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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 08, 2024 8:21am
725 Views
Post# 36257483

RE:RE:RE:RE:RE:RE:Last Few Holes - Field Exploration

RE:RE:RE:RE:RE:RE:Last Few Holes - Field Exploration IF the last block of holes does include a verticle hole or more AND they hit and stay in a quartz belt...

I say amazing would be anything above one of the very few such verticle holes drilled on the property - 10g/t over 110meters I drilled back in 1987...gold everywhere - but far from the true thickness of the quartz belt drilled in the West Goldbrook (West Pit) area.  The quartz belt was probably 3 meters true thickness.  Key thing from this hole is it really helped determine the height of that particular ore shoot which showed 110m!  Most ore shoots in Nova Scotia are generally 20-30meters high max.

Box after box of black argillite filled with irregular quartz and 6 VG sites.  Bedding to core angle was 5 - 6 degrees...so the hole stayed in the quartz belt a long time...hard to replicate if you have a 2, 3, 4 meter wide target.

If we hit 10 g/t over 50 meters that would be amazing fantastic!

If there are no verticle holes, give me more of the last block of results...they were very good.

Come on Kevin n Rob...we need a HALT and wonderful news to resolve the debt and chart a way forward for Goldboro...BRING IT ON
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