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.

TSX:SGNL - Post by User

Signal Gold Inc > Merger DD : Data Comparison Between NexGold And Signal Gold

<< Previous

Bullboard Posts

Next >>

Comment by GoldNHillon Oct 15, 2024 7:10pm

436 Views

Post# 36267266

RE:RE:Merger DD : Data Comparison Between NexGold And Signal Gold

Shiftyone....the most recent drilling to the west is targeting a possible 3rd pit...Yes...more holes required to prove that...nobody knows for sure yet.

It is obvious simply by the 250m deep drill holes that they are looking at Open Pit resources....thus far IMHO they for sure are on track for a pit #3 being defined. If the holes drilled were deeper like 500+ meters then the would be targeting the underground mining targets...so for sure they are drilling hoping to define a Pit 3...No question about that.

<< Previous

Bullboard Posts

Next >>

The nine best Canadian lithium-ion battery stocks