Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Signal Gold Inc T.SGNL

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 keng1968on Mar 03, 2021 7:11am
203 Views
Post# 32702674

RE:Mill throughput at Goldboro

RE:Mill throughput at GoldboroMorning Long. 

Good points all around. 

I did a quick check and based on the present pit resource (M&I only) of 11.9 Mt with the mill throughput of 4000 TPD gives you 9.9 years based on 300 days per year operations, which is on the low side. I am sure that this resource is going to be expanded through future definition drilling thus expanding the life of mine for the pit(s).

It may be feasible to run up throughput further, but remember that this mill will eventually have to be fed from underground eventually and that is a hungry beast to feed through that method of mining.

In the end the final model may go through a dozen more iterations before a final mine plan and mill circuit is decided upon.

Just a point of clarification; the LSH property is not part of the present Goldboro, or Upper Seal Harbour structure. It is actually the eastern extension of the Isaac's Harbour Gold District, and more specifically the Victoria-Goldfinch zones on the northern edge of that structure. An interesting point s that the Isaac's Harbour  district once hosted the highest grade mines in the provinence.

Cheers!
<< Previous
Bullboard Posts
Next >>