Red Setter Project

Wishbone’s West Australian Red Setter project is a highly prospective deposit situated near Greatland Gold’s Havieron and Newcrest’s Telfer multimillion ounce deposit. With the Airborne magnetics picking up huge Havieron style anomalies

Recent News

Recent MAGSPEC Airborne Surveys Pty Ltd recently completed a high resolution and ultra-detailed airborne magnetic survey across the entire Red Setter Project. The survey was completed on 100m line spacing and covered a total of 666 line-kilometres. Processing of the significantly high-resolution magnetic datasets, by VAR, has revealed that the magnetic bodies occur much closer to surface relative to their previous reported 150m-250m depth that was modelled on the wider spaced regional magnetic datasets. The relatively shallower target depth is strongly advantageous both from an exploration and future development potential perspective.

The highest priority magnetic bodies within Red Setter cover an expanded area of 3.5 km in strike length and 1 km in width. The highest order occurs over a strike length of 1500m with a width of 400m and occurs within 50-75m of surface. Results of this modelling shows several north plunging magnetic bodies within this anomaly of equivalent susceptibility (possibly pyrrhotite alteration) to that evident at both Newcrest Mining and Greatland Gold’s Havieron and RioTinto’s Winu discoveries.

Wishbone has filed its drilling programme for the targets identified on its Red Setter Project in the Pilbara region of Western Australia.

Location & Infrastructure

The 57.4 km2 Red Setter Project is located only 13 km south-west of Newcrest Mining’s Telfer Gold Mine and about 60 km west of Newcrest and Greatland Gold’s Havieron discovery.

Previous Exploration

Limited historical work has been completed on the area to date. Any known recorded work predates the recent BHP Winu and Newcrest and Greatland Gold Havieron discoveries.

A majority of the drilling has failed to penetrate the shallow Permian cover in the area, which is estimated to be around 100m in depth on Red setter compared to the ~400m Permian cover at Havieron.

3 deeper RC drillholes, drilled by Encounter Resources with EIS support from the WA Government in the vicinity of, but adjacent to some of the magnetic anomaly, penetrated the Permian in 2 holes indicating an approximate depth of cover under 100m in this area at least.

These holes returned low geochemical response but showed evidence of alteration assemblages of albite and calcite with similarities to the system at the Havieron area.

Recent News Releases on Project

Mineralisation over 3km strike at Red SetterDecember 4, 2023Newsnews
Drilling Update for Red Setter and CottesloeOctober 12, 2023Newsnews
Drilling underway at Red SetterSeptember 20, 2023Newsnews
Drill Rigs Mobilised at Cottesloe then Red SetterAugust 22, 2023Newsnews
Red Setter interpreted as potential analogue to the nearby Telfer Gold MineApril 4, 2023Newsnews
Update on Red Setter AnalysisMarch 16, 2023Newsnews
Magneto Tellurics Survey Underway over Paterson RangeDecember 22, 2022Newsnews
Confirmation of Hydrothermal Gold and Copper System at Red SetterDecember 13, 2022Newsnews
High Resolution Gravity Survey to start at Red Setter Project, Drilling ContinuesSeptember 8, 2022Newsnews
Encouraging Visual Drilling Results at Red Setter ProjectAugust 17, 2022Newsnews
Second Drill Rig On-site at Red Setter ProjectAugust 15, 2022Newsnews
Second Drill Rig Secured for Red Setter ProjectAugust 3, 2022Newsnews
Encouraging Visual Results at Red Setter ProjectAugust 1, 2022Newsnews
Drilling Underway at Red Setter ProjectJune 17, 2022Newsnews
Drill Rig Mobilising to Red Setter ProjectMay 31, 2022Newsnews
Heritage Survey Over Additional Targets at Red Setter Project CompletedMay 19, 2022Newsnews
Heritage Survey Over Additional Targets at Red Setter Project UnderwayMay 12, 2022Newsnews
Drilling Contract Signed for Red Setter ProjectMay 3, 2022Newsnews
Cottesloe and Red Setter Project UpdateMarch 7, 2022Newsnews
Drilling Underway at Red SetterDecember 9, 2021Newsnews
Drilling Preparations Underway at Red SetterNovember 19, 2021Newsnews
Land Access Agreement signed with Martu Native Title HoldersSeptember 6, 2021Newsnews
Tenement-Wide Red Setter Sampling Programme Underway – Patersons Range, Western AustraliaAugust 10, 2021Newsnews
Wishbone Gold at Shares SpotlightJune 24, 2021Media, Newsmedia news
Red Setter Exploration Update and Equity RaiseMay 20, 2021Newsnews
Wishbone Announces filing for Drilling Programme at Red Setter, Patersons Range, Western AustraliaApril 23, 2021Newsnews
Multiple New Shallow Gold Targets Defined at Red Setter ProjectFebruary 18, 2021Newsnews
Aerial Magnetic Survey Completed at the Red Setter ProjectJanuary 13, 2021Newsnews
Aerial Magnetic Survey Update in Red Setter ProjectJanuary 12, 2021Newsnews
Aerial Magnetic and Radiometric Survey in Red Setter ProjectJanuary 7, 2021Newsnews
Placing to Fund Exploration and Drilling at Red Setter Project – Australia and Total Voting RightsDecember 10, 2020Newsnews
Clarification re: Completion of acquisition – announced 12 November 2020November 16, 2020Newsnews
Exploration Plans for the Red Setter Project in the Patersons Ranges in Western AustraliaNovember 16, 2020Newsnews
Completion of acquisition of Patersons Range Havieron/Telfer Project, TVRNovember 12, 2020Newsnews
Gold Targets Identified – Havieron / Telfer ProjectNovember 4, 2020Newsnews
Acquisition of option on Significant Havieron / Telfer Region Tenement PackageOctober 5, 2020Newsnews