Gold Price: US$2,417.32

High Grade Gold Resource Growth In Canada

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About Company

Signature Resources Ltd. is a Canadian based advanced stage exploration company focused on expanding the 100% owned Lingman Lake Gold deposit, located within the prolific Red Lake district in Northwestern Ontario, Canada. The project has a 234,000 ounce historical high-grade gold resource estimate that is contained within the first 180 meters of surface and open in all directions. Signature is focused on rapidly expanding the known mineralized envelope with its 100% owned diamond drill rigs and aims to complete an approximately 5,000m drill program in 2024 that will allow it to publish a maiden NI 43-101 compliant resource in 2025.

Signature’s Founder, Consultant, and Advisory Board member, Mr. John Leliever, is the visionary who recognized and ultimately consolidated the vast potential of the Lingman Lake district to what it is today. Commencing in 2013 and into late 2020 he invested a significant amount of his personal time and capital to secure and advance the property’s significant gold assets. With key support from Signature’s Chief Geologist, Walter Hanych, Mr. Leliever successfully nurtured the Project through challenging market conditions and diminished funding. In late 2020, Mr. Leliever was instrumental in securing Signature’s current management team.

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Lingman Lake Gold Project

Project Location
Ontario, Canada
Resource Expansion
Project Ownership

The 100% owned Lingman Lake Gold Project is in the prolific Tier-1 location of the Red Lake geologic district in northwestern Ontario, Canada. Signature’s land tenue currently encompasses approximately 85% of the entire Lingman Lake Greenstone Belt hosting significant gold resource growth and district-level potential. The historic high-grade gold resource is open in all directions and 2021 fall diamond drilling is underway. Signature is working to rapidly expand Lingman Lake’s existing mineralization and publish a compliant NI 43-101 resource in 2022.

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Key Shareholders

Sprott Asset Management LP Middlefield Group Crescat Capital

Analyst Coverage

Cormark Securities
Richard Gray

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