And here it is...
HISTORICAL SAMPLES FROM SIGNATURE’S LINGMAN LAKE MINE-PROPERTY ILLUSTRATE HIGH GOLD GRADES OF ZONES
FOR IMMEDIATE RELEASE April 25, 2017
Toronto, Ontario, April 25, 2017 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF) ("Signature" or the "Company") wishes to provide more details on historic high gold grades from detailed underground samples of gold zones of up to 51.43gpt along 50.9m length by 1.56m width.
On-going research of historical data of the Lingman Lake deposit has uncovered grade and assay data which demonstrates that the Lingman Lake deposit hosts significant high grade gold zones. In 1948, bulk samples were extracted from the North zone 150 level and 275 level of the mine, along with supporting detailed face samples which yielded the following results.
Source: Report to Shareholders; November 12, 1947, by J.A. Reid, Consulting Mining Engineer.
A raise (an upward driven tunnel from a lower level to a higher level) driven in the North zone from the 275 level to the 150 level produced the following results.
Raise dimensions at 1.5m x1.5m.
Source: Report to Shareholders; October 1, 1948, by M.G. Smerchanski
Further, an underground level plan illustrating the gold zones as defined by drifting shows the following results.
Source: “Composite assay plan of underground levels, Lingman Lake Gold Mines Ltd. November 1948”.
“This historical information is an indication that high grade zones were outlined in the past. We are excited to continue the exploration of these high grade gold zones as part of the next stage of exploration.”, commented Walter Hanych, President and CEO of Signature Resources.
The historical information – data contained in this press release has been verified to the extent that the sources of information stem from reliable reports and plan maps generated in the period 1946-1948 when Lingman Lake Gold Mines was developing the deposit. Actual assay certificates and individual assay intervals that comprise composite assay information are not available for verification. By the very nature that this data is from underground sampling conducted in the period 1946-1948, and access to the underground is not possible this information cannot be independently verified.
Qualified Persons
