Signal Gold Inc T.SGNL

Alternate Symbol(s): SGNLF

Metals & Mining Gold Industrial Metals & Minerals

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.

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Signal Gold Inc

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Post by DoumDiDoumon Nov 02, 2023 8:44pm

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Post# 35714958

Signal Gold Announces 2023 Third Quarter Results

Signal Gold invested $5,519,585 in the Goldboro Project, focusing on key development permits, exploration drilling, geotechnical programs, and district expansion.
The company achieved important permitting milestones for the Goldboro Project, including the submission of the Mineral Lease Application, Industrial Approval Application, and Fisheries Act Authorization.
Signal Gold conducted a significant exploration drill program and discovered gold mineralization west of the Goldboro Deposit towards the Dolliver Mountain Mine.
The Goldboro Gold District was consolidated, expanding the exploration license area to approximately 19,450 hectares (195 km2) through staking and third-party transactions.
The Point Rousse Project was sold to Maritime Resources Corp. for $3,000,000 in cash, 23,970,218 common shares of Maritime, and Maritime's assumption of reclamation liabilities.