Member Info for news

WISHBONE RED SETTER:

Per the 13.12.22 WSBN RNS, it was said that after drilling 11 holes at Red Setter and EVERYONE of them hit mineralisation, there is a hydrothermal system there. The GRADES have similarities to the Paterson type grades. __From these 11 HOLES, they have ALREADY TESTED the MAGNETICS, GEOPHYSICS of the MODELLING vs 11 HOLES and how accurate.______CURRENT DRILLING TO DEEPEN THE 2 HOLES FROM 300M TO 550M means the MAGNETICS etc [technical data] would FOLLOW the same PROCEDURE.___________MY EXPECTATION: The results should, IF the MAGNETICS, Geophysics is REPEATED, should be similar to what Antipa just released in June 2025 of the Minyari Dome, Paterson, W.Australia? Thur, 31 July 2025. DYOR.

Now, that the SATELLITE pic is out on Twitter and mentioned on this forum of WSBN 's Red Setter, Paterson, W.Australia , I now mentioned that it was NOT NORMAL that there were so many CORE vehicles in the pic of 29.7.25 [esp since they were bed trucks ie carrying out or carrying in drill rods or taking out cores etc.] One of the pictures stating and MARKED: "CORE PROCESSING." After core processing, have they been sent to the LAB?

Someone with better ENLARGEMENT facilities should look at the TWO CORE SERVICES BED TRUCKS picture on both sides. I am not sure if they are CORES or more like DRILL RODS?

"Great Weather for DRILLING at Red Setter today. @RPoulden @edward mead #WSBN #GOLD."- WSBN, 29 July 2025 at 2:15pm. THE PICTURE IS MARKED: "Red Setter, 29 July 2025, 13:35. LEFT side of bottom pic: "DRILLING PAD." In the pic: "VAN with C O R E across the back of vehicle." I cant make out what the two TRUCKS on each side are ie CORES?. Not sure if the chap with the CORE TRAY etc as earlier is now gone as cant see beyond the CORE truck.

Genuine answer to genuine question: Both SP Angel initiation note and Master Investors state from FACTUAL Geological data that Red Setter has "SIMILARITIES with TELFER". On 13.12.22, 11 holes were drilled and the RNS & Poulden, Chairman said that "ALL HOLES HIT MINERALISATION." Because the current DRILL at Red Setter is NOT NEW but just to DEEPEN the hole from 300m to 550m, there may be extention of MINERALISATION beyond 300m. To know before the DRILL DEEPENING is to have END OF HOLE TESTING. At Telfer it is a DEEPER structure but Master Investors said Red Setter is "SHALLOWER". Many exploration co's drill to 300 m and then 550m because it is CLASSIFIED AS SURFACE. IF successful, then the DEEPER STILL TARGET could be drilled to some 1,200m as the next target . SO, GENUINE ANSWER IS THAT THE 3D MODELLING done BEFORE THE 13.12.22 DRILL OF 11 HOLES would have T E S T E D the 3D MODELLING & MAGNETICS -Geophysics. So, ACTUAL DRILL OF SAID 11 HOLES at 13.12.22 VS 3D MODELLING = GEOPHYSICS correct and how correct. From the 11 holes per RNS, 13.12.22, I matched them to ANTIPA'S MINYARI DOME and they are in that sort of same PATERSON TYPE MINERALISATION grades etc. DYOR. Stock Mkt closed now at 5pm, Tues, 29.7.25

Forgot to MENTION that the WSBN Red Setter 29.7.25 @11:00 mark stated: "CORE PROCESSING" at bottom left corner. There is a core tray, staff holding part of a CORE [not broken pieces] and another core on TOP of the barrel. Forgot to mention , part of the processing procedure is to DO XRF testing and Geo also to examine them. Why? BEFORE THEY ARE SENT TO THE LAB for assay results, they need XRF at site to ____CHECK___against the LAB assay results later on. But a/c to the rules, ONLY COPPER can be XRF, NOT GOLD as they has to be assayed. BUT IN VISUALS, they can describes in an RNS for example if there is "visible gold" from recall of other RNS's from other co's.

