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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 longagau2on Mar 08, 2021 10:04am
109 Views
Post# 32742369

RE:RE:Goldsboro will be lowest Cost mine in Canada

RE:RE:Goldsboro will be lowest Cost mine in Canada
Welcome back to anx board nozz! I'm not quite as optimistic on AISC. It is going to be very low but the grade to grade comparison doesn't work as the initial costs of the mill etc are similar for the total ounces. I'm figuring around 600 to 800 which is still very low. Would be happy to be surprised with lower though. As well, takeover price is based substantially on ounces per year produceable rather than ounces in the ground. So even higher than 1.2 billion is possible, but we would need a huge mill or mills, more than the 4000tpd suggested in the RE.
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