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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 nozzpackon Jan 19, 2023 11:52am
83 Views
Post# 35233346

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Remaining Resources for Argyle Deposit

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Remaining Resources for Argyle DepositArgyle start up was due to lack of sufficient close drilking.
So, they hit the low grade ore which caused the negative cash flows.

So, this was a technical error based on a FS that included too high a dilution factor .
Close drilling would have prevented this error .
Its not uncommon when management oversight is lax.

However, I was referring to Stoger much more than Argule which now seems to be producing the expected higher grades.

So, both pits should now be at breast plate perfs..
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