TORONTO, May 24, 2018 -- Signature Resources Ltd. is pleased to announce that it has received additional interpretation of its airborne geophysical data. The interpretation defines a new horizon with multiple high priority targets. The geophysical response of the South Horizon is similar to that observed for the Lingman Lake gold mineralized zones, in both the Magnetic and VLF data. The South Horizon contains 6 high [...]
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 $0.12 per NFT Unit, and flow-through unit at a price of $0.14 per FT Unit. Each NFT Unit will consist of one common share of the Company and one warrant [...]
TORONTO, May 15, 2018 -- Signature Resources Ltd. is pleased to announce that it has signed a binding asset purchase agreement to acquire the Lingside Property , a property consisting of 14 patented mineral rights claims located in the Kenora District, Province of Ontario totaling 275.5 hectares. Geophysical trends on the Lingside and Lingman Lake properties The Lingside patents are located immediately west of the [...]
TORONTO, May 08, 2018 -- Signature Resources Ltd. is pleased to announce that it has appoint Dr. Dimitrios Kostopoulos to its advisory board. Dr. Dimitrios Kostopoulos, is a professor of metamorphic petrology and thermodynamics at the National and Kapodistrian University of Athens, Greece, a mineral exploration consultant to Hellenic Mines SA and a geopark development consultant to City and Region Planning PC. Dimitri [...]
TORONTO, May 02, 2018 -- Signature Resources Ltd. is pleased to announce that preliminary interpretation of the recently completed Terraquest airborne geophysical survey shows that the gold mineralized zones at Lingman Lake display correlation to both the magnetic and electromagnetic components of the survey. In April of 2017, the Company staked an additional 9,280 hectares along the greenstone belt. The results of the [...]
TORONTO, April 30, 2018 -- Signature Resources Ltd. is pleased to announce that it has received preliminary data from its recently completed survey conducted by Terraquest. A preliminary analysis of the data has determined that it is of high quality. “I’m delighted to report that the data gathered was of particularly high quality and judging from the preliminary plots it appears that the geophysics has [...]
TORONTO, March 27, 2018 -- Signature Resources Ltd. announces that the airborne survey of its Lingman lake property has been completed. The airborne survey conducted by Teraquest Ltd. consisted of the acquisition of data using high resolution magnetics and digital matrix VLF EM. 2,270 line kilometers were flown covering the majority of Signature’s 9,896.8 hectare property. “We are very excited that the data [...]
TORONTO, March 21, 2018 -- Signature Resources Ltd. announces that to date, over 80% of its Lingman lake property has been covered by the airborne survey. The airborne survey conducted by Teraquest Ltd. is comprised of the acquisition of data using high resolution magnetics and digital matrix VLF EM. It will be flown over the majority of Signature’s 9,896.8 hectare property. “We are thrilled that finally the [...]
TORONTO, March 02, 2018 -- Signature Resources Ltd. announces that due to weather conditions, the Company has been delayed on flying the airborne survey. Pending weather conditions the airborne survey of its Lingman lake property is set to commence. The airborne survey conducted by Teraquest Ltd. is comprised of the acquisition of data using high resolution magnetics and digital matrix VLF EM. It will be flown over the [...]
TORONTO, Dec. 22, 2017 -- Signature Resources Ltd. is pleased to announce the closing today of the second and final tranche of its previously-announced non-brokered private placement of Hard-Dollar Units at $0.08 per Hard-Dollar Unit, and Flow-Through Units at $0.10 per Flow-Through Unit. Together with the first tranche closed on November 14, 2017, the Financing has resulted in aggregate proceeds of approximately [...]
Not for distribution to U.S. news wire services or dissemination in the United States TORONTO, Dec. 14, 2017 -- Signature Resources Ltd. announces the extension of its previously-announced non-brokered private placement of non-flow-through units and flow-through units for aggregate gross proceeds of up to $750,000 until December 29, 2017. Additional details regarding the Offering can be found in the Company’s news [...]
TORONTO, Nov. 14, 2017 -- Signature Resources Ltd. is pleased to announce that today it closed the first tranche of a non-brokered private placement of up to $750,000 for gross proceeds of $317,000. The Company has also received an additional $125,000 from the exercise of 2,500,000 previously-issued warrants for a combined total of $442,000. Mr. Walter Hanych, Chief Executive Officer of the Company, commented, “We [...]