Goldboro 2021 Feasibility Study: A Robust Open Pit Project
Significant Mineral Resource Growth Since Acquisition
3,200,000
2,700,000
Probable Reserves of 1,150,200
ounces of gold (15.8 million tonnes
@ 2.26g/t Au)
2,200,000
1,700,000
1,200,000
700,000
200,000
2017
-300,000
g/t
7.5
6
4.5
3
1.5
0
TSX: SGNL | OTCQX: SGNLF
2018
2019
Mar-21
Dec-21
UG M+I
UG Inferred
OP M+I
OP Inferred
2017
2018
2019
UG Average Grade
Mar-21
Dec-21
O-OP Average Grade
•
•
•
SIGNAL
-GOLD-
High Quality Mineral Resource
A total of 121,540 metres of diamond drilling, including 55,803 metres
conducted by the Company
681 surface and underground drill holes
Use of Bulk Sample Data and historical workings to determine plunge
Recognition of significance of disseminated mineralization
Use of Dynamic Anisotropy
Constrained open pits were designed using only Measured and Indicated
Resources
Continued Potential for Further Resource Growth
Infill Drilling from March 2022 targeted in-pit Inferred Mineral Resources
to upgrade categorization and potentially increase revenue and reduce
stripping ratio
Completed 50 Line Km IP Geophysical survey to target extension of the
deposit along strike to the west of the existing Mineral Resource
Largest ever growth exploration programs of 12,000m currently drilling to
the west of the current mineral resource throughout the summer 2023
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