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

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 26, 2023 11:18am
97 Views
Post# 35247760

RE:RE: Hammerdown FS Compared with MAE/Point Rousse

RE:RE: Hammerdown FS Compared with MAE/Point RousseYes, you refer to the crushing and on-site sorting plant ( concentrator )  to be installed at the HammerDown mine which I recall would cost about $25 million or so.

That would reduce both milling and transportation costs.
I ignored this option , assuming that the $5 million US saved annually by eliminating the 40 km extra distance to Nugget Pond would easily cover those benefits .

The concentrator would reduce haulage tonnage by about 40% , essentially about the same haulage when NuggetPond extra costs are removed

But, the concentrator is an excellent idea, if robust capital were available ...and would improve the cash flows as estimated in the table below, as grades would increase by about 40-50 %.

This could be delayed by a year after which production generated cash flows could fund the needed capital.
thanks,,
<< Previous
Bullboard Posts
Next >>