Signal Gold Inc. announced that it has been notified that the documentation required for the Schedule 2 Amendment of the Metal and Diamond Mining Effluent Regulations ("MDMER") for the Goldboro Project in Nova Scotia, namely the Assessment of Alternatives ("AA") Report and the Fish Habitat Compensation Plan ("FHCP"), have been reviewed and have been recommended for Indigenous and public Consultations by both Environment and Climate Change Canada ("ECCC") and the Department of Fisheries and Oceans ("DFO"). This follows on the previous update by the Company, with respect to the advancement of permitting activities, whereby it achieved several key milestones to advance the Goldboro Project, including the submission of the Mineral Lease Application, the Industrial Approval Application, and the Fisheries Act Authorization. The Goldboro Project previously received its Environmental Assessment approval from the Nova Scotia Minister of Environment and Climate Change on August 3, 2022.