17th Jun 2022 09:25
(Alliance News) - Wishbone Gold PLC on Friday said drilling is now underway at its Red Setter gold and copper project in Western Australia.
The first phase of the drilling contract is for 3,000 metres at Red Setter. The second phase is for a further 7,000 metres split between the Red Setter project and the company's Cottesloe project to the south.
Red Setter is situated on the 57.4 kilometre wholly-owned EL45/5297 exploration licence.
Chair Richard Poulden said: "We are very pleased for drilling to have started at Red Setter. It is exciting to be using DDSR's multi-purpose rigs which should provide a much more efficient program. We will provide updates as the work progresses."
Shares in Wishbone Gold were up 4.3% at 11.99 pence on Friday in London.
By Heather Rydings; [email protected]
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