Member Info for Positivevibes

highlights strongly magnetic drilling targets at depth.

Highlights:

· Two main targets have been highlighted, with both showing very strong magnetic responses, which are being interpreted as magnetite alteration - an important feature associated with many porphyry copper deposits.

· The targets commence approximately 500 m below surface.

· The larger target is 1.5 km long, 700 m wide and occurs between 400 m and 1.3 km deep and remains open beyond that depth.

· The smaller target is 900 m long, 250 m wide and occurs between 600 m and at least 1 km deep.

· Historical diamond drilling from 1972, directly above the targets, intersected typical porphyry grades including 88 m @ 0.23% Cu and 75 m @ 0.13% Cu, with most holes ending in copper mineralisation. Peak values from core sampling were 3.77% Cu and 1.8 g/t Au.

· Alteration identified in core is primarily sericite/pyrite (+/- silica) phyllic alteration, suggesting that the current surface is at the upper-mid levels of a copper/gold porphyry system.

· Sulphides in core range from 3-15% pyrite, with associated chalcopyrite. Fluids are recorded in geological logs as being focussed within porphyritic intrusions and breccias.

· Rockfire is preparing for drilling initially at the Copperhead porphyry copper project and intends to drill these new magnetic anomalies at Copper Dome also during this field season.

An image showing the two strongly magnetic features at Copper Dome and historical drilling can be viewed by following the link provided. http://www.rns-pdf.londonstockexchange.com/rns/0421Z_1-2021-5-18.pdf

David Price, Chief Executive Officer of Rockfire, comments:

"This 3D modelling has produced images of two very high-intensity magnetic responses beneath the dome. Both targets deepen towards the south, suggesting that the source may lie to the south. The closest they come to the surface is around 500 m depth, but historical drilling has hit copper much closer to surface.

"After nearly 50 years with no significant exploration at Copper Dome, Rockfire is planning to drill these new targets. With confirmed copper and gold close to surface directly above the targets and well-defined high magnetic targets at depth, these factors bode well for discovery.

"Rockfire is preparing for drilling at Copperhead initially and drilling at Copper Dome is also planned. The Company will provide the market with regular updates on our progress as we work towards the start of drilling at our porphyry projects."

Got my first 5 but will try build up to 20k while at this laughable valuation - placing shares doing us the favour of a good entry just like a CMRS

You reckon results from the copper dome will out us at 16mil Mcap?

I believe there's potiencial in the copper to double that and more.

With a fully drilling campaign about to start shortly with copper magnetic anomalies that size + gold

8mil Mcap seems absolutely tiny

8p would be 160mil Mcap

After 300$ + funding within weeks

To produce 320mil per year at 1700

+ Hawiah

8p would still be cheap

highlights strongly magnetic drilling targets at depth.

Highlights:

· Two main targets have been highlighted, with both showing very strong magnetic responses, which are being interpreted as magnetite alteration - an important feature associated with many porphyry copper deposits.



· The targets commence approximately 500 m below surface.



· The larger target is 1.5 km long, 700 m wide and occurs between 400 m and 1.3 km deep and remains open beyond that depth.



· The smaller target is 900 m long, 250 m wide and occurs between 600 m and at least 1 km deep.



· Historical diamond drilling from 1972, directly above the targets, intersected typical porphyry grades including 88 m @ 0.23% Cu and 75 m @ 0.13% Cu, with most holes ending in copper mineralisation. Peak values from core sampling were 3.77% Cu and 1.8 g/t Au.



· Alteration identified in core is primarily sericite/pyrite (+/- silica) phyllic alteration, suggesting that the current surface is at the upper-mid levels of a copper/gold porphyry system.



· Sulphides in core range from 3-15% pyrite, with associated chalcopyrite. Fluids are recorded in geological logs as being focussed within porphyritic intrusions and breccias.



· Rockfire is preparing for drilling initially at the Copperhead porphyry copper project and intends to drill these new magnetic anomalies at Copper Dome also during this field season.



