Signal Gold Inc. announced initial assay results from its exploration drilling program at the western extension of the Goldboro Deposit, which represents exciting growth potential at the Goldboro Project in Nova Scotia. The diamond drill program, which is now complete, comprises 5,179 metres of diamond drilling over 26 drill holes (BR-24-440 to -465), and was designed to extend near-surface mineral resources immediately west of the existing Goldboro Deposit . Geological modelling of the gold mineralization discovered in 2023 indicates the potential to delineate additional open-pit Mineral Resources and the potential for further gold discoveries.

The assay results from the first four drill holes of the program have intersected multiple, high-grade zones of gold mineralization along with 41 occurrences of visible gold. Assays are pending for all samples collected from drill holes BR-24-444 to -465 and will be reported as they become available.