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Signature Resources confirms depth continuity at Lingman Lake

Signature Resources (TSX-V:SGU) has announced results for its final diamond drill holes (DDH) to the east of the diabase dyke from its 2025–26 drill program.

Key highlights include 1.37 grams per tonne gold over 32m in South Zone B, including an 8m segment averaging 3.75g/t gold, and 1.62g/t gold over 7m in North Zone B.

The program was designed to test the depth extensions of the Lingman Lake deposit, with drill hole LM 25-05 extending the North Zone by 200m to a vertical depth of 600m and the South Zone by 200m to a vertical depth of 400m.

Signature notes that these results indicate continuity at depth, validate the geological model, and provide refined priority targets for future drilling.

President and CEO Dan Denbo says the company is pleased with the results.

“The holes were significant step-outs, which clearly exhibited the depth potential at Lingman Lake deposit, from 400m vertical depth to 600m vertical depth, and remains open.

“We are anxiously waiting for the results west of the diabase dyke targeting the extension of the West Zone, which have the potential to extend the mineralisation laterally 600m to the west from the initial resource published last year.”

The program comprised nine holes for 4,006m and was completed in May 2026, with core samples delivered to SGS labs for analysis.

LM 25-05 was drilled to 710m at a dip of -60 degrees and an azimuth of 29.7 degrees. The hole intercepted the three main gold zones, as predicted, extending each of them at depth.

Drilling confirms the entire South Zone mineralised envelope extends across a width of 128m, averaging 0.38g/t gold and extending to a vertical depth of 400m.

Drilling also intersected a broad, ‘lower-grade’ zone of 75m averaging 0.03g/t gold.

Signature notes that a decision was made to extend LM 25-05 into the North Zone, with the hole intersecting the North Zone A segment from 618 to 636m, with an average grade of 0.16g/t gold. The North Zone was encountered again in the B segment from 675 to 695m, with an average grade of 0.70g/t gold over 20m.

The company’s goals with this drill program were to test the lateral extensions on the west of the diabase dyke as well as the depth extensions to the east.

A new target, LM 25-10, was also added to the winter drill program to test a linear VLF-EM conductor, with its east end intercepted in DDH LM 25-04. An 8m interval returned results displaying features similar to the Lingman Lake gold zones, averaging a grade of 0.14g/t gold from 125–133m.

Signature Resources has now completed a review of the staked claims to streamline claim management with the Ontario Ministry of Mining Lands Administration System. With its recent claim restructuring, the company has amalgamated its claims into 159 multi-cell claims, with 25 single cell claims, four freehold fully patented claims, and 14 patented mineral rights claims, totalling 23,033.2 hectares.

Signature Resources is an advanced stage exploration company focused on expanding the wholly owned Lingman Lake gold deposit in Northwestern Ontario.

Write to Amy Rotman at Mining.com.au

Images: Signature Resources
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Written By Amy Rotman
Amy Rotman is a mining-focused editor and content strategist with extensive experience across industry media and investor engagement. She curates expert interviews, corporate news updates, and market insights that highlight global mining trends and investment opportunities.