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Further Encouraging Visual Results at Cottesloe

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Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN) announces an update regarding the current diamond drill program at its Cottesloe project located in the Paterson Range in Western Australia. The project consists of three tenements totalling 50 blocks covering an area of 165km2 and is considered highly prospective for precious and base metals.

Additional holes drilled at Cottesloe continue to have visually encouraging results with highlights including zones with 10-20% base metal sulphides (Photo 1-6) and scans from portable X-ray fluorescence ("pXRF") reading elevated base metals.

Geological core samples from holes 23CTRCD0003 and 23CTRCD0002A are being delivered to Perth where they will be divided and half will be distributed to the WA government as part of the EIS funded drilling grant.

Richard Poulden, Wishbone Gold's Chairman, commented:

"To have more visually encouraging results from the new holes drilled at Cottesloe is a great sign. We look forward to having the assays completed and mapping the mineralisation for next year's drill campaign to get a clearer view of the asset."

Photo 1 - Pyrite & Pyrrhotite banded and veined shale interval with initial scans from XRF reading elevated base metals

Photo 2 - Pyrite & Pyrrhotite +/- minor sphalerite banded and veined black shale interval

Photo 3 - Lamination parallel Pyrite & pyrrhotite with carbonate veining

Photo 4 - Pyrite dissemination with cavities and thicker qtz-carb-silicious veining 368-370m

Photo 5 - Disseminated Pyrite - chalcopyrite +/- pyrrhotite with elevated Cu/ Ni.

Photo 6 -Pyrite dissemination with cavities within a thicker zone of qtz-carb-silicious veining 368-370m

For more information on Wishbone, please visit the Company's website.

Appendix

Sulphidic breccia is a rock composed of large angular broken fragments of minerals or rocks cemented together by a fine-grained matrix.

Chalcopyrite is a copper iron sulfide mineral and the most abundant copper ore mineral.

Pyrite is a shiny yellow mineral consisting of iron disulphide and typically occurring as intersecting cubic crystals.

Pyrrhotite is a bronze-colored mineral of metallic luster that consists of ferrous sulfide and is attracted by a magnet.

Shales are a soft finely stratified sedimentary rock that formed from consolidated mud or clay and can be split easily into fragile plates.

A siltstone is a lithified, nonfissile mudrock. In order for a rock to be named a siltstone, it must contain over 50% silt-sized material. Silt is any particle smaller than sand.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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