# Signature Resources Files NI 43-101 Technical Report for the Initial Mineral Resource for the Lingman Lake Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/signature-resources-files-ni-43-101-technical-report-for-the-initial-mineral-res--e571f5e7-7c16-41de-872b-79a34de233e6 Original source: https://money.tmx.com/en/quote/SGU/news/4939633763902782/signature-resources-files-ni-43-101-technical-report-for-the-initial-mineral-res Publisher: tmx Original announcement: 2025-07-31T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Signature Resources Ltd. - Ticker: SGU - Exchange: TSX - Region: Ontario, Canada - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-08-22 11:15:24 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Signature Resources has filed a NI 43-101 technical report establishing an initial mineral resource for the Lingman Lake Project in Ontario. The maiden resource consists of 2.15 Mt at 1.38 g/t Au \(Indicated\) and 18.4 Mt at 1.14 g/t Au \(Inferred\), totaling approximately 669,520 ounces of gold. Reasoning: The company has filed its first NI 43-101 technical report establishing a maiden mineral resource for the Lingman Lake Project, totaling ~679k oz Au, though it remains heavily weighted toward the Inferred category. - Positive factor: Maiden resource establishment - Positive factor: Significant gold ounces reported - Positive factor: NI 43-101 compliant technical report filed - Positive factor: QP sign-off provided - Negative factor: High proportion of Inferred resource \(approx 88% of tonnes\) - Negative factor: Resource is not highly sensitive to cut-off grade \(implies high-grade concentration in upper portions\) Facts used in scoring: 2 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The report represents the first mineral resource estimate for the Lingman Lake deposit. Evidence · text > represent the first mineral resource estimate that has been prepared for Lingman Lake deposit **All Inferred** Polarity: negative Definition: 100% of resource is Inferred category — very early stage, no engineering confidence. Why it applies: While there is an Indicated component, the vast majority of the tonnage \(88%\) is Inferred. Evidence · text > Indicated resource of 2.15 million tonnes... plus an inferred resource of 18.4 million tonnes **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource is prepared in accordance with NI 43-101 standards. Evidence · text > The MRE has been prepared for the Lingman Lake Deposit in accordance with NI 43-101 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Mr. Walter Hanych, P. Geo. is named as the Qualified Person. Evidence · text > reviewed and approved by Mr. Walter Hanych, P. Geo, consultant and Head Geologist, is a Qualified Persons under NI 43-101 regulations **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The cut-off grade used for the MRE is explicitly stated. Evidence · text > The MRE is reported using a cut-off grade of 0.30 g/t Au. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-files-ni-43-101-technical-report-for-the-initial-mineral-res--e571f5e7-7c16-41de-872b-79a34de233e6#fact-resource-facts-0) gold #### Identity - Commodity: gold - Ticker: SGU #### Resource Data - Category: indicated - Tonnes: 2150000 - Grade: 1.38 - Grade Unit: g/t - Contained Metal: 95200 - Contained Unit: oz Au #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-07-31T00:00:00.000Z Reasoning: Indicated resource component of the maiden estimate. - Positive factor: Indicated category provides reasonable geological confidence Evidence · text > Indicated resource of 2.15 million tonnes with an average grade of 1.38 grams-per-tonne gold \("g/t Au"\) for an estimated 95,200 ounce of gold ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-files-ni-43-101-technical-report-for-the-initial-mineral-res--e571f5e7-7c16-41de-872b-79a34de233e6#fact-resource-facts-1) gold #### Identity - Commodity: gold - Ticker: SGU #### Resource Data - Category: inferred - Tonnes: 18400000 - Grade: 1.14 - Grade Unit: g/t - Contained Metal: 674320 - Contained Unit: oz Au #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-07-31T00:00:00.000Z Reasoning: Inferred resource component of the maiden estimate. - Positive factor: Large tonnage contribution to total resource - Negative factor: Inferred category represents higher geological uncertainty Evidence · text > inferred resource of 18.4 million tonnes with an average grade of 1.14 g/t Au totalling 674,320 oz Au ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.