Signature Resources Ltd (QB) (SGGTF) News

Continuing to buy down at the low end at .025x yesterday, would love to buy in large quantities right here.

picked up cheapies down at .032 range, didnt think it would come back down here but it did, would buy in higher volume at lower prices if we see them. Love what they are doing. you just wait.

Interest in signature has waned. That means its time to reload, which I have been doing. Three cents is good, but even lower prices are even better if we get them.

huge bid of 450K sitting at .043. Will be interesting to see how this plays out.

I could use the cash, and lower risk especially with a large position. And in fact it did pull back as they often do. Just a matter of managing risk. Im also concerned about Gold price but this has always traded independent of gold price.

Why don't you let it run, especially since it finally broke out

great profit taking opportunity today as high as .051 I should have taken even more, I wasnt thinking straight, but thats fine, profit is profit, started buying back on way down, look for opportunities in the .02s to reload more, IF it happens.

I've tried to pick up shares around .018 but the lack of liquidity makes it hard, but if one has the chance to buy at these prices I feel its a screaming buy. The market cap is $2 million at this price, this is when you want to step up to the plate and buy heavily, similar to a few months ago at .015 from where it more than doubled. Could you wait for lower prices, sure it could revisit .015 but just step back for a moment and think - when the gold deposit evaluations are completed, and I dont think we are super far away from that, say this year, imagine what the share price will be, irregardless of gold price. I would buy every share I could down here, dont sit by on the sidelines, this is a great buy.

Looking better but this needs to get to 20 cents just to be a pre split levels

Looking better but this needs to get to 20 cents to say there is a meaningful recovery post split

Im close to break even here which is pretty darned impressive compared to most if not everyone. When they get their drilling program started in the spring, look out, this will shoot to the moon I am very confident, I couldnt be happier with my investment here except I wish I bought more shares at the bottom, but I did the best I could with what I had. This is a solid investment, and if we were to get a pullback towards the low .02s I'd be a buyer but I dont know if we'll get it or not at this point.

wow closing in on a one year high. Finally could we be getting the traction we've long awaited, i dont know

Since this latest press release we are getting a bid now at .025. Where was everybody when you could have had all the shares you wanted at .015. I bought a lot and while not as much as I would have liked I did what I could with my cash position. I guess an excuse for wishing to have bought even more than I did was risk-reward, I truly believed that the risk was almost zero this whole time. Lets see them follow through in the Spring when things get going, very exciting.

kaeamrjs
Monday, December 04, 2023 6:30:45 PM

Where’s airhead? I see signature just did another private placement. Is he getting free shares again to let others buy up that private placement? Looks like 600k. Makes MW look like an amateur.

Continued buying into the 1.5 cent range. When the explorers space turns around, this will do very well. At 1.5 cents you cant go wrong, the equipment alone and claims is worth a lot more than the market cap

Doesn’t look like a steal at .02 anymore

Continuing to buy down here in the 2 cent range. This is a steal at these prices.

Well, not really surprising. Micro stock here.
But it’s still good for raising funds and interest.

wow Gold has gone thru the roof leaving Signature behind, seems hard to believe it could be so disconnected

There is no value in a permafrost laden swampland..The costs to extract gold from the ground is killing every mining operation out there..Remember, the guy who recommended this to you is also a big investor in the Nat gas space as well..How's that working out for you all!

well gold has rallied and Signature has not participated one iota, in fact just the opposite you can argue it has come down in price. I am stink-bidding b/c I know there is value there, regardless of the gold price, and that value is a hellava lot more than where it is now.

SGGTF: effective Dec. 6,2022 a one for 5 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Penny land is finished

It’s called patience these can take a while and this stock is as cheap as it gets. I even got fills for under a penny. That’s like a 2 mill company with equipment alone probably worth 5 mill. If I can get more fills under a penny I’ll takem as that will not be around forever regardless of golds price.

It’s called patience these can take a while and this stock is as cheap as it gets. I even got fills for under a penny. That’s like a 2 mill company with equipment alone probably worth 5 mill. If I can get more fills under a penny I’ll takem as that will not be around forever regardless of golds price.

Penny land is finished put a fork in this sector

this is a steal at these prices, buy all you can that's all I can say. We'll look back on this years from now and, what!

TSXV: SGU | OTCQB: SGGTF | FSE: 3S3
Signature Resources Expands Gold Mineralization With Ongoing Initial Resource Estimation Development Work

Toronto, Ontario, August 30, 2022, Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF, FSE: 3S3) ("Signature" or the "Company") is pleased to update progress on its NI 43-101 initial resource estimation effort for our 100%-owned Lingman Lake Gold Project in northern Ontario, Canada.

