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PERTH - Wishbone Gold Plc (AIM:WSBN) announced Monday that drilling operations have commenced at its Red Setter Gold Dome Project in Western Australia, located approximately 15 kilometers southwest of Greatland Gold’s operating Telfer gold mine.
According to the company’s press release, contract drillers have successfully mobilized to the site and established the necessary infrastructure to begin work. The initial phase involves deepening two previously drilled holes from approximately 300 meters to a target depth of around 550 meters.
"Access routes have now been opened, and the drillers have mobilized to site and established the necessary site works to drill," said Ed Mead, Wishbone Gold’s Western Australia director. "As of yesterday, the rig was over the first of two drill holes that are to be deepened and had successfully run casing to near the bottom of the first hole."
The company expects to continue drilling toward the new target depths in the coming days. The Red Setter project is part of Wishbone’s exploration tenements that surround the Telfer Mine area.
Wishbone Gold is listed on both the London AIM and Aquis exchanges under the ticker WSBN. The information was disclosed in accordance with the company’s obligations under Article 17 of the Market Abuse Regulation.
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