Signature Commissions Airborne Survey of Its Lingman Lake Property

SIGNATURE RESOURCES LTD.

SIGNATURE COMMISSIONS AIRBORNE SURVEY OF ITS LINGMAN LAKE PROPERTY

FOR IMMEDIATE RELEASE November 8, 2017

Toronto, Ontario, November 8, 2017 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) ("Signature"

or the " Company ") is pleased to announce that it has commissioned Teraquest Ltd. to undertake an airborne survey

of its Lingman lake property. The survey which will cover the majority of Signature’s 9,896.8 hectare property will

comprise of the following components; high resoluti on aeromagnetics, digital matrix VLF-EM and pending snow

conditions radiometrics.

“We are very excited about this survey and its impl ications to discovering new mineralized systems wit hin the

Lingman lake greenstone belt. Not only will the res ponse signatures of the gold mineralized zones serv e to provide

a base-line for investigating the strike extension of these zones, well beyond their current footprint , they will also

serve as a model for prioritizing high target areas outside the main Lingman lake gold zones”, comment ed Walter

Hanych, President and CEO.

About Signature

Signature’s Lingman Lake gold property consists of four free hold patented claims and the 50 staked cl aims, totaling

9,896.8 hectares. The property hosts an historic es timate of 234,684 oz. of gold* (1,063,904 tonnes gr ading 6.86 g/t

with 2.73 gpt cut-off) and includes what has histor ically been referred to as the Lingman Lake Gold Mi ne, an

underground substructure consisting of a 126.5-mete r shaft, and 3-levels at 46-meters, 84-meters and 1 22-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 Person has not done sufficient work to v erify the

classification of the mineral resource estimates in accordance with current CIM categories. The Compan y is not

treating the historical estimate as a current NI 43 -101-compliant mineral resource estimate. Establish ing a current

mineral resource estimate on the Lingman Lake depos it will require further evaluation, which the Compa ny and its

consultants intend to complete in due course. Addit ional information regarding historical resource est imates is

available in the technical report entitled, “Technical Report on the Lingman Lake Property” dated December 20, 2013,

prepared by Walter Hanych, P.Geo., and Frank Racico t, 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.