Wishbone Gold PLC Further Encouraging Visual Results at Cottesloe (6190W)
December 13 2023 - 2:00AM
UK Regulatory
TIDMWSBN
RNS Number : 6190W
Wishbone Gold PLC
13 December 2023
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR
13 December 2023
Wishbone Gold Plc
("Wishbone" or the "Company")
Further Encouraging Visual Results at Cottesloe
Paterson Range, Western Australia
Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN) announces an update
regarding the current diamond drill program at its Cottesloe
project located in the Paterson Range in Western Australia. The
project consists of three tenements totalling 50 blocks covering an
area of 165km(2) and is considered highly prospective for precious
and base metals.
Additional holes drilled at Cottesloe continue to have visually
encouraging results with highlights including zones with 10-20%
base metal sulphides (Photo 1-6) and scans from portable X-ray
fluorescence ("pXRF") reading elevated base metals.
Geological core samples from holes 23CTRCD0003 and 23CTRCD0002A
are being delivered to Perth where they will be divided and half
will be distributed to the WA government as part of the EIS funded
drilling grant.
Richard Poulden, Wishbone Gold's Chairman, commented:
"To have more visually encouraging results from the new holes
drilled at Cottesloe is a great sign. We look forward to having the
assays completed and mapping the mineralisation for next year's
drill campaign to get a clearer view of the asset."
Photo 1 - Pyrite & Pyrrhotite banded and veined shale
interval with initial scans from XRF reading elevated base
metals
Photo 2 - Pyrite & Pyrrhotite +/- minor sphalerite banded
and veined black shale interval
Photo 3 - Lamination parallel Pyrite & pyrrhotite with
carbonate veining
Photo 4 - Pyrite dissemination with cavities and thicker
qtz-carb-silicious veining 368-370m
Photo 5 - Disseminated Pyrite - chalcopyrite +/- pyrrhotite with
elevated Cu/ Ni.
Photo 6 -Pyrite dissemination with cavities within a thicker
zone of qtz-carb-silicious veining 368-370m
For more information on Wishbone, please visit the Company's
website.
www.wishbonegold.com .
END
For further information, please contact:
Wishbone Gold PLC
Richard Poulden, Chairman Tel: +971 4 584 6284
Beaumont Cornish Limited
(Nominated Adviser and AQUIS Exchange
Corporate Adviser)
Roland Cornish/Rosalind Hill Abrahams Tel: +44 20 7628 3396
SP Angel Corporate Finance LLP
(Broker)
Ewan Leggat / Kasia Brzozowska Tel: +44 20 3470 0470
Soho Communications Ltd
(Financial PR)
George Hudson Tel: +44 7803 603130
Competent Persons Statement
The information in this report that relates to the reporting of
exploration results has been compiled by Mr David Jenkins, a full
time employee of Terra Search Pty Ltd, geological consultants
employed by Wishbone Gold PLC. Mr Jenkins is a Member of the
Australian Institute of Geoscientists and has sufficient experience
in the style of mineralisation and type of deposit under
consideration and the activity which they are undertaking to
qualify as Competent Persons as defined in the 2012 Edition of the
Australasian Code for Reporting of Exploration Results, Minerals
Resources and Ore Reserves ("JORC Code"). Mr Jenkins consents to
the inclusion in the report of the matters based on the information
in the form and context in which it appears.
Appendix
Sulphidic breccia is a rock composed of large angular broken
fragments of minerals or rocks cemented together by a fine-grained
matrix.
Chalcopyrite is a copper iron sulfide mineral and the most
abundant copper ore mineral.
Pyrite is a shiny yellow mineral consisting of iron disulphide
and typically occurring as intersecting cubic crystals.
Pyrrhotite is a bronze-colored mineral of metallic luster that
consists of ferrous sulfide and is attracted by a magnet.
Shales are a soft finely stratified sedimentary rock that formed
from consolidated mud or clay and can be split easily into fragile
plates.
A siltstone is a lithified, nonfissile mudrock. In order for a
rock to be named a siltstone, it must contain over 50% silt-sized
material. Silt is any particle smaller than sand.
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