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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 onetimeron Jun 25, 2022 9:10am
266 Views
Post# 34782148

RE:RE:new video interview

RE:RE:new video interviewIt seems you basing your calculations on 7 says a week of the mill running. 

i dont think the mill is going 7 days a week , 365 days a year Can anyone confirm this?

they have stat holidays, maintaince periods. Ther e guidance is for about 22,000 ounces. 

Based on there last update, 

Since restarting mining operations in early May, Point Rousse has mined 30,483 tonnes of ore from Argyle for the month and the mill processed 36,227 tonnes at a grade of 2.20 grams per tonne ("g/t") gold, resulting in reconciled production of 2,270 ounces of gold. In the first 10 days of June, the mining operations moved 7,130 tonnes of ore at an average grade of 3.33 g/t, and mill throughput has been approximately 1,295 tonnes per day at an average head grade of 3.22 g/t. Point Rousse expects to mine approximately 33 000 tonnes of ore in the month of June.

"It has been a very challenging first half of the year for the Point Rousse Operation, however we are pleased to provide an update that mining operations are back to normal and we continue to be on track to meet the lower end of our guidance range of 21,500 to 23,000 ounces of gold.

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