Initial resource enhancement. Further to the previously issued update, over the course of working with Wood Canada Limited (“Wood”), and Watts, Griffis, and McQuat Limited (“WGM”), the Company had identified a low-cost opportunity to capture additional data to increase the quantity and quality of the geologic knowledge of the deposit underpinning the development of an initial resource estimate via an enhanced sampling and assay program.

New gold zones identified. As a result, the Company embarked on a campaign of the additional sampling and assaying of a limited number of drill holes between the existing high-grade gold shear zones (“Intra-Zone”). Out of 30 holes sampled, 7 holes have newly identified low-grade mineralization and a number of higher-grade shoots. Intercept widths ranged from 1.0 to 2.0 metres. (See Table 1). Sampling was over 1.0 metre intervals.

These newly sampled intervals collectively aimed to:

Identify gold mineralization between the previously identified zones where no assaying had been conducted historically (See Figure 1).
Collect and add new data to the geology database to aid and expand the geologic understanding and resource model.
Demonstrate the potential for an expanded initial resource estimate by identifying the presence of a broader mineralized, near-surface, gold system beyond the extents of the existing high-grade zones.
Improve the continuity of existing gold zones by filling gaps in the geologic database and resource model (See Figure 2).
“The work from Wood, WGM, and our team continues to significantly advance the understanding of the Lingman Lake project and the contained gold system. Initial intra-zone sampling results identifying a broader mineralized gold system from additional sampling between the previously identified zones is directionally positive for the mineralized volume, scale of potentially contained ounces, and quality of the developing initial resource estimate targeted for H2/2022. We are very pleased with these results as this new information underpins the ongoing development of a more robust gold system than previously understood.”

Robert Vallis, President, CEO, and Director

Expanding Mineralization within the Geological Footprint. Based on the results of the sampling program, the Company expects that, when incorporated into Wood’s ongoing initial resource modelling, the data will enhance the quantity and quality of the initial resource estimate. This additional knowledge gained from the sampling program will better inform future exploration work and points to the need for further sampling between areas of known mineralization. The Company has aligned its procedures with respect to assay and data collection with CIMVal standards and best practices.

Poised for Further Resource Expansion. In anticipation of future drilling at the Lingman Lake Project, the Company advanced the development of camp infrastructure during 2021. Much of the work done during that period provides a degree of insulation from rising costs and supply issues in the exploration sector. Onsite exploration work, including drilling, can be started in a timely manner. The Company has two 100%-owned diamond drills onsite along with an initial inventory of drilling consumables to support up to 10,000 metres of drilling. As the current drill extents of the Lingman Lake Project are shallow averaging about 200 metres downhole, a follow up drill program could capture an opportunity to materially grow the resource.

Additional Sampling and Assaying 'between' the existing high-grade gold zones

Figure 1 - Additional Sampling and Assaying "between" the existing high-grade gold zones

Sample section demonstrating new low-grade intervals expanding gold mineralization and improving continuity

Figure 2 - Sample section demonstrating new low-grade intervals expanding gold mineralization and improving continuity

Selected sampling results between the existing gold zones

Table 1 - Selected sampling results between the existing gold zones

Insiders have recently exercised options in support of the Company’s continued efforts to add value to shareholders.

About Signature

The Lingman Lake Project consists of 1,434 staked claims, four freehold fully patented claims and 14 mineral rights patented claims totaling approximately 27,113 hectares. The property includes what has historically been referred to as the Lingman Lake Gold Mine, an underground substructure consisting of a 126.5-metre shaft, and 3-levels at 46-metres, 84-metres and 122-metres depths.

To find out more about Signature Resources Ltd., visit our website at www.signatureresources.ca, or contact:

Investor Relations
(416) 840-6345
info@signatureresources.ca

Cautionary Notes

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions and risks associated with infectious diseases, including COVID-19. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to changes in general economic and financial market conditions, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Signature Resources Ltd.
401 Bay Street?Suite 2704,
Toronto, ON M5H 2Y4
info@signatureresources.ca

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Not much longer to wait!

Continuing to slurp up shares at these prices which will not last for long regardless of the price of gold at this point

Cheap is not the word for the price of these shares, but my understanding is that many of the explorers are in the same boat, I know that my CGLD is for sure. I am aggressively buying under 2 cents with whatever cash I can free up, which is an absolute gift and may not last long. Company is well run, not perfect, but nothing ever is. Be patient, remember this stock was at 14 cents not that long ago, nothing has changed besides a drop in gold price (which obviously is important) but they are not mining yet and so gold price right now is not as important.

Continuing to buy, I guess I'll end up with around half a million shares by the time I am done, possibly more, and at decent prices near what appears to be a bottom, though while nobody ever knows an exact bottom in advance, we are looking at a market cap of 8 million with who knows how many resources (yeah I know, "who knows").

