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Signal Gold Inc. T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is focused on gold mining, development, and exploration company in the top-tier Canadian mining jurisdictions of Nova Scotia & Newfoundland. The Company is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive Feasibility Study. Signal Gold also operates mining and milling operations in the prolific Baie Verte Mining District of Newfoundland which includes the fully permitted Pine Cove Mill, tailings facility and deep-water port.


TSX:SGNL - Post by User

Post by winedocon Apr 24, 2021 2:34pm
323 Views
Post# 33061966

Excellent Site Visit Today

Excellent Site Visit Today

Hey All

Excellent site report

Its amazing to be able to check in on a small cap gold stock's actual goings on !!!

Seriously .......


I'll tell you whats real .......  this is ...... 3 M ounce baby.  Mining friendly jurisdictions,

 ridiculously accessible.

NFLD  gold is sexy .......   but so is Nova Scotia !!

I talked to CS,  owns  a house on then lower Goldbrooke road.  No issues for \

trucking with the locals ...... Everone wants this project to be a GO !!!

We need jobs, not govt bailouts ...... just saying.   JT is gonna  destroy the average

Joe ........  Better get some  GOLD for  INSURANCE ......  Just saying

Finally got inside core shack to talk to Geologist

“another unknown/unnamed geologist" that is.  :)


He is not insider so was somewhat/tiny bit  forthcoming as he had some shares of

his own/skin in the game


He worked for Atlantic gold previously

He says this deposit is miles above !!!

Biggest gold deposit in NS........ confirmed what we already knew .....

Asked about drilling and why has  there been delays .....

He said they were  so backed up with logging core there were delays

He  said they were pretty much caught up now  .....

Nothing about drilling permit delays, so that didnt  seem to be an issue at all, as I

was wondering if permts were an issue, perhaps not

He said the drilling to the west of the portal was geotech and diamond drilling, nice

stuff over there and near the pipeline. ....... YA Baby !!

The diagrams of the saddle reefs are simply  amazing !!!  

Quartz belts and good

gold grade in between in the Graywache. ......hence the importance of the open pit

concept !!

He showed me some of the core he was logging, some of the last samples from the

pipeline area

a couple samples of  visible gold ...... no photos  allowed, of course ......  I get that

What is more beautiful than a GOLD NUGGET??

Very cool

He told me Logan will start up in 2-3 weeks on the EG pit extension  that was

announced on  a pervious news release

I asked him about East Goldbrook and . .....  BR 17- 04   (my favourite hole)  

....2500 gm / ton ..... Why didn’t they drill more there ???    Smart guy .....

He said if they already drilled 25 m step out and had good results then there is no

need to drill more and waste moeny ......    They know what they have there.......  

 tons of nuggets ......... BIG ONES !!

I asked why Atlantic Gold hasn’t tried to buy us out.  No answer ....... 

I asked about the  envirnomental permits

He confirmed no red flags and the process was going well

He said if Moose River (Atlantic Gold) got permitted then no reason we should  have

any issues, especially if we clean up old problem areas from historical workings

All I got for now

He was very excited to be working locally and on such a nice deposit 

Go ANX

Winedoc

PS ......  NL Moose put that in your pipe and smoke it
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