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.

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Signal Gold Inc > Looks like funding is the issue. GoldNHill, agree way more

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Comment by Geodan2on Sep 20, 2024 12:54pm

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Post# 36233402

RE:RE:Looks like funding is the issue. GoldNHill, agree way more

Hi GoldNHill, What about doing 1-2 holes fast, deep and cheap with rotary bit? The guy (Canadian) who found more big deposits in S. Amer than anyone else said it was his secret.

Sounds like you are a driller. If they were to poke 2 rotary holes deepthe results are not as sure, you get rock chips not polished cores, but one could prove out your theory fast and cheap, the data would be good enough to prove what you think. Your take on that idea?

I am the "big" ;-) buyer lately, have got over 150,000 shares this week.

Thanks for the wealth of knowledge you bring here. Cheers

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