Signature Resources Announces