Wishbone Gold hits wide gold and copper zones at Telfer-adjacent Red Setter
Original announcement by proactiveinvestors on
- Company
- Wishbone Gold PLC
- Ticker
- WSBN
- Exchange
- Unavailable
- Region
- Western Australia
- Primary commodity
- Gold
- Secondary commodities
- Copper
- Document categories
- Drill results
- Extracted
- 2026-10-20 12:38:29 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Wishbone Gold has reported wide gold and copper intercepts at its Red Setter project in Western Australia. The results, including gold grades up to 2.0 g/t, are noted to be higher than the recent head grades processed at the nearby Telfer mine.
Reasoning: The release reports several significant gold and copper intercepts from an ongoing drill programme that compare favourably to nearby benchmark grades.
Positive factors
- Wide gold intercepts reported
- Gold grades exceed nearby Telfer benchmark
- Copper mineralisation identified
- Mineralisation at shallower depths than anticipated
Negative factors
- Laboratory backlogs causing delays in results
Facts used in scoring: 6
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The company mentions samples have been dispatched for assay testing, though specific lab methods are not detailed in this snippet.
Evidence · text
“over 11,317 metres of samples dispatched for assay testing”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
Fact 1Red Setter · goldGrade: 0.81Grade Unit: g/tIntercept: 14.4 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Red Setter
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- WSBN
Geometry
- Grade
- 0.81
- Grade Unit
- g/t
- Intercept
- 14.4 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: 14.4m at 0.81 g/t gold is a significant width for the reported grades.
Positive factors
- Wide intercept
Evidence · text
“14.4 metres at 0.81 grams per tonne gold”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 2Red Setter · goldGrade: 0.7Grade Unit: g/tIntercept: 11.6 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Red Setter
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- WSBN
Geometry
- Grade
- 0.7
- Grade Unit
- g/t
- Intercept
- 11.6 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: 11.6m at 0.70 g/t gold is a notable width.
Positive factors
- Wide intercept
Evidence · text
“11.6 metres at 0.70 g/t gold”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 3Red Setter · goldGrade: 2Grade Unit: g/tIntercept: 7 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Red Setter
- Commodity
- gold
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- WSBN
Geometry
- Grade
- 2
- Grade Unit
- g/t
- Intercept
- 7 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: 2.0 g/t gold is a strong grade for this project context.
Positive factors
- Higher grade intercept
Evidence · text
“7 metres at 2.0 g/t gold”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 4Red Setter · copperGrade: 0.15Grade Unit: %Intercept: 12 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Red Setter
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- WSBN
Geometry
- Grade
- 0.15
- Grade Unit
- %
- Intercept
- 12 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: 12m at 0.15% Cu identifies a copper zone.
Positive factors
- Copper mineralisation identified
Evidence · text
“12 metres at 0.15% and 3 metres at 0.51% copper”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 5Red Setter · copperGrade: 0.51Grade Unit: %Intercept: 3 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Red Setter
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- WSBN
Geometry
- Grade
- 0.51
- Grade Unit
- %
- Intercept
- 3 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: 3m at 0.51% Cu is a high-grade sub-interval within a wider zone.
Positive factors
- Higher grade copper intercept
Evidence · text
“3 metres at 0.51% copper within a wider 7 metre interval at 0.26%”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 6Red Setter · copperGrade: 0.26Grade Unit: %Intercept: 7 mNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- Red Setter
- Commodity
- copper
- Region
- australia_wa
- Reported Region
- australia_wa
- Ticker
- WSBN
Geometry
- Grade
- 0.26
- Grade Unit
- %
- Intercept
- 7 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-20T00:00:00.000Z
Reasoning: 7m at 0.26% Cu represents the wider interval containing the higher grade hit.
Positive factors
- Copper mineralisation identified
Evidence · text
“3 metres at 0.51% copper within a wider 7 metre interval at 0.26%”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.