Signature Provides Update ON Airborne Survey of Its Lingman Lake Property

SIGNATURE RESOURCES LTD.

SIGNATURE PROVIDES UPDATE ON AIRBORNE SURVEY OF ITS LINGMAN LAKE

PROPERTY

FOR IMMEDIATE RELEASE March 2, 2018

Toronto, Ontario, March 2, 2018 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) (" Signature" or

the " Company ") announces that due to weather conditions, the Co mpany has been delayed on flying the airborne

survey. Pending weather conditions the airborne su rvey of its Lingman lake property is set to commenc e. The

airborne survey conducted by Teraquest Ltd. is comp rised of the acquisition of data using high resolut ion magnetics

and digital matrix VLF EM. It will be flown over th e majority of Signature’s 9,896.8 hectare property.

“Over the past few months, challenging weather cond itions in the region impacted our scheduling, howev er, with

improving weather, we will be taking advantage of e very window that opens up. We are very excited by t his survey

and its implications to discovering new mineralized systems within the Lingman lake greenstone belt. N ot only will

the response signatures of the gold mineralized zon es serve to provide a base-line for investigating t he strike

extension of these zones, well beyond their current footprint, they will also serve as a model for pri oritizing high

target areas outside the main Lingman lake gold zon es”, commented 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 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

705.446.5379

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, use of proceeds of the Financing, closi ng of additional tranches pursuant to the Financing and proceeds

therefrom, the Company’s objectives, goals or futur e plans, statements, exploration results, potential 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 changes in general economic and financial market

conditions, failure to identify mineral resources, failure to convert estimated mineral resources to r eserves, the

inability to complete a feasibility study which rec ommends a production decision, the preliminary natu re of

metallurgical test results, delays in obtaining or failures to obtain required governmental, environme ntal or other

project approvals, political risks, inability to fu lfill the duty to accommodate First Nations and oth er indigenous

peoples, uncertainties relating to the availability and costs of financing needed in the future, chang es in equity

markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects,

capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration

and development industry, and those risks set out i n the Company’s public documents filed on SEDAR. Al though the

Company believes that the assumptions and factors u sed in preparing the forward-looking information in this news

release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of

this news release, and no assurance can be given th at such events will occur in the disclosed time fra mes 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.