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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 GoldNHillon Oct 03, 2024 10:07am
894 Views
Post# 36251506

Field Exploration - why no updates yet???

Field Exploration - why no updates yet???Just an observation...

I find it really odd that SGNL has NOT provided any updates on ANY field exploration conducted on their vast claim areas surrounding Goldboro.  I do know that they started boots on the ground in mid April and are still working.  Till, rock float and soil samples only take 2 months MAX to come back from the lab, so we should have seen some results in July...yet here we are in Oct and not a peep.  Weird...

I checked NovaRoc today and there are NO Claim blocks left for Kms surrounding the Goldboro deposit so no risk of anyone claiming around any new finds they discover and provide details about...SGNL has most of the claims (except a few that I and a few other individuals work).

Why no updates?  I am sure that they are sharing this info with a prospective partner as this could be a big carrot that any partner would like to see (multiple new targets in and around the known Goldboro depsit).  Can add a lot of VALUE if they are identifying one or more big targets.  Maybe they are holding off for a big spash with a potential new discovery and collecting as much supporting evidence as possible then bringing to the table in the final negotiations with a prospective partner???..NOT SURE.  Perhaps findings are not great???

I know what our team has found north of Goldboro is FANTASTIC (hugh g/t numbers) and Signal has staked all the claims around us.  Would love to see what they have found and where as it can certainly enhance our teams efforts in the area north of Goldboro (did they find some good stuff on an adjoinging claim clock to our claim block??)

There has to be a reason why no Field Exploration updates as yet....just not sure why not...very odd IMHO.

Should see some sort of update soon.
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