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    Wishbone Gold

    Wishbone Gold Plc is an AIM and NEX listed company operating in the precious metals sector. The company has a wholly owned precious metals trading business in Dubai, United Arab Emirates. It also holds four large scale exploration licences in North East Queensland, Australia covering over 34,000 acres in an area known for significant mineralisation.

    Wishbone Gold’s strategy to increase gold trading margins and volumes is to invest and develop artisanal and small-scale miners through providing equipment and expertise. These then advance into long-term gold supply contracts which are traded through Dubai providing visibility on the supply chain.

    The company has a joint venture (JV) gold ore processing plant in Honduras which has been set up to benefit local miners. The technology provided to the miners allows them to receive higher yields than their historic practices and improves the environment by eliminating the use of mercury which is often used as a binding agent when recovering gold. This means an environmental best practice strategy and safer working conditions for the miners.

    Through its extensive gold trading network and government contacts in Africa, Wishbone Gold is actively looking to expand its presence in this region. The company is in advanced discussions with a number of African nations to assist in the safe and sustainable development of artisanal/ small scale miners.

    The Board of Wishbone Gold believes this exposure to the gold market, from exploration to trading to processing, provides a unique investment proposition. The Board has a wealth of experience in numerous sectors including technology, healthcare and retail, in addition to natural resource companies, where they have successfully executed strategies for growth by acquisition.

    Subsidiaries

    Black Sand FZE

    Black Sand FZE is our gold trading company based in Dubai

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    Wishbone Gold Pty Ltd

    Gold exploration and mining in Australia.