Leliever on a Signature high-grade gold theme for the holidays.
“We just finished a 1,500 meter drill program. We tested the West Zone, South Zone, Central Zone and the North Zone. To our not so much of a surprise, but at least to the positive side, not only were the results fantastic, but indications are they are better than what the historic results had indicated. We are excited.” states John Leliever, Prospector and Founder of Signature Resources Ltd. (TSXV: SGU | OTCQB: SGGTF), in an interview with InvestorIntel Corp. CEO Tracy Weslosky.
Tracy Weslosky: John this is a multigenerational property that you have in Signature. Is this correct?
John Leliever: Yes it is.
Tracy Weslosky: For those of you out there in InvestorIntel watching Signature Resources, your last three news releases all say high-grade gold. Is that correct?
John Leliever: They sure do.
Tracy Weslosky: Let us start with your most recent drilling results from the Lingman Project please.
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John Leliever: That is a great place to start because it is really exciting for us, Signature. This property has relied on historical information to get it to where it is today. Being the new guys on this project for a little while now everybody was looking to us to produce our own results. We just finished a 1,500 meter drill program. We tested the West Zone, South Zone, Central Zone and the North Zone. To our not so much of a surprise, but at least to the positive side, not only were the results fantastic, but indications are they are better than what the historic results had indicated. We are excited.
Tracy Weslosky: Speaking of excited, for those of you out there from the cannabis market looking to redirect your capital into a resource company, as a junior you have a substantial amount of claims and I read nearly 10,000 hectors. Is that correct?
John Leliever: Actually we are sitting over 22,000 hectors. It is a very, very large land package covering for the most part the whole greenstone belt that encompasses the Lingman Lake area.
Tracy Weslosky: Would you mind dumbing that down for some of us at InvestorIntel who may not have a multigenerational resource background like you do John?
John Leliever: In simpleton terms a greenstone belt is part of a geological formation that typically gold is found within. This particular belt is about 25-27 kilometers long. It trends east-west with a bit of a horizon curve to it as it is trending. We found that there were some mineral occurrences to the far west, about 22 kilometers away from the actual Lingman Lake Mine site. What we did is we chose to cover that, particularly with computer staking now. We covered that. Protected ourselves, protected the asset for our shareholders and future opportunities. It is exciting because an airborne geophysical program had been completed on the property and indications are two major horizons trending across the whole greenstone belt with nothing but prioritized targets for us. There was not any b’s identified or c’s identified. This is a great upside potential for exploration for our company.
Tracy Weslosky: Speaking of the greenstone belt, you have two other projects in addition to the Lingman Project, is that correct?
John Leliever: The optics of it is there are three components to the project. We have our focus at the mine site where there are 234,000 historical ounces indicated in the ground from previous drilling. Our focus will be over the next 24 months to increase that ounce count by drilling. Just focused on drilling, drilling, drilling. Then we have the two other components to it, the east and the west of the mine site area…to access the complete interview, click here
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