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sur Signal Gold Inc. (NASDAQ:SGNLF)

Signal Gold Identifies Further Growth Targets at Hurricane and Armstrong in the Goldboro Gold District

Signal Gold Inc. has started exploration works at the Hurricane and Armstrong targets in the Goldboro Gold District, Nova Scotia, expanding its search for gold deposits. The exploration encompasses a massive 27,200-hectare area where Goldboro's mine and mill structures are planned. Initial analyses from airborne geophysical surveys helped pinpoint these two targets among several other high-priority sites.

Both targets lie within known gold trends; Hurricane is within the Seal Harbour Trend, marked by historical mining sites and favorable geological conditions for gold deposits. Armstrong, similarly placed in the Goldboro Trend, displays characteristics akin to other significant local mines. In response, Signal Gold is rolling out a comprehensive exploration strategy including geological mapping, geochemical surveys, and drills to unearth potential new deposits.

Kevin Bullock, CEO of Signal, highlighted that these targets represent a significant opportunity within unexplored territories, promising the development of new gold resources that bolster the ongoing regional exploration initiatives and potentially extend the life and scope of Goldboro's mining project.

R. P.

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