# Signature Resources Reports Final Results for the 2024 Drilling Program Highlighted by a new Drill Intercept of 51 Metres with an Average Grade of 1.81 g/t Gold from LM24-09 in the South Zone

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1

Original source: https://money.tmx.com/en/quote/SGU/news/8178841485061827/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh

Publisher: tmx

Original announcement: 2025-02-18T23:04:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Signature Resources Ltd.

- Ticker: SGU

- Exchange: TSX

- Region: NW Ontario

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-22 11:18:08 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Signature Resources has completed its 2024 drilling program at the Lingman Lake project, highlighted by a 51m @ 1.81 g/t Au intercept in the South Zone. The results demonstrate significant lateral extension of the gold halo and support the upcoming maiden NI 43-101 resource estimate expected this spring.

Reasoning: The drilling program successfully extended known mineralization \(South and West Zones\) and confirmed AI-targeted zones with high-grade intercepts, setting the stage for a maiden NI 43-101 resource.

- Positive factor: significant strike extension

- Positive factor: high-grade intercepts

- Positive factor: successful AI target testing

- Positive factor: maiden resource imminent

Facts used in scoring: 9

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: LM24-13 and LM24-14 established strike extension of the West zone by 180m.

Evidence · text

> establish the strike extension of the West zone, 180 m beyond its know extent

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions SGS certified laboratory and specific QC methods like blanks and duplicates.

Evidence · text

> SGS a certified laboratory and also have internal quality control \("QC"\) programs that include insertion of reagent blanks, reference materials, and pulp duplicates.

**QP/CP Signed**

Polarity: positive

Story-specific tag

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: 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, who is a Qualified Person

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (9)

### LM24-09

[Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1#fact-drill-facts-0)

Lingman Lake · gold

#### Identity

- Hole ID: LM24-09
- Project: Lingman Lake
- Commodity: gold
- Region: canada\_on
- Reported Region: NW Ontario
- Ticker: SGU

#### Geometry

- Grade: 1.81
- Grade Unit: g/t
- Intercept: 51 m
- From: 76 m
- To: 127 m
- Hole Depth: 251 m

#### Classification

- Sample Type: drill
- Group ID: LM24-09:76-127
- Mining Method: unknown

#### Location

- Azimuth: 355 °

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-18T00:00:00.000Z

Reasoning: 51m intercept at 1.81 g/t Au is a strong, wide mineralized zone.

- Positive factor: significant width

- Positive factor: high grade

Evidence · text

> Drill hole LM 24-09 returned 1.81 grams per tonne of gold \("g/t Au"\) over 51 metres \("m"\)

### LM24-09

[Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1#fact-drill-facts-1)

Lingman Lake · gold

#### Identity

- Hole ID: LM24-09
- Project: Lingman Lake
- Commodity: gold
- Region: canada\_on
- Reported Region: NW Ontario
- Ticker: SGU

#### Geometry

- Grade: 3.6
- Grade Unit: g/t
- Intercept: 14 m

#### Classification

- Sample Type: drill
- Group ID: LM24-09:76-127

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-18T00:00:00.000Z

Reasoning: High grade sub-interval within the main intercept.

- Positive factor: high grade sub-interval

Evidence · text

> which includes 14 m with an average grade of 3.6 g/t Au

### LM24-10

[Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1#fact-drill-facts-2)

Lingman Lake · gold

#### Identity

- Hole ID: LM24-10
- Project: Lingman Lake
- Commodity: gold
- Region: canada\_on
- Reported Region: NW Ontario
- Ticker: SGU

#### Geometry

- Grade: 1.8
- Grade Unit: g/t
- Intercept: 34 m
- Hole Depth: 353 m

#### Classification

- Sample Type: drill
- Group ID: LM24-10:unknown-unknown

#### Location

- Azimuth: 225 °

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-18T00:00:00.000Z

Reasoning: Confirms LM24-09 and extends strike by 35m.

