Not for distribution to U.S. news wire services or dissemination in the United States Signature Resources Ltd. is pleased to announce that it has closed the first tranche of its non-brokered private placement previously announced on February 6, 2019. In this First Tranche, the Company raised a total of $136,555 for the issuance of 1,820,735 non-flow through units at the price of $0.075 per NFT Unit. Up to an additional [...]
Signature Resources Ltd. is pleased to announce that it has received additional interpretation of its airborne geophysical surveys. The data from the surveys, which have identified characteristics of the gold zones at the Lingman Lake mine, have now defined an extensive area exhibiting the same characteristics. The area is known to host over 40 mineral occurrences, reported to contain gold, copper and molybdenum [...]
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 $1,000,000. The Offering will consist of non-flow-through units at a price of $0.075 per NFT Unit, and flow-through unit at a price of $0.095 per FT Unit. Each NFT Unit will consist of one common share of the Company and one [...]
Signature Resources Ltd. 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 [...]
Drilling highlighted by 14.0m of 8.56 g/t gold in the South Zone Target Includes 5.0m of 16.61 g/t gold in South Zone Target Numerous 1.0 m intervals with high grade results as high as 37.27 g/t gold TORONTO, Nov. 13, 2018 -- Signature Resources Ltd. reports the results of drill holes 18-09 and 18-10 which targeted the South and Central Zones at the company’s Lingman Lake gold property located in northwestern [...]
Drilling highlighted by 8.0 m of 17.87 g/t gold & 4.0 m of 6.84 g/t gold in the North Zone Target Samples included 1.0 m intervals with results as high as 58.08 g/t gold Signature Resources Ltd. reports the results of drill holes 18-03, 18-04 and 18-05 which targeted the North Zone at the Company’s Lingman Lake gold property located in northwestern Ontario. This year’s exploration campaign was conducted with a [...]
Drilling highlighted by 9.5 m of 12.15 g/t gold & 5.0 m of 13.65 g/t gold in the West Zone Target First two holes reported higher grade gold values than what was reported from historical drilling Signature Resources Ltd. is pleased to announce the results of drill holes 18-01 and 18-02 which targeted the West Zone at the company’s Lingman Lake gold property located in northwestern Ontario. This year’s [...]
Not for distribution to U.S. news wire services or dissemination in the United States Signature Resources Ltd. is pleased to announce that, further to its press releases dated May 15, 2018, June 25, 2018 and July 26, 2018, today it closed the third and final tranche of its previously announced non-brokered private placement . The Final Tranche resulted in the Company issuing 3,729,317 NFT Units for gross proceeds of [...]
Not for distribution to U.S. news wire services or dissemination in the United States Signature Resources Ltd. announces the extension of its previously-announced non-brokered private placement of non-flow-through units, flow-through shares, and flow-through units for aggregate gross proceeds of up to $1,500,000 until November 15, 2018. Additional details regarding the Offering can be found in the Company’s news [...]
Signature Resources Ltd. is pleased to announce that all of the sampled sections of drill core from the Company’s recently completed exploration program at its Lingman Lake gold property have been received at SGS’ analytical processing lab in Red Lake, Ontario. The samples were flown by charter aircraft to Red Lake last Friday and are currently being inventoried at the lab prior to processing. “We are [...]
Signature Resources Ltd. is pleased to announce the successful completion of a high resolution GPS survey of the diamond drill casings from the drill campaigns conducted from 1987 to 1989. 84% of the drill casings, from a total of 154 drill holes were located. “We are very pleased with this result and we are very fortunate that the located holes had their casing intact. Quite often the drill casing, which goes [...]
Major Milestone Completing First Drill Program at Lingman Lake Since Late 1980s In Process of Selecting Core Samples to be sent to SGS for Assays Signature Resources Ltd. is pleased to announce the successful completion of the diamond drill program at Lingman Lake. Twelve holes totaling 1,518 meters have been completed; eleven of the holes intersected significant alteration and sulphide mineralization that are typically [...]