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 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

Post by GoldNHillon Feb 08, 2024 9:46am
181 Views
Post# 35869611

3.4 Kms of Underground Mining Potential

3.4 Kms of Underground Mining PotentialOnce again...no big wide Open Pit drill intersections.

HOWEVER some good narrow vein high grade intersections!

We now have 3.4 kms of underground mining potential!!  It seems the market does not appreciate that and was looking for a Pit3 out west.

I am quite excited that we now have 3.4 kms of deeper material that can be extracted after the pits are being exhausted (11 years of Pit mining).

Let's get the permits and financing and start the open pit mining...use the Pit profits and go underground using the sons and daughter of the Open Pit miners.  Kevin has said this will be a generational mine and it will be. 

Exhibit D shows how hugh the underground mining will be...sad that the market do not see this.

Give us an updated resource estimate Kevin.
<< Previous
Bullboard Posts
Next >>