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And gold is ripping at $3,940. Should hopefully see a BLUE day today.

The speed these folk are moving is impressive. Punters will reward the speed and enthusiasm I feel. I think it's looking very positive. My take away is the orientation of the gold mineralisation is the same as Darlot West and lots of assay results coming very soon. They hit some more high grade and anything is possible.

What rubbish.

What we people in the UK need to understand is £2 million is the equivalent of Australian $4.2 million. And AUD$4m gets a lot of drilling done. Plus I don't see WSBN spending money much on other project areas.

It’s a good thing that Wishbone Gold still own the full 100% of the Red Setter play. That’s a strong position to be in.

Reported sulphides in the Breccia - pyrite and chalcopyrite.

From Google A!. Gold in pyrite at Telfer Gold Mine:

At the Telfer gold mine in Western Australia, gold is found within pyrite, but also as free gold and granularly locked in copper sulfides. The gold and copper mineralization is hosted in a series of stratabound to stratiform reefs, linked by stockwork and sheeted veining within the Malu Formation. The Telfer deposit is characterized by two en-echelon anticlines, the Main Dome and West Dome, which localize the mineralization.

Here's a more detailed breakdown:

Mineralization Style:

Gold is associated with both copper sulfides and pyrite, and also exists as free gold.

Host Rock:

The primary host rock is the Malu Formation, a sequence of metasedimentary rocks including quartzite and quartz sandstone.

Ore Bodies:

The gold and copper mineralization occurs in distinct reef structures within the Malu Formation, which are connected by zones of veining and stockwork mineralization.

Deposit Structure:

The mineralization is localized within two anticlines (Main and West Domes) that are trending northwest.

Gold Extraction:

The Telfer processing plant uses a sequential flotation circuit, separating copper and pyrite. The pyrite concentrate is then leached in a carbon-in-leach (CIL) circuit to recover the gold.

Recent Developments:

A pyrite regrind circuit has been implemented to further liberate gold and copper from the pyrite concentrate before leaching, enhancing overall recovery and reducing reagent consumption.

Market makers always seem to level the enthusiasm of significant news. But eventually they square their books and the price responds properly.

Red Setter looks like is a big Breccia for sure.

Red Setter looks like is a big Breccia for sure.

Googled what Telfer and Breccia is like and this WSBN RNS looks very positive for now. One thing looking at the WSBN's news releases on Red Setter, this is looking like its a big structure.

I pulled this off Google just now. AI overview:

Telfer -

Breccia is a significant feature at the Telfer gold-copper mine in Western Australia, specifically within the Telfer Dome area. The gold and copper mineralization at Telfer is associated with various geological structures, including breccia zones, stockwork and sheeted veining, and stratabound reefs. The breccia at Telfer is part of a larger geological setting that includes folded sedimentary rocks and intrusive rocks like dolerite dykes.

Here's a more detailed breakdown:

Telfer Dome:

The Telfer Mine is located within the Telfer Dome, which is defined by two en-echelon, doubly plunging anticlines: the Main Dome and the West Dome.

Mineralization:

Gold and copper mineralization occurs in a series of vertically stacked, stratabound to stratiform reefs, linked by zones of intense stockwork and sheeted veining. Breccia zones are also important locations for mineralization.

Geological Setting:

The Telfer deposit is hosted in Neoproterozoic marine sedimentary rocks, specifically within the Telfer and Malu Formations. These formations include sandstones, siltstones, and carbonaceous layers.

Breccia Types:

The breccia at Telfer includes both unmineralized crackle breccia and mineralized cemented breccias. The highest-grade breccia is often found on the margins of the Breccia Pipe, forming the South East (SE) Crescent Zone.

Hydrothermal Activity:

The breccia formation is linked to hydrothermal activity, with the breccia often cemented by minerals like quartz, calcite, and sulfides. The presence of altered fragments and hydrothermal infill minerals (like quartz, calcite, or sulfides) are indicators of hydrothermal breccia formation, according to a YouTube video about identifying hydrothermal breccia.

Intrusions:

The Breccia Pipe is intruded by a dolerite dyke, which is a post-mineralization feature.

Exploration:

The exploration at the nearby Red Setter Gold Project, located south of Telfer, has also intersected significant breccia with sulfides.

This says Wishbone have Red Setter tenement. and it's active

Drilling 550 metres of hole deepening with diamond drilling is only about Australian $200 per metre I can see on google. That's not a lot of money. In £ terms that's only about £60k. Add some extra for other things and It looks like a £100k maybe. There are plenty of drill rigs up Telfer way.

Incredible for WSBN watchers

Hi NASA1. Can you please point me to all of those gold intercepts. Which RNSs please. They are good grades and I can’t seem to track them all down. It’s important. Thanks.

Good to see the changes happening. WSBN now have control of their assets again and they can get on with getting on. Ed is also a good move. Maybe he being line dup for higher role at WSBN.

That's not true. The discovery well at the Gatwick Gusher must have done over 200,000 barrels of oil from by now what I read on 28 March 2023 RNS from UKOG saying 185,000 barrels of oil by then and it's still producing from what I read. Just pointing out a fact check and false comments.

They not even at target yet. This is just the sideshow onto of the target. But pretty exciting IMHO.

After lunch rally will push this through 0.1p IMHO

This looks like it has a lot of legs. I see a lot of really positive news coming out next week and the week after. 0.1p will be history soon. If this oil hit and the main target below come sin, we could see UKOG through 0.3p. Why not.