Signal Gold Inc. T.SGNL

Osisko Drilling in 2010 hit 1005 g/t in West Goldbrook area

[GoldNHill]

In 2010 Osisko drilled hole OSK2010-30.  From 122 to 122.5 meters the grade was 1005 g/t.

The hole was collared on the western side of the proposed West Goldbrook Pit. 

If one projects this "ore shoot" intersection upward to surface (up pluge at 25 degrees).  It would hit surface right at the east side of the pileline (the western edge of the West Goldbrook Pit).

This info bodes well for future drilling west of the pipe line towards Dolliver Mountain...virgin territory in the shadow of the West Goldbrook Pit and a continuing IP signature all the way out to Dolliver Mtn.  Gold grades should continue out to the historic Dolliver Mountain mine which hosted the largest stamp mill in Nova Scotia at the turn of the centrury.

Looking forward to drilling westward...would be nice to add another million+ ounces to the pur$e.

How big will THE BEAST be...IMHO, that will not be determined for many many years as we have no clue currently how deep this deposit goes and future deeper drilling is planned to be done from the bottom of the open pits to target the underground high grade component of the Goldboro Deposit.

[DoumDiDoum]

Wow, thanks to the "Unknown Geologist" for this hope boost!  Yeah, like you said several times GoldNHill, "The Beast" will not disappoint! GLTA

[GoldNHill]

To add to this...any high-grade grade material (6g/t over 1.5 meters) found in the zone between the pipleline and Dolliver Mountain will/should continue eastward down plunge under the West Goldbrook Pit.  Future underground reserves that we will not know about till after the West Goldbrook Pit is deep enough to start targeting/drilling the deeper underground high-grade targets. If they hit

[longagau2]

Thanks GoldNHill. You know the deposit better than anyone. Can't wait for the IP and then drill results.