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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 GoldNHillon Oct 02, 2024 10:46am
838 Views
Post# 36249918

RE:RE:RE:Signal Gold doing Exploration work to the west of Goldboro

RE:RE:RE:Signal Gold doing Exploration work to the west of GoldboroGOAL to find another BEAST...in this case - helicopter field work west of Goldboro, they are looking for the extention of the deposit a couple kms west of Dolliver Mountain on the west side of Issacs Hbr.

I expect the money issue to go away soon...stay tuned.

I even hear that they are planning infill drilling in the main resouce area to start early in the new year...then crank out a new resource number....long overdue...that should be a much larger number than the current 3.1 all-in ounces which has not been updated in a long time.

Anyone with structural knowledge that is looking at Goldboro (Partner) will see we will be north of 5 million ounces and will WANT a part of that.  They will also LOVE the vast claim blocks surrounding the deposit and the potential for another deposit nearby.  The prospective partner probably has knowledge of what the field exploration has been found to date and again are keen to be a part in the larger claim area.  As Kevin has said..."Best place to find a gold mine is in the shadow of the headframe".

Should be an interesting next couple months news wise.  I say drill numbers next week latest.

Halt and announce a JV Kevin...lets build a mill and BLOW UP THE JEWELERY BOXES
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