Signature Resources Reports More Drill Results from Winter Drill Program, Extends Depth of North Gold Zone 249 Meters

Executive Summary

• Signature Resources announced results from diamond drillhole (DDH) LM 25-03, which successfully extended the known depth of the North Zone by 249 meters.
• The drillhole intercepted all three modeled gold zones (South, Central, and North), providing validation for the company's geological model.
• To date, the winter drill program has completed 3,246 meters of drilling, with results from two additional holes pending.

Key Details

• Drillhole LM 25-03 Specifications: Drilled to a total depth of 545m at a dip of -55 degrees; terminated upon intercepting the Leopard rock unit (footwall for the North Zone).
• North Zone Results: Intercepted at 498m for a width of 22m averaging 0.57 g/t Au, including a 5m section averaging 2.21 g/t Au.
• Central Zone Results: Widest intercept of 34m averaging 0.33 g/t Au, including a high-grade 1m intercept of 7.37 g/t Au.
• South Zone Results: Narrowest intercept of 4m (from 298m to 302m) averaging 0.36 g/t Au, including a 1m intercept of 1.11 g/t Au.
• Depth Extension: The drilling extended known mineralization in the North Zone by 249m deeper relative to DDH LM 24-06 on the same section.
• Program Status:
  • Six diamond drillholes have been completed.
  • The seventh drillhole is currently 47% complete.
  • Total drilling completed to date: 3,246 meters.
• Pending Assays: Samples for DDH LM 25-04 and LM 25-05 have been delivered to SGS Burnaby; results are expected within the next 30 days.