Member Info for LOTM-13

From smart GPT-5 viewing it

Visual interpretation

White quartz: Likely hydrothermal vein quartz, common in the breccia pipe and hinge‑zone veining. In Paterson‑style Au–Cu systems, quartz is often accompanied by carbonate and sulphide minerals.

Yellow/gold specks:

The brassy‑yellow metallic lustre is most consistent with chalcopyrite (CuFeS₂) or pyrite (FeS₂) rather than visible gold — though coarse visible gold can occur, it’s rarer and usually more malleable and richer yellow in tone.

Chalcopyrite in fresh core often has a richer golden hue than pyrite and may show slight iridescence (purples/greens) on fresh fracture surfaces.

Pyrite tends to be paler, more “straw‑yellow” and more cubic in habit.

Association: In the Red Setter breccia pipe, quartz–carbonate–chalcopyrite ± pyrite veining is exactly what’s been reported in the 570–722 m interval of 25RSDD001. The presence of sulphides in quartz veins is a strong vector toward mineralised fluid pathways.

🧠 Geological significance

Fluid pathway indicator: Quartz + chalcopyrite/pyrite is a classic signature of mineralising fluids in IOCG‑style systems.

Potential grade: Sulphide‑rich quartz veins can carry significant Au–Cu grades; the gold is often fine‑grained and locked within or along the margins of chalcopyrite/pyrite.

Vectoring: If this is from the breccia pipe interval, it supports the idea that the pipe is a vertically continuous feeder, and the SW step‑out could hit even richer zones toward the core.

LOTM

Hi dafad,

I'm 100% certain those are the WSBN 25RSDD001 cut-cores, the writing & numbering on little white pieces of paper inside each tray is exactly the same as the ones in the RNS photo's ! :)

Having had a look at the picture close up, I think they "hid" a few things in the core pictures we got in the RNS !

Look at the bottom tray of cores, bottom row, very right hand side look at the quartz there compared to the rest of the tray! & in the tray above that another 2 big chunks of quartz on different rows of that tray!

LOTM

Morning All,

Another good day for APTA shareholders yesterday :) long may it continue!

GLA

LOTM

Well done to JustHereForHemo & others for sticking with it & managing to turn things around for HEMO, hopefully the company capitalises on the turnaround.

People also need to reflect on how the company got itself into the position it did in the first place & take action to rectify it.

Last year the disastrous share consolidation & comments by HEMO directors & then there actions that were totally contrary to those comments are largely to blame for what followed. For all the USA listing/insto's talk, won't be issuing under 1p a share etc etc

After the 40 for 1 share consolidation there were just 3,504,539 shares in issue & just before that RNS came out the share price was 1.75p in old money £7.00 in today's terms.

On the 4th Sept there will be 5,043,896 shares in issue ( an increase of 1,539,357 or 43.92% dilution to long term investors holdings) but that actually masks the true scale of the dilution long term shareholders have actually suffered since the share consolidation.

There are a combined 1,197,356 warrants out there from the 6 placings that have occurred since the placing, which are no doubt going to be exercised pretty soon given the massive difference between there exercise price & the current share price. The good news it will give HEMO another 2.15M+in the bank. The bad news - they'll now be 6,241,252 shares in issue (& that excludes the possible 116,000 CLN ones).

So the true scale of the dilution suffered by long term shareholders since the consolidation is 2,736,713 shares or 78.09%. So unless they've actually topped up there old holding prior to the end of Dec 2024 by at least that same percentage they will effectively have been diluted.

Yes the new CLN is a move in the right direction with no down side risk in its terms, but even at £5.30 per share it is further dilutive compared to where everything was pre-consolidation to that 1.75p (£7.00) price.

Anyway hopefully events from now on turn out well for all those long suffering HEMO shareholders, but sadly the upside potential for your holding if you didn't average down is now 80% less than it was back then.

GLA

LOTM

Hi callit,

If you lineup the Hasties & Kurilli Hill dots on page 2 & continue the line north-west past the tip of the yellow arrow there is a tiny grey triangle, I'd say that's about the bottom right edge of the Red Setter property.

