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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 longagau2on Mar 08, 2021 10:04am
124 Views
Post# 32742369

RE:RE:Goldsboro will be lowest Cost mine in Canada

RE:RE:Goldsboro will be lowest Cost mine in Canada
Welcome back to anx board nozz! I'm not quite as optimistic on AISC. It is going to be very low but the grade to grade comparison doesn't work as the initial costs of the mill etc are similar for the total ounces. I'm figuring around 600 to 800 which is still very low. Would be happy to be surprised with lower though. As well, takeover price is based substantially on ounces per year produceable rather than ounces in the ground. So even higher than 1.2 billion is possible, but we would need a huge mill or mills, more than the 4000tpd suggested in the RE.
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