Goldboro 2021 Feasibility Study: A Robust Open Pit Project
Signal Gold: Developing the Historic High-Grade Goldboro District
Emerging Canadian gold camp which includes the largest gold deposit in Nova Scotia with continued growth potential in all directions, particularly
near surface to the west of the existing Mineral Resource
Significant land position in the Goldboro Gold District of approximately 19,450 hectares (195 km²) including a 28 km strike length along the Upper
Seal Harbour trend and 23 km in the Lower Seal Harbour trend
Open Pit Probable Reserves of 1,150,200 ounces of gold (15.8 million tonnes @ 2.26g/t Au), the highest grade undeveloped open pit reserve on
the east coast of Canada
2021 Feasibility Study demonstrates an after-tax NPV 5% of
C$328 Million and IRR of 25.5% (US$1,600 / C$2,000 gold) over
a ~11 years life of mine, producing an average of 100,000 oz. per
annum
Environmental Assessment Approval received on Aug 2, 2022, a
significant milestone in the regulatory approval process
All major Permit Applications have been submitted and positive
initial feedback has commenced
100% Ownership, no royalties/streams on main Project area
Management team with a track record of success in mine
development, operations, financing, M&A
TSX: SGNL | OTCQX: SGNLF
Established Platform for Growth, Targeting Annual Gold Production of 150,000 Ounces
SIGNAL
-GOLD-
3View entire presentation