Wishbone Gold PLC - Australia-focused mining company - Completes reverse circulation drilling at Red Setter project. Adds drilling will start at its Cottesloe project in the next two weeks targeting a sedimentary exhalative base metal system. Says work will be carried out by Raglan Drilling, a West Kalgoorie, Australia-based drilling contractor.
Chair Richard Poulden says: ‘We are pleased that the latest drill program at Red Setter has been finished without event and look forward to the assay results providing further understanding of the hydrothermal system and the structure of the mineralisation. We are excited to start the diamond drilling campaign at Cottesloe which we anticipate will prove up a large base metal system.’
Current stock price: 1.97 pence, up 3.7%
12-month change: down 77%
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