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Wishbone Gold PLC - precious metals trading and exploration company with assets in Australia - Completes one quarter of its Wishbone II Gold-Copper drill programme in Northern Queensland. Sends initial reverse circulation drill samples to the Terra search office for testing prior to full lab analysis. Initial tests confirm the presence of elevated copper, with visible oxidised copper and primary chalcopyrite mineralisation.
Chair Richard Poulden says: ‘We are delighted that initial tests came back confirming copper is present in this current round of drilling and we await full results from the lab to confirm grades and thickness intercepts. The indication that a porphyry style intrusion is present is extremely good news and we look forward to continuing the drilling over the coming weeks.’
Current stock price: 11.47 pence, up 2.0% on Thursday in London
12-month change: down 33%
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