An image showing the two strongly magnetic features at Copper Dome and historical drilling can be viewed by following the link provided. http://www.rns-pdf.londonstockexchange.com/rns/0421Z_1-2021-5-18.pdf



David Price, Chief Executive Officer of Rockfire, comments:

"This 3D modelling has produced images of two very high-intensity magnetic responses beneath the dome. Both targets deepen towards the south, suggesting that the source may lie to the south. The closest they come to the surface is around 500 m depth, but historical drilling has hit copper much closer to surface.

"After nearly 50 years with no significant exploration at Copper Dome, Rockfire is planning to drill these new targets. With confirmed copper and gold close to surface directly above the targets and well-defined high magnetic targets at depth, these factors bode well for discovery.

"Rockfire is preparing for drilling at Copperhead initially and drilling at Copper Dome is also planned. The Company will provide the market with regular updates on our progress as we work towards the start of drilling at our porphyry projects."

Undervalued stock

https://www.***************************/kefi-gold-and-copper-should-be-a-300m-company-interview/412998543. Countdown to recieving over 300$

To produce 320mil per annum at 1700$ for years

8p is 160mil Mcap - after 300$ mil funding that would be cheap

Excluding hawiah - that will be funded to production around the time TK starts producing

8p+ on full funding - and more each Christmas afterwards

In 2023 what's the Mcap of company with 300mil+ revenues annually? When hawiah is coming online at the same time

Use a calculator instead of "I think so"

https://twitter.com/CaerusMineral/status/1400710398689566721?s=19

Investing is asking what does the future of this company look like?

Wishbone had the previous assets developing before they acquired red setter

Red setter mag survey could have brought back bad results - https://youtu.be/r6NQrU7IDn4
They brought back a multiple magnetic anomalies - target A being larger than Havieron

The highest priority magnetic bodies within Red Setter (Referred to as Targets A, B and C in Figure 1) cover an expanded area of 3.5 km in strike length and 1 km in width. The highest order Target A occurs over a strike length of 1500m with a width of 400m and occurs within 50-75m of surface. Results of this modelling shows several north plunging magnetic bodies within this anomaly of equivalent susceptibility (possibly pyrrhotite alteration) to that evident at both Newcrest Mining and Greatland Gold's Havieron and RioTinto's Winu discoveries.

Then acquired cottesloe at a premium at he time - with alread excellent grades over a 12km strike length - Mineralisation trends interpreted to be over a 12km strike

· Rock chip geochemical sampling results reported up to 298g/t Ag

· Multiple significant drilling results including:

o SCR225: 5m at 102g/t Ag from 14m

§ Including: 2m at 165g/t Ag

o SCR247: 2m at 73g/t Ag & 4.6% Pb from 8m

o EWP-2: 22m at 42.7g/t Ag from 8m

§ Including 8m at 72.13g/t Ag from 22m

o EWP-3: 18m at 29.3g/t Ag from 6m

o EWP-7: 20m at 35.9g/t Ag from 2m

§ Including 2m at 100g/t Ag from 8m & 4m at 69g/t Ag from 16m

o EWP-11: 4m at 41.25g/t Ag from 14m & 10m at 41.6 g/t Ag from 24m

o EWP-12: 8m at 58.37g/t Ag from 20m

o EWP-24: 8m at 54.87g/t Ag from 40m

Both assets being worked out of Newcrests telfer mine - meaning we know WSBN and Newcrest are talking - Terra search have a good relationship with Newcrest, worked extensively on Telfer and Havieron and are very excited about red setter and it's similar geology.

We also know Telfer are interested in M & A opportunities, and have the processing power at Telfer to take on red setter. https://bmo.qumucloud.com/view/2021-gmm-newcrestmining#/ 11- 16mins in

https://m.youtube.com/watch?v=gsDWVjRKIUY&feature=youtu.be#dialog

Now funded with around 5 million in cash - the future looks like concurrent drilling campaigns due to start shortly ( more cash released when we close about ve 20p for 5 days ) - while both assets are still 100% owned

Success at either will identify a large asset valued in the billions ( GGP retained 30% shortly to turn to 25% ) - with the FTSE gold chairman on the board - if it's not Newcrest, we're surrounded by alot of other majors - ie Rio tinto -

The future of WSBN looks like success at either or both - adding significant value to WSBNs and partnering with one of the surrounding majors - exactly what took GGP from 0.75 ( equivalent Mcap ) to where it is today 800mil+ ( and expected to resume it's rise with heavy news flow shortly.)

