Signal Gold Inc. announced the final diamond drill results from the Company's growth exploration program at the Goldboro Project in Nova Scotia. The remaining diamond drill results are from 3,813 metres of drilling in 19 diamond drill holes that targeted near surface gold mineralization west of the Goldboro Mineral Resource and immediately to the east of the past producing Dolliver Mountain Gold Mine. The results included thirteen instances of visible gold and 74 separate intersections of gold mineralization (Exhibits B and C), all located within the same anticline which hosts the Goldboro Deposit.

These drill results are part of the larger growth exploration program in 2023 which comprised 11,435 metres in 61 diamond drill holes, focused on the discovery of gold mineralization to the west and along strike of the Goldboro Mineral Resource. A vertical longitudinal section through the west end of the Goldboro Deposit and including the area of the recent drill program. The drill program demonstrates that the structure that hosts the Goldboro Deposit and the same style of alteration and mineralization exist west of previous drill sections showing that the Deposit has the potential to be expanded westward.

The drill results from Dolliver Mountain are significant in that they demonstrate potential for discovery of additional gold mineralization down-plunge to the east beneath the current defined Goldboro Deposit.