I enlarged the pic and see PART OF A CORE also ON TOP OF THE BLUE BARREL near the CORE tray. 29.7.25. I see papers underneath the core on top of the blue barrel as well.

Opened the picture from WSBN , 56 mins ago: On the bottom right hand corner as said it is MARKED: 29 July 2025 at around the 11:00 mark & "Red Setter."

On the BOTTOM LEFT HAND SIDE it states: " C O R E P R O C E S S I N G ." So, this photo is REAL-TIME ie today's.

WSBN 3RD PICTURE today, Tues, 29 July 2025: The chap is HOLDING a CORE and looks like a CORE TRAY. [56 mins ago]. The pic is dated TODAY at 11:03 from Red Setter, Paterson, W.A. What they do is to use "special eye glass" to examine the core bits in the tray.

Yes, reaction, the WATER TABLE is "nearer" surface from the recall of the WSBN RNS you mentioned. It is positive that there is water and it is NOT deep down to extract etc. In South America [some parts], they pump water from the sea & then desalinate the sea water. Water is vital for drilling.

As I posted, that on 21 July 2025, the picture from WSBN was MARKED: "SURVEY" on left hand bottom corner. WSBN today has CONFIRMED today, 2 hrs ago, Tues, 29 July 2025 [PIC DATED 25 JULY 2025] that "Driller at WSBN Red Setter Gold Dome taking D O W N H O L E SURVEY to make sure the drill direction is correct. This is per the procedure.

2nd picture by WSBN on Twitter, 2 hrs ago, Tues, 29 July 2025 stated: " Sucking WATER from under the dusty TELFER desert for the RED SETTER DIAMOND DRILLING." This picture is dated 28 July 2025, M O N D A Y @ 14: 33 [as I said , all pictures are around the 2pm time].

Comment: As WSBN has explained and it is common knowledge that DRILLING needs WATER. If the drilling has ENDED, then by convention, an RNS is needed to inform the market that DRILLING has ENDED and potentially, VISUALS & or pic of core/s. DYOR.

Typo: It T A K E S time for the geological team to evaluate and then RNS. Other typos as well. Sorry long day.

From the two pictures shows of Red Setter, the TIME is stamped or marked at the 2pm/ish hour. Need to change that to Perth time in W.Australia.

From the drills I have followed: AN RNS will be needed ONCE DRILLING ENDS, then visuals or CORE show via a picture ant THAT CORES SENT TO LAB.

So, usually, it take time for the TECHNICAL TEAM to evaluate. We can BUZZ DL , Poulden and WSBN and ask. Mon, 28 July 2025. On 21 July 2025, a pic of Red Setter was released with "BLUE SKIES, DRILLING PROGESSING" = no issues or an RNS must be issued. All standard practice.

On Mon, 21 July 2025, Wishbone Gold via DL on Twitter posted a picture of DRILLERS on site and drill is to 550m and noted on the pic. NOTE the MARKING DATE OF THE PIC ie S A T U R D A Y , 19 July 2025 14:26:46 at the BOTTOM RIGHT HAND SIDE.

On Fri, 25 July 2025, Wishbone posted another PICTURE "BLUE SKIES, DRILLING PROGRESSING AT RED SETTER." It is MARKED bottom right: "RED SETTER 25 JULY 2025 14:08:30." BUT N O T I C E at the bottom LEFT HAND SIDE OF PIC, it is MARKED " S U R V E Y." Survey is taken to mean "geological survey". INTERESTING EH. On Fri, 25 July 2025, it is nearly the target or reached, not sure?

TIME is Sat, 26 July 2025. I posted at Fri, 25 July 2025 at 10PM, stock market closed ie NO SELLING & NO BUYING.

