Further to our announcement on 20th April, we have provided an update to the stock market this morning on the activity at Red Setter.
The first phase of the 2026 drilling contract started on 5th May with the reverse circulation (“RC”) rig. The initial focus is to drill approximately 25 holes for ~3,500m with the RC rig, of which 14 holes for 2,182 metres has been completed.
The second phase of the contract covering a further 4,500m of diamond drilling started on 27th May, and two holes for 687 metres has been drilled and the drill programme as a whole is targeting depths from surface of up to depths of 600 metres along an identified gold-copper system.
Activities to date on site have progressed as initially planned and samples are being sent to Perth for assay testing on an ongoing basis, with initial results expected before the end of July.
In addition, the final report following the heritage survey on the proposed new access road from the Nifty mine and airport to Red Setter has been completed and we expect to be granted permission to progress the road's construction on the grant of the required Miscellaneous Licence. The heritage report has also given approval to relocate the support camp and accommodation to Red Setter which will occur once Wishbone has approvals to create the new access road.
Richard Poulden, Wishbone Gold’s Chairman, commented:
“Activity on the ground at Red Setter over the last month has been as expected, with the team making excellent progress with the initial RC drilling program and now the diamond drilling. We are on track to complete the 9,000m of drilling in this first phase of the 2026 programme and look forward to updating the market on initial assay results in due course. The results from the overall drill programme will establish the pattern of mineralisation at the project and guide our team for the next phase of drilling in the later part of 2026.”
To read the full announcement:
https://t.co/aB7WFZxP1u
#WSBN #Copper #Gold #Mining #Exploration #WesternAustralia
We are preparing to commence 4,000 m of resource definition drilling at the Target A1 silver oxide discovery which forms part of the Mushima North Project.
Drilling is expected to start within the next two weeks.
All drill-related permitting is in place and a drilling contract has been signed. Access road and drill pad preparation is already underway.
#Zambia #Silver #Mining #Exploration
@Premafrimin (AIM #PREM) has reported a key operational milestone at its Zulu Lithium and Tantalum Project in Zimbabwe, confirming the production of its first spodumene-bearing concentrate from the newly commissioned flotation plant. Managing Director Graham Hill described the production of first spodumene concentrate as a significant operational achievement and an important validation of the modified processing plant and new flotation circuit.
He added that early operating data suggests the plant is demonstrating improved stability compared with previous operations, which management believes is a result of process simplification and modifications implemented throughout the processing facility.
�� Read the full update here: https://t.co/sopqzfpK0Q
#ECR - Raglan Operational Update June 2026
✅ Drone Lidar survey completed across the Raglan Project area.
✅ Data analysis and interpretation now underway to support mine planning.
✅ Identify additional palaeochannel targets to enhance future production activities.
✅ Independent alluvial gold specialist with more than 30 years' industry experience engaged to review mining and processing operations at Raglan.
✅ Plant optimisation programme now in place to enhance gold recovery and operational efficiency
✅ Recruitment process underway for a consulting geologist to support exploration, development and production activities across ECR's wider Queensland gold portfolio
Chairman Nick Tulloch: “...The work undertaken over recent weeks has given us considerably greater confidence in the broader mining opportunity at Raglan. While optimisation work remains ongoing, we believe that the project is moving into a stronger operational position and we look forward to updating shareholders as these improvements support more consistent gold production and recovery outcomes."
#gold #goldmine #australia
read: https://t.co/OtqGF4Dqmo
1/2 Elizabeth Hill continues to grow. New drilling confirms silver mineralisation extends beyond the April 2026 Maiden Resource Estimate and remains open at depth and along strike.
Highlights:
- 60m @ 25g/t Ag from surface
- 26m @ 31g/t Ag from 4m
- 2m @ 96g/t Ag
- 1m @ 157g/t Ag
Tertiary Minerals plc (AIM: TYM) announces an upcoming drill programme at the Target A1 silver oxide discovery, which forms part of the Mushima North Project, Zambia.
4,000m of Reverse Circulation drilling is planned.
Drilling is expected to start in the next two weeks
https://t.co/TIEPOxr0bQ
#TYM #Silver #Copper #Zambia $TYM.L
Activity continues apace with the diamond drill rig at Red Setter targeting depths up to 400m. As with the RC work the purpose of the 25 hole programme is to:
• Test extensions of known gold–copper mineralisation
• Evaluate continuity along the 4km diorite trend
• Improve understanding of structural controls on mineralisation
• Target zones of strongest alteration and sulphide mineralisation
#WSBN #Mining #Gold #Copper #Pilbara #WesternAustralia
The first hole in the new 4,500m diamond drill contract is underway at Red Setter, this is in addition to the 3,500m of RC drill programme which is making good progress.
#WSBN#Mining#Gold#Copper#Pilbara#WesternAustralia
The team at Red Setter carry out a range of tasks with the reverse circulation kit including: controlling the draw works, rotation, and high-pressure air systems of the drill rig enabling it to reach target depths.
Also ensuring the rapid collection of uncontaminated rock chip samples which geologists use for grade control and resource evaluation.
#WSBN #Mining #Gold #Copper #Pilbara #WesternAustralia
An interesting observation from Molaoi.
The main mineralised zone appears to be steepening at depth, from roughly 60° to closer to vertical.
This may indicate a feeder zone, the original conduit for mineralising fluids.
These often carry higher average grades.
#ROCK
#ECR - Raglan Phase 1 Overview
✅ A well organised, highly advanced infrastructure, underground power supply, top notch equipment and plant capable of supporting a much larger operation
✅ Phase 1 - Assumed gold bearing gravels 1.5m - 243 cu metres.
✅ The creek bed alone conservatively assumes 938 ounces of gold over a multi-year period, a gross in-situ value of cA$7m
✅ Side creeks and tributaries and hard rock assets in wider Rockhampton, Gladstone corridor will add much much more.
✅ The Blue Mountain system is much larger. Alluvial drilling results there to date include visible coarse gold at Upper Kariboe Creek, high-grade intersections up to 6.52 grammes/bank cubic metre (g/bcm), and wash-plant trials at Lower Patterson, averaging 0.35 g/bcm under real-world conditions
#gold #goldmine #australia