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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 linveston Oct 06, 2020 7:17am
213 Views
Post# 31672108

News : Drill results from Goldboro 15000 metre drill program

News : Drill results from Goldboro 15000 metre drill program
Here : Drill Results

"We continue to identify significant opportunities to add value to the Goldboro Gold Project through the optimization process, who have brought fresh eyes to this exciting development project. The expanded and ongoing infill Drill Program to date has confirmed that the key areas considered in the feasibility study contain significant high-grade gold zones, and importantly we are also seeing that they are commonly found within much wider zones of gold mineralization. These indications of broader mineralized zones could positively impact the mine planning work as part of the optimized feasibility study by reducing inherent mine dilution and increasing the number of ounces per vertical metre. We currently have three drill rigs in operation to complete the 15,000 metre Drill Program and remain focused on the goal of upgrading significant resources proximal to planned near-surface development, which we believe has the potential to positively impact the economics of the feasibility study."

~ Kevin Bullock, President and CEO, Anaconda Mining Inc.

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