NOTHING MORE TO as you postulate . Monday the target depth should be REACHED given that there a wide difference in Time Zone.

On Monday, there is NO more point BUYING. Why? EVERYONE HAS TAKEN THEIR DECISIONS. Just like GGP, I am waiting it out.

Same as during days of GGP. Why not mention GGP as it is even nearer to Telfer than GGP's Havieron which is 45km away.

WSBN RNS [all state include broker notes of SP Angel for WSBN and the same geological structure etc as Telfer. ].

Why all the hot and bother? Stock |Market closed and NO ONE will make any difference now ie what they say. BUT it is important to see what each says. LoL. I know your view. LoL - its going to be a long haul and to trade as you attempt to postulate, it is TOO LATE NOW, everyone has decided and many have sold. I am NOT a big player and that is because pre-drill is to take a position based on one's evaluation. I HAVE IT TIME-STAMPED & DATED ON TWITTER and will post once results come out as to what was stated of the technicals of Red Setter. Ta Ta. Nothing more to say. Sat, 26.7.25 I am aware from reading this forum , you dont appear to appreciate everyone has a say BEFORE RESULTS due.

P.S. I have 1 FURTHER point to add as it answers the last part of your comment. When I posted it was nearly 10pm, FRI, 25 JULY 2025 when the STOCK MARKET CLOSED AT 4.30pm. So, for CLARITY, EVERYONE HAS ALREADY DECIDED WHAT TO DO ie they sold, or are sitting out or holding. If they hold, they have a better price and that surely is not wrong. Why? It is the technical view. But to POST, shows that PRACTICE is good and one cant say on Monday coming, I meant to say. LoL. Sat, 26 July 2025. [SO, MY VIEW IS POSTED]. This is like the old days at GREATLAND and if you were there at the time of PRE-DRILL OF HAVIERON, you would know inc GREATLAND ONLY DRILLED AROUND 5 HOLES FOR PHASE 1 and the industry rang Gervaise Heddle to congratulate him. No, Greatland never drilled 100 holes or JORC and so forth. They drilled a 2nd round of also around the same no of hole as the 1st phase and never drill more as Newcrest came in to JV . But the later holes were not as good as HOLE 5, Havieron but it was a deep depth hole.

I have already adjusted like I did at the PRE-DRILL OF HAVIERON, Greatland, 45km from Telfer. Short answers means that the view is NOT upheld by any technicals. I have just done a through forward on RED SETTER and will publish on Twitter given that results will be around Monday [this coming Mon]. Since it is already JUST time-stamped by Twitter and dated, that will be the forward thesis based on the technicals thus far. No need to discuss further with your good self as your view is well expressed. Sat, 26 July 2025.

Answer: NO. It is IMPOSSIBLE for the share price to have fallen as postulated by the gent below. Why? In drills, there is a lot of forum talk and most common will to treat it as IF, exploration is back to the dinosaur age where GEOPHYSICS was not available etc. Today, it is more advanced with deep sensing etc. Case in point, Solgold at Cascabel. BEFORE the drill, Dr Rohlach who did his PhD at Bukit Tujuh, a Tier 1 copper and gold deposit did a detailed modelling. As they drilled, as norm , they match it to the MODELLING of the Geophysics 101.

Why did the share price FALL? As with GGP, it was just as volatile but when the RESULTS came out, it was a different matter and the rest is history. Yes, either stop losses are taken out or folks SOLD and share price fell. But towards the END of FRI, 25.7.25 THE SHARE PRICE PICKED UP and the spread was very narrow and the MM kept offering more from 0.36p which was posted by others as well.

It is "LARGELY KNOWN" as late Fri , 25.7.25 due to the no of days drilling and WISHBONE GOLD tweeted: "BLUE SKIES -DRILLING PROGRESSING AT RED SETTER." Note the tweet is time stamped by X at 1:22pm. DL later re-tweeted it and sent it to EDWARD MEAD, Geologist.

