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SGU.V ·

Signature Increases Land Position BY over 1,500% BY Staking 38 Claims Along Regional 22 Kilometer Favourable GOLD Trend

Mergers & Acquisitions Property Options & Staking

SIGNATURE RESOURCES LTD.

SIGNATURE INCREASES LAND POSITION BY OVER 1,500% BY STAKING 38 CLAIMS ALONG

REGIONAL 22 KILOMETER FAVOURABLE GOLD TREND

FOR IMMEDIATE RELEASE April 11, 2017

Toronto, Ontario, April 11, 2017 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) (" Signature" or

the " Company ") is pleased to announce that it has staked 38 cla ims totaling 9,280 hectares. The Company is aware

of numerous mineral occurrences throughout the new staked claims, including one area with over 40 repo rted

occurrences.

“This 1,500% increase in our land position is an ex citing acquisition for Signature Resources. The la nd package

includes numerous mineral occurrences that have bee n under-explored. Beyond the known occurrences, the contact

zone and regional structural settings have never been adequately assessed for gold mineralization. We intend to explore

these regional geologic features with state of the art methods, which includes vectoring by geophysics , geochemistry

and geological modelling”, commented Walter Hanych, President and CEO of Signature Resources.

Exhibit: Lingman Lake Property Map, by Walter Hanych P.Geo, April 10, 2017.

The new claims were staked along a 22 kilometer gol d trend. The trend is defined by the contact betwee n volcanic

and granitic rocks along the north margin of the Li ngman Lake Greenstone belt. The Lingman Lake gold d eposit,

known as the Lingman Lake Gold mine, which Signatur e is currently actively exploring and developing an d which

hosts an historic estimate of 234,684 oz of gold, is associated with this contact.

The area with over 40 reported mineralized occurren ces is located 15-kilometers west of Signature’s Li ngman Lake

Gold Mine property. Numerous blast trenches and limited drilling have been performed in the past in this area. Gold,

silver, molybdenite, galena, chalcopyrite and sphalerite mineralization have been reported from these occurrences.

With this acquisition, Signature land holding amounts to 9,896.8 hectares of land available for gold exploration within

the Lingman Lake Greenstone Belt.

Exploration Plan for 2017

The Company will be continuing to review historical assessment filings, among other data available on the claims that

have been staked. This additional data will be con sidered as the Company works through its 2017 explo ration plan

which can be found in the investor presentation on the Company’s website.

Qualified Persons

The scientific and technical content of this press release has been prepared, reviewed and approved by Walter Hanych

P.Geo. and President-CEO of Signature Resources who is a Qualified Person as defined in National Instr ument 43-

101 - Standards of Disclosure for Mineral Projects .

About Signature

The Lingman Lake gold property consists of four fre e hold patented claims and the fifty staked claims, comprising

9,896.8 hectares. The property hosts an historic es timate of 234,684 oz of gold* (1,063,904 tonnes gra ding 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 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.