Signal Gold Inc. and the Assembly of Nova Scotia Mi’kmaw Chiefs Sign Historic Benefits Agreement for the Goldboro Project
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) has signed a historic Benefits Agreement with the Assembly of Nova Scotia Mi'kmaw Chiefs (ANSMC) for the Goldboro Project in Nova Scotia. The agreement covers all project phases and establishes economic, environmental, cultural, and employment benefits for Nova Scotia Mi'kmaq.
The Goldboro Project, following a positive Feasibility Study, projects an 11-year open pit mine life with average gold production of 100,000 ounces annually at an average grade of 2.26 grams per tonne. The project received environmental assessment approval in August 2022, with key permits submitted including Industrial Approval, Fisheries Act Authorization, and Schedule 2 Amendment. The Mineral Lease was granted in July 2024, followed by a Crown Land Lease/License Letter of Offer in September 2024.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) ha firmato un importante Accordo di Benefici con l'Assemblea dei Capitribù Mi'kmaw della Nuova Scozia (ANSMC) per il Progetto Goldboro nella Nuova Scozia. L'accordo copre tutte le fasi del progetto e stabilisce benefici economici, ambientali, culturali e occupazionali per i Mi'kmaq della Nuova Scozia.
Il Progetto Goldboro, dopo uno Studio di Fattibilità positivo, prevede una durata della miniera a cielo aperto di 11 anni con una produzione media di oro di 100.000 once all'anno a un grado medio di 2,26 grammi per tonnellata. Il progetto ha ricevuto l'approvazione della valutazione ambientale nell'agosto 2022, con le principali autorizzazioni richieste, tra cui l'Approvazione Industriale, l'Autorizzazione della Legge sulla Pesca e la Modifica della Programmazione 2. Il Contratto Minerario è stato concesso nel luglio 2024, seguito da una Lettera di Offerta per il Contratto/Permesso di Terreno della Corona nel settembre 2024.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) ha firmado un Acuerdo de Beneficios histórico con la Asamblea de Jefes Mi'kmaq de Nueva Escocia (ANSMC) para el Proyecto Goldboro en Nueva Escocia. El acuerdo abarca todas las fases del proyecto y establece beneficios económicos, ambientales, culturales y laborales para los Mi'kmaq de Nueva Escocia.
El Proyecto Goldboro, tras un Estudio de Viabilidad positivo, proyecta una vida de mina a cielo abierto de 11 años con una producción promedio de 100,000 onzas de oro anuales a un grado promedio de 2,26 gramos por tonelada. El proyecto recibió la aprobación de evaluación ambiental en agosto de 2022, con permisos clave presentados incluyendo la Aprobación Industrial, la Autorización de la Ley de Pesca y la Enmienda de la Programación 2. El Arrendamiento Mineral fue otorgado en julio de 2024, seguido de una Carta de Oferta de Arrendamiento/Licencia de Terreno de la Corona en septiembre de 2024.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF)는 노바스코샤 미크맥 추장 조합(ANSMC)과 골드보로 프로젝트에 대한 역사적인 혜택 계약을 체결했습니다. 이 계약은 프로젝트의 모든 단계에 걸쳐 있으며, 노바스코샤 미크맥을 위한 경제적, 환경적, 문화적 및 고용 혜택을 설정합니다.
골드보로 프로젝트는 긍정적인 타당성 조사 이후 11년의 노천 광산 수명과 연간 평균 100,000온스의 금 생산을 전망하고 있으며, 평균 등급은 톤당 2.26그램입니다. 이 프로젝트는 2022년 8월에 환경 평가 승인을 받았으며, 주요 허가는 산업 승인, 어업법 승인 및 제2호 수정안이 포함되어 제출되었습니다. 광물 임대는 2024년 7월에 승인되었고, 그 후 2024년 9월에는 왕실 토지 임대/면허 제안서가 제공되었습니다.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) a signé un accord historique de bénéfices avec l'Assemblée des Chefs Mi'kmaq de Nouvelle-Écosse (ANSMC) pour le Projet Goldboro en Nouvelle-Écosse. L'accord couvre toutes les phases du projet et établit des avantages économiques, environnementaux, culturels et d'emploi pour les Mi'kmaq de Nouvelle-Écosse.
Le Projet Goldboro, suite à une étude de faisabilité positive, prévoit une durée de mine à ciel ouvert de 11 ans avec une production d'or moyenne de 100 000 onces par an à une teneur moyenne de 2,26 grammes par tonne. Le projet a reçu l'approbation de l'évaluation environnementale en août 2022, avec les principaux permis soumis, y compris l'Approbation industrielle, l'Autorisation de la Loi sur les pêches et l'Amendement du calendrier 2. Le Bail minier a été accordé en juillet 2024, suivi d'une Lettre d'offre de bail/licence de terre de la Couronne en septembre 2024.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) hat eine historische Leistungsvereinbarung mit der Versammlung der Mi'kmaq-Häuptlinge von Nova Scotia (ANSMC) für das Goldboro-Projekt in Nova Scotia unterzeichnet. Die Vereinbarung deckt alle Phasen des Projekts ab und legt wirtschaftliche, umweltbezogene, kulturelle und Beschäftigungsvorteile für die Mi'kmaq in Nova Scotia fest.
Das Goldboro-Projekt, nach einer positiven Machbarkeitsstudie, sieht eine 11-jährige Lebensdauer der Tagebaumine mit einer durchschnittlichen Goldproduktion von 100.000 Unzen jährlich bei einem Durchschnittsgehalt von 2,26 Gramm pro Tonne vor. Das Projekt erhielt im August 2022 die Genehmigung zur Umweltbewertung, wobei wesentliche Genehmigungen beantragt wurden, darunter die Industriegenehmigung, die Genehmigung nach dem Fischereigesetz und die Änderung des Zeitplans 2. Der Mineralpachtvertrag wurde im Juli 2024 genehmigt, gefolgt von einem Angebot für eine Pacht-/Lizenzvereinbarung für Krone-Land im September 2024.
