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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
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Post by Betteryear2on Aug 20, 2024 7:19pm
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Post# 36188920

Signal Gold Intersects Further High-Grade Gold

Signal Gold Intersects Further High-Grade GoldTORONTO, ON / ACCESSWIRE / August 20, 2024 / Signal Gold Inc. ("Signal Gold" or the "Company") (TSX:SGNL)(OTCQB:SGNLF) is pleased to announce further assay results from its exploration drilling program at the western extension of the Goldboro Deposit at the Goldboro Project in Nova Scotia ("Goldboro", or the "Project"). These results are part of the recently completed diamond drilling program that comprised 5,179 metres of drilling from 26 holes (BR-24-440 to 465) and was designed to target near-surface mineral resource potential immediately west of the existing Goldboro Deposit (Exhibit A and B) with the goal of delineating additional open-pit Mineral Resources. These results are in addition to the high-grade intercepts previously announced on July 24, 2024, which included 21.27 grams per tonne ("g/t") over 5.0 metres and 23.37 g/t gold over 1.3 metres.

Signal Gold Intersects Further High-Grade Gold at the Western Extension of Goldboro, Including 17.97 Gold Over 2.5 Metres and 19.00 g/t Over 2.4 Metres (accesswire.com)
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