Signal Gold registers the Golboro Gold Project for an environmental assessment – Low Calorie Diets Tips

TORONTO, ON / ACCESSWIRE / June 13, 2022 / Signal Gold Inc. (“Signal Gold” or the “Company”) (TSX:SGNL)(OTCQX:SGNLF) is pleased to announce that the Environmental Impact Assessment (“EA”) for the Goldboro Gold Project was completed on June 10, 2022 Registered with the Nova Scotia government, beginning the 50-day EA review period. The EA will facilitate verification of the project as a Class I entity under applicable environmental assessment requirements of the Nova Scotia Environment Act.

“We are pleased to announce the registration of the EA for the Goldboro Gold Project, the culmination of significant efforts by the Company and its team of expert consultants to identify, evaluate and develop plans to mitigate potential adverse environmental impacts of the project Over the past five years, Signal Gold has extensively collected and analyzed baseline environmental data for the proposed project area and engaged in significant community and Mi’kmaq engagement and consultation. The resulting EA outlines a robust project with tremendous socio-economic benefits to the community and the Province that minimizes environmental impact, recognizes Aboriginal rights and Mi’kmaq priorities, honors community priorities and also delivers long-term value for Signal Gold’s shareholders.”

~Kevin Bullock, President and CEO, Signal Gold Inc.

All stakeholders interested in the project have until July 10, 2022 to read and send comments to the Department of Environment and Climate Change. The EARD is available on the Department of Environmental Assessment’s website at https://www.novascotia. ca/nse/ea/. The registration of the EA also marks the start of a 30-day crown consultation with Nova Scotia’s Mi’kmaq. The Company initiated an early engagement and proactive information exchange with the Mi’kmaq of Nova Scotia and has taken into account Mi’kmaq’s cultural and environmental priorities in developing the project.

Following the EA review process, the Minister for Environment and Climate Change is expected to provide further guidance in relation to the project by 30 July 2022.

ABOUT SIGNAL GOLD

Signal Gold is a TSX and OTCQX listed gold mining, development and exploration company focused on Canada’s premier mining districts of Nova Scotia and Newfoundland. The Company is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive feasibility study (see “NI 43-101 Technical Report and Feasibility Study for the Goldboro Gold Project, Eastern Goldfields District, Nova Scotia”) January 11, 2022 , for more details). Signal Gold also operates mining and milling operations in the prolific Baie Verte mining district of Newfoundland, which includes the fully permitted Pine Cove mill, tailings facility and deepwater port, and approximately 15,000 hectares of highly prospective mineral properties, including those adjacent to the past-producing, high-grade mine Nugget Pond on their Tilt Cove gold project.

FORWARD LOOKING INFORMATION

This press release contains “forward-looking information” within the meaning of applicable Canadian and US securities laws. Forward-looking information includes, among other things, information relating to the Offering, the use of proceeds and the TSX’s acceptance of the Offering. Generally, forward-looking information is identified by the use of forward-looking terms such as “plans”, “expects” or “does not expect”, “expects”, “budget”, “planned”, “estimates”. , “anticipate”, “intend”, “anticipate” or “not anticipate” or “believe” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”. ‘, ‘could’ or ‘will be taken’, ‘occurrence’ or ‘achieved’. Forward-looking information is based on the opinions and estimates of management at the time the information is released and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results of Signal’s activities, performance or achievements gold may differ materially from those expressed or implied by such forward-looking information, including risks associated with exploration, development and mining, such as economic factors as they affect exploration, future commodity prices and changes in foreign exchange and interest rates, actual results of ongoing production, Development and exploration activities, governmental regulation, political or economic developments, environmental risks, permitting schedules, capital expenditures, operational or technical difficulties in Verbi development activities, employee relations, the speculative nature of gold exploration and development, including the risks of decreasing resource levels, land ownership disputes and changes in project parameters as plans continue to be refined, and the risk factors identified in Signal Gold’s annual information form for the year ended December 31, 2021 available at www.sedar.com. Although Signal Gold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended . There can be no assurance that this information will prove to be accurate as actual results and future events could differ materially from those anticipated in this information. Accordingly, readers should not place undue reliance on forward-looking information. Signal Gold undertakes no obligation to update any forward-looking information except in accordance with applicable securities laws.

FOR ADDITIONAL INFORMATION CONTACT:

SOURCE: Signal Gold Inc.

View source version on accesswire.com:
https://www.accesswire.com/704849/Signal-Gold-Registers-The-Golboro-Gold-Project-For-Environmental-Assessment

Leave a Comment