In this InvestorIntel interview, host Tracy Weslosky talks to Signature Resources Ltd.‘s (TSXV: SGU | OTCQB: SGGTF) President, CEO, and Director Robert Vallis about the company’s progress toward its initial NI 43-101 resource report for its Lingman Lake Gold Project, located in the prolific Red Lake district in Northwestern Ontario, Canada.
In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here to access InvestorChannel.com), Robert tells Tracy that they have “worked very hard to put in place many of the key fundamental pillars for developing value in the company. We’ve established a a modern exploration camp, we’ve advanced the data and the collection of data towards developing an initial 43-101 resource… Beyond that, it’s unlocking the vast regional potential that we’ve secured in the control of an entire greenstone belt.”
Robert also talks about the importance of a project’s “DNA”. Lingman Lake “checks pretty much every box,” he says, “starting with the fact that it’s in one of the best jurisdictions on the planet not only from past and current producing but also from geologic potential.” He goes on to say “that massive land package that we control, which controls an entire greenstone belt and hosts our Flagship Lingman Lake Project, is the reason why we’re doing this. It’s in the backyard of an established gold producing district, that being the Red Lake District where over 80 million ounces have been produced.” Even so, Robert continues, Signature Resources is working in an area that is is relatively unexplored and sees the key to unlocking its value is “through the drill bit.”
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About Signature Resources Ltd.
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.
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