LOTM

Hmm might be a hint that the gold content (AU) in the assays is higher than investors are expecting (compared to CU) or that an RNS is on its way & is going to get a GGP share type reaction!

LOTM

Sharebel,

Before they extended what is now 25RSDD001, the pre-drill expectation for the hole was to hit the top of the Red Setter Dome at 550M & drill down possibly as far as 630M.

They did not expect to find a 152M Breccia Pipe or to find 257M+ of mineralisation starting from 520M downwards (who knows how much deeper it goes).

That currently makes it over 3 times bigger than pre-drill.

There clearly excited by what they've seen so far and hole 25RSDD001 appears to be on the edge of the Breccia Pipe, so the grades from it are highly likely to be lower than those that they expect to get from the new hole that is being drilled.

The grades at both the Havieron & Telfer deposits improved with depth.

LOTM

Wow the IG article Bobat1234 found has even got quotes from a WSBN director - people need to read this ...........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."

LOTM

From all the Smart GPT-5 stuff,

The low-down seems to be that Wishbone seem to have got very lucky with hole 25RSDD001, in that it managed to hit this Breccia Pipe. given that the Breccia Pipe on all the data it has analysed is SSW orientated at an angle of between 70-80 degrees (given that 25RSDD001 has been drilled in that same direction SSW).

Further more it seems to have hit close to the top of the Breccia Pipe (the evidence being that the material within the top of the pipe is very jagged - meaning it hasn't travelled very far), whereas further down the Breccia pipe the material is much more rounded meaning it has travelled a longer distance for that to have occurred.

It expects the new hole (which should by now have set surface casing at @ 150M & be drilling ahead from there) to have a far better outcome than hole 25RSDD001 which seems to be more on the edge of the Breccia Pipe (the halo of it) as its targeting the centre of the Breccia Pipe where better mineralised grades should be found if the interpretation of the existing data is correct.

It also expects the Breccia pipe to run at least 1km & for grades to increase with depth, as has been the case with both Telfer & Havieron.

-----------

Incidentally I don't know how many of you have looked at the bottom right hand corner of figure 8 of this RNS

https://wishbonegold.com/wp-content/uploads/2025/08/WSBN-RNS-250818-Significant-Breccia-Pipe-Intersected-at-Red-Setter-Gold-Project-3m5h.pdf

If you had you'd see an area marked with a red maker pen, the Geologists do this to flag it up ahead of core cutting as its an important find that needs investigated & is therefore of significance.

Sadly its not able to pin point what the significance is in this instance.

LOTM

More from Smart GPT-5

LinkedIn Image (MobileMT + Drill Overlay)

From the visual (no coordinates in metadata, but relative positions are clear):

L1470: 25RSDD001 pierces the resistive dome core at ~520 m, then into a conductive vertical feature (breccia pipe) from ~570 m downwards.

Planned step‑out: Collared west of 25RSDD001, trajectory aimed to intersect the same conductive vertical feature ~50–75 m SW at 550 m depth.

L1460: 23RSRC003A sits on the eastern flank of the resistive dome, targeting hinge zone and possible breccia margin.

Resistivity shells:

High‑resistivity (>2000 Ω·m) core = dome hinge.

Moderate resistivity (500–1500 Ω·m) halo = alteration zone.

Low‑resistivity (1 km.

Step‑out hole is optimally placed to vector into the pipe’s hotter core, where conductivity is strongest.

L1460 deepening will test whether the breccia widens eastward or if mineralisation is confined to the hinge axis.

Targeting implications

Pipe geometry: The 152 m breccia interval along the 25RSDD001 trace (570–722 m) within a larger 520–777 m mineralised envelope suggests a steep, pipe-like body cutting the hinge. The SW step-out should slice closer to the pipe axis and potentially higher grades4.

Depth potential: The system remains open below 777 m. With rods mobilised for >1,000 m, both the step‑out and any later deepening of 25RSDD001 can test feeder levels where metal tenor commonly strengthens in Paterson Au–Cu breccia systems.

