Wishbone Gold to Drill Promising Red Setter Dome Target

Wishbone Gold ( (GB:WSBN) ) has shared an update.

Wishbone Gold Plc has announced plans to drill into the Red Setter Dome, a significant gold target near the Telfer Gold Mine in Western Australia. This decision follows a geophysical survey by Expert Geophysics Limited, which identified a dome-like structure with potential mineralization similar to the nearby Telfer Dome. The drilling aims to reach depths previously unexplored, potentially uncovering significant gold and copper resources. This development could enhance Wishbone’s position in the gold mining sector and offer promising opportunities for stakeholders, given the strong similarities to the successful Telfer Gold Mine.

More about Wishbone Gold

Wishbone Gold Plc operates in the mining industry, focusing on gold exploration and development. The company is particularly involved in projects located in Western Australia, with a market focus on identifying and developing gold resources.

YTD Price Performance: -38.42%

Average Trading Volume: 54,610,832

Technical Sentiment Signal: Buy

Current Market Cap: £1.59M

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