GOLD Mineralized Zones at Signature’S Lingman Lake Property Respond to Geophysical Survey
SIGNATURE RESOURCES LTD.
GOLD MINERALIZED ZONES AT SIGNATURE’S LINGMAN LAKE PROPERTY RESPOND TO
GEOPHYSICAL SURVEY
FOR IMMEDIATE RELEASE May 2, 2018
Toronto, Ontario, May 2, 2018 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) ("Signature" or the
"Company ") is pleased to announce that preliminary interpre tation of the recently completed Terraquest airborn e
geophysical survey shows that the gold mineralized zones at Lingman Lake display correlation to both t he magnetic
and electromagnetic components of the survey. In Ap ril of 2017, the Company staked an additional 9,280 hectares
along the greenstone belt. The results of the geop hysical survey strengthens the original thesis, whi ch led the
Company to stake an additional 3,099.2 hectares as announced on April 30, 2018.
Jeremy S. Brett of MPH Consulting Limited states, “ Magnetic and digital Matrix VLF-EM data were acquir ed using
a 50 meter line-spacing and a ground clearance of 70-80 meters. The final airborne data was compared with historical
drilling and mining data for the property. The air borne data was high-quality and very suitable for g old exploration.
Known gold mineralization in East-West vein systems at the Lingman Gold Zone are clearly associated wi th strong
VLF conductors in two of the VLF Channels used. Approximately 16 kilometers of Priority Target Horizons for gold
mineralization have been identified, based on the M agnetic and Matrix VLF-EM data, using a model of VL F
conductors coincident with the contacts of linear m agnetic bodies within the known volcanic rocks. Fur ther
interpretation work is underway to determine the potential for structures away from the main target zones”.
An image of the reconstructed total field magnetics from the airborne survey is presented below highlighting key areas
identified:
“We are very excited by these results. The correlat ion of the Lingman Lake gold zones to Magnetic and VLF-EM
components establishes a signature, which can now b e applied across the entire Lingman Lake property. We already
have 12 high priority targets identified in the 16 kilometer trend and the potential for identifying t argets outside this
trend is very high. Furthermore, the survey clearly demonstrates that the structures associated with gold mineralization
within the immediate mine area at Lingman Lake extend beyond current known limits. The next step would be follow-
up on these extension to isolate drill targets as w ell as ground evaluation of the 12 high priority ta rgets. Clearly, the
property has developed to a district exploration pl ay which only bodes well for discovering new minera lized zones”,
commented Walter Hanych, President and CEO of Signa ture Resources.
The Company’s current land package is as per below:
Qualified Persons
The scientific and technical content of this press release has been prepared, reviewed and approved by Jeremy S. Brett,
P.Geo., Senior Geophysical Consultant with MPH Cons ulting Limited, an established international explor ation and
mining consulting company with its head office in T oronto, Ontario, and Walter Hanych P.Geo., Presiden t-CEO of
Signature Resources. Both are Qualified Persons as defined in National Instrument 43-101 - Standards of Disclosure
for Mineral Projects .
About Signature
The Lingman Lake gold property consists of four fre e hold patented claims and 762 single cell staked c laims,
comprising 15,096.3 hectares. The property hosts an historic estimate of 234,684 oz of gold* (1,063,90 4 tonnes
grading 6.86 g/t with 2.73 gpt cut-off) and include s what has historically been referred to as the Lin gman Lake Gold
Mine, an underground substructure consisting of a 1 26.5-meter shaft, and 3-levels at 46-meters, 84-met ers and 122-
meters depths.
*This historical resource estimate is based on prior data and reports obtained and prepared by previous operators, and information
provided by governmental authorities. A Qualified P erson has not done sufficient work to verify the cl assification of the mineral
resource estimates in accordance with current CIM categories. The Company is not treating the historical estimate as a current NI
43-101-compliant mineral resource estimate. Establi shing a current mineral resource estimate on the Li ngman Lake deposit will
require further evaluation, which the Company and i ts consultants intend to complete in due course. Ad ditional information
regarding historical resource estimates is availabl e in the technical report entitled, “Technical Repo rt on the Lingman Lake
Property” dated December 20, 2013, prepared by Walt er Hanych, P.Geo., and Frank Racicot, P.Geo., available on the Company’s
SEDAR profile at www.sedar.com
To find out more about Signature Resources Limited, visit our website at www. signatureresources .ca , or contact:
Walter Hanych
Chief Executive Officer
705.445.0184
Cautionary Notes
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains forward-looking statemen ts which are not statements of historical fact. For ward-looking
statements include estimates and statements that de scribe the Company’s future plans, objectives or go als, including
words to the effect that the Company or management expects a stated condition or result to occur. Forw ard-looking
statements may be identified by such terms as “beli eves”, “anticipates”, “expects”, “estimates”, “may” , “could”,
“would”, “will”, or “plan”. Since forward-looking s tatements are based on assumptions and address futu re events
and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based
on information currently available to the Company, the Company provides no assurance that actual results will meet
management’s expectations. Risks, uncertainties and other factors involved with forward-looking inform ation could
cause actual events, results, performance, prospect s and opportunities to differ materially from those expressed or
implied by such forward-looking information. Forwar d looking information in this news release includes , but is not
limited to, the Company’s objectives, goals or futu re plans, statements, exploration results, potentia l mineralization,
the estimation of mineral resources, exploration an d mine development plans, timing of the commencemen t of
operations and estimates of market conditions. Fact ors that could cause actual results to differ mater ially from such
forward-looking information include, but are not li mited to failure to identify mineral resources, fai lure to convert
estimated mineral resources to reserves, the inabil ity to complete a feasibility study which recommend s a production
decision, the preliminary nature of metallurgical t est results, delays in obtaining or failures to obt ain required
governmental, environmental or other project approv als, political risks, inability to fulfill the duty to accommodate
First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in
the future, changes in equity markets, inflation, c hanges in exchange rates, fluctuations in commodity prices, delays
in the development of projects, capital and operati ng costs varying significantly from estimates and t he other risks
involved in the mineral exploration and development industry, and those risks set out in the Company’s public
documents filed on SEDAR. Although the Company beli eves that the assumptions and factors used in prepa ring the
forward-looking information in this news release ar e reasonable, undue reliance should not be placed o n such
information, which only applies as of the date of t his news release, and no assurance can be given tha t such events
will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation t o update or
revise any forward-looking information, whether as a result of new information, future events or otherwise, other than
as required by law.