L1460 role (23RSRC003A): Deepening on L1460 is important to check whether the breccia expression or alteration halo broadens eastward along the hinge or is focused beneath L1470. The pre-drill plan had this hole aimed at the hinge; in light of the pipe discovery, extending beyond 550 m (≥750 m) is justified to capture any off-axis feeder strands

LOTM

"Why drilling from the North made sense before the Breccia Pipe was known

Primary objective (pre‑pipe): The program was targeting a SE–NW elongated dome. A north→south azimuth builds sections across the dome (orthogonal to its long axis), ideal for testing the dome geometry around the expected 550 m crest and collecting unbiased true‑width data on any stockwork/reef corridors.

Structural uncertainty management: Without evidence of a steep pipe, a north–south line is deliberately oblique to both common Paterson trends (NW–SE and NE–SW). That reduces the risk of drilling subparallel to veins or shears, improves intersection angles, and yields cleaner grade and thickness reconciliation—exactly the logic historically used on Telfer and Lamil domes to avoid along‑strike bias.

Operational and control benefits: Northern flank pads often offer better access and deviation control. From a single northern pad, you can fan holes (vary dips) to bracket the dome crest and immediate footwall—aligned with the original ~630 m planned depth—before any decision to deepen.

Post‑discovery advantage: Once the unexpected vertical breccia conduit appeared, the north–south geometry proved fortuitous: it cross‑cut the pipe at high angle, sampled the overlying cap and underlying veins in the same hole, and tied neatly to geophysical trends for a robust geological–geophysical “type section.”

When to change azimuth later: After confirming the pipe and any dominant shoots, selective NE–SW or SW–NE infill fences can be added to resolve shoot geometries or secondary splays, while keeping the north–south sections as the backbone for dome‑scale interpretation."

LOTM

I played around with Smart GPT-5 & it is very happy with the way WSBN are currently drilling this in a subtle SSW direction to the SE/NW Dome.

Bottom line

The new hole is a plunge‑test — it’s designed to answer whether the mineralized zone seen in 25RSDD001 continues 50–75 m SW at the same level.

Best‑case: Thicker, higher‑grade intercept → confirms SW plunge and opens up more step‑outs in that direction.

Worst‑case: Weak or absent mineralization → forces a rethink on plunge direction and focuses follow‑up closer to 25RSDD001 or along a different vector.

How this changes the geometry

From your cross‑section image (L1470), we already had:

23RSRC001 (and its diamond extension 25RSDD001) — intersecting the breccia pipe and mineralisation between ~570–722 m downhole.

Planned SW step‑out hole — testing along plunge from 25RSDD001 at ~550 m.

Now, with the RNS:

23RSRC003A is on a different section line (L1460), but at ~550 m it will be right in the hinge of the dome — a prime structural position.

This means we’ll have two deep pierce points into the hinge zone, ~100 m apart laterally (depending on section spacing), plus the SW step‑out on L1470.

Together, they’ll give a 3D constraint on the plunge and thickness of the mineralised zone.

Exploration logic

If 003A hits strong mineralisation at the hinge, it confirms the hinge is mineralised and that the resistive dome model is predictive.

If 001/25RSDD001 + SW step‑out also hit, we can map the plunge direction and continuity.

If 003A is weak but 001/step‑out are strong, mineralisation may be more on the limb than the hinge — changing the targeting model.

------------

So seems to be 2 possible plays here, a limb/plunge play & a hinge play

LOTM

ID78,

From https://geoview.dmp.wa.gov.au/GeoView/?Viewer=GeoVIEW&layerTheme=Historical%20Mining%20Tenement%20Maps&_gl=1*2e8707*_ga*MTA3MTMzMDI1Ny4xNzU2NDM1MTYx*_ga_S1QYDDWVV5*czE3NTY0MzUxNjEkbzEkZzEkdDE3NTY0MzU4NDQkajYwJGwwJGgw

Description

LIVE - Tenement

Holder1: WISHBONE GOLD WA PTY LTD

View more information on Tengraph

Details

TENEMENT ID

E 4505297

TYPE

EXPLORATION LICENCE

SURVEY STATUS

UNSURVEYED

TENEMENT STATUS

LIVE

HOLDER COUNT

1

HOLDER 1

WISHBONE GOLD WA PTY LTD

HOLDER 2

HOLDER 3

HOLDER 4

HOLDER 5

HOLDER 6

HOLDER 7

HOLDER 8

HOLDER 9

START DATE

08/07/2018

END DATE

26/08/2029

GRANT DATE

27/08/2019

FORMATTED ID

E 45/5297

LEGAL AREA

18

UNIT OF MEASURE

BL.

