Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Wishbone Gold ( (GB:WSBN) ) has provided an update.
Wishbone Gold Plc announced a significant development in its Red Setter Gold Dome Project in Western Australia, where drilling has revealed promising mineralisation at the target depth. The discovery of quartz-carbonate veining and sulphides such as chalcopyrite and pyrite suggests proximity to a major mineral deposit, prompting further exploration to pinpoint the center of the domal structure. This progress, although slower than expected, is seen as highly encouraging for the company’s exploration efforts and potential resource expansion.
More about Wishbone Gold
Wishbone Gold Plc operates in the mining industry, focusing on the exploration and development of gold and other precious metals. The company is engaged in projects primarily located in Australia, with a market focus on identifying and developing mineral resources.
Average Trading Volume: 106,289,670
Technical Sentiment Signal: Sell
Current Market Cap: £10.51M
Learn more about WSBN stock on TipRanks’ Stock Analysis page.