On the other WSBN forum, there is a poster called socionomics who posted at 3:47, Fri, 26 July 2025 : "... they are ACTIVELY drilling as speak, an AN A R E A

GGP could only D R E A M of.." Yes, that is because of the previous 11 hole drill results at Red Setter which Poulden, Chairman of WSBN said : "shows SIMILARITIES TO TELFER- EVERY HOLE DRILLED so far has returned MINERALISING CORE indicating a broad HYDOTHERMAL SYSTEM that has SIMILARITIES to TELFER [15moz]." [Ref: WSBN RNS, 13 Dec 2022].

There is NOTHING now to go through ie pick on further as the RNS of VISUALS OR PIC/S OF THE CORE is anticipated shortly. So, posting for HISTORY and the final result will be the RNS to come as norm. With thanks. Sat, 26.7.25 @12:40am. DYOR. The mkt is closed and there is NO TRADING, hence posting given the RNS is awaited .

The RESULTS of the current DRILL at Red Setter, Paterson, Western Australia are ALREADY "LARGELY" known. Why? From 300m to 550m is about 250m to drill further down. I recall other co's also drill and reaches ALMOST TARGET area on the weekend. So, as the DRILL goes closer to the target area, the CORES are seen. The drillers are the best in Paterson given they are the DRILLERS for Newcrest and therefore experienced in that part of W.A.

I have NOT seen ANY of the Greatland investors here PRIOR to their drill at Havieron except Dibs. I wonder why given that for WSBN, there was already a 11 hole drill as said within this thread. Poulden said in the said RNS that "MINERALISATION SIMILAR TO TELFER & returned MINERALISED CORE indicating a HYDROTHERMAL system." So, we await the visuals or pictures of the core if any. Fri, 25 July 2025 @11:40pm. DYOR.

WSBN Red Setter, Paterson, W.Australia was DRILLED to a depth of 300m via RNS, 13 Dec 2022. Poulden, Chairman of WSBN, 13 Dec 2022 RNS: "Mineralisation shows SIMILARITIES to the TELFER system 13 KM to the N.E of the prospect. We are extremely happy to have H I T a MINERALISED

SYSTEM at Red Setter. Current STRIKE 2km. Every hole drilled so far has returned MINERALISED CORE indicating a B R O A D HYDROTHEMAS SYSTEM that has similarities to the 15moz TELFER GOLD SYSTEM 13km to the N.E. Announce Airborne Mobile MT Geophysical survey is underway. the survey looks for sulphide ENRICHMENT & will ASSSIST with TARGET refinement for further drilling as we look to pinpoint the core of the system.__ These __INITIAL 2 PRIORITY TARGET AREAS -- w e r e -- f i r s t -- d r i l l e d - b a s e d - on- MAGNETIC DATA & then refined on info gained from - GROUND GRAVITY SURVEY with geochemical targets yet to be assessed. Gold RESULTS were received for FIRST 11 DRILL HOLES with preliminary XRF results for COPPER. THE EXTENSIVE ZONES OF MINERALISATION.."

So, the current DRILL is to TEST DEEPER to 500m vs 300m 1st time. Per the Mining Journal of Masters Investors which I cited on this forum a few days ago, the Red Setter [WSBN] project is MORE SHALLOW than TELFER but as SP Angel said in their initiation note, the depth can go to 2km. In addition, the STRIKE IS NOW 3KM, not 2KM as reported in 2022. ------------SO, GEOPHYSICS HAS ALREADY BEEN PROVEN FROM THE MODELLING ISNT IT? Gold has to be assayed and for copper [cu], XRF is allowed for initial observation like the last time. THE STOCK MKT IS CLOSED on Fri, 25.7.25 at 9:40pm. Results should be shortly ie CORES or VISUALS as is norm? In short, NOT a blind drill or what they call wild catting, hence the WSBN RNS above of the results for 11 holes.