Signal Gold Strikes High-Grade Gold at Goldboro Project's Western Extension

TORONTO, ON / ACCESSWIRE / July 24, 2024 / Signal Gold Inc. has announced promising initial assay results from its exploration drilling at the western extension of the Goldboro Deposit in Nova Scotia. The program, covering 5,179 metres over 26 drill holes, aims to extend near-surface mineral resources. Initial results reveal high-grade gold zones, suggesting potential for additional open-pit mineral resources.

The first four drill holes indicate multiple high-grade gold zones, including 21.27 g/t gold over 5.0 metres and 23.37 g/t gold over 1.3 metres. Assays for the remaining holes are pending. Kevin Bullock, President and CEO, highlights the significance of these results for further expanding the known mineralization.

Drill results from 2023 also indicate continuous gold mineralization, extending the known strike length to 3.4 kilometres. Significant findings include 26.09 g/t gold over 8.9 metres and 11.79 g/t gold over 4.1 metres.