Wishbone Gold Plc today announces that its initial Program of Works ("POW") for its Cottesloe Silver Project has been approved by the Western Australian Government's Department of Mines, Industry Regulation and Safety ("DMIRS"). This POW provides for the drilling of 20 reverse circulation drill holes to depths of 250 metres that are designed to test for potential precious and base metals mineralisation on multiple targets previous identified from historic exploration.

Richard Poulden, Wishbone Gold's Chairman, commented,



"We see the potential for Cottesloe to host both precious metals and base metals based on historic exploration work. As Cottesloe is very close to Red Setter, the Company's exploration consultants Terra Search will run Cottesloe's exploration concurrently with our work at Red Setter and service the exploration efforts from the Telfer based camp."


The Cottesloe Project:


· Mineralisation trends interpreted to be over a 12km strike

· Rock chip geochemical sampling results reported up to 298g/t Ag

· Multiple significant drilling results including:

o SCR225: 5m at 102g/t Ag from 14m

§ Including: 2m at 165g/t Ag

o SCR247: 2m at 73g/t Ag & 4.6% Pb from 8m

o EWP-2: 22m at 42.7g/t Ag from 8m

§ Including 8m at 72.13g/t Ag from 22m

o EWP-3: 18m at 29.3g/t Ag from 6m

o EWP-7: 20m at 35.9g/t Ag from 2m

§ Including 2m at 100g/t Ag from 8m & 4m at 69g/t Ag from 16m

o EWP-11: 4m at 41.25g/t Ag from 14m & 10m at 41.6 g/t Ag from 24m

o EWP-12: 8m at 58.37g/t Ag from 20m

o EWP-24: 8m at 54.87g/t Ag from 40m

Cottesloe with already fantastic grades, red setter larger than Havieron - both being worked out of Newcrests telfer mine

+ White mountains + halo ( in the middle of two major mines, solely run by Terra search ) - 5mil cash and fully funded for all 2021 operations - more cash released when we close above 20p for 5 days

https://youtu.be/r6NQrU7IDn4 WSBN latest on red setter - better than expected

https://youtu.be/5cXpny_0T1Q - from Richards mouth that red setter target A is bigger than Havieron and the Terra search are excited about the similar geology

https://bmo.qumucloud.com/view/2021-gmm-newcrestmining#/ 11- 16mins - Newcrest has enough room to process more at Telfer as it depletes

https://m.youtube.com/watch?v=gsDWVjRKIUY&feature=youtu.be#dialog Newcrest open to more assets in the Paterson ranges

Simon Beams, the Managing Director and Principal Geologist of Terra Search, commented, "The detailed magnetic survey substantially expands and enhances Red Setter. There are some very promising indications of a large hydrothermal system, with similarities to the new Havieron gold/copper discovery in the area. The previous drilling on the main 1.5km long target intersected similar alteration, and the right pathfinder metal indicators, peripheral to the main target. We now have multiple untested high-order magnetic targets across the entire prospect."



Terra Search, Wishbone's prime Australian exploration consultants, who have considerable exploration experience in the nearby Havieron gold discovery, have concluded a technical review on the Red Setter Project's ultra-detailed airborne magnetic survey conducted by MAGSPEC Airborne Surveys Pty Ltd and the processing and interpretation work conducted by Value Adding Resources (VAR), and report as follows:

The Red Setter Project is situated on the 57.4km2 wholly owned Exploration Licence EL45/5297 and is located 13 km south-west of Newcrest Mining's Telfer Gold-Copper Mine and 60 km west of Newcrest and Greatland Gold's Havieron discovery (Refer Figure 8).

MAGSPEC Airborne Surveys Pty Ltd recently completed a high resolution and ultra-detailed airborne magnetic survey across the entire Red Setter Project. The survey was completed on 100m line spacing and covered a total of 666 line-kilometres.