COMBINED REPORTING NUMBER

ALL HOLDERS

WISHBONE GOLD WA PTY LTD

News,

hmm, so WSBN applied for all the open Tenements within 30km of Telfer.

I didn't notice this yesterday :( but if you look at my post early this morning I highlighted this https://app.sharelinktechnologies.com/announcement/asx/2b78ba9ecdfe8c83e368d3c245abcd9e

And some links to more AIC Mines documents which won't now open. They held all the Tenements surrounding 80% of Red Setter & those Tenements were live until 2027 ish.

What I didn't spot was that E45/7138 which WSBN applied for before 8th July, was one of those 50/50 Tenements between AIC Mines & Rumble Resource !

They must have relinquished them a few months ago & by the looks of it, it looks like Greatland Gold must have picked up a lot of the other ones!

LOTM

Boromad,

Given what I've just posted about the initial Ret Setter Project E45/5297 https://wishbonegold.com/wp-content/uploads/2021/03/RNS_WSBN_Acquisition_of_option_on_Significant_Havieron__Telfer_Region_Tenement_Package_bk0q201005.pdf

& your post on Mining Equities, which states "project vendor and technical advisor" on Red Setter block E45/5297

Then you'd have to say that there is a connect between "Mining Equities" & "Peter Romeo Gianni, Geonomics Australia Pty Ltd and David Anthony

Lenigas" now that connection could be either Peter Romeo Gianni, or Geonomics Australia Pty Ltd or David Anthony Lenigas or a combination of 2 of them or all 3 of them. What that connection is I have no idea currently.

LOTM

Hi Warrie,

Sadly I don't get to see anything after I click on the box, but that's maybe just me as I don't have a linkedin in account etc.

Anyway its good to se people doing there own research on it all now :)

LOTM

Hi Such,

It is only giving answers for the intervals where it can view close up images to compare them with similar cores from known deposits that have already been assayed.

Its not giving out exact assay results its provided an expected "Grade Range" of where it would expect the assay result to fall between for the intervals in question.

As I've said I think its got the AG stuff wrong, but lets wait & see how close it did or didn't get with those intervals in question.

They only cover a fraction of the 257M of core that are going to be assayed & we have no idea if they are the best bits or average bits etc.

What analysing those pictures did do was allow it to explain to me how it believes the mineralisation occurred.

From the SMART GPT-5 session

"Why texture matters

The texture — size, shape, sorting, and arrangement of clasts, plus the nature of the matrix — can reveal:

Formation mechanism

Hydrothermal breccia: formed by explosive fluid release during mineralizing events.

Tectonic breccia: formed by fault movement.

Collapse breccia: formed by dissolution or stoping underground.

Energy of the event

Coarse, chaotic textures often mean high‑energy, explosive events.

Well‑sorted or rounded clasts suggest lower‑energy, possibly sedimentary processes.

Timing of mineralization

If sulphides (chalcopyrite, pyrite) are in the matrix, mineralization happened during or after breccia formation.

If veins cut across clasts and matrix, mineralization is post‑breccia.

Why it’s important in exploration

In systems like Red Setter:

Breccia pipes can be vertical conduits for hydrothermal fluids, concentrating metals in and around the pipe.

Quartz–carbonate veining within breccia often indicates repeated fluid pulses — each potentially adding more gold or copper.

Sulphide distribution in the breccia matrix is a strong vector toward ore zones.

Alteration halos around clasts can point to the chemistry and temperature of the mineralizing fluids.