- Project has projected 100,000 ounces annual gold production over 11-year mine life
- Environmental assessment approval received in August 2022
- Mineral Lease and Crown Land Lease/License Letter obtained in 2024
- Significant potential for mineral resource expansion in 27,200 hectares of exploration land
- None.
TORONTO, ON AND HALIFAX, NOVA SCOTIA / ACCESSWIRE / December 12, 2024 / Signal Gold Inc. ("Signal Gold" or the "Company") (TSX:SGNL)(OTCQB:SGNLF) and the Assembly of Nova Scotia Mi'kmaw Chiefs ("ANSMC") are pleased to announce the signing of a Benefits Agreement for the Goldboro Project, located in in the historic Goldboro Gold District in Nova Scotia. The Benefits Agreement recognizes the asserted Aboriginal & Treaty Rights and Title of Mi'kmaq and reflects the commitment of Signal Gold to work collaboratively with Mi'kmaq of Nova Scotia regarding environmental and cultural priorities, as well as social and economic opportunities throughout the life of the Project.
The Benefits Agreement will cover all phases of the Goldboro Project and outlines the economic, environmental, cultural, employment and other benefits to be provided to the Mi'kmaq of Nova Scotia. It reflects the commitment of the Mi'kmaq to protect and enhance the land and resource-based economy within its Traditional Territory and the collective desire of each party to pursue mutually beneficial social and economic opportunities while respecting the principles of environmental stewardship.
"Since acquiring the Goldboro Project in 2017, Signal Gold recognized the close cultural and historical relationship between the Mi'kmaq people in the Province of Nova Scotia with their traditional territory and the resources of the province. The Goldboro Project and this benefits agreement, the first of its kind in Nova Scotia, represents a significant opportunity to advance the principles outlined in the Call to Action #92 from the Truth and Reconciliation Commission. We remain committed to meaningful engagement and building respectful relationships with the Mi'kmaq to advance the Goldboro Project and generate mutually beneficial social and economic opportunities for Signal Gold and the Mi'kmaq of Nova Scotia in a responsible and sustainable manner."
~Kevin Bullock, President and CEO, Signal Gold Inc.
"The Mi'kmaq play an important role in the environmental stewardship of our lands and resources in Mi'kma'ki. Any developments taking place in our traditional territory should reflect our unique cultural understandings. This agreement with Signal Gold is an example of how Mi'kmaq can be meaningfully engaged and participate in the development of our lands, while respecting our Rights and Title," said Chief Bob Gloade, Benefits Co-Lead for the Assembly of Nova Scotia Mi'kmaw Chiefs."
The ANSMC is an unincorporated association consisting of 12 Mi'kmaw Chiefs from the Nova Scotia Mi'kmaw communities who work together on Nation-based matters. In July 2019, Signal Gold and the ANSMC announced the signing of a Memorandum of Understanding ("MOU") that would govern the process by which the parties would negotiate a Mutual Benefits Agreement regarding the Goldboro Project in Nova Scotia. The process was thorough and resulted in an agreement that pleased both the Company and the ANSMC.
The Goldboro Project is a significant growth project subject to a positive Feasibility Study which demonstrates an approximately 11-year open pit life of mine with average gold production of 100,000 ounces per annum and an average diluted grade of 2.26 grams per tonne gold. (Please see the ‘NI 43-101 Technical Report and Feasibility Study for the Goldboro Gold Project, Eastern Goldfields District, Nova Scotia' on January 11, 2022, for further details).
On August 3, 2022, the Goldboro Project received its environmental assessment approval from the Nova Scotia Minister of Environment and Climate Change, a significant regulatory milestone. Since that time, the Company has submitted all key provincial and federal permits including the Industrial Approval,
Fisheries Act Authorization and Schedule 2 Amendment. The Mineral Lease was granted in July 2024 and a Crown Land Lease/License Letter of Offer was granted in September 2024.
ABOUT SIGNAL GOLD
Signal Gold is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive Feasibility Study which demonstrates an approximately 11-year open pit life of mine ("LOM") with average gold production of 100,000 ounces per annum and an average diluted grade of 2.26 grams per tonne gold. (Please see the ‘NI 43-101 Technical Report and Feasibility Study for the Goldboro Gold Project, Eastern Goldfields District, Nova Scotia' on January 11, 2022, for further details). On August 3, 2022, the Goldboro Project received its environmental assessment approval from the Nova Scotia Minister of Environment and Climate Change, a significant regulatory milestone, and the Company has now submitted all key permits including the Industrial Approval, Fisheries Act Authorization and Schedule II Amendment, and the Mining and Crown Land Leases. The Goldboro Project has significant potential for further Mineral Resource expansion, particularly towards the west along strike and at depth, and the Company has consolidated 27,200 hectares (~272 km2) of prospective exploration land in the Goldboro Gold District.
FOR ADDITIONAL INFORMATION CONTACT:
Signal Gold Inc. | Robert Dufour |
Kwilmu'kw Maw-klusuaqn
Crystal Dorey
Director of Communications
(902) 843-3880
cdorey@mikmaqrights.com
SOURCE: Signal Gold Inc.
View the original press release on accesswire.com
FAQ
What is the expected annual gold production of Signal Gold's (SGNLF) Goldboro Project?
When did Signal Gold (SGNLF) receive environmental assessment approval for the Goldboro Project?
What permits has Signal Gold (SGNLF) submitted for the Goldboro Project?
How much exploration land does Signal Gold (SGNLF) control in the Goldboro Gold District?
