If I was doing this, I'd try with a more standard monitor, up to full HD and connected via DVI.I'm currently trying to install El Capitan on a hdd using the working 5,1 with the gt120 installed. It's doing something I suddenly recognized from earlier in the process of troubleshooting. It shows the apple logo, starts to go through the progress bar, gets halfway through, goes to black screen and then nothing else after that. My computer monitor generally goes to sleep in 10 seconds if it doesn't detect a video signal, after halfway through the apple logo progress bar when the screen goes to black, my monitor acts as if it intermittently detects a video signal and never goes to sleep. My monitor is an ultrawide 2650x1080 resolution screen. Could this have something to do with the video suddenly going out? The initial apple logo progress screen fills the entire screen until it goes black. And finally after about 10 minutes of black screen, the mac pro goes to sleep with the fading in and out power led. When I wake it, still black screen but video signal detected like before.
Side note: Please bear with me if I make mistakes or misremember something. I've had a brain injury and a large portion of my short term memory is non-functional. I usually take notes to help me remember my progress in things, but didn't expect this to be such an adventure as I'm fairly sure I've done this process in the past successfully, but not positive. Anyway, it becomes difficult to remember what I've tried and haven't tried but sometimes when you guy ask a question it sparks a memory. I've started taking notes of what I've tried now though.
NVIDIA GT 120 was already old when Apple released it with MP4,1, back in 2009 - GT120 it's a 9500GT rebadged. Several ultra wide monitors don't work at all with a GT120, my son LG 28M58-P don't work with this ancient GPU.