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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Metals & Mining Gold Industrial Metals & Minerals
Signal Gold Inc. is a Canada-based gold development and exploration 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 in Guysborough County, Nova Scotia, approximately 175 kilometers northeast of Halifax, comprising an exploration license area of over 27,200 hectares (272 km2). The Project is subject to a positive Feasibility Study which demonstrates an open pit life of mine (LOM) with average gold production of over 100,000 ounces per annum. The Company also operates the Tilt Cove Project, a prospective exploration-stage gold copper project located within the Baie Verte Mining District, Newfoundland, with approximately 15,000 hectares of prospective mineral lands and 35 kilometers of high-potential strike length including the Nugget Pond Horizon, a geological unit that hosts the past producing high-grade Nugget Pond Mine.


TSX:SGNL - Post by User

Signal Gold Inc > New Press Release - Signal Gold Intersects Further High-Grade Gold at the Goldboro Project During Geotechnical Drilling, Including 23.85 g/t Gold Over 6.0 Metres
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Comment by GoldNHillon Oct 12, 2023 3:43pm
317 Views
Post# 35681164

RE:New Press Release - Signal Gold Intersects Further High-Grade Gold at the Goldboro Project During Geotechnical Drilling, Including 23.85 g/t Gold Over 6.0 Metres

RE:New Press Release - Signal Gold Intersects Further High-Grade Gold at the Goldboro Project During Geotechnical Drilling, Including 23.85 g/t Gold Over 6.0 MetresProjecting just the one best intercept over 100m, 20 meter height.
 
23.85 g/t over 6m comes out to approximately $70,000,000 of Canadian gold value.  Fantastic intersection!!!

When the company updates the feasibility study for the two pits, they will easily be able to report $250,000,000+ more value in gold in the two pits.

Let's get the financing and build the mine....blow it up and start pouring bricks for decades.
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Dealroom for high-potential pre-IPO opportunities