Signal Gold Receives Crown Land Lease and Licence Offer for the Goldboro Project and Provides Permitting Update
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) has received the Crown Land Lease and Licence Letter of Offer for the Goldboro Project, covering 2,165 hectares of Crown Lands. This follows the recent receipt of the Mineral Lease. The company is progressing with regulatory approvals, including the Industrial Approval submitted in August 2023. The Federal permitting process is advancing, with the public comment period for the Fisheries Act Authorization and Schedule 2 Amendment recently concluded.
Signal Gold received Environmental Approval for the Goldboro Project on August 2, 2022. The project's Feasibility Study indicates an 11-year open pit mine life with average gold production of 100,000 ounces per annum. The company is committed to stakeholder engagement and has consolidated 28,525 hectares of exploration land in the Goldboro Gold District.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) ha ricevuto la Lettera di Offerta per l'Affitto e la Licenza delle terre di Corona per il Progetto Goldboro, che copre 2.165 ettari di terre di Corona. Questo segue il recente ricevimento del Contratto Minerario. L'azienda sta progredendo nelle approvazioni regolatorie, incluso l'Approvazione Industriale presentata ad agosto 2023. Il processo di autorizzazione federale sta avanzando, con il periodo di commenti pubblici per l'Autorizzazione secondo la Legge della Pesca e la Modifica dell'Allegato 2 recentemente concluso.
Signal Gold ha ricevuto l'Approvazione Ambientale per il Progetto Goldboro il 2 agosto 2022. Lo Studio di Fattibilità del progetto indica una vita di miniera a cielo aperto di 11 anni con una produzione media annuale di oro di 100.000 once. L'azienda è impegnata nel coinvolgimento degli stakeholder e ha consolidato 28.525 ettari di terre per l'esplorazione nel Distretto d'Oro di Goldboro.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) ha recibido la Carta de Oferta de Arrendamiento y Licencia de Tierras de Corona para el Proyecto Goldboro, que abarca 2,165 hectáreas de Tierras de Corona. Esto sigue a la reciente recepción del Contrato Mineral. La empresa está avanzando con las aprobaciones regulatorias, incluida la Aprobación Industrial presentada en agosto de 2023. El proceso de permisos federal está en marcha, con el periodo de comentarios públicos para la Autorización de la Ley de Pesca y la Enmienda del Anexo 2 recientemente concluido.
Signal Gold recibió la Aprobación Ambiental para el Proyecto Goldboro el 2 de agosto de 2022. El Estudio de Viabilidad del proyecto indica una vida útil de mina a cielo abierto de 11 años con una producción promedio de oro de 100,000 onzas al año. La empresa está comprometida con el compromiso de las partes interesadas y ha consolidado 28,525 hectáreas de tierras de exploración en el Distrito de Oro de Goldboro.
시그널 골드 주식회사(증권거래소:SGNL)(OTCQB:SGNLF)는 크라운 랜드 임대 및 라이센스 제안서를 골드보로 프로젝트를 위해 수령했습니다. 이는 2,165헥타르의 크라운 랜드를 포함합니다. 이는 최근 광물 임대 계약 수령에 이어진 것입니다. 회사는 2023년 8월에 제출된 산업 승인 등을 포함하여 규제 승인을 진행하고 있습니다. 연방 허가 절차가 진행 중이며, 수산업 법 시행 및 부속서 2 수정에 대한 공공 의견 수렴 기간이 최근에 종료되었습니다.
시그널 골드는 2022년 8월 2일 골드보로 프로젝트에 대한 환경 승인을 받았습니다. 프로젝트의 타당성 연구는 연평균 100,000온스의 금 생산량을 가진 11년의 열린 광산 수명에 대해 물고 있습니다. 회사는 이해관계자 참여에 전념하고 있으며, 골드보로 골드 지구에서 28,525 헥타르의 탐사 토지를 통합했습니다.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) a reçu la lettre d'offre de bail et de licence des terres de la Couronne pour le projet Goldboro, couvrant 2 165 hectares de terres de la Couronne. Cela fait suite à la réception récente du bail minier. L'entreprise progresse dans les approbations réglementaires, y compris l'approbation industrielle soumise en août 2023. Le processus d'autorisation fédérale avance, avec la période de commentaires publics pour l'autorisation selon la loi sur la pêche et la modification de l'annexe 2 ayant récemment pris fin.
