RE: Expert Geophysics - wish one about to shock the market3 Sep 2025 23:22
Wishbone Gold Plc About To Shock the Market"
https://lnkd.in/gS-46UkP
Before drilling commenced this year at Red Setter, the team conducted several geophysical surveys over the covered area - including magnetics, gravity, induced polarization (IP), resistivity, and notably the latest #MobileMT. The airborne EM survey revealed a prominent dome target in depth, which became a critical guide for the exploration campaign. At that time, two years ago, after Expert Geophysics Surveys Inc.'s #MobileMT data interpretation (which was revealed in 2024 with the permission of Wishbone: https://lnkd.in/gAig8CRc), the Wishbone Gold PLC chairman Richard Poulden said (in 2023): "The results are hugely positive. To me, it's an extraordinary statement from Expert Geophysics that this is another potential of the largest mines in WA": https://lnkd.in/gqwburX6
The displayed dome structure was interpreted as a potential hydrothermal “feeder system.” It closely aligned with geological expectations and precedents from nearby major deposits such as Telfer.
In 2025, drilling results: Breccia Pipe Discovery! https://lnkd.in/eC-rAVKK
https://lnkd.in/ejPUHQi3
The initial drill hole delivered a breakthrough: a 152 m breccia pipe from ~570 m to 722 m, with veining and sulphides persisting to the end of the hole. The presence of sulphide minerals, including chalcopyrite, points to strong copper potential. This discovery underscores the success of #MobileMT geophysics, confirming its effectiveness in targeting covered geological structures with the potential to host mineralization.
With this initial success, the team is now executing step‑out drilling to explore potential extensions of the breccia pipe.
Meanwhile, Wishbone Gold Plc raised £1.5 million (~A$3.1 million) to fund the next phase https://lnkd.in/enS6__AJ, and assays are on the way from Perth.
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