Signature Resources (TSX-V:SGU) has received the final three diamond drill hole assay results, highlighting the potential to expand the existing resource at the Lingman Lake Gold deposit in Canada.
The 2025–26 winter drill program comprised nine holes for 4,006m, designed to test the deposit at depth east of the diabase dyke and the strike extension of the gold zones west of the dyke.
Signature says the results are ‘significant’ as it supports continuity of structure mineralisation at depth, validates the current geological model, and helps define priority targets for future drilling.
CEO Dan Denbow says the program increased the company’s understanding of the mineralisation and highlights an undrilled area that could expand the deposit’s resource.
“It has also improved targeting for future drill programs and provided guidance for prospecting work,” Denbow notes.
“Surface work has already begun with a number of surface samples showing the potential of the 32km greenstone belt.”
Hole LM25-06, drilled to 200m, intercepted the leopard rock at 132m and continued for the remainder of the hole, which is considered wider than normal.
Based on core observations, the Central Gold Zone was intercepted very near surface beginning at 11m and occurred at two distance zones — CZ-A and CZ-B — which, combined, occur for 16m ending at 27m for an average grade of 0.11 grams per tonne of gold (Au).
Hole LM25-07 tested the heart of the anomaly identified in an induced polarisation (IP) study and first encountered the CZ-A at 95m, continuing to 107m. The average grade for the 12m intercept is 0.07g/t Au, including a 1m intercept at 102m grading 0.25g/t Au.
Meanwhile hole LM25-08 was drilled to a depth of 410m. A short intersection of the Central Zone occurred at 164m for 3m, with an average grade of 0.17g/t Au.
Lingman Lake’s initial resource contains 95,200 ounces in the indicated category @ 1.38g/t Au and 674,320 ounces in the inferred category @ 1.14g/t Au.
Signature Resources is a Canada-based explorer focused on expanding the Lingman Lake deposit located in the Red Lake district of Northwestern Ontario, Canada.
Write to Aaliyah Rogan at Mining.com.au
Images: Signature Resources
