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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

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

Comment by GoldNHillon Feb 16, 2021 5:01pm
201 Views
Post# 32579801

RE:RE:Next web

RE:RE:Next webKevin mentined that the RE would be out in the next week or two and also mentioned:
  • So far, no red flags in our ongoing environmental permitting
  • 100,000 ounces per year total when Goldboro comes on line...so Goldboro would have to crank out 80,000 ounces per year if my calculations are correct (20,000 per year from PR)...wow...that is bigger than the previous estimates.
  • Could not answer size of Goldboro plant as info has not been made public as yet...it will be in the Economic study still planned for end of this year...basically it will be much larger than previously mentioned he said.
  • Merger and Acquisitions to add the next 50,000 ounces to bring us to the target 150,000 in 3 to 5 years

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