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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

Post by DoumDiDoumon Jun 24, 2023 10:09am
342 Views
Post# 35512725

About shiftyone's comment on buyout

About shiftyone's comment on buyout shiftyone:
 
You can really only count the 1.4 million ounces that can be mined by open pit. the underground stuff is not nearly enough to make it cost effective to mine at this time. The feasability stufy doesn't include the ununderground.
 
Not true. The published FS is only the first step and it does not mean that the underground resources will not be economical to mine. The PEA shows that there are extra ounces to mine at $1550 gold if I remember. (I cannot provide you the numbers right now but try and find them and post them here please instead of providing false information)
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