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Wishbone Gold PLC

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Market:
AIM
Price
1.20 GBX
Day Change
4.35%
Market Cap:
£3.63 m
52 weeks high
4.50
52 weeks low
1.05

In brief

Wishbone Gold PLC has three major exploration properties in Australia and three minor prospects.

Two of these are located in the Pilbara region of Western Australia and the third is in the Mingela-Charters Towers region in Queensland.

The company’s flagship project is Red Setter located approximately 13km south west of Newcrest’s Telfer operations. Red Setter is a Havieron/Telfer style gold prospect. Cottlesloe, 35km south east of Red Setter, has deposits visible at surface of silver and lead: metals which are essential for battery and electric car production.

In Queensland the Wishbone II project has almost doubled with the addition of Wishbone VI. Simon Beams of Terra Search believes this area could host a Ravenswood style deposit similar to the Ravenswood mine to the south east.