Signal Gold Receives Crown Land Lease and Licence Offer for Goldboro Project

Signal Gold Inc. has announced that it received the Crown Land Lease and Licence Letter of Offer for the Goldboro Project. This follows the recent acquisition of its Mineral Lease. The offer, issued by the Nova Scotia Department of Natural Resources and Renewables, encompasses 2,165 hectares of Crown Lands.

The company is progressing with the Industrial Approval process, initially submitted in August 2023. The federal permitting process is also advancing, with the Duty to Consult phase for the Fisheries Act Authorization completed, and the public comment period concluded on July 27, 2024. Signal Gold had received Environmental Approval for the Goldboro Project on August 2, 2022.

CEO Kevin Bullock expressed satisfaction with the regulatory progress, emphasizing the company's commitment to stakeholder engagement. The recent regulatory achievements were acknowledged while feedback from the Federal public consultation period was positively received.