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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 Oct 15, 2023 9:21am
2034 Views
Post# 35684216

RE:Site Visit

RE:Site VisitThanks Winedoc for the updates...appreciated!

Two drills turning is only adding more ounces to the total count.  When we finish the current 12,000 meter drill program, I suspect we will be close to 4 million ounces.  Looking forward to an updated resource estimate at some point in the near future.

We need news on the financing to get some stock action.  We also have permits pending approval as well.
  • Mineral Lease Application submission on July 27, 2023
  • Industrial Approval Application submission on August 28, 2023
  • Fisheries Act Authorization submission on August 28, 2023
Mineral release Application- Waiting period initial application - 55 day (2.5 months).  We are getting close to a decision here

Could not find any timelines online for Industrial Approval.  I did find the Industrial Approval for the Bulk Sample extracted back in 2018.

Fisheries I think involves Provincial and Federal approvals.

Hopefully we have excellent submissions for the above (like approved Environmental Permit) so we get the approvals in the near term to derisk the Goldboro Project.

Will they announce more drilling between Dolliver and West Goldbrooke and get super serious about adding near surface open pitable ounces because they like what they are seeing...TBD.

Ongoing global geopolitical concerns are driving gold higher...not they way I like to see gold move up.

Let's get this financed Kevin...we have gold to pour...LET'S GO!

 
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