Signature Resources’ Drill Hole 18-03 Intersects North Zone Along Significant Lengths
SIGNATURE RESOURCES LTD.
SIGNATURE RESOURCES’ DRILL HOLE 18-03 INTERSECTS NORTH ZONE ALONG
SIGNIFICANT LENGTHS
FOR IMMEDIATE RELEASE September 10, 2018
Toronto, Ontario, September 10, 2018 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) ("Signature"
or the " Company ") is pleased to announce that drill hole 18-03 targeting the North Zone of mineralization at Lingman
Lake has intersected two sections of variably alter ed and sheared rock. Visual examination of the core reveals that
the zones are a bleached, moderately to highly sili cified and carbonatized, variably pyritic and highl y foliated rock.
The foliation is the result of high shear strain, w hich is an environment conducive to fluid movement and possible
gold mineralization.
“As our drill program continues, initial core obser vations reveal numerous characteristics which are t ypically
associated with gold and which have historically been reported with identified zones. Hole 18-03 is just one example,
we are very excited as the observed alteration and deformation of the rocks indicate widespread and ac tive plumbing
and deformation events which are conducive to gold mineralization.”, commented Walter Hanych, Presiden t and CEO
of Signature Resources.”
Mr. Hanych continued, “We have completed 8 holes of our 12 hole program and are on schedule to complete the drill
program by mid-month The core is being processed an d upon completion selected half cut core samples wi ll
transported to SGS’s Laboratory in Red Lake, Ontari o for assaying.”
The following intersections have been observed: Met erage is measured down hole and reflects core inter val. The
hole was drilled at an azimuth of 360 degrees, (tru e north) and at a -45 degree dip angle to intersect steeply south
dipping (70-80 degree) east-west striking lithologi cal-deformational trends.
The main rock types are massive mafic volcanics wit h some intermediate (composition) feldspar porphyry . These
volcanics have been strongly altered (variably sili cified, chloritized, carbonatized +/- epidote) and variably sheared
in the following zones:
44.35 - 53.55 meters (9.20-meter length); with up t o 5% pyrite in the upper and lower 2 to 3-meter sho ulders of the
section. See image below of this intercept.
64.47 - 77.23 (12.76-meter length); very chloritic with pervasive carbonate and brecciated appearance with 5% pyrite
in upper <1 meter of the intersection.
Image of core run for hole 18-03 showing intersection of North Zone between 44.35 and 53.55 meters down the hole.
See description above. Photo taken on site at Lingman Lake mine, September 8 th , 2018.
The drill hole pierced the North Zone about 10 to 1 6 meters below the 150 Level drift (46-meter depth, east-west
underground tunnel) of the mine. The intercept is b elow a 41-meter length of this drift, which histori cal records
indicate averaged 15.4 grams of gold per tonne.
Qualified Persons
The scientific and technical content of this press release has been prepared, reviewed and approved by John Siriunas,
P.Eng., Associate Independent Consultant with Carac le Creek International Consulting Ltd., and is the program site
geologist, and by Walter Hanych, P.Geo., President- CEO of Signature Resources. Both are Qualified Pers ons as
defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects .
About Signature
The Lingman Lake gold property consists of four fre e-hold patented claims and 762 single-cell staked c laims,
comprising a total of 15,096.3 hectares. The proper ty hosts an historical estimate of 234,684 oz of go ld* (1,063,904
tonnes grading 6.86 g Au/t at a 2.73 g Au/t cut-off) and includes what has historically been referred to as the Lingman
Lake Gold Mine, an underground substructure consist ing of a 126.5-meter shaft and three levels of deve lopment at
depths of 46 m (150 Level), 84 m (275 Level) and 12 2 m (400 Level).
*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.