– CANADA, Toronto – Signature Resources Ltd. (TSX: SGU | OTC: SGGTF | FSE: 3S3) today announced the appointment of Robert Vallis to its Board of Directors as President and CEO.
“All of us at Signature are proud to have attracted an executive with the experience level that Robert has. His acceptance of the position, by his astute assessment, speaks to the quality opportunity we have with our Lingman Lake gold project to become a future gold district. With Robert taking over the reins as the CEO; allows me the time to concentrate on the property as Chief Geologist, while we continue to discover and explore in this unique opportunity that we have at the Lingman Lake Greenstone Belt.” said Walter Hanych, Chief Geologist and Board Director.
About Robert Vallis
Robert Vallis is an accomplished senior leader and business professional with a broad and progressive career developed over 25 years in the mining sector. Mr. Vallis brings to Signature a wide breadth of business and technical experience across multiple areas including corporate development, strategy and planning, business/transaction development and execution, project and team management, financial evaluations, enterprise continuous improvement, and mine Engineering/operations. Mr. Vallis most recently was the SVP Corporate Development with Golden Star Resources. Before this, Mr. Vallis was with Yamana Gold as a Business Development executive for nearly nine years working on transactions such as the C$3.9 Billion joint acquisition of Osisko for 50% of Canada’s largest operating gold mine, and the US$395 Million acquisition of Extorre Gold Mines Ltd. for Cerro Morro. Before Yamana, Mr. Vallis was with Barrick Gold for 15 years in multiple global jurisdictions and roles spanning from global Evaluations & Corporate Development, Capital Projects, Mine Engineering & operations, and global Continuous Improvement. Most notably, Mr. Vallis worked on the successful US$10.4 Billion acquisition of Placer Dome, a transformative deal for Barrick and one of Canada’s largest mining M&A transactions.
Mr. Vallis holds a Bachelor of Engineering degree from Dalhousie University in Mine Engineering, a Master of Business Administration degree from the University of Toronto’s Rotman School of Management and is a registered Professional Engineer in the Province of Ontario.
“I am very pleased and excited to have joined Signature Resources as President, CEO, and Director. The remarkable quality of the Company’s entire team and the high-grade Lingman Lake gold project present a significant opportunity to the Company and its shareholders with exceptional potential for rapid value growth. The Lingman Lake gold project is an extensive land package residing near Canada’s premier gold mining district, rich with high-grade gold production, resource potential, and valued stakeholder participation. Resulting from the vision, unique talents, and hard work of Signature’s founding members, Signature is uniquely positioned for focused and disciplined growth. I look forward to working with our Board and management leading the Signature team to deliver this value to its shareholders.” said Robert Vallis.
About Signature Resources
The Lingman Lake gold property consists of 622 staked claims, four freehold full patented claims, and 14 mineral rights patented claims totaling approximately 12,148 hectares. The property hosts a historical estimate of 234,684 oz of gold* (1,063,904 tonnes grading 6.86 g/t with 2.73 gpt cut-off) and includes what has historically been referred to as the Lingman Lake Gold Mine, an underground substructure consisting of a 126.5-meter shaft, and 3-levels at 46-meters, 84-meters, and 122-meters depths.
For more information: https://www.signatureresources.ca/
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