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Bullboard - Stock Discussion Forum 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... see more

TSX:SGNL - Post Discussion

Signal Gold Inc. > NR Announcing Consolidation North
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Post by DoumDiDoum on Jan 25, 2024 7:55am

NR Announcing Consolidation North

Working on defining a gold district. With Atlantic Gold exploring just east of the two designed pits, I'm surprised that they did not set foot there first. I guess that Paul McNeil has been working on that piece of land for a long time. That's a long shot BUT is definitely placing SGNL as being the company having the biggest chunk of the Goldboro gold district!

I guess that this land acquisition qualifies as material change, thus management was in blackout. Hopefully that's the start of a continuous news flow.

There is a lot of geological/technical stuff in there. @GoldNHill it would be interresting to have your lights on the all those details.

GLTA 
Comment by GoldNHill on Jan 25, 2024 10:28am
Hmmm...Very interesting. Several of the claim blocks that I have been working/trenching/drilling (one hole) are now surrounded by Signal Gold....will they knock on my door?  I digress... This area that they have picked up is very interesting...it hosts some of THE HIGHEST gold in till samples that I have read about - ANYWHERE. One till sample Signal did not mention was 42g/t gold in till ...more  
Comment by DoumDiDoum on Jan 25, 2024 11:04am
Thanks GoldNHill for your explanation/clarification... hopefully you get an offer for your claim BUT to higher the stakes, you can ask Atlantic Gold if they are interested! ;-)
Comment by GoldNHill on Jan 25, 2024 3:22pm
Another point to add is related to this line from today's PR This new land position, immediately north of, and contiguous with, Goldboro, was acquired through the staking of seven exploration licences, covering 7,771.2 hectares that cover gold, antimony and tungsten glacial till anomalies. The new claims were staked, not purchased or obtained from another claim owner...so Signal picked these ...more  
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