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Signature Resources Ltd.
Summary
| Project: | Lingman Lake | |
|---|---|---|
| Deposit: | Lingman Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/13/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-2-2020: Signature Resources Ltd. announces an Exploration/Drilling Update report for its Lingman Lake deposit at the Lingman Lake project. Technical summary of project. This Technical Report, with an effective date of January 31, 2020, was prepared for | |
| Resources: | x | |
| CP/QP: | [Overall Report]: John M. Siriunas (Caracle Creek International Consulting Inc.) | |
| ABSTRACT: | This Technical Report, with an effective date of January 31, 2020, was prepared for Signature Resources Ltd., a TSX Venture Exchange-listed company trading under the symbol SGU. The Company also trades on the OTCQB market with trading symbol SGGTF and on the Frankfurt Stock Exchange with trading symbol 3S3. The purpose of this report is to provide an independent up-dated technical report with respect to the Company’s Lingman Lake gold property located in northwestern Ontario, Canada. The property consists of four patented claims with mineral and surface rights, 14 patented claims with mineral rights only, and 770 single cell staked claims, collectively totalling approximately 15,754hectares. The property is 100% owned by Signature Resources Ltd., through its wholly owned subsidiary, Cool Minerals Inc. The Lingman Lake gold property is considered to be an advanced exploration project with an abundant amount of archived historical work reported from the period between 1936 and 2006. More recently (2015-2018), Signature Resources has added to the database by completing four significant exploration campaigns and two claim staking programs, spending in excess of $2.9 million CAD. This report documents the recent work and serves to update and supersede the earlier disclosure made in the NI 43-101 technical report prepared by Hanych and Racicot (2013) titled “Technical report on the Lingman Lake Property, Lingman Lake Area, District of Kenora, Ontario, Canada”, dated December 20th, 2013. | |
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