I was asked to invest in this stock years ago. I said, No way. I have been down the road of utopia, it doesn't exist. The main guys are making the money, and giving you false hopes of the future. Investors are hoping for impossible dreams, and grapple onto anything that fills their disillusioned dream. GOOD LUCK!!!

Look what they have, look at the market cap, it's literally nothing. This is an absolute steal at 3.5 cents and under. I would buy with 4 hands if it went under 3 cents. The amount of gold in the ground is huge, it'll take time to get it mined but we can wait. But man, this is the time to buy compared to the last year, that's for dead sure.

So why are you here? It's a better buy now than at 17. Everything is cyclical. Right now precious metals and cryptos are grinding out bottoms with 95% hitting lows. Once this puts out a proven gold resource that is likely to be a million or better in the pending NI43-101, things will improve. The gold price is actually decent and this project is in Canada where the gold price is about $2300. You just might want to do a bit of DD and see that Sprott is an investor here also. Nah forget it, just go away.

Today a Low of .03 .. during the last 5 years, high hit .17 cents. This reminds me of another gold venture stock. Who is making money? If it's such a great investment, why is the share price sinking? How many outstanding shares are there? I wouldn't touch this stock with anyone's money.

New corporate presentation on the website..

http://www.signatureresources.ca/

They should update the capital structure on page 18

Signature Resources Ltd. Announces Results of 2022 Annual General & Special Meeting of Shareholders and Grant of Stock Options

TORONTO, May 27, 2022 Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF, FSE 3S3) ("Signature" or the "Company") is pleased to announce the results of voting at its annual general and special meeting of the shareholders which was held May 26, 2022 (the “Meeting”). All matters submitted to the shareholders, as set out in the Company’s Notice of Meeting and Management Information Circular, were approved by the requisite majority of votes cast at the Meeting.

Election of Directors

Shareholders approved the election of the seven (7) Directors as set out below:

Paolo Lostritto
Robert Vallis
Stephen Timms
Lisa Davis
Dan Denbow
John Hayes
Priya Patil

Appointment of Auditors

McGovern Hurley LLP, Chartered Professional Accountants was appointed auditors of the Company for the ensuring year at the renumeration to be fixed by the Directors.

Approval of the Share Consolidation

Shareholders approved the consolidation of the common shares on the basis of one (1) new common share for up to five (5) old common shares. The Board may, in its sole discretion, determine not to proceed with the Consolidation without further approval or action by or prior notice to shareholders.

Approval of Incentive Stock Option Plan

Shareholders approved the Incentive Stock Option Plan as set out in the Company’s Management Information Circular.

Stock Options

The Company has also granted a combined total of 4,000,000 incentive stock options to the Board and Management of the Company. The options have an exercise price of $0.06, expire five years from the date of issuance, and vest 25% immediately, and 25% annually thereafter through to the third anniversary.

About Signature

The Lingman Lake gold property consists of 1,434 staked claims, four freehold fully patented claims and 14 mineral rights patented claims totaling approximately 27,113 hectares. The property includes what has historically been referred to as the Lingman Lake Gold Mine, an underground substructure consisting of a 126.5-metre shaft, and 3-levels at 46-metres, 84-metres and 122-metres depths. There has been over 28,000 metres (177 drill holes) of historical drilling done on the Property.

To find out more about Signature Resources Ltd., visit our website at www.signatureresources.ca, or contact:

Donna McLean
Chief Financial Officer
416.642-1807 Ext. 307
info@signatureresources.ca

June should be a very exciting month for Signature!

Did anyone attend the annual meeting? Anything to report?

Stock is trading like dogshit, anyone know if the NI 43-101 will be out in Q2 still?

Started to buy again today at a nickel, this is a real sleeper. Not bad considering the private placement was at around 5 cents American. Hope to get some in the .04s as well.

I listened to this really good interview today with Tavi Costa from Crescat Capital and since they are a significant investor in Signature, it was fascinating to hear his view of the future of the gold price and the mining sector and in particular the Explorers. The link to the 20 minute interview is at the bottom of this email. I have listed a few of the exciting highlights and the relevant time marks. Hope you enjoy his Tavi's View which is pretty exciting and perhaps even life-changing if it plays out! Duran


14 min. - Newmont mining is on a 26 year Breakout and the major miners usually lead the Juniors and the Explorers

16 min. - Majors need to replenish Reserves and high-quality explorers will be in demand soon in the M&A cycle

17 min. - Crescat likes to purchase up to a 20% stake in high quality explorers

18 min. - the Mania phase the M&A is coming and prices will rise from pennies to even hundreds of dollars per share

18.50 min. - currently the high quality Explorers are not being rewarded and they should have a market cap at 20% of the mineral value in the ground and they are way under that Target. To achieve that Target many explorers share prices would have to rise 20 fold