Example from Red Setter

The angular clasts, dark altered matrix, and multi‑phase quartz–carbonate veining you see in the Red Setter cores suggest:

A high‑energy hydrothermal breccia event.

Multiple fluid pulses, some carrying copper (chalcopyrite) and iron (pyrite).

A geological setting similar to other productive breccia‑hosted copper–gold deposits"

LOTM

Hi DRANKWELL,

I've no idea how the market will react to the news, you need to see the grades results over large intervals to make a determination.

The 1st hole is only going to give you a flavour as to what is or isn't down there. I'm 99% certain they'll get better results in other holes they drill.

I still think they are drilling this in the wrong direction, so they need to come out & explain it all to investors.

If only we had some Geologists on the BB to go through it all ! maybe they would agree with me about the drilling of it, or tell me I'm completely wrong!

LOTM

Hi FillToSpill,

I must admit I was a little surprised that it (Smart GPT-5) was giving out potential grades estimates to!

Remember it didn't do it for the whole Breccia Pipe, only the sections where it had been able to see the core close up & then do comparison's obviously with know assay results from elsewhere around the world.

Hence it giving us AG expectations when everything to date say's that won't be present here, indeed I'd say PB & ZN are more likely to be present when you take the Lamil Dome findings into account.

-----

Now just for transparency, I'm posting the exact questions I asked Smart GPT-5 so that anyone else wanting to verify what I posted for themselves can do so.

"wishborn gold's Red Setter project"

"view the pictures of the cores from the Wishbone RNS's, & compare them with other known discovered Breccia Pipe that contain, Quartz carbonate veining, breccia including chalcopyrite and pyrite sulphides"

"Have you taken all the pictures from the Wishbone RNS, from 11/08/25, 18/08/25 & 21/08/25 ?"

"yes please proceed"

After that one you it will draw you a pretty amazing picture :)

"Can you explain the significance of breccia textures?"

"The Breccia pipe at red setter is from 570M to 722M, above it is 50M of potential ore body & below it at least 55M of potential non breccia ore body, how do these all relate to one an other & what can be deduced from the pictures of the 3 different layers so to speak?"

"yes please"

It draws you another 3 section picture

"page 5 of 8 from the 18/08/25 RNS figure 6 the right hand picture tell me the significance of what can be seen it in 642-646M ?"

"yes please"

An even more amazing picture is produced for you! one I couldn't quite get my head around so I kind of had it going back verifying it was actually using the picture in question (figure 6 right hand very close up one) with the next lot of questions I asked it & used up a resource where you're only allowed so many of something possibly for the day :(

Anyway the rest of my questions were these

"can you show me the original right hand picture you used for this please"

"yes please"

"yes please"

After that yes please you'll get the 3 measured intervals described to you (exactly as I posted them, but I combined the result from each interval with the answer I got after the next yes please when I posted it on the BB)

"yes please"

It will now show you the grade estimates for the 3 intervals

"given those potential grades of CU/AU/AG etc in the breccia pipe what would be your projections for mineralisation in the 737 - 757M images from 21/08/25 ?"

It wanted close -up images which we don't have so this was my next input

"The only pictures available are from the 21/08/25 RNS of that 737-757M area for you to compare against"

Which ends with the Direct answer expectation that I posted earlier & that is as far as I've taken it.

So if you follow that exact pathway you should

Here's some more research information close to Red Setter

Lamil Dome & Sundew

https://app.sharelinktechnologies.com/announcement/asx/2b78ba9ecdfe8c83e368d3c245abcd9e

Unfortunately one of the sites is down so those can't be viewed currently.

https://www.aicmines.com.au/wp-content/uploads/2020/11/20201109-Investor-Presentation-Nov2020-F2.pdf

https://www.aicmines.com.au/wp-content/uploads/2021/03/20210224-Investor-Presentation-Feb2021-F.pdf

https://www.aicmines.com.au/wp-content/uploads/2021/07/20210722-Investor-Presentation-July2021.pdf

When you can get to view them you'll get to see how AIC Mines tried to drill the Lamil Dome in the way you'd expect it to be done not the way WSBN seem to be going about it!

LOTM