Signal Gold Receives Mineral Lease for the Goldboro Project From the Government of Nova Scotia
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) has received a 20-year Mineral Lease for the Goldboro Project from the Nova Scotia Minister of Natural Resources and Renewables. This marks a important milestone in the regulatory approval process for the project, which is subject to a positive Feasibility Study. The Goldboro Project is expected to have an 11-year open pit life with average gold production of 100,000 ounces per annum and an average diluted grade of 2.26 grams per tonne gold.
The project received environmental assessment approval on August 3, 2022, and the company has submitted all key permits. Signal Gold has consolidated 28,525 hectares of prospective exploration land in the Goldboro Gold District, with significant potential for further Mineral Resource expansion.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) ha ricevuto un Contratto Minerario di 20 anni per il Progetto Goldboro dal Ministro delle Risorse Naturali e delle Energie Rinnovabili della Nova Scotia. Questo rappresenta un importante traguardo nel processo di approvazione normativa per il progetto, che è soggetto a uno Studio di Fattibilità positivo. Si prevede che il Progetto Goldboro avrà una vita di 11 anni in cava con una produzione media di oro di 100.000 once all'anno e una grade media diluita di 2,26 grammi per tonnellata di oro.
Il progetto ha ricevuto l'approvazione per la valutazione ambientale il 3 agosto 2022, e la società ha presentato tutti i permessi chiave. Signal Gold ha consolidato 28.525 ettari di terreni utilizzabili per esplorazione nel Distretto Aurifero di Goldboro, con un potenziale significativo per ulteriore espansione delle Risorse Minerali.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) ha recibido un Contrato Mineral de 20 años para el Proyecto Goldboro del Ministro de Recursos Naturales y Energías Renovables de Nueva Escocia. Este es un hito importante en el proceso de aprobación regulatoria para el proyecto, que está sujeto a un Estudio de Viabilidad positivo. Se espera que el Proyecto Goldboro tenga una vida útil a cielo abierto de 11 años con una producción media de 100,000 onzas por año y una ley diluida promedio de 2.26 gramos por tonelada de oro.
El proyecto recibió la aprobación de evaluación ambiental el 3 de agosto de 2022, y la empresa ha presentado todos los permisos clave. Signal Gold ha consolidado 28,525 hectáreas de tierras potencialmente explorables en el Distrito de Oro Goldboro, con un significativo potencial para la expansión de Recursos Minerales.
시그널 골드 주식회사 (TSX:SGNL)(OTCQB:SGNLF)는 노바 스코샤 자연 자원 및 재생 가능 에너지 장관으로부터 골드보로 프로젝트에 대한 20년 광물 임대 계약을 받았습니다. 이는 긍정적인 타당성 연구를 조건으로 하는 프로젝트의 규제 승인 과정에서 중요한 이정표가 됩니다. 골드보로 프로젝트는 평균 금 생산량이 연간 100,000 온스이고 평균 희석 등급이 톤당 2.26그램인 11년 개방 광산 생애를 가질 것으로 예상됩니다.
이 프로젝트는 2022년 8월 3일 환경 평가 승인을 받았으며, 회사는 모든 주요 허가를 제출했습니다. 시그널 골드는 골드보로 금 지역에서 28,525 헥타르의 탐사 가능한 땅을 통합했으며, 추가 광물 자원 확장을 위한 상당한 잠재력을 가지고 있습니다.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) a reçu un bail minier de 20 ans pour le projet Goldboro de la part du ministre des Ressources naturelles et des Énergies renouvelables de la Nouvelle-Écosse. Cela constitue une étape importante dans le processus d'approbation réglementaire du projet, qui est soumis à une étude de faisabilité positive. Le projet Goldboro devrait avoir une durée de vie à ciel ouvert de 11 ans avec une production moyenne d'or de 100 000 onces par an et une teneur diluée moyenne de 2,26 grammes par tonne d'or.
Le projet a reçu l'approbation d'évaluation environnementale le 3 août 2022, et l'entreprise a soumis tous les permis clés. Signal Gold a consolidé 28 525 hectares de terres d'exploration potentielles dans le district aurifère de Goldboro, présentant un potentiel significatif pour une future expansion des ressources minérales.
Signal Gold Inc. (TSX:SGNL)(OTCQB:SGNLF) hat von dem Minister für Naturressourcen und erneuerbare Energien von Nova Scotia einen 20-jährigen Mineralpachtvertrag für das Goldboro-Projekt erhalten. Dies stellt einen wichtigen Meilenstein im Genehmigungsprozess des Projekts dar, das von einem positiven Machbarkeitsstudie abhängt. Das Goldboro-Projekt wird voraussichtlich eine 11-jährige Tagebauzeit mit einer durchschnittlichen Goldproduktion von 100.000 Unzen pro Jahr und einem durchschnittlichen verdünnten Gehalt von 2,26 Gramm pro Tonne Gold haben.
Das Projekt erhielt am 3. August 2022 die Genehmigung der Umweltbewertung, und das Unternehmen hat alle wichtigen Genehmigungen eingereicht. Signal Gold hat 28.525 Hektar vielversprechendes Erkundungsland im Goldbezirk Goldboro konsolidiert, mit signifikantem Potenzial für eine weitere Erweiterung der Mineralressourcen.
- Received 20-year Mineral Lease for the Goldboro Project
- Positive Feasibility Study shows 11-year open pit life with 100,000 oz/year gold production
- Environmental assessment approval received in August 2022
- All key permits submitted, including Industrial Approval and Mining Leases
- Consolidated 28,525 hectares of prospective exploration land
- None.
TORONTO, ON / ACCESSWIRE / July 30, 2024 / Signal Gold Inc. ("Signal Gold" or the "Company") (TSX:SGNL)(OTCQB:SGNLF) is pleased to announce that it has received the Mineral Lease for the Goldboro Project. The Mineral Lease was issued by the Nova Scotia Minister of Natural Resources and Renewables, in accordance with the Mineral Resources Act and Mineral Resources Regulations and has a term of 20 years. The receipt of the Mineral Lease marks an important milestone in the regulatory approval process, while the Company continues to progress other main project permits.
"We are extremely pleased to have received the Mineral Lease for the Goldboro Project, an important milestone that reflects seven years of exploration work and analysis culminating in a mineral resource estimate that underpins this significant project. This approval marks a critical step towards the development of Goldboro, which will have a meaningful socio-economic impact on the region and the Province. We are grateful for the support this project has received from the Honourable Tory Rushton, Nova Scotia Minister of Natural Resources and Renewables, as well as the many stakeholders, Rightsholders, and community members who continue to support us through the permitting process."
~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 is the expected gold production of Signal Gold's Goldboro Project?
When did Signal Gold (SGNLF) receive environmental assessment approval for the Goldboro Project?
What is the term of the Mineral Lease granted to Signal Gold for the Goldboro Project?
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