Sig­na­ture drills 8m of 17.87 g/t Au at Ling­man Lake

Stockwatch Daily - - MINES & METALS - Mr. Wal­ter Hanych re­ports

SIG­NA­TURE RE­SOURCES Ltd. has pro­vided 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 view to test the grade and con­ti­nu­ity of the min­er­al­iza­tion en­coun­tered in his­tor­i­cal drilling done on the prop­erty

by pre­vi­ous op­er­a­tors.

(See SGU Ta­ble 1 on page 14)

Wal­ter Hanych, chief ex­ec­u­tive of­fi­cer, stated: “We are ex­tremely en­cour­aged by these ad­di­tional re­sults from our first drill cam­paign. We be­lieve Ling­man Lake is one of the pre­mier un­der­de­vel­oped emerg­ing gold projects in Canada. With these re­sults from our new drilling, we are very op­ti­mistic that any fu­ture drill cam­paigns will suc­cess­fully sup­port and en­hance the ro­bust his­tor­i­cal legacy. The North zone is typ­i­cal of a high-grade gold sys­tem pro­duc­ing as­say re­sults rang­ing from low-grade to very-high­grade gold. We are con­fi­dent, that with the his­tor­i­cal gold grades which have been re­ported in pre­vi­ous press re­leases, and with fu­ture in­fill and ex­ten­sion drilling, that the North zone will yield sig­nif­i­cant high-grade gold sec­tions. Im­por­tantly, the drilling is in­di­cat­ing that the true width of the zone is wider than what is in­di­cated in his­tor­i­cal un­der­ground plans.”

We seek Safe Har­bor.

Erika Flores con­densed this news re­lease (erikaf@stock­watch.com).

Wal­ter Hanych, Jonathan Held, Keith McDow­ell

(SGU) Shares: 99,093,969

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