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sur Signal Gold Inc. (NASDAQ:SGNLF)

Signal Gold Inc. Expands Drilling at Goldboro Project

Signal Gold Inc. has announced the expansion of its drilling operations at the Goldboro Deposit, located in Nova Scotia. The exploration will involve up to 5,000 meters of diamond drilling and aims to follow up on previous findings of high-grade gold mineralization. This initiative reflects the company's efforts to further develop its mineral resources and possibly explore new gold deposits in the area.

Significant results from earlier drill tests in 2023 indicated continuous gold presence, expanding the known mineralization area to 3.4 kilometers. These results include substantial gold findings such as 26.09 g/t over 8.9 meters. The ongoing drilling activities aspire not only to confirm and expand existing mineralization but also to contribute to the development of new open-pit resources.

Kevin Bullock, President and CEO of Signal Gold, expressed enthusiasm for the potential of the Gold District, emphasizing ongoing regional explorations and forthcoming plans. The company remains focused on leveraging the infrastructure planned for the Goldboro area and enhancing the project's overall output and efficiency.

R. E.

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