Signature’S Historic GOLD Assays Reaffirmed; Should Result IN a Significant Cost Savings and Expedite a Resource Estimate
SIGNATURE RESOURCES LTD.
SIGNATURE’S HISTORIC GOLD ASSAYS REAFFIRMED; SHOULD RESULT IN A SIGNIFICANT
COST SAVINGS AND EXPEDITE A RESOURCE ESTIMATE
FOR IMMEDIATE RELEASE March 2, 2017
Toronto, Ontario, March 2, 2017 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) (" Signature" or
the " Company ") is pleased to announce that it has received the Quality Assurance – Quality Control report prepared
by Caracle Creek International Consulting Ltd on th e assay results of Signature’s 2016 re-sampling pro gram. In her
concluding opinion Dr. J. Selway, Ph.D. states; “In the Qualified Person’s opinion, the assay data is adequate for the
purpose of verification of historic drill core assa ys and for future resource estimation calculations” .
“We are extremely pleased with the strong correlati on from the sampling program and the expected
savings that we will have thanks to its success. Al l of the historic assays, including those that were not
resampled, for a total of 25,000 meters will be mes hed with future core assays when working towards
a defined resource. This allows us to direct future drill programs on expansion drilling versus
twinning, resulting in significant savings”, commen ted Walter Hanych, President and CEO.
From the report. “A total of 450 core duplicate pai rs were plotted of which 9 duplicate pairs were con sidered to be
“failed” duplicates due to the significant differen ce between the two Au assays. The linear regression line through the
passed duplicated has R 2 = 0.940. The significant absolute pair difference is more likely due to gold nugget effect than
analytical error, as the dissimilar pairs are high grade Au samples with > 2 g/t Au. The dissimilar pairs represent 2.0%
of the core duplicate pairs which the QP considers to be an excellent correlation between the historic and 2016 Au
assays”.
The complete report titled, “QA/QC Report for the R esampling of Historic Drill Core, Lingman Lake”, is available
for viewing on the company’s website: www.signatureresources.ca .
Qualified Persons
The scientific and technical content of this press release has been prepared, reviewed and approved by Dr. J. Selway
P.Geo. of Caracle Creek International Consulting Lt d. who is a Qualified Person as defined in National Instrument
43-101 - Standards of Disclosure for Mineral Projects .
About Signature
The Lingman Lake gold property consists of four free hold patented claims and the twelve staked claims, comprising
606.8 hectares. 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 referred 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 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.