Miner Company
Wishbone Gold shares fall 36% despite confirmation of gold-copper mineralisation at Red Setter
Wishbone Gold PLC (AIM:WSBN, AQSE:WSBN) saw its shares fall 36% to 42p on Monday despite reporting drill results that confirmed gold and copper mineralisation along a 4-kilometre trend at its Red Setter project in Western Australia, leaving analysts and investors puzzling over the scale of the sell-off. The results from the company's 2025 drilling campaign are broadly consistent with previous findings at the site, with notable intercepts including 8.36 metres at 1.09 grams per tonne gold and 0.0
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Wishbone Gold PLC (AIM:WSBN, AQSE:WSBN) saw its shares fall 36% to 42p on Monday despite reporting drill results that confirmed gold and copper mineralisation along a 4-kilometre trend at its Red Setter project in Western Australia, leaving analysts and investors puzzling over the scale of the sell-off. The results from the company's 2025 drilling campaign are broadly consistent with previous findings at the site, with notable intercepts including 8.36 metres at 1.09 grams per tonne gold and 0.05% copper, and a further interval of 5.76 metres at 0.66 g/t gold and 0.4% copper.