Signature Announces High Grade Targets; Updated Investor Presentation ON Corporate Website
SIGNATURE RESOURCES LTD.
SIGNATURE ANNOUNCES HIGH GRADE TARGETS; UPDATED INVESTOR
PRESENTATION ON CORPORATE WEBSITE
FOR IMMEDIATE RELEASE February 15, 2017
Toronto, Ontario, February 15, 2017 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) ("Signature"
or the " Company ") is pleased to announce that the Company has post ed an updated investor presentation,
highlighting the exploration potential of the Lingm an Lake gold deposit, on its corporate website whic h is available
at www.signatureresources.ca .
“The 28.51 gpt gold average derived from raise samp ling suggests high grade gold values occur within
the North zone, which will serve to provide immedia te target areas for drill testing in the multiple v ein
layered system. This target area, which will be eva luated by future drilling, may significantly expand
the gold zones, which remain open along strike and at depth”, commented Walter Hanych, President
and CEO.
The investor presentation includes a current update of the Company, including details of the historica l core assays
that were recently completed. Incorporated into thi s presentation is a table of underground drift and raise sampling
compiled from information derived from archival doc uments submitted as ‘Reports to Shareholders’ in th e period
1946 to 1948. The gold mineralized zones of the Lin gman Lake deposit, identified by this sampling, ill ustrate the
high-grade nature of the gold deposit. Of particula r note, are the gold grades obtained from the 2101 raise, North
Zone, a 1.3 meter square access-way that was driven upward from the 275L to the 150L. Throughout its l ength of
30.5 meters and its encompassing volume within the zone, the raise averaged 28.51 gpt gold.
The results of this historic sampling,1946-1948 Und erground Sampling, are tabled below:
Source: Annual reports to shareholders, Lingman Lake Gold Mines Limited, by M. Smerchanski, 1946-1948.
Note on widths: Reported widths are restricted to actual drift widt hs employed at the time of deposit development in t he period 1946-1948.
Walter Hanych P.Geo., President and CEO of Signatur e Resources is a Qualified Person as defined by
NI43-101 and is responsible for the technical information in this release.
About Signature
ZONE LEVEL SECTION DESCRIPTIONS LENGTH WIDTH GRADE
meters meters gpt
NORTH 150L drift "A"East Portion (North zone B) eas t of x-cut 43.28 1.40 12.0
150L drift "B" West Portion (North zone B) east o f x-cut 41.15 1.74 15.4
NORTH 275L drift "A" East portion (North Zone B) de pth extension of "A" from 150L 36.58 1.68 28.8
NORTH 150-275L 2101 raise 275L to 16.76 m above (in feldspar porphyry) 16.76 1.31 33.9
2101 raise 16.75 m to 150L (in feldspar porphyr y) 13.72 1.31 21.9
CENTRAL 275L drift footwall (Central zone B) 9m sou th of shaft 54.86 0.73 10.6
400L drift footwall (Central zone B) south of sha ft, east of x-cut 18.29 1.46 13.0
400L drift hangingwall (Central zone A) east of x -cut (visible gold encountered) 42.67 1.25 11.3
SOUTH 275L drift footwall (South zone B) west of x- cut 21.34 1.52 12.7
The Lingman Lake gold property consists of four free hold patented claims and the twelve staked claims, comprising
616.8 hectares. The property hosts an historic estimate of 234,684 oz of gold* and includes what has historically been
referred to as the Lingman Lake Gold Mine, an under ground substructure consisting of a 126.5-meter sha ft, and 3-
levels at 46-meters, 84-meters 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.