Wishbone Gold (WSBN) Status update summary

Project progress and data analysis

• Seven RC holes (1,509m) and six diamond drill holes (3,298.7m) have been completed at Red Setter Gold Dome, with a final 300m diamond hole underway and drilling paused for the wet season.

• Four diamond drill holes have been processed, with assays pending; approximately 1,500–1,509 RC samples and 2,178–2,200 diamond samples are in the lab or being prepared.

• Analysis integrates drill data, core samples, and geophysical work to refine the geological model and plan next year's drilling.

• Operations are paused for the wet season, with consolidation of geological information and resumption of drilling expected after the summer.

• The Red Setter Dome breccia and surrounding Diorite remain key exploration targets.

Infrastructure and logistical improvements

• Application submitted for a new ~30km access road between Nifty Copper Mine and Red Setter, with a heritage survey scheduled for early April 2026.

• The new road will simplify logistics, reduce costs, and provide access to Nifty’s facilities, including accommodation, fuel, water, and airport services.

• Improved access is expected to streamline future drilling programs and facilitate larger campaigns in 2026.

• New access road approved, providing easier and safer entry to the site and linking to Nifty Copper Mine.

• Weather conditions, including extreme heat and cyclone season, impact operational timelines, with drilling expected to resume around April.

Strategic and corporate actions

• Recent share consolidation provides headroom for future fundraising and acquisitions, streamlining the capital structure.

• Ongoing analysis from Expert Geophysics and core data will inform future announcements and drilling strategies.