Processing of the significantly high-resolution magnetic datasets (Refer Figure 2), by VAR, has revealed that the magnetic bodies occur much closer to surface relative to their previous reported 150m-250m depth that was modelled on the wider spaced regional magnetic datasets. The relatively shallower target depth is strongly advantageous both from an exploration and future development potential perspective.

The highest priority magnetic bodies within Red Setter (Referred to as Targets A, B and C in Figure 1) cover an expanded area of 3.5 km in strike length and 1 km in width. The highest order Target A occurs over a strike length of 1500m with a width of 400m and occurs within 50-75m of surface. Results of this modelling shows several north plunging magnetic bodies within this anomaly of equivalent susceptibility (possibly pyrrhotite alteration) to that evident at both Newcrest Mining and Greatland Gold's Havieron and RioTinto's Winu discoveries.

We have a larger target than Havieron
A second asset as does GGP
Fully funded for drill campaigns at both
Both working from Newcrests telfer mine - meaning we are on talking terms with Newcrest

With already fantastic grades at cottesloe what do you think the chances of success are there?
And at red setter not only because of the 13km proximity to Telfer, but the similar geology already understood by Terra Search

"We see the potential for Cottesloe to host both precious metals and base metals based on historic exploration work. As Cottesloe is very close to Red Setter, the Company's exploration consultants Terra Search will run Cottesloe's exploration concurrently with our work at Red Setter and service the exploration efforts from the Telfer based camp."



The Cottesloe Project:



As previously reported on 3 March 2021, the Cottesloe Project is located around 55 km south of Newcrest Mining's Telfer Gold Mine and about 35 km south-east of Wishbone's Red Setter Project in the Patersons Range province of Western Australia. Cottesloe consists of one granted exploration license E45/4543 and is considered highly prospective for precious and base metals.



Historic Exploration Highlights:



· Mineralisation trends interpreted to be over a 12km strike

· Rock chip geochemical sampling results reported up to 298g/t Ag

· Multiple significant drilling results including:

o SCR225: 5m at 102g/t Ag from 14m

§ Including: 2m at 165g/t Ag

o SCR247: 2m at 73g/t Ag & 4.6% Pb from 8m

o EWP-2: 22m at 42.7g/t Ag from 8m

§ Including 8m at 72.13g/t Ag from 22m

o EWP-3: 18m at 29.3g/t Ag from 6m

o EWP-7: 20m at 35.9g/t Ag from 2m

§ Including 2m at 100g/t Ag from 8m & 4m at 69g/t Ag from 16m

o EWP-11: 4m at 41.25g/t Ag from 14m & 10m at 41.6 g/t Ag from 24m

o EWP-12: 8m at 58.37g/t Ag from 20m

o EWP-24: 8m at 54.87g/t Ag from 40m

What's the likelihood of success with grades like that? Success at red setter 13kms away from 27mil Oz Telfer - in the Paterson ranges - both being worked from Newcrests mine - were in discussion and any success will lead to JV just like GGP when they was sub 1p - currently both 100% owned - what does the future of WSBN look like?

https://www.newcrest.com/our-assets/telfer

GROWTH OPPORTUNITIES

Telfer’s near mine environment contains a number of exploration targets with the potential to deliver new growth with a number of other prospective gold and poly-metallic deposits in the area covered by Newcrest’s existing mining and exploration tenements.

Wishbone has worked with Terra Search for many years on all its Australian assets. In this particular region Terra Search have worked on nearby projects with Newcrest Mining on the Telfer project and also with Geatland Gold on the Havieron project. They thus bring a high level of regional knowledge to the work on Red Setter in addition to their overall exploration expertise.

Our geologists, Terra Search, have excellent relations in the area having worked for both Newcrest and Geatland Gold. Accordingly, the exploration will be based out of the Terra Search camp at Newcrest's Telfer mine some 13km from Red Setter.