- Positive factor: strike extension

Evidence · text

> Drill hole LM24-10 returned 34 m with an average grade of 1.8 g/t Au

### LM24-10

[Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1#fact-drill-facts-3)

Lingman Lake · gold

#### Identity

- Hole ID: LM24-10
- Project: Lingman Lake
- Commodity: gold
- Region: canada\_on
- Reported Region: NW Ontario
- Ticker: SGU

#### Geometry

- Grade: 7.7
- Grade Unit: g/t
- Intercept: 6 m

#### Classification

- Sample Type: drill
- Group ID: LM24-10:unknown-unknown

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-18T00:00:00.000Z

Reasoning: High grade intercept within the 34m zone.

- Positive factor: bonanza grade

Evidence · text

> including six metres with an average grade of 7.7 g/t Au

### LM24-11

[Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1#fact-drill-facts-4)

Lingman Lake · gold

Needs review: ungrounded

#### Identity

- Hole ID: LM24-11
- Project: Lingman Lake
- Commodity: gold
- Region: canada\_on
- Reported Region: NW Ontario
- Ticker: SGU

#### Geometry

- Grade: 1.23
- Grade Unit: g/t
- Intercept: 18 m
- From: 135 m
- To: 153 m
- Hole Depth: 350 m

#### Classification

- Sample Type: drill

#### Location

- Azimuth: 215 °
- Dip: 65 °

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-18T00:00:00.000Z

Reasoning: Standard mineralization intercept.

- Positive factor: high grade sub-interval

Evidence · text

> zone was again intersected from 135 m to 153 m which averages 1.23 g/t Au over 18 m

### LM24-11

[Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1#fact-drill-facts-5)

Lingman Lake · gold

Needs review: ungrounded

#### Identity

- Hole ID: LM24-11
- Project: Lingman Lake
- Commodity: gold
- Region: canada\_on
- Reported Region: NW Ontario
- Ticker: SGU

#### Geometry

- Grade: 10.7
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-18T00:00:00.000Z

Reasoning: High grade 1m intercept.

- Positive factor: high grade

Evidence · text

> includes a 1 m intercept grading 10.7 g/t Au

### LM24-13

[Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1#fact-drill-facts-6)

Lingman Lake · gold

#### Identity

- Hole ID: LM24-13
- Project: Lingman Lake
- Commodity: gold
- Region: canada\_on
- Reported Region: NW Ontario
- Ticker: SGU

#### Geometry

- Grade: 0.39
- Grade Unit: g/t
- Intercept: 18 m
- From: 17 m
- To: 35 m
- Hole Depth: 350 m

#### Classification

- Sample Type: drill

#### Location

- Azimuth: 35 °
- Dip: 65 °

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-18T00:00:00.000Z

Reasoning: Significant step-out hole establishing strike extension.

- Positive factor: step-out extension

Evidence · text

> encountered mineralization from 17 m to 35 m, an 18 m intercept with an average grade of 0.39 g/t Au

### LM24-14

[Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1#fact-drill-facts-7)

Lingman Lake · gold

#### Identity

- Hole ID: LM24-14
- Project: Lingman Lake
- Commodity: gold
- Region: canada\_on
- Reported Region: NW Ontario
- Ticker: SGU

#### Geometry

- Grade: 0.37
- Grade Unit: g/t
- Intercept: 30 m
- From: 166 m
- To: 196 m
- Hole Depth: 302 m

#### Classification

- Sample Type: drill

#### Location

- Dip: 45 °

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-18T00:00:00.000Z

Reasoning: Step-out hole establishing strike extension.

- Positive factor: step-out extension

Evidence · text

> 30 m interval returned an average grade of 0.37 g/t Au

### LM24-14

[Link to this fact](https://atlas-staging.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--bf7cfcec-2c1b-4f74-9547-1494f1636bf1#fact-drill-facts-8)

Lingman Lake · gold

#### Identity

- Hole ID: LM24-14
- Project: Lingman Lake
- Commodity: gold
- Region: canada\_on
- Reported Region: NW Ontario
- Ticker: SGU

#### Geometry

- Grade: 6.85
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-02-18T00:00:00.000Z

Reasoning: High grade 1m intercept.

- Positive factor: high grade

Evidence · text

> with a one metre intercept grading 6.85 g/t 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.