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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

Comment by Geodan2on Sep 19, 2024 11:44am
475 Views
Post# 36231107

RE:RE:RE:RE:RE:RE:RE:RE:New here

RE:RE:RE:RE:RE:RE:RE:RE:New herehttps://www.juniorminingnetwork.com/junior-miner-news/press-releases/619-tsx/sgnl/167043-signal-gold-continues-to-intersect-high-grade-gold-at-the-western-extension-of-goldboro-including-73-92-g-t-gold-over-3-8-metres-and-16-00-g-t-over-4-5-metres.html this answers the question mostly or ore distribution.

BR-24-455

10.5

14.5

4.0

1.36

 

and

28.2

29.0

0.8

2.56

 

and

38.5

39.0

0.5

1.99

 

and

44.0

44.7

0.7

1.08

 

and

58.0

59.0

1.0

4.78

 

and

69.9

70.4

0.5

2.31

 

and

76.8

78.6

1.8

40.25

 

including

76.8

77.3

0.6

133.68

 

and

114.3

115.0

0.7

5.33

 

and

133.0

134.0

1.0

1.11

 

and

139.8

143.0

3.2

4.03

VG

including

139.8

140.3

0.5

23.51

 

and

168.8

170.0

1.2

3.50

 

and

174.8

175.4

0.6

3.78

 

and

183.2

184.5

1.3

20.28

VG

including

183.2

183.8

0.6

43.02

 

and

210.6

212.7

2.1

4.33

 

including

211.6

212.1

0.5

16.49

 

and

243.3

244.5

1.2

12.72

VG

and

258.5

259.0

0.5

2.67

 



That is just one hole with 15 ore bodies. So it is not even ore grades at all, but it is evenly distributed gold ore bodies stacked, so open pit is the way to do it.  I presume barren between these stacked gold ore zones? Dang does it look good.   And in this PR the Western Extension is best looking part, and why have 3 pits? Looks like Western and Western Extension should be one bigger pit.   The Geophysics look best on W Ext. 

I have bot more today, am most of the small volume so far.   Cheers
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