to be in it to win it.

Drill Baby Drill

LOTM

Hi Casper786,

Yes I can see what your saying now.

However I don't know if those 2 "domal structures" were just added to make the drilling of the collars look right to a viewer or not?

They certainly don't match up with the Expert Geophysics files Dome pictures (which you yourself have posted covered in Gold)

So I can see why you are very confused by it all.

If the WSBN RNS was in actual fact correct they could have used all 6 previous collars!! so I don't know where issue lay, maybe someone interpreted the data wrongly at some point.

Anyway it just highlights the need for an up to date WSBN Presentation, something I've been shouting out for for weeks now.

Its no wonder so many shareholders are so frustrated by the company & the Chairman especially, a total lack knowledge being passed on to the shareholder base leaving them total in the dark really instead of educating them on the plan of action going forward.

If WSBN were going by the RNS plan then they got even luckier than I thought they had, lets hope the Wish Bone luck continues.

Because on that plan there is no way they would have drilled to the southwest of the 001 hole, & the main dome is tiny (just over 1 km long) compared to how the Expect Geo data is describing it.

Drill Baby Drill

LOTM

Casper786,

https://wishbonegold.com/wp-content/uploads/2023/12/WSBN-RNS-231204-Mineralisation-over-3km-strike-at-Red-Setter-kmw2.pdf

If you were to deepen the old hole 11, which is basically drilling around 270 degrees ie west (page 2 figure 1) then you'll have wasted your time & effort, it won't even hit the main dome!

LOTM

No Casper786,

They were following another feature back then, that might or might not have been located over this "dome 2" (as you call it) position, they were certainly no-where near deep enough to be anywhere near that so called dome.

The presentations from Expect Geophysics, shows the top of the current dome as being being nearest the surface & another much smaller one to the side of it at close to the same depth 500M+

You're mixing 2 very different things up.

LOTM

Casper786,

I think your getting a little carried away.

They haven't drilled "dome 2" as you called it, they didn't go anywhere near deep enough to do that.

Yes they found 3km (of wide spaced) mineralisation in the 12 holes they drilled.

As for the 6 collars they drilled in 2023, most of that money seems to have been wasted as only 1 & 3A (a side track of the original one) actually seem to be useable to test the main Red Setter Dome. If they'd just gone ahead & drilled the 1 hole with RC by the time they got to 560M they would have stopped & brought in a DD rig & raised cash & a lot of the history to Red setter Dome would already be known !!! instead of us waiting to find out the details now.

Drill Baby Drill

LOTM

Hi Professor1,

As Thenorseman stated, the current drill rig can only operate to a depth of around 1100M.

The Telfer deposit if you look at it in great detail goes well beyond 3000M deep.

I'm not sure why WSBN didn't get the largest CORE drilling rig that can go to 1900M, https://coredrilling.net.au/rig/comacchio-cxt-15/ it could be because it wasn't currently available ? or that in all the pictures I've seen it's always at a vertical angle rather than being able to change angles but since its from 2021, I would have thought angular drilling was possible with it.

Maybe it's booked to come on the scene later? or maybe they have a 2nd DD rig from another contractor organised to come instead, that we simply haven't been told about yet.

Hopefully when we do finally get official news they have gone as deep as they can with the current rig, then sent in IP & EP equipment to the bottom of the hole to get additional information on what's down there in the surrounding area & how close the major fault lies to the west of the hole location etc.

Drill Baby Drill

LOTM

They could of course have completed the OO purchase & then issued the OO shares to HUI shareholders as an in species special dividend !!!

Now that would have been an interesting way to do it.

Obviously the ratio of how many OO shares you got would depend on how OO's share structure is compared to HUI, even if it was 1 OO share per 10,000 HUI it would still have caused some excitement & increased OO's shareholder base to help fund its expansion etc.

That way everyone should have been happy with the outcome.

A real opportunity missed.

LOTM

Panman,

There is nothing in the accounts that shows that the OO loan was re-paid by the end of June 2025 let alone in Jan 2025.

LOTM

I have maintained a very realistic timeline for the drilling of 25RSDD002

581M as the starting point from the intraday RNS on 25th Sept.

10 days at single shifts of 16M per day (for 160M) taking us to 741M before the double shifts tweet.

Then 30M per day on double shifts for 8 days (240M) which takes up to 23:59 UK time on Monday 13th Oct

Bringing us to 981M & means that they should realistically hit the 1000M mark around 4pm UK time on Tuesday 14th Oct, assuming WSBN are still in mineralisation & still drilling ahead in 25RSDD002 on double shifts.

It would have been nice to get a tweet or such like confirming they are still drilling the same hole deeper & deeper revealing more & more data with each passing hour but sadly it didn't come. Maybe we'll get it on Tuesday instead.

Personally I hope they don't stop there but continue to drill as deep as they can with the rig, 1100M or more would be even better, after all 1100M is only 3 more days of double shifts away.

Drill Baby Drill.

LOTM

Company basically paid for the OO licence, lent it £1.1M+ had to get involved in turning the OO business around & comes away with nothing for it !!!

HW & family did very well indeed out of this arrangement HUI shareholders had to fund it through share issues that otherwise wouldn't have been needed !!

Hmm will have to see who gets the 49% of OO now & at what price !!!

HUI shareholders Royally scr*wd over as the business has to be worth a lot more now than it was back then.

LOTM

Well assuming WSBN are still in mineralisation & drilling ahead in 25RSDD002 on double shifts, then we should have been at a depth of around 951M at 23:59 on Sunday 12th Oct.

Hopefully we might get a picture or a tweet today confirming they are still drilling the same hole deeper & deeper revealing more & more data with each passing hour.

On this Schedule they would reach the 1000M around 4pm UK time on Tuesday, however I hope they continue drilling as deep as they can with the rig, 1100M or more would be even better.

Drill Baby Drill.

LOTM

Well assuming WSBN are still in mineralisation & drilling ahead in 25RSDD002 on double shifts, then we should be at a depth of around 921M at 23:59 on Saturday 11th Oct.

Hopefully we might get a picture or a tweet on Sunday or very early Monday confirming they are still drilling the same hole deeper & deeper revealing more & more data with each passing hour.

On this Schedule they would reach the 1000M around 4pm UK time on Tuesday, however I hope they continue drilling as deep as they can, 1100M or more the better.

Drill Baby Drill.

LOTM

Well assuming WSBN are still in mineralisation & drilling ahead in 25RSDD002 on double shifts, then we should have been at a depth of around 891M at 23:59 on Friday 10th Oct. So halfway through Saturday means we should have passed the 900M mark by now!

Hopefully we might get a picture or a tweet over the weekend confirming they are still drilling that same hole deeper & deeper revealing more & more data with each passing hour.

Drill Baby Drill.

LOTM