Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company with assets in Australia - Says preliminary results indicate a high grade copper zone at its Halo copper gold project in Queensland, Australia. Says hole number 21 is the most promising, showing high levels of visible malachite, a green-coloured copper mineral.
‘The major copper intercepts are hugely important. Copper is going to remain one of the key strategic metals globally, possibly the most important one, in future years as we move to green sources of electricity. Copper is needed not only for transmission of electricity but also storage and is key in all these areas,’ says Wishbone Gold Chair Richard Poulden.
Current stock price: 10.00 pence, down 1.5% on Friday
12-month change: down 33%
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