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SGU.V ·

Signature Resources Announces Update to Its Ongoing Diamond Drill Program of the Lingman Lake GOLD Property

Exploration Programs

SIGNATURE RESOURCES LTD.

SIGNATURE RESOURCES ANNOUNCES UPDATE TO ITS ONGOING DIAMOND DRILL

PROGRAM OF THE LINGMAN LAKE GOLD PROPERTY

FOR IMMEDIATE RELEASE September 6, 2018

Toronto, Ontario, September 6, 2018 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) ("Signature"

or the " Company ") is pleased to announce that six diamond drill ho les totaling approximately 600 meters have

been completed at its Lingman Lake gold property, l ocated in northwestern Ontario.

The drill program which is being conducted on its p atented claims is targeting the known gold zones at various

depths and strike intervals. The core from these ho les is currently being processed, which includes; t otal core

photography, geotechnical RQD and core recovery, ge ological logging, sample interval determination and cutting.

“We look forward to receiving the results from the core processing. This is the first time that our te chnical team

will capture information from new core and providin g us with observations and sample intervals on whol e core”,

commented Walter Hanych, President and CEO of Signa ture Resources.

About Signature

The Lingman Lake gold property consists of four fre e hold patented claims and 762 single cell staked c laims. Total

land package amounts to 15,372.3 hectares. 275.5 he ctares of the property total include 14 mineral rig hts patents..

The property hosts an historic estimate of 234,684 oz of gold* (1,063,904 tonnes grading 6.86 g/t with 2.73 gpt cut-

off) and includes what has historically been referr ed to as the Lingman Lake Gold Mine, an underground

substructure consisting of a 126.5-meter shaft, 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 i nherent risks and uncertainties. Although these sta tements are

based on information currently available to the Com pany, the Company provides no assurance that actual results

will meet management’s expectations. Risks, uncerta inties and other factors involved with forward-look ing

information could cause actual events, results, per formance, prospects and opportunities to differ mat erially from

those expressed or implied by such forward-looking information. Forward looking information in this ne ws release

includes, but is not limited to, the Company’s obje ctives, goals or future plans, statements, explorat ion results,

potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the

commencement of operations and estimates of market conditions. Factors that could cause actual results to differ

materially from such forward-looking information in clude, but are not limited to failure to identify m ineral

resources, failure to convert estimated mineral res ources to reserves, the inability to complete a fea sibility study

which recommends a production decision, the prelimi nary nature of metallurgical test results, delays i n obtaining or

failures to obtain required governmental, environme ntal or other project approvals, political risks, i nability to fulfill

the duty to accommodate First Nations and other ind igenous peoples, uncertainties relating to the avai lability and

costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rat es, fluctuations

in commodity prices, delays in the development of p rojects, capital and operating costs varying signif icantly from

estimates and the other risks involved in the miner al exploration and development industry, and those risks set out in

the Company’s public documents filed on SEDAR. Alth ough the Company believes that the assumptions and factors

used in preparing the forward-looking information i n this news release are reasonable, undue reliance should not

be placed on such information, which only applies a s of the date of this news release, and no assuranc e can be given

that such events will occur in the disclosed time f rames or at all. The Company disclaims any intentio n or obligation

to update or revise any forward-looking information , whether as a result of new information, future ev ents or

otherwise, other than as required by law.