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Wishbone Gold ( (GB:WSBN) ) just unveiled an announcement.
Wishbone Gold Plc has announced the expansion of its drilling program at the Red Setter Gold Dome Project in Western Australia, facilitated by a recent £4 million funding raise. The addition of a second drill rig, a Reverse Circulation (RC) rig, will enhance the company’s ability to target shallower copper and gold deposits, increasing operational efficiency and potentially accelerating the discovery of mineral resources, which could strengthen Wishbone’s position in the mining sector.
More about Wishbone Gold
Wishbone Gold Plc operates in the mining industry, focusing on gold exploration and development. The company is engaged in projects primarily located in Western Australia, with a market focus on identifying and developing gold and copper mineral resources.
Average Trading Volume: 151,314,143
Technical Sentiment Signal: Buy
Current Market Cap: £35.02M
See more insights into WSBN stock on TipRanks’ Stock Analysis page.