Signal Gold Accepts Crown Land Lease and Licence Offer for the Goldboro Project

Signal Gold Inc. has accepted the Crown Land Lease and Licence Offer for its Goldboro Project. The offer was issued by the Nova Scotia Department of Natural Resources and Renewables. The lease covers approximately 779 hectares and the licence 97 hectares of Crown lands. Formal Cabinet approval is anticipated in the first half of 2025 following a land survey.

"We are very pleased to accept the Letter of Offer from the Nova Scotia Department of Natural Resources and Renewables. This is a significant project milestone," stated Kevin Bullock, President and CEO of Signal Gold Inc.

Approval of the Crown Land Lease and Licence is crucial for infrastructure development at the Goldboro Project. The company remains committed to engaging with stakeholders and Rightsholder groups.