New Tenement applications in Western Australia

Wishbone Gold Plc is pleased to announce that it has applied for 12 new exploration tenements totalling approximately ~174 square kilometres over ground that our geologists identified which is proximal to the Company's Red Setter Gold Dome Project. These are all within a 30km radius of Greatland Gold Plc's (AIM and ASX: GGP) operating Telfer gold mine in Western Australia.

These exploration tenement applications are all over land with vacant tenure. Several of the applications are located less than 6km from the Telfer mine site itself: refer Figure 1 and Figure 2. The applications increase Wishbone's overall footprint in the immediate area surrounding the Telfer Mine to ~231 sq kilometres (~400% size increase).

Ed Mead, Wishbone Gold's Western Australia Director commented;

"It is extraordinary that we managed to be first in line for these 12 tenements which quadruples our current tenement holding in the area. I am surprised that ground like this, so close to the Telfer Gold Mine, was even available. We applied for these exploration tenements on an exclusive basis for Wishbone Gold and we will now be commencing the process of moving these applications towards granting. These tenement applications significantly expand our existing Telfer land package, where we have our major Red Setter Gold Dome Project, located only 12km SW of the Telfer Mine itself."

"By way of the Red Setter drilling update, I'm pleased to advise that an earthmoving contractor is due on site on the 11 July and we are expecting the drill rig to be on site for next week. A further news release will be made when drilling commences. The Company plans to deepen two existing RC drill holes to a depth of about 550 metres into the hinge of the Red Setter Dome gold target that was identified by Expert Geophysics Limited (https://expertgeophysics.com) in September 2024 and as announced by Wishbone on 25 April 2025."

Figure 1: WSBN Exploration Tenement applications immediately surrounding the Telfer Mine.

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Figure 2: WSBN Exploration Tenement applications with 100% GGP Tenements and Major Projects.

Table 1: The new Telfer Tenements are as follows and can be seen on the Western Australian Government's "Access TENGRAPH Web" site at: https://www.wa.gov.au/service/natural-resources/mineral-resources/access-tengraph-web

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

Nominated Adviser Statement