@news - your request for AI analysis of hole 1 and 212 Oct 2025 23:37
Q: In relation to Wishbone Gold’s Red Setter project, will the recent drill holes 1 &2 result in a discovery?
A: It’s too early to say definitively that Hole 1 & 2 (or “Wishbone Hole 1 & 2” / “#25RSDD001 & #25RSDD002”) constitute a discovery, but the results are encouraging and suggest there is real potential. Here’s a breakdown of what we know so far, what “discovery” might mean in this context, and the risks / caveats. What the drilling has shown so far:
From the public disclosures: In Hole 1 (#25RSDD001), they drilled to ~777 m and encountered quartz-carbonate veining and sulphides (chalcopyrite, pyrite) from ~520 m downward, with increasing intensity and brecciation over >130 m. The company paused Hole 1 at 777 m (still in “strong brecciation”) pending additional drill rods to go deeper.
Hole 2 (#25RSDD002) is a ~200 m step-out to the southwest of Hole 1’s breccia intercept. In that hole, they have already intersected multiple zones of brecciation, alteration, and sulphide mineralisation starting ~520 m depth. Hole 2 also shows significantly more heat alteration (metamorphism / bleaching) than Hole 1, which is interpreted as a potentially stronger hydrothermal overprint. The company says it has sufficient drill rods on site to extend Hole 2 to ~1,000 m if warranted. Based on structural and geophysical modeling (Mobile-MT / geophysical “domal” target), the Red Setter target is believed to lie around 550 m depth, with the currently drilled holes seen as testing the periphery or hinge zones.
In summary: both holes have intersected evidence of hydrothermal activity, brecciation, veining, and sulphides in structural settings and depths consistent with the target model. That is precisely what one would hope to see if a large gold-copper system were present. So far, the key missing piece is the assay results. Given the evidence, there is a decent probability that these holes will lead toward a discovery, but it is not assured.