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Signature Resources Reports First Drill Results from Winter Drill Program, New Potential Zone Intersected

Signature Resources Reports First Drill Results from Winter Drill Program, New Potential Zone

articleSignature Resources Ltd.February 16, 20263/news/signature-resources-reports-first-drill-results-from-winter-drill-program-new-potential-zone-intersected
Signature Resources Reports First Drill Results from Winter Drill Program, New Potential Zone Intersected

About this update from Signature Resources Ltd.

Toronto, Ontario - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ('Signature' or the 'Company') is pleased to announce the results for the first two diamond drillholes ('DDH') from the winter drill program: LM 25-01 and LM 25-02. Both holes were designed to test the zones 150 metre ('m') down dip on the eastern edge of the known resource mineralization. Drilling encountered a wide zone of alteration down dip of all three zones known (South, Central and North) supporting our geologic modeling. It is worth highlighting that diamond drill hole LM 25-04 has encountered an unexpected strong quartz-chlorite-carbonate vein breccia system with variable strong shearing and sulphide mineralization over 19 m. After reviewing the geophysics, this new anomaly coincides with a Very Low Frequency ('VLF') conductor which has a strike length of 1,700 m east-west and located approximately 250 m south of the historic drilling. The Company began its winter drill program in November of 2025 with eight DDH's planned for approximately 3,900 m of drilling. To date we have completed 1,950 m of drilling. Following the holiday break, we re-opened camp, completed restocking of supplies and delivery of fuel and restarted drilling on February 5th. The assay labs continue to be capacity constrained, and their delayed delivery of results has slowed our data compilations. Results for 152 samples from LM 25-03, are still outstanding. The remainder of LM 25-03 has been delivered to SGS Red Lake to begin sample preparation and will be delivered to SGS Burnaby for assaying. As mentioned earlier, the first two diamond drill holes of the program were designed to test the eastern end of the zones at depth. Core logging and assay results support the geologic model which is encouraging for predictive vectoring of future drill holes. As with many high-grade gold systems, the results can be variable as these type systems pinch and swell. We did encounter intercepts along the drill traces with broader mineralized results ranging from 0.10 to 3.33 grams per tonne of gold ('g/t Au'). We wish to remind investors our program is small and very target oriented towards structural continuity, so grade fluctuations are to be expected. Larger drill programs have the luxury of reporting technical results and grade intercepts within realistic deposit scale expectations. Until this program, the...

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