Signal Gold a reçu l'approbation environnementale pour le projet Goldboro le 2 août 2022. L'étude de faisabilité du projet indique une durée de vie de mine à ciel ouvert de 11 ans avec une production moyenne d'or de 100 000 onces par an. L'entreprise s'engage à impliquer les parties prenantes et a consolidé 28 525 hectares de terres d'exploration dans le district d'or de Goldboro.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) hat das Schreiben des Angebots für die Pacht und Lizenz von Kronlanden für das Goldboro-Projekt erhalten, das 2.165 Hektar Kronenland umfasst. Dies folgt auf den kürzlichen Erhalt des Mineralpachtvertrags. Das Unternehmen arbeitet an der Genehmigung durch die Aufsichtsbehörden, einschließlich der im August 2023 eingereichten Industriegenehmigung. Der Bundesgenehmigungsprozess schreitet voran, wobei der Zeitraum für öffentliche Kommentare zur Genehmigung nach dem Fischereigesetz und zur Änderung von Anhang 2 kürzlich abgeschlossen ist.
Signal Gold erhielt am 2. August 2022 die Umweltgenehmigung für das Goldboro-Projekt. Die Machbarkeitsstudie des Projekts zeigt eine Lebensdauer der offenen Lagerstätte von 11 Jahren mit einer durchschnittlichen Goldproduktion von 100.000 Unzen pro Jahr. Das Unternehmen engagiert sich für die Einbeziehung der Interessengruppen und hat 28.525 Hektar Erkundungsland im Goldboro-Goldbezirk konsolidiert.
- Received Crown Land Lease and Licence Letter of Offer for 2,165 hectares
- Recently obtained Mineral Lease for the Goldboro Project
- Environmental Approval received on August 2, 2022
- Feasibility Study shows 11-year open pit mine life with 100,000 oz/year gold production
- Consolidated 28,525 hectares of exploration land in the Goldboro Gold District
- Industrial Approval still pending, submitted in August 2023
- Federal permitting process ongoing, not yet completed
TORONTO, ON / ACCESSWIRE / August 1, 2024 / Signal Gold Inc. ("Signal Gold" or the "Company") (TSX:SGNL)(OTCQB:SGNLF) is pleased to announce that it has received the Crown Land Lease and Licence Letter of Offer ("Letter of Offer") for the Goldboro Project, shortly after receiving its Mineral Lease, as announced by the Company on July 29 2024. The Letter of Offer covers the Crown Land surface area associated with the proposed site infrastructure for the Goldboro Project and includes a total of 2,165 hectares of Crown Lands. The Letter of Offer was issued by the Nova Scotia Department of Natural Resources and Renewables ("NSDNRR") and is subject to certain standard conditions, including a survey of the related land area and a formal Cabinet approval.
The Company continues to progress in the regulatory approval process including with respect to the Industrial Approval ("IA"), which was submitted in August 2023 and for which the Company is actively addressing questions and feedback from the provincial regulators. Additionally, the Federal permitting process is also advancing. The Company entered the Duty to Consult phase for the Fisheries Act Authorization and Schedule 2 Amendment of the Metal and Diamond Mining Effluent Regulations in Spring 2024, and recently concluded the public comment period on July 27, 2024. Signal Gold previously received the Environmental Approval for the Goldboro Project on August 2, 2022.
"We are very pleased to have received the Letter of Offer from the Nova Scotia Department of Natural Resources and Renewables. This marks the second material Provincial permit this week, having recently received the Mineral Lease for the Goldboro Project while we actively address questions and feedback on the IA application. Federally, the public consultation period has now concluded by the Federal authorities and we are pleased with feedback received during the latest comment period. Throughout both the Provincial and Federal permitting process, Signal Gold remains committed to ongoing engagement with our stakeholder and Rightsholder groups in an open, inclusive, and constructive manner, and their concerns and interests play a critical role in the way we have designed and will develop the Goldboro Project."
~Kevin Bullock, President and CEO, Signal Gold Inc.
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 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 2 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 28,525 hectares (~285 km2) of prospective exploration land in the Goldboro Gold District.
This news release has been reviewed and approved by Kevin Bullock, P. Eng., President and CEO with Signal Gold Inc., a "Qualified Person", under National Instrument 43-101 Standard for Disclosure for Mineral Projects.
FOR ADDITIONAL INFORMATION CONTACT:
Signal Gold Inc. | Reseau ProMarket Inc. |
SOURCE: Signal Gold Inc.
View the original press release on accesswire.com
FAQ
What recent permits has Signal Gold (SGNLF) received for the Goldboro Project?
What is the expected gold production of the Goldboro Project according to the Feasibility Study?
When did Signal Gold (SGNLF) receive Environmental Approval for the Goldboro Project?
What is the current status of the Industrial Approval for Signal Gold's Goldboro Project?
