Signal Gold Inc. T.SGNL

Q4 Production Results Next Week - Should be good??

[GoldNHill]

We must be getting close to Q4 Production results announcement...and it should be good based on Kevin's Q!3 comments below...

I hope this is true as there should be lots of profit cash to pour into Dolliver Mountain drilling in Goldboro...bring in minimum 2 + drills and let's get it started while we wait for EA submission and mine financing announcement pending receipt of positive EA from Nova Scotia Government.  A new Pit #3 west of the pipeline to Dolliver Mountain will do nothging but add shareholder value as we march to five million ounces at Goldboro.

The BEAST will continue to deliver

In Q3 Kevin said this October 13, 2021..

While the challenges in developing mine waste at Argyle are disappointing, ore delivery ramped up at the end of September and we are confident in the mine plan going forward. This mine plan is based on the independently updated Mineral Reserves prepared by Nordmin, where 2022 is shaping up to be a record year of production for the Company. Over the next 14 months, we expect to mine approximately 529,100 tonnes of ore at an average diluted grade of 1.99 grams per tonne, which at a recovery rate of 87% will result in production of approximately 29,500 ounces.

• Gold production over the next 14 months is expected to be approximately 29,500 ounces based on an 87% overall mill recovery, setting up Anaconda for a record year of production in 2022, at an average operating cash cost per ounce sold of $1,112 (US$878)1;