19 min. - Tavi's gold price Target is $3,000 per ounce within a year and ultimately $10k per ounce and even that may be too low because gold stocks will likely be the new Meme stocks over the next 10 years


https://kingworldnews.com/tavi-costa/

TSXV: SGU | OTCQB: SGGTF | FSE: 3S3
Signature Resources Announces Closing Of Oversubscribed Private Placement And Engagement Of Wood Canada To Complete The Initial Mineral Resource Estimate For Q2/22

Toronto, Ontario, March 9, 2022, Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF, FSE 3S3) ("Signature" or the "Company") is pleased to announce that due to strong demand, it has closed an over- subscribed non-brokered private placement (the “Offering”). Pursuant to the Offering previously announced in press releases on February 15 and 25, 2022, the Company has issued 19,692,335 non-flow- through shares (the “NFT Shares”) and 18,082,800 flow-through shares (the “FT Shares”) for aggregate gross proceeds of C$2,447,336.10. Each NFT Share was issued at a price of C$0.06 and each FT Share was issued at a price of C$0.07. The Company paid finder’s fees of C$8,261.40 and issued 137,690 finder warrants exercisable at C$0.10/share for a period of 12 months from closing. All securities issued in the Offering are subject to a statutory hold period ending July 10, 2022, and the Offering is subject to final acceptance of the TSX Venture Exchange.

“This financing is designed to allow the Company to complete an initial NI 43-101 mineral resource estimate for our 100%-owned Lingman Lake Gold Project. We are undertaking this effort to determine the potential scale of the currently drilled mineralization at Lingman Lake and provide further guidance for focusing our 2022 exploration work planned for later this year.”

Robert Vallis, President, CEO, and Director

The net proceeds from the Offering will be used for the mineral resource estimate and related deposit characterization, ongoing exploration data compilation and general corporate purposes.

Signature Resources Selects Wood Canada Limited (formally Amec):

Signature is also pleased to announce it has engaged the services of Wood Canada Limited (“Wood”), formerly Amec Foster Wheeler, to complete the previously announced initial NI 43-101 mineral resource estimate for the Lingman Lake Gold Project. Work has commenced with Wood and is expected to be completed late Q2 2022.

Management Long-Term Incentive Options:

As part of its commitment to a performance-based compensation plan, the Company has reserved for grant to certain senior management of the Company, 12,000,000 incentive stock options to acquire common shares in the capital of the Company at an exercise price of $0.08 and vesting over three (3) years (the "Options"). Granting of the Options will be subject to certain key performance indicators being met and an annual review by the Board of Directors of the Company. In addition, the grant of these Options is subject to compliance with the limitations under the Company’s Option Plan, which limits the number of options to 10% of the issued and outstanding shares of the Company.

About Signature

The Lingman Lake gold property consists of 1,434 staked claims, four freehold fully patented claims and 14 mineral rights patented claims totaling approximately 27,113 hectares. The property includes what has historically been referred to as the Lingman Lake Gold Mine, an underground substructure consisting of a 126.5-metre shaft, and 3-levels at 46-metres, 84-metres and 122-metres depths. There has been over 28,000 metres (177 drill holes) of historical drilling done on the Property.

To find out more about Signature Resources Ltd., visit our website at www.signatureresources.ca, or contact:

Donna McLean
Chief Financial Officer
416.642-1807 Ext. 307
info@signatureresources.ca

Cautionary Notes

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions and risks associated with infectious diseases, including COVID-19. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to changes in general economic and financial market conditions, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company discla ims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Signature Resources Ltd.
401 Bay Street—Suite 2704,
Toronto, ON M5H 2Y4
info@signatureresources.ca

Click here to unsubscribe from this list or email info@signatureresources.ca indicating you wish to be unsubscribed.

I'm not quite backing up the truck but I am buying at these prices, wow, wow, wow, never in a zillion years did I think it would come back to mere pennies, gotta take advantage of it, lower it goes higher volume I'll be buying, until it stops going lower. Market cap is like 12 million bucks, are you kidding me? Thats like 7000 oz of gold at $1800/oz (just talking revenues here, not cost)

Nice 864k share bid

Someonbe bought 500,000 shares at .058 in one round lot!

Now that tax loss selling is over let's get going in the other direction!

More news..

Signature Resources Drills 8.24 g/t Gold over 2.0 Metres and 7.14 g/t Gold over 2.0 Metres Including 10.10 g/t Gold and 10.50 g/t Gold over 1.0 Metre Respectively, at Its Lingman Lake Project

https://finance.yahoo.com/news/signature-resources-drills-8-24-130000883.html

So does this latest news:

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/411-tsx-venture/sgu/112400-signature-resources-drills-7-07-g-t-gold-over-4-0-metres-including-11-9-g-t-gold-over-1-0-metre-at-its-lingman-lake-project.html