Signature Resources Ltd. is pleased to announce gold assay results from its Exploration Program conducted in September, 2020. During this short, successful, helicopter supported program 92 grab samples were collected and assayed, from 5 separate target areas, by a team of two professional geologists, one geo-technician and one prospector. From the 92 samples, 14 assayed above 0.1 g/t Au, with values ranging from 2.117 to [...]
Signature Resources Ltd. is pleased to announce that it has successfully completed its two part field program and has demobilized its field crew from its Lingman Lake gold property in northern Ontario. The program focused on a borehole survey and a geological field program that sets up Signature Resource for a productive 2021 exploration program. Part 1: Borehole Survey The first phase of this program was to undertake [...]
Signature Resources Ltd. is pleased to announce that it has completed its two component field program with the crew it mobilized to its Lingman Lake gold property in northern Ontario in August. The first component of this program was to undertake borehole north-seeking gyro surveys of 104 holes drilled in the late 1980’s. This information will be extremely useful in calculating a new, more accurate resource model and [...]
Signature Resources Ltd. is pleased to announce the closing of the second and final tranche of its non-brokered private placement announced on August 17, 2020 . In the Second Tranche, the Company raised an additional $375,000 by issuing 5,924,000 hard dollar units at a price of $0.05 per HD Unit and 1,313,334 flow-through units at a price of $0.06 per FT Unit, resulting in $1,545,034 of aggregate gross proceeds of the [...]
Signature Resources Ltd. is pleased to announce the closing of the first tranche of the non-brokered private placement announced on August 17, 2020 . In this first tranche, the Company raised aggregate gross proceeds of $1,170,034 by issuing 22,560,686 hard dollar units at a price of $0.05 per HD Unit and 700,000 flow-through units at a price of $0.06 per FT Unit. The Company expects to close on the balance of the [...]
Signature Resources Ltd. is pleased to announce that it will conduct a non-brokered private placement , subject to the approval of the TSX Venture Exchange , for aggregate gross proceeds of up to $1,500,000. The Offering will consist of non-flow-through units at a price of $0.05 per NFT Unit, and flow-through units at a price of $0.06 per FT Unit. “As markets react to geopolitical events and the global pandemic, the [...]
Signature Resources Ltd. announces that the company has acquired by staking 5 kilometers of the eastern portion of the Lingman Lake greenstone belt covering its northern and eastern contact. “The 102 cells that were staked over the eastern portion of the Lingman Lake greenstone are important because the Lingman Lake gold mine is associated with this contact. This staking has increased the strike length of the favorable [...]
Signature Resources Ltd. is pleased to announce the commissioning of a detailed interpretation of its geophysical surveys. “We are excited that we will be undertaking a detailed technical interpretation of the airborne geophysical surveys in relation to structural controls. This is important because many Archean lode gold deposits have a strong linear structural control with associated splays which contain zones of gold [...]
Signature Resources Ltd. first and foremost; to our friends and families, shareholders, First Nations communities, contractors, suppliers and colleagues, during these extraordinary, changing times as we all adjust to the new reality imposed by COVID-19, we hope that you stay well, be attentive and safe guard your loved ones. Project Development – Camp, Drilling and Exploration The Company is pleased to announce that it [...]
Signature Resources Ltd. announces the filing of a new Technical Report in accordance with National Instrument 43-101 –Standards of Disclosure for Mineral Projects on its 100% owned Lingman Lake project. The Technical Report, titled “National Instrument 43-101 Technical Report on the Lingman Lake Gold Property, Lingman Lake Area, District of Kenora , Ontario, Canada," has been prepared by Mr. J. Siriunas [...]
Signature Resources Ltd. is pleased to announce that it has closed the first tranche of a non-brokered private placement . In this First Tranche, the Company raised a total of $322,104 for the issuance of 6,442,080 non-flow through units at the price of $0.05 per NFT Unit. Up to an additional $427,896 is expected to be raised by the Company in additional tranche closings for aggregate gross proceeds of the Offering of up [...]
Signature Resources Ltd. is pleased to announce that its common shares are now listed on the Frankfurt Stock Exchange trading under the symbol 3S3. With this listing, the Company’s common shares are now cross-listed on the TSX Venture Exchange, the OTCQB and the FSE, one of the largest stock exchanges in the world. The Company expects that the FSE listing will help increase trading liquidity and facilitate [...]
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