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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 Betteryear2on Jun 05, 2024 8:00pm
489 Views
Post# 36074259

Signal Gold Begins Drilling

Signal Gold Begins Drilling TORONTO, ON / ACCESSWIRE / June 5, 2024 / Signal Gold Inc. ("Signal Gold" or the "Company") (TSX:SGNL)(OTCQX:SGNLF) is pleased to announce exploration drilling has commenced on the western extension of the Goldboro Deposit at the Goldboro Project in Nova Scotia ("Goldboro", or the "Project"). The drill program, which comprises up to 5,000 metres of diamond drilling, is designed to extend near-surface mineral resources immediately west of the existing Goldboro Deposit (Exhibit A and B). Geological modelling of the gold mineralization identified in 2023 indicates the potential to delineate additional open-pit Mineral Resources, and the potential for further gold discoveries. Initial drilling of the first two drill holes has successfully intersected gold mineralization with 5 occurrences of visible gold as well as intersecting the host structure and associated alteration. Assays are pending for all samples collected to date.

Signal Gold Begins Drilling at the Western Extension of Goldboro, Targeting Increased Mineral Resources (accesswire.com)
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