Signature Resources Refines 2025 Fall Drilling Targets using 3D IP Survey, Announces Equity Raise
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Signature Resources Refines 2025 Fall Drilling Targets using 3D IP Survey,
Announces Equity Raise
Toronto, Ontario, September 25, 2025, Signature Resources Ltd. (TSXV: SGU, OTCQB:
SGGTF, FSE: 3S30) ("Signature" or the "Company") is pleased to provide the proposed diamond
drill hole (“DDH”) program to be completed in the fall of 2025. It is contemplated that the
Company would drill six DDH’s for approximately 3,000 metres (“m”). One of the key findings
from the NI 43 -101 technical report published July 31,2025 was the deposit remained open
laterally along the East/West trend and at depth. The Company has def ined this drill program
based upon the modeling work culminating from historical drilling results and areas of interest
defined by geophysical work looking at the strong correlation of mineralization with high
chargeability and low resistivity . The targets identified for the upcoming program are
considerably larger than the ones associated with drilling done to date (see figures below).
“The Company remains focused on completing fundamental work that will continue
to demonstrate the potential of significantly expanding the mineral resource of the
Lingman Lake Property. The 3D IP survey identified anomalies which correlated to
known mineralized zones. To this end, part of t he drill program will test the West
Zone 590 metres west of DDH LM24-13 and 14 which were the most westerly holes
drilled in 2024, and to a vertical depth of up to 475 m. This work is another example
of the thorough fundamental work that has been undertaken to prove the potential
of the Lingman Lake Deposit which will also assist with vectoring regional targets.”
- J. Dan Denbow, CFA – President, CEO and Director
The Company is also announcing that it is undertaking a non-brokered private placement of flow -
through units (“FT Units”) and non- flow-through Units (“NFT Units”) for gross proceeds of up to
C$3,000,000 (the “Offering”). It is anticipated that insiders will subscribe for at least 20% of the offering.
3D Alpha IP and Mag Surveys
A geophysical interpretation report was produced by Simcoe Geoscience Limited December 18,
2021, that identified a number of anomalies based upon the analysis of a 3D Alpha IP – Wireless
Time Domain Distributed Induced Polarization & Ground Magnetic Survey. The survey
comprised an area of 3km (east/west) by 1.6 km (north/south) and to a depth of 600 m covering
the main area surrounding the Lingman Lake Mine. As a result of the 2024 drill program and
with on-going geological model refinement, correlation with the 3D IP Survey has identified many
areas of opportunity; laterally along the currently defined mineralized zones and untested areas
north and south of the currently defined mineralized zones. The objective of the survey was to
map the chargeability, resistivity and total magnetic field intensity responses associated with
disseminated and sub- massive sulphides associated with structurally controlled gold
mineralization similar to historic West, North, Central, South and the 11650N zones documented
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on the property. Figure 1 shows the plan view of the of the anomalous zones identified in the
surveys as well as the location of five sections the company is targeting for our 2025 drill program
to test these zones.
Figure 1. Geophysical Interpretation Plan with Mineralized Zones
The 3D view in Figure 2 is a selection of Resistivity sections and the relation to the modeled
gold zones. There is a high correlation with the low resistivity anomaly near surface and the
identified gold mineralization. As can be seen from the figure, the deeper occurrences of the
large low resistivity anomaly are largely untested by drilling and occur across the Lingman
Lake Deposit. The first section in the graphic (Target Section-A 5057800E) is where the
Company plans to drill two deeper holes, the North, Central and South Gold Zones have been
identified near surface. The last section in the view (Target Section-D 506200E) is targeting
the untested West Zone strike extension which can be seen is lined up to intersect this section.
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Figure 2. 3D View of Sections with Showing Gold Mineralization Zones
2025 Fall Drilling Program
For the past two years the Company has been focused on upgrading our historical database through
digitizing our data, increased mapping of the area and overall improving our ability to deliver better
identification and delineation of the mineralized zone. The 2024 drill program was purpose built for the
completion of the Company’s initial mineral resource estimate delivered earlier this year. Signature is
now able to combine all the historical data, resource modeling and the geophysical work from the 3D
Alpha IP study to improve targeting along trend and at depth. The objective of the fall program is to
continue extending the resource along the east-west strike and to test the extent of mineralization at
depth below the currently defined resource.
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Figure 3. Target Section A 507780E
Target Section-A (507780E) is located at the east end of the Lingman Lake gold zones and
slices anomaly AZ 3f, being 400 m long, more or less in the middle of it. High chargeablity is
associated with low resistivity where the North Zone anomaly converges at depth with the
larger IP feature just as in the above section 507600E. Two holes along a drill fence are
planned. One hole will be about 500m in length drilled to vertical depth of 410m below surface,
designed for a separation from 88-76 of about 90 m. The other hole will be about 600m in
length. to vertical depth of 490m with a separation from the previous mentioned hole of about
215 m.
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Figure 4. Target Section B 507600E
Section 507600E is in the area of the merging of the South, Central and North Zones as well as
the convergence of IP zones both in chargeability and resistivity. It also the area of the significant
mineralization encountered in drill holes LM 24-06 and 07. High chargeability is associated with
low resistivity are define anomalous area AZ-3f. A hole of 500 m to 550 m is planned to intersect
the down dip extensions of all of the zone with South Zone expected at 220 m vertical depth and
the North Zone at 325 m vertical depth.
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Figure 5. Target Section C 507200E
The anomalous zone AZ-3a to 3b correlates with the 11650 and South Zone mineralized
shear-alteration structures. The IP responses consist of high chargeability, low resistivity and
moderate to high magnetic susceptibility. The South Zone in the area of this section has a
horizontal width at and near surface exceeding 50 m. A 600 m drill hole is planned for this
section to intersect the 11650, South, Central and North Zones. The hole will likely be planned
to hit the South Zone at a vertical depth of 190 m and the North Zone at a vertical depth of 300
m.
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Figure 6. Target Section D 506200E
Several shallow drill targets (AZ-1b, 2a and 3b and DZ-2) occur near the top edge of anomaly
interest which has moderate IP responses that are more similar to observations in the Central
Zone east of the diabase dike. Drill holesLM24-13 and 14 which are located 230 m east of this
section likely intersected the near surface expression of the anomaly. The elevation (275 m
depth) of Deep zone (DZ-3b) and target Az-2a are planned to be tested by a 500 m drill hole.
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Figure 7. Target Section E 505900E
The anomalous zone AZ-1a to 1e correlate with North Zone and West Zone shear alteration-
structures with AZ-1a located at the western end of the zone. The anomaly of interest in
Section 505900E is Anomaly AZ-1a with a deep zone (DZ-1a) drill target. The anomaly is
interpreted to be an area of high chargeability with low resistivity and strong magnetic
susceptibility response situated along the northwestern strike extension of the West Zone.
This section is situated 590 m northwest of drill holes LM24-13 and 14. A 500 m drill hole will
be designed to intersect the target at a vertical depth of 290 m.
Equity Financing
The Company is offering a non-brokered private placement of FT Units and NFT Units for
gross proceeds of up to C$3,000,000 (the “Offering”). It is anticipated that insiders will
subscribe for at least 20% of the offering.