# 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-extractions.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--0a581499-f4a8-4226-85b2-21e4604db0b5

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: Ontario

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-09-14 23:08:32 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Signature Resources has released final results from its 2024 drilling program at the Lingman Lake gold project, highlighted by a 51m intercept at 1.81 g/t Au in the South Zone. The drilling successfully extended mineralization westward and confirmed a larger near-surface gold halo, supporting the upcoming maiden NI 43-101 resource estimate expected this spring.

Reasoning: The program successfully extended mineralization to the west and confirmed a larger gold halo, with several high-grade intercepts and significant widths reported. The results support an upcoming maiden NI 43-101 resource estimate.

- Positive factor: Step-Out Extension

- Positive factor: QA/QC Disclosed

- Positive factor: Significant width intercepts

Facts used in scoring: 7

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

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

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: The release details SGS lab certification and the use of blanks, standards, 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.

## Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### LM24-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--0a581499-f4a8-4226-85b2-21e4604db0b5#fact-drill-facts-0)

Lingman Lake · gold

#### Identity

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

#### Geometry

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

#### Classification

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

#### Location

- Location: South Zone
- Azimuth: 355 °
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

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

Reasoning: 51m width at 1.81 g/t Au is a strong intercept for a near-surface gold halo.

- Positive factor: Significant width

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In November 2023, the Ontario government energized a new 115kV high tension transmission line within 40 km of the histor"

### LM24-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--0a581499-f4a8-4226-85b2-21e4604db0b5#fact-drill-facts-1)

Lingman Lake · gold

#### Identity

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

#### Geometry

- Grade: 3.6
- Grade Unit: g/t
- Intercept: 14 m
- From: 76 m
- To: 127 m
- Hole Depth: 251 m
- Intercept Depth: 76 m

#### Classification

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

#### Location

- Location: South Zone
- Azimuth: 355 °
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

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

Reasoning: High grade 14m sub-interval within the larger 51m intercept.

- Positive factor: High grade sub-interval

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In November 2023, the Ontario government energized a new 115kV high tension transmission line within 40 km of the histor"

### LM24-10

[Link to this fact](https://atlas-extractions.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--0a581499-f4a8-4226-85b2-21e4604db0b5#fact-drill-facts-2)

Lingman Lake · gold

#### Identity

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

#### Geometry

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

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LM24-10:unknown-unknown
- Mining Method: unknown

#### Location

- Location: South Zone
- Azimuth: 225 °
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

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

Reasoning: 34m intercept at 1.8 g/t Au confirms South Zone mineralization.

- Positive factor: Significant width

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In November 2023, the Ontario government energized a new 115kV high tension transmission line within 40 km of the histor"

### LM24-10

[Link to this fact](https://atlas-extractions.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--0a581499-f4a8-4226-85b2-21e4604db0b5#fact-drill-facts-3)

Lingman Lake · gold

#### Identity

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

#### Geometry

- Grade: 7.7
- Grade Unit: g/t
- Intercept: 6 m
- Hole Depth: 353 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LM24-10:unknown-unknown
- Mining Method: unknown

#### Location

- Location: South Zone
- Azimuth: 225 °
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

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

Reasoning: 6m at 7.7 g/t Au is a strong high-grade segment.

- Positive factor: Bonanza Intercept

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In November 2023, the Ontario government energized a new 115kV high tension transmission line within 40 km of the histor"

### LM24-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--0a581499-f4a8-4226-85b2-21e4604db0b5#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: canada\_on
- Ticker: SGU

#### Geometry

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

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LM24-11:135-153
- Mining Method: unknown

#### Location

- Location: West Zone
- Azimuth: 215 °
- Dip: 65 °
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

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

Reasoning: 18m at 1.23 g/t Au is a moderate intercept for the West Zone.

- 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

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In November 2023, the Ontario government energized a new 115kV high tension transmission line within 40 km of the histor"

### LM24-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--0a581499-f4a8-4226-85b2-21e4604db0b5#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: canada\_on
- Ticker: SGU

#### Geometry

- Grade: 10.7
- Grade Unit: g/t
- Intercept: 1 m
- From: 135 m
- To: 153 m
- Hole Depth: 350 m
- Intercept Depth: 135 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LM24-11:135-153
- Mining Method: unknown

#### Location

- Location: West Zone
- Azimuth: 215 °
- Dip: 65 °
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

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

Reasoning: 1m at 10.7 g/t Au is a high-grade spike.

- Positive factor: Bonanza Intercept

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In November 2023, the Ontario government energized a new 115kV high tension transmission line within 40 km of the histor"

### LM24-14

[Link to this fact](https://atlas-extractions.minestarters.com/news/signature-resources-reports-final-results-for-the-2024-drilling-program-highligh--0a581499-f4a8-4226-85b2-21e4604db0b5#fact-drill-facts-6)

Lingman Lake · gold

#### Identity

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

#### Geometry

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

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LM24-14:166-196
- Mining Method: unknown

#### Location

- Location: West Zone
- Dip: 45 °
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

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

Reasoning: 30m at 0.37 g/t Au extends the West Zone strike by 180m.

- Positive factor: Step-Out Extension

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In November 2023, the Ontario government energized a new 115kV high tension transmission line within 40 km of the histor"

## 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.
