Signal Gold Inc T.SGNL

Field Exploration - why no updates yet???

[GoldNHill]

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.

[shiftyone]

GNH,  This is probably all you are going to get about the new claim work. The MD&A from July 31 briefly mentions that they did some regional exploration on the newly acquired land positions in Q2.   It also states  "The Company completed a 1,250-line kilometre airborne magnetic and VLF electromagnetic survey over its recently expanded exploration land position

[GoldNHill]

Yes Shiftyone...our team has received all the geophysics from Signal as we agreed that Signal could fly over our claim blocks (in several areas north of Goldboro).  In return, Signal shared the hugh block of geophysical data with us (win win).  The data transfer happened several months back. I do know that they will be generating a field exploration work PR when the season wraps up in a