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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 GoldNHillon Jun 27, 2023 3:16pm
11569 Views
Post# 35516963

RE:RE:RE:RE:New YouTube video

RE:RE:RE:RE:New YouTube videoKevin could have simply said he had to attend another meeting and could not be here today to preset...yet he said he had a meeting with B2Gold..."having created and sold a company to B2Gold so he is still involved there".  

A bit of foreshadowing???  Smile nudge nudge wink wink

I also like the comment that Rob said "there was  significant opportunity to expand the scale of the project".   Sounds like Goldboro may be getting bigger than currently planned.  The part about current design of 4000 tonnes per day...then talking about a modular mill so they can potentially do more than 4000 t/d can get to 150,000 ounces per year!!! If they find a pit 3...why not!  

With the underground phase 2 piece of this, Goldboro can easily double the 5 million ounces Rob mentioned.  I still say 10 million plus ounces with a pile of future deeper drilling...so drill the s#i$ out of it.

The down dip extensions of the ore zones go to 500m that they know about...so little deep drilling...hardly any.  It is expensive to drill deep and thus planned for phase 2. 

IMHO...They will have 100+ belts to chase the high grade underground where they will simply follow the material that is 6ish grams per tonne or better and there is LOTS and LOTS of it.  6 g/t over 1.5 meters is cash in the bank...Just review any of past drill result PRs and see how many high grade intersections they hit....thousands....that why I have a pile of shares...THE BEAST IS A MONSTER and we have no idea yet how big!

Long and strong!  Bring home the bacon Kevin and Rob


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