Wishbone Gold Plc

Description

Wishbone Gold Plc is a Gibraltar-incorporated, AIM/AQSE-listed early-stage explorer with a portfolio of gold, copper and silver projects in Western Australia and Queensland. Its flagship Red Setter project lies approximately 20 km southwest of Telfer and hosts a roughly 4 km mineralised diorite trend. The 2026 drilling program was designed for up to 25 RC/diamond holes and approximately 9,000 m, with initial results including 11 m at 0.7 g/t Au from 139 m, including 4 m at 1.3 g/t Au.

The investment case is based on discovery leverage across a large Telfer-area land position, combined with high-grade silver optionality at Silver Lake and Cottesloe. Red Setter benefits from proximity to established Telfer and Nifty infrastructure, while Silver Lake and Cottesloe provide additional silver-rich exploration potential. None of the current projects has a compliant MRE or economic study.

List of Projects:

Project 1: Red Setter, Western Australia
Flagship gold-copper exploration project near Telfer. Drilling has confirmed mineralisation along an approximately 4 km trend, but no current MRE has been defined.

Project 2: Cottesloe / Cottesloe East, Western Australia
Silver-lead-copper exploration targets with high-grade historical results and a long mineralised trend. No current MRE.

Project 3: Anketell, Western Australia
Early-stage exploration project containing an untested magnetic target approximately 1 km across and beginning within 100 m of surface.

Project 4: Silver Lake, Western Australia
Silver exploration project acquired in May 2026. Surface sampling returned grades up to 847 g/t Ag, with historical drilling including 2 m at 150 g/t Ag from 4 m.

Project 5: Telfer North-West, Western Australia
Early-stage geophysical and drill-targeting project approximately 25 km northwest of Telfer.

Project 6: Havieron South-East, Western Australia
Early-stage exploration application approximately 10 km southeast of Havieron, covering part of the Havieron Thrust. Grant is targeted for early 2027.

Project 7: Wishbone II, IV & VI, Queensland
Gold-copper-silver exploration licences in the Mingela area, including Halo and other high-grade surface targets.

Project 8: White Mountain, Queensland
Early-stage project with historical gold, silver, copper and antimony workings and multiple exploration prospects.

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List of projects

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