Member Info for Thenorseman

Manifesto how is your beloved PR1 stock doing? Down from 9p to 1.7p ….Suspended now!

Dazzler

We are paying in WSBN stock (except the £100k in cash) later so the seller must think Red Setter is great or he wouldn’t risk taking payment in stock?

Could be many reasons for seller wanting out (for example struggling to raise finances for exploring)…but in a way he is still in by soon owning WSBN stock but with now exposure to Red Setter also.

Kind regards

N

I think this silver project opportunity came along and was too good to miss so they had to jump at it straight away not to lose out. Simply put.

But who knows…if true I wish WSBN say these things to avoid people thinking they jumped at this as Red Setter is bad etc.

Remember we already have other promising projects in our portfolio so Silver Lake must be even MORE promising!

GLA

N

Iran holds the world's third-largest proven oil reserves (approx. 208-209 billion barrels) and second-largest natural gas reserves (approx. 34 trillion cubic meters) as of 2024-2025.

Why do they need to enrich Uranium at all?

Just wondering

N

TheBasher yes that is probably the word I meant to use :)

Kind regards

N

I think investors wanting to sell have already done so by now so retrace should be fast….fingers crossed.

N

Howezap

Tx. I did notice WSBN said this earlier. If you look at Figure 3 last RNS it does look like the shallowest grades are SE maybe near up to the overburden so will be exciting to see what they here next drills. The overburden itself I believe is not a target as this came long after the mineralisation event?

Kind regards

N

AutumnLeaves LSE member for 3 months and already an expert?

WSBN have the funds to drill 25 holes to get a much better picture of how much gold can be along the diorite. If they find what they think is there they can start trying to get a partner. At this stage (before drilling the 25 holes) we would have to give too much away….so no point.

N

«And we have Mad Ed so can hardly complain about Trump.»

Brilliant! :)

N

« Greatland Resources - Congratulations on the much bigger #gold #copper Telfer resource announced yesterday. Telfer grades of 0.59 g/t Au and 0.09% Cu are great. Red Setter type grades. Lots of WSBN drilling in 2026 SW of Telfer.»

Haverion is very deep though 400-1400 metres below surface?

Hi Howesap

Don’t forget the possibility of using the existing facilities/processing plant at Telfer. Would also come at a cost obviously but if we find what we hope for GGP would surely be interested to process for us for a fee or buy into Red Setter (or even WSBN).

Exciting times soon now that drilling is just around the corner:)

N

Darloclown23

Eff off !

From AI (so with a pinch of salt ..)

«Comparison to Commercial Benchmarks (March 2026)

Grade Viability:

The 1.09 g/t gold found at Red Setter is roughly double the average head grade of the nearby West Dome Open Pit at Telfer, which operates at approximately 0.55 g/t gold.

Typical Australian open-pit operations in early 2026 report average mill feed grades of around 1.02 g/t gold.

This suggests that 1.09 g/t is well within the "commercial" range for a shallow open-pit operation in this region.

Depth and "Starter" Potential:

The 8.36m intercept was found at a depth of 304.80m.

While this is deeper than some "ultra-shallow" starter pits (which can be as shallow as 15m–80m), it remains within the standard 300m–500m depth for large-scale open-pit mining.

Wishbone has identified other high-priority targets even shallower, between 50m and 117m. If 2026 drilling confirms ~1.0 g/t grades at these shallower depths, it would significantly strengthen the case for a low-cost starter pit.

Economic "Sweeteners":

Copper Credits: The 1.09 g/t gold was accompanied by copper mineralization. In a commercial scenario, this copper is sold as a by-product, effectively lowering the "break-even" gold grade needed for the pit to be profitable.

High Gold Prices: With gold prices in early 2026 forecast to remain strong (ranging from US$4,000 to over US$5,000 per ounce), even lower-grade "bulk tonnage" (e.g., 0.4g/t to 0.6g/t) is becoming increasingly profitable for WA»

5.66% UP is not bad in one day. GGP DOWN 4.97%.

Let’s see what tomorrow brings. One day closer to start drilling 25 holes along our 4km diorite!!

N

Agree PJ

I definitely think selling is done now and investors will start positioning themselves for the upcoming 25 drills!

Size matters as they say…and we have 4km to prove up with structural logging already indicating that mineralisation occurs in multiple orientations associated with sulphide-bearing vein systems, with alteration intensity increasing with depth, accompanied by higher gold and copper grades.

N

Muppet go away!

There is everything to play for!

«The 2025 drilling programme consisted of seven drillholes, including five diamond drillholes targeting the main diorite trend and two drillholes testing a Mobile MT geophysical target.

Drilling within the diorite intrusion successfully intersected multiple zones of gold and copper mineralisation, confirming the presence of a significant hydrothermal system within the intrusion and surrounding alteration halos.

Structural logging indicates that mineralisation occurs in multiple orientations associated with sulphide-bearing vein systems, with alteration intensity increasing with depth, accompanied by higher gold and copper grades.

The results confirm that the Red Setter diorite trend hosts widespread mineralisation across a strike length of approximately 4 kilometres, which remains largely untested by drilling.»

Drill baby drill!

N

Manifesto

«actions that have failed to materialise? Said they were funded then 3 weeks later did a placing!»

They probably changed their minds due to what they could see so far from drilling (very promising), realising they could raise money with little dilution to drill even more wells. Thank God they did! In exploration you need to spend money to drill initially.

With regard to the road I agree with Howezap…..

Kind regards

N

Manifesto with his normal sick

WSBN had said exactly what they are going to do next! :

«For 2026 the Company has designed a 25 hole drilling programme of approximately 9,000 metres to follow up on these encouraging results and to test extensions of the mineralised system.»

This is what explorers do!

N

Watforddaz I see your JAN is down 23% today!