Wishbone Gold (WSBN) H1 2026 earnings summary

Executive summary

• Secured 67km² of mineral title near Telfer, Western Australia, after a contested ballot.

• Confirmed gold and copper mineralisation at Red Setter diorite trend, supporting potential for a large-scale system.

• Acquired Silver Lake Project, expanding exploration portfolio with significant silver mineralisation.

• Ongoing drilling at Red Setter with encouraging results and programme extension.

Financial highlights

• Cash balance at 30 June 2026 was £3,140,810, down from £3,397,895 at December 2025.

• Operating costs for H1 2026 were £891,836, up from £757,319 in H1 2025.

• Operating loss for H1 2026 was £891,836, compared to £260,768 in H1 2025.

• Loss before tax for H1 2026 was £889,840, compared to £259,927 in H1 2025.

• Raised £1,100,000 in an institutional placing at 26.35p per share in April 2026.

Outlook and guidance

• Continued focus on exploration in Western Australia, especially at Red Setter.

• Anticipates further positive updates and value creation for shareholders.