# CORRECTING AND REPLACING: Signal Gold Identifies Significant Growth Potential West of the Goldboro Deposit, Initiates Drilling at the Past Producing Dolliver Mountain Gold Mine

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/correcting-and-replacing-signal-gold-identifies-significant-growth-potential-wes--c3be0cdc-e8c3-48bc-8cb0-20b41c38db6e

Original source: https://money.tmx.com/en/quote/ANX/news/7911366259959313/correcting-and-replacing-signal-gold-identifies-significant-growth-potential-wes

Publisher: tmx

Original announcement: 2023-09-07T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Signal Gold Inc.

- Ticker: SGNL

- Exchange: TSX

- Region: Nova Scotia

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-08-22 22:57:48 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Signal Gold has initiated drilling at the historic Dolliver Mountain Gold Mine following an IP survey that shows the Goldboro chargeability response extends 1.4km west. This exploration program aims to expand the near-surface gold resources along strike and at depth.

Reasoning: The announcement reports significant geophysical evidence \(IP survey\) extending the Goldboro chargeability response 1.4km west through a historic mine, justifying the initiation of a new drilling phase.

- Positive factor: geophysical extension of known mineralization

- Positive factor: proximity to existing resource

- Positive factor: historical mining context

Facts used in scoring: 2

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release is reviewed and approved by a Qualified Person \(P. Geo.\)

Evidence · text

> reviewed and approved by Paul McNeill, P. Geo., VP Exploration with Signal Gold Inc., a "Qualified Person"

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: IP survey demonstrates chargeability response continues westward for 1.4km

Evidence · text

> demonstrates that the chargeability response coincident with the Goldboro Deposit continues westward for at least 1.4 kilometres

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/correcting-and-replacing-signal-gold-identifies-significant-growth-potential-wes--c3be0cdc-e8c3-48bc-8cb0-20b41c38db6e#fact-drill-facts-0)

Goldboro Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Goldboro Project
- Commodity: gold
- Region: canada\_ns
- Reported Region: Nova Scotia
- Ticker: SGNL

#### Geometry

- Grade: 20.59
- Grade Unit: g/t
- Intercept: 3 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-02-01T00:00:00.000Z

#### Dates

- Event date: 2023-09-07T00:00:00.000Z

Reasoning: 20.59 g/t over 3.0m is a strong intercept, though noted as a historical result from February 2023.

- Positive factor: high grade

Evidence · text

> intercepts of 20.59 g/t Gold over 3.0 metres

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/correcting-and-replacing-signal-gold-identifies-significant-growth-potential-wes--c3be0cdc-e8c3-48bc-8cb0-20b41c38db6e#fact-drill-facts-1)

Goldboro Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Goldboro Project
- Commodity: gold
- Region: canada\_ns
- Reported Region: Nova Scotia
- Ticker: SGNL

#### Geometry

- Grade: 7.29
- Grade Unit: g/t
- Intercept: 2.5 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-02-01T00:00:00.000Z

#### Dates

- Event date: 2023-09-07T00:00:00.000Z

Reasoning: 7.29 g/t over 2.5m is a solid intercept, but noted as a historical result from February 2023.

- Positive factor: above threshold

Evidence · text

> 7.29 g/t Gold over 2.5 metres

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.