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Follow on Google News | Wishbone Gold PLC (OTC- WISHY $3.85) Announces Strong Exploration Results for Polymetallic VeinsHigh grades of 7.3 g/ ton of gold on rock chip samples, plus 1.2% copper and manganese suggesting a polymetallic mine potential.
By: Wishbone Gold PLC Exploration link: http://www.wishbonegold.com Wishbone trades in London and in the U.S. on the OTC board under the symbol "WISHY." Founder and Chairman Richard Poulden has brought the same level of commitment for building a world leading mining exploration company to WISHY, that he brought to Sirius Minerals. Poulden delivered a more than 100 fold increase in shareholder value with Sirius Minerals by acquiring, exploring, and developing the world's largest polyhalite (potash) mine. He is using the same strategy with Wishbone Gold by acquiring land packages that either have existing mines on them, formerly strong producing mines, or are located close to producing mines. The latest exploration results show the wisdom in Poulden's proven approach. A sample of the results include: High grade rock chip samples of up to 7.32 g/t Au were taken from an area to the west of the prospect that was previously unexplored. Many mines consider 3.0 g/t profitable enough for mining. 17 outcrops returned grades greater than 1% copper (‘Cu’) and a further 8 samples returned grades greater than 0.5% with one sample as high as 4.83% Cu and 0.23 g/t Au Chairman Poulden expressed the continuing positive results of his plan to expand the quality land holdings: “Our latest work on Wishbone II has extended the area of potential mineralisation on the tenement at the Hanging Valley and Oaky Mill prospects. As a result of the high gold and copper grades returned from recent sampling and the existing deposits and mines in the area, we are confident going in to the next phase of exploration as we look to establish drilling targets on the licence. “Wishbone II represents less than a quarter of our current portfolio of four licences and covers a total area of 34,700 hectares in a known gold bearing region of Queensland, Australia. In tandem with the work being carried out on our existing tenements, we continue to evaluate a number of potential projects with a view to adding to our growing portfolio of high quality assets.” For more detailed analysis of the exploration results: http://www.financialsurvivalcenter.com/ For WISHY investment information contact: Chris Fisher Ultrapoint Investments http://www.ultrapoint.net 2901 West Coast Highway Newport Beach, CA 92663 USA PH: 855-799-5097 Fax: 888-428-8665 End
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