# Signature Resources Files NI 43-101 Technical Report for the Initial Mineral Resource for the Lingman Lake Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/signature-resources-files-ni-43-101-technical-report-for-the-initial-mineral-res--cc2e190e-c0b3-4bb5-91d8-2b3705165b17 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: 2026-09-14 23:06:18 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Signature Resources has filed its first NI 43-101 technical report for the Lingman Lake Project, establishing a maiden mineral resource of 20.55 million tonnes at 1.18 g/t Au \(769,520 oz Au\). The resource comprises 2.15 Mt Indicated and 18.4 Mt Inferred, with the company planning a 6,000m follow-up drill program in 2025. Reasoning: The filing of the first NI 43-101 technical report and maiden MRE for Lingman Lake is a major de-risking milestone, though the resource is heavily weighted towards the Inferred category. - Positive factor: Maiden resource establishment - Positive factor: Significant gold ounces \(approx 769koz total\) - Positive factor: NI 43-101 compliant technical report filed - Positive factor: Resource shows low sensitivity to cut-off grade - Negative factor: High proportion of Inferred resource \(approx 88% of total tonnes\) - Negative factor: Historical data exclusion due to lack of verification 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. No prior estimate exists, so every change band is not applicable. Why it applies: The report represents the first mineral resource estimate for the Lingman Lake deposit. Evidence · text > the basis for the initial mineral resource estimate \("MRE"\) for the Lingman Lake Mine Project **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The technical report was 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: Multiple Qualified Persons \(P.Geo, P.Eng\) are named as responsible for the technical content. Evidence · text > The scientific and technical content of this press release have been reviewed and approved by Mr. Walter Hanych, P. Geo ## 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-extractions.minestarters.com/news/signature-resources-files-ni-43-101-technical-report-for-the-initial-mineral-res--cc2e190e-c0b3-4bb5-91d8-2b3705165b17#fact-resource-facts-0) Lingman Lake Project · gold #### Identity - Project: Lingman Lake Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario, Canada - Ticker: SGU #### Resource scope - Estimate type: resource - Effective date: 2025-05-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Walter Hanych, Farshid Ghazanfari, Gerhard Kiessling, Marti Frennan, Cameron Finlayson, Jeff Plate - Resource group id: resource:b1b79957cc5d879fe176 - Deposit or zone: Lingman Lake Deposit - Mining method: combined - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 2150000 - Grade: 1.38 - Grade Unit: g/t - Contained Metal: 95200 - Contained Unit: oz au - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-05-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-07-31T00:00:00.000Z Reasoning: Indicated portion of the maiden resource provides a stable base for future studies. - Positive factor: Indicated category provides solid 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 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/signature-resources-files-ni-43-101-technical-report-for-the-initial-mineral-res--cc2e190e-c0b3-4bb5-91d8-2b3705165b17#fact-resource-facts-1) Lingman Lake Project · gold #### Identity - Project: Lingman Lake Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario, Canada - Ticker: SGU #### Resource scope - Estimate type: resource - Effective date: 2025-05-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Walter Hanych, Farshid Ghazanfari, Gerhard Kiessling, Marti Frennan, Cameron Finlayson, Jeff Plate - Resource group id: resource:79d974ca67c0fe720628 - Deposit or zone: Lingman Lake Deposit - Mining method: combined - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 18400000 - Grade: 1.14 - Grade Unit: g/t - Contained Metal: 674320 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-05-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-07-31T00:00:00.000Z Reasoning: The bulk of the resource is in the Inferred category, which carries higher geological risk. - Positive factor: Large tonnage component - Negative factor: High proportion of Inferred material Evidence · text > inferred resource of 18.4 million tonnes with an average grade of 1.14 g/t Au totalling 674,320 oz Au #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.