Signature Resources’ Year End Letter to Shareholders
SIGNATURE RESOURCES LTD.
SIGNATURE RESOURCES’ YEAR END LETTER TO SHAREHOLDERS
FOR IMMEDIATE RELEASE January 7, 2019
Toronto, Ontario, January 7, 2019 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) ("Signature" or
the "Company") CEO, Walter Hanych has issued a letter to the shareholders of the Company.
Dear Signature Shareholders,
On behalf of management and personally, I would like to thank you for your years of support and loyalty. Over the past
years, risk capital has largely ignored the resource sector and the funding of mineral exploration projects, regardless of
their caliber. Signature is very fortunate that its message is being heard and has attracted investors that recognize the
potential of Signature’s Lingman Lake gold project. Your support and encouragement have been more than appreciated
and has reinforced our commitment to you to develop the Lingman Lake Gold project to a significant gold asset.
I would like to thank our team and acknowledge their success, under challenging market conditions, in raising the funds
which has allowed us to advance the Lingman Lake project over the past 3 fiscal years, achieving some major milestones:
• 2016 – raised $1,066,338. Allowed the company to su ccessfully complete a program of archived core
evaluation. The program achieved a 94% correlation of duplicate core sampling comparing historical sample
results to 2017 sampling. This high correlation allows the company to incorporate historical drill results into a
current resource model.
• 2017 – raised $321,496. Allowed the company to comp lete a high resolution Matrix VLF-EM and Magnetic
survey from which 18 high priority targets contained in two separate horizons were identified. The company
also completed a major land acquisition by boots on the ground staking resulting in a significant increase in its
land position.
• 2018 – raised $2,259,108. Allowed the company to su ccessfully complete a 1,500 meter drill program and
establish an all season exploration camp. The drill program successfully tested the known gold zones for grade
and dimension, returning higher grades and in some cases wider dill intercepts. A program of map staki ng
allowed the Company to increase its land position by 158 cells or 3,160 hectares, and through an acqui sition
agreement the company acquired 14 mineral rights pa tented claims west of the Lingman Lake mine adding
another 275 hectares to its land position.
As we move forward into 2019, our primary focus will be drilling the West, North, Central and South zones, to expand
the known gold zones sufficiently to commission a resource model. We are confident that future drilling will expand the
historic resource estimate of 234,000 oz of gold by zone enhancement through grade improvement and zone definition.
The secondary objective will on a regional scale; to put boots on the ground this summer and evaluate the gold potential
of two horizons defined by geophysics, which contain 18 high priority targets.
Shareholders have expressed their concerns of a lack of information during the long intervals between programs, and
although this may to lead to the perception that little is going on, the reality is far different. Every day we work diligently
on project data construction, project planning, marketing and funding opportunities. Having said this, in 2019 we expect
to be much more active in the field, so news flow should be more regular.
The Signature team is very confident that 2019 will be a year of continued advancement of the Lingman Lake gold
project, and from the Signature team we wish all our shareholders, consultants and contractors a happy New Year of joy,
health and prosperity.
About Signature
The Lingman Lake gold property, located in northwes tern Ontario in the Red Lake Mining District consis ts of four
free-hold full patented claims, 14 mineral rights patented claims and 771 single-cell staked claims, comprising a total
of approximately 15,774 hectares. The property hosts an historical estimate of 234,684 oz of gold* (1,063,904 tonnes
grading 6.86 g Au/t at a 2.73 g Au/t cut-off) and i ncludes what has historically been referred to as t he Lingman Lake
Gold Mine, an underground substructure consisting o f a 126.5-meter shaft and three levels of developme nt at depths
of 46 m (150 Level), 84 m (275 Level) and 122 m (40 0 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.