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  • Pages
  • Editions
01 Cover
02 Welcome Letter / Sections
03 Article & Interview Directory
04 Section 1: Introduction
05 Introduction to Mining in Ontario
06 Government of Ontario Interview
07 Ontario Mining Association (OMA) Interview
08 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Interview
09 Navigating Uncertainty
10 Ormston List Frawley LLP Interview
11 PDAC Interview
12 Section 2: Production and Development in Ontario
13 Production in Ontario
14 Map of Ontario Mines
15 Newmont Interview
16 Barrick Gold Interview
17 Wesdome Gold Mines Interview
18 Alamos Gold Interview
19 Evolution Mining Interview
20 A New Wave of Ontario Gold Mines
21 Argonaut Gold Interview
22 Equinox Gold Interview
23 Industry Thoughts: Production and Development in Ontario
24 Section 3: Mining Finance
25 Mining Finance and Investment
26 Insights from the Toronto Stock Exchange
27 PearTree Securities Interview
28 Triple Flag Interview
29 Red Cloud Securities Interview
30 IBK Capital Interview
31 Stifel Interview
32 Roth Canada Interview
33 Industry Thoughts: Mining Finance Trends
34 Section 4: Toronto's Global Reach
35 Toronto’s Global Reach
36 Toronto's Global Reach Map
37 Rupert Resources Interview
38 Eloro Resources Interview
39 Industry Thoughts: Global Operations Based in Ontario
40 Eyes on Latin America
41 Torex Gold Resources Interview
42 Minera Alamos Interview
43 Sable Resources Interview
44 Section 5: Junior Exploration
45 Junior Exploration
46 Great Bear Resources Interview
47 Exploring Across Canada
48 O3 Mining Interview
49 Purepoint Uranium Group Interview
50 ALX Resources Interview
51 Industry Thoughts: Gold Juniors Have Their Say
52 Gold Juniors Replacing Depleting Resources
53 Moneta Gold Interview
54 Goldshore Resources Interview
55 Galleon Gold Interview
56 Element79 Gold Interview
57 Signature Resources Interview
58 Section 6: ESG and the Battery Materials Supply Chain
59 Transition Metals on the Rise
60 Conquest Resources Interview
61 Generation Mining Interview
62 Inventus Mining Interview
63 Noble Mineral Exploration Interview
64 The Move to Combat Climate Change Gathers Pace
65 Insights from Onyen Corporation
66 Thorn Associates Interview
67 Leading the Charge
68 Electra Battery Materials Interview
69 Frontier Lithium Interview
70 Industry Thoughts: Entering The Transition Economy
71 The Battery Material Supply Chain
72 ION Energy Interview
73 Clean Air Metals Interview
74 Section 7: Services, Technology and Innovation
75 Engineering, Construction & Consultancies
76 Ausenco Interview
77 Cementation Americas Interview
78 PCL Construction Interview
79 Redpath Mining Interview
80 Technological Advancements & Innovation
81 Industry Thoughts: Canadian Associations
82 EY Interview
83 Maestro Digital Mine Interview
84 Centric Mining Systems Interview
85 Industry Thoughts: OEMs Have Their Say
86 Drone Delivery Canada Interview
87 Sofvie Interview
88 Novamera Interview
89 Industry Thoughts: Paving the Way for ESG Reporting
90 Section 8: Company Profiles
91 Wesdome Company Profile
92 ION Energy Company Profile
93 PearTree Securities Company Profile
94 Ormston List Frawley Company Profile
95 Maestro Digital Mine Company Profile
96 Sofvie Company Profile
97 Credits

Robert Vallis, President and CEO,

SIGNATURE RESOURCES

"We are now in a position to rapidly deliver steady news-flow and shareholder value directly proportional to the number of meters we are able to fund and drill."

Can you highlight some key milestones achieved at the Lingman Lake Gold deposit over the past year?

Our 100%-owned high-grade gold project presents a strong growth opportunity with 234,000 historical ounces grading at approximately 7 g/t as a start point, in the back yard of the Red Lake mining district. We have developed our exploration camp and all the logistics around it to be as low cost as possible, while operating 24/7. We own our two drills supported with our own drill crews and consumables as the industry is currently challenged with an approximate four to six-month delay on attaining consumables. We experienced some challenges in the summer with wildfires in the region shutting down operations but managed to reclaim the lost time quickly to restart drilling in September 2021. We raised over US$5.5 million in 2021, which has gone towards significant regional and local geophysical data collection for optimal drill targeting, positioning our drill camp to operate 24/7 with two rigs, and starting a 10,000 m drill campaign. We are now in a position to rapidly deliver steady news-flow and shareholder value directly proportional the number of meters we are able to fund and drill.

Can you elaborate on Signature’s current balance sheet and the company’s financing strategy?

Signature will be looking to add fuel to our tanks before the end of 2021 to maintain the drilling momentum into 2022. We have several warrants due early December 2021, which we expect to provide further buoyancy in our share price. Our financial strategy going into 2022 continues to be to financially maintain drilling and regional exploration efforts at our installed capacity as consistently as possible to maximize in-situ gold ounce growth, advancement towards additional discoveries, and its overall value delivery to shareholders.

Can you elaborate on the connectivity and ease of access to the Lingman Lake project?

The Lingman Lake project is located approximately 40 km East of Sachigo Lake First Nations in Ontario and 55 km from Red Sucker Lake First Nations in Manitoba. Power infrastructure development into Northwestern Ontario communities continues over the next two years according to current published planning. Mining projects and communities lying within these areas are poised to benefit greatly from this infrastructure development. I believe that this development acts as a unifier between mining projects and nearby communities and paints a picture of an exciting, viable future for the communities and mineral industry in this jurisdiction.

What is your outlook for the fundamentals of gold for the next few years?

Global spending is increasing despite a severely constrained global supply chain that is driving inflation up while other parallel risk factors have also gone up proportionally, including new variants of Covid and China-US relations. Many other risk elements are steadily coming into play too such as increasing extreme weather events. Our project experienced this first-hand this past summer with the regional wildfires and drought. All these risks ripple through and into all industries, including mineral exploration. Global risk keeps ratcheting up and I think that at some point soon the gold price will start moving again in an upward trend in tangent with this rising risk fundamentals.

If you had to place your confidence in gold equities vs. gold bullion, which will you choose and why?

I believe the fundamentals supporting higher gold price underpins the view on the value of gold equities. If we take this view and agree that there is an optimistic path forward for the gold price, then gold equity values depend directly on the performance of said equities to deliver value to the market rapidly and in the most meaningful, sustainable way. If you identify a gold company which is positioned for value growth success and can deliver results consistently, then you have a strong case for a gold equity investment. I believe there is a strong investment case for junior gold exploration equities that can move up the mountain of growing value generation and prompt delivery and Signature Resources checks all these boxes.

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Section 6: ESG and the Battery Materials Supply Chain