"We see the potential for Cottesloe to host both precious metals and base metals based on historic exploration work. As Cottesloe is very close to Red Setter, the Company's exploration consultants Terra Search will run Cottesloe's exploration concurrently with our work at Red Setter and service the exploration efforts from the Telfer based camp."

https://youtu.be/5cXpny_0T1Q

It's an older video but great to hear from the directors mouth that red setter is bigger than Havieron - and that the geologists ( Terra search ) are really excited about it - with already over avarage grades at cottesloe - it's easy to see that success at either will lead to the JV with Newcrest

What do you think are chances of success are at cottesloe with grades like that?

· Mineralisation trends interpreted to be over a 12km strike

· Rock chip geochemical sampling results reported up to 298g/t Ag

· Multiple significant drilling results including:

o SCR225: 5m at 102g/t Ag from 14m

§ Including: 2m at 165g/t Ag

o SCR247: 2m at 73g/t Ag & 4.6% Pb from 8m

o EWP-2: 22m at 42.7g/t Ag from 8m

§ Including 8m at 72.13g/t Ag from 22m

o EWP-3: 18m at 29.3g/t Ag from 6m

o EWP-7: 20m at 35.9g/t Ag from 2m

§ Including 2m at 100g/t Ag from 8m & 4m at 69g/t Ag from 16m

o EWP-11: 4m at 41.25g/t Ag from 14m & 10m at 41.6 g/t Ag from 24m

o EWP-12: 8m at 58.37g/t Ag from 20m

o EWP-24: 8m at 54.87g/t Ag from 40m

Both red setter and cottesloe being operated out of Newcrests telfer mine - That means we Know Newcrest and WSBN are at the same table - Success at either is highly likely

https://bmo.qumucloud.com/view/2021-gmm-newcrestmining#/ 11-16 minutes in -.
https://youtu.be/gsDWVjRKIUY

Have a lovely weekend everyone

Look on GGPs website at the surroundings of Paterson ranges - red setter is surrounded by purely copper/gold mines - majority copper

What does the future of WSBN look like, with both assets being worked from Telfer?

A tier 1 sized magnetic body on the doorstep of the largest copper/gold mine in Australia, that were working out of - is likely very similar to Telfer ( similar geology explained in red after RNS ) Havieron raw material will be processed at Telfer - red setter is closer and shallower - similar to Rio tintos winu discovery 42 Kms north west

bit.ly/3fr0BZo 11-16 minutes in -

+ https://m.youtube.com/watch?v=gsDWVjRKIUY&feature=youtu.be#dialog

Success will find a larger Havieron with the same JV partner

GGPs Havieron is 450 x 350 x 600 = 94,500,000

WSBNs is 57kms away and red setter target A is 1500 x 400 x 150 = 90,000,000
1500 x 400 x 300 = 180,000,000

The highest priority magnetic bodies within Red Setter (Referred to as Targets A, B and C in Figure 1) cover an expanded area of 3.5 km in strike length and 1 km in width. The highest order Target A occurs over a strike length of 1500m with a width of 400m and occurs within 50-75m of surface. Results of this modelling shows several north plunging magnetic bodies within this anomaly of equivalent susceptibility (possibly pyrrhotite alteration) to that evident at both Newcrest Mining and Greatland Gold's Havieron and RioTinto's Winu discoveries.

13kms away from the largest gold/copper mine in Australia - Newcrest owned who we share our boarder with - "Our geologists, Terra Search, have excellent relations in the area having worked for both Newcrest and Geatland Gold. Accordingly, the exploration will be based out of the Terra Search camp at Newcrest's Telfer mine some 13km from Red Setter."

Havieron 30% GGP ( 800mil Mcap) 70% Newcrest
Red setter currently 100% WSBNs (30mil Mcap)

While currently 100% owned - success at red setter will be valued in the billions and identify a similar targer to Havieron - and while working out of Newcrests mine - will leed to a JV with them as did GGP

+
https://www.lse.co.uk/rns/WSBN/dr-simon-beams-to-present-wishbones-halo-project-ps42f7ytk19as5a.html

Cottesloe Project Highlights:
• Rock chip geochemical sampling results reported up to 298g/t Ag
• Multiple significant drilling results including:
o SCR225: 5m at 102g/t Ag from 14m
§ Including: 2m at 165g/t Ag
o SCR247: 2m at 73g/t Ag & 4.6% Pb from 8m
o EWP-2: 22m at 42.7g/t Ag from 8m
§ Including 8m at 72.13g/t Ag from 22m
o EWP-3: 18m at 29.3g/t Ag from 6m
o EWP-7: 20m at 35.9g/t Ag from 2m
§ Including 2m at 100g/t Ag from 8m & 4m at 69g/t Ag from 16m
o EWP-11: 4m at 41.25g/t Ag from 14m & 10m at 41.6 g/t Ag from 24m
o EWP-12: 8m at 58.37g/t Ag from 20m
o EWP-24: 8m at 54.87g/t Ag from 40m
• Mineralisation trends interpreted to be over a 12km strike

12kms strike currently surrounded by purely copper - I'm looking forward to both Paterson range assets being advanced in tandem - while the halo project is run souly run by Terra search. News to follow shortly and all the above.

https://www.londonstockexchange.com/news-article/WSBN/drilling-approved-for-cottesloe-project/15005220?showDisclaimer=true

https://twitter.com/caerusmineral/status/1400710398689566721?s=28

GGPs Havieron is 450 x 350 x 600 = 94,500,000

WSBNs is 57kms away and red setter target A is 1500 x 400 x 150 = 90,000,000
1500 x 400 x 300 = 180,000,000

The highest priority magnetic bodies within Red Setter (Referred to as Targets A, B and C in Figure 1) cover an expanded area of 3.5 km in strike length and 1 km in width. The highest order Target A occurs over a strike length of 1500m with a width of 400m and occurs within 50-75m of surface. Results of this modelling shows several north plunging magnetic bodies within this anomaly of equivalent susceptibility (possibly pyrrhotite alteration) to that evident at both Newcrest Mining and Greatland Gold's Havieron and RioTinto's Winu discoveries.

13kms away from the largest gold/copper mine in Australia - Newcrest owned who we share our boarder with - "Our geologists, Terra Search, have excellent relations in the area having worked for both Newcrest and Geatland Gold. Accordingly, the exploration will be based out of the Terra Search camp at Newcrest's Telfer mine some 13km from Red Setter."

Havieron 30% GGP ( 800mil Mcap) 70% Newcrest
Red setter currently 100% WSBNs (30mil Mcap)

While currently 100% owned - success at red setter will be valued in the billions and identify a similar targer to Havieron - and while working out of Newcrests mine - will leed to a JV with them as did GGP

+
https://www.lse.co.uk/rns/WSBN/dr-simon-beams-to-present-wishbones-halo-project-ps42f7ytk19as5a.html

Cottesloe Project Highlights:
• Rock chip geochemical sampling results reported up to 298g/t Ag
• Multiple significant drilling results including:
o SCR225: 5m at 102g/t Ag from 14m
§ Including: 2m at 165g/t Ag
o SCR247: 2m at 73g/t Ag & 4.6% Pb from 8m
o EWP-2: 22m at 42.7g/t Ag from 8m
§ Including 8m at 72.13g/t Ag from 22m
o EWP-3: 18m at 29.3g/t Ag from 6m
o EWP-7: 20m at 35.9g/t Ag from 2m
§ Including 2m at 100g/t Ag from 8m & 4m at 69g/t Ag from 16m
o EWP-11: 4m at 41.25g/t Ag from 14m & 10m at 41.6 g/t Ag from 24m
o EWP-12: 8m at 58.37g/t Ag from 20m
o EWP-24: 8m at 54.87g/t Ag from 40m
• Mineralisation trends interpreted to be over a 12km strike

12kms strike currently surrounded by purely copper - I'm looking forward to both Paterson range assets being advanced in tandem - while the halo project is run souly run by Terra search. News to follow shortly and all the above.

Everyday closer to news while trades trade, try to play the support and resistance - truth is any success at red setter will make WSBN a life changing company - and to my earlier point, does anyone really believe with the proximity to Telfer and the nature of the Paterson ranges that are tier 1 sized magnetic body is nothing? Highly unlikely