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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

Comment by GoldNHillon Jun 17, 2022 9:18am
196 Views
Post# 34763967

RE:Osisko Drilling in 2010 hit 1005 g/t in West Goldbrook area

RE:Osisko Drilling in 2010 hit 1005 g/t in West Goldbrook areaTo add to this...any high-grade grade material (6g/t over 1.5 meters) found in the zone between the pipleline and Dolliver Mountain will/should continue eastward down plunge under the West Goldbrook Pit.  Future underground reserves that we will not know about till after the West Goldbrook Pit is deep enough to start targeting/drilling the deeper underground high-grade targets.

If they hit good grades in the virgin ground between the pipeline and Dolliver Mountain, I would love to see management get serious with a big drill program and determine the resources there as quickly as possible.  Yes it will take cash...perhaps once Goldboro production starts and the cash cow starts mooooing.

Saddle reef Orogenic gold deposits are know to extend to great depths.  THE BEAST has shown good grades in deeper holes ~500 meters - I suspect that can be doubled depthwise providing many many many years of underground mining.  Yup 10million ounces is possible


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