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Signal Gold Inc ANXGD


Primary Symbol: T.SGNL

Metals & Mining Gold Industrial Metals & Minerals
Signal Gold Inc. is a Canada-based gold development company. The Company is engaged in advancing the wholly owned Goldboro Project in the Canadian mining jurisdiction of Nova Scotia. The Goldboro Project is an advanced exploration and gold development project located approximately 175 kilometers (km) northeast of the city of Halifax, 60 km southeast of the town of Antigonish, and 1.6 km north of the village of Goldboro, on the eastern shore of Isaac’s Harbour, in Guysborough County, Nova Scotia, Canada. The Company has consolidated approximately 28,525 hectares (285 km2) of prospective exploration land in the Goldboro Gold District.


TSX:SGNL - Post by User

Signal Gold Inc > ANX Mentionned In CIM Magazine
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Comment by GoldNHillon Jan 24, 2021 10:08am
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Post# 32370513

RE:ANX Mentionned In CIM Magazine

RE:ANX Mentionned In CIM Magazine
Another recent comparable acquisition. Yamana Gold (which I do own shares in) recently picked up Monarch's Wasamac property in Quebec for $152 million. Wasamac is pretty close to the size of what Goldboro will be after the pending Q1 resource estimate. Quick blurb on what Monarch's property hosts "Turning to the assets in question, Monarch's flagship Wasamac property currently has an existing proven and probable mineral reserves of 1.8 million ounces of gold at an average grade of 2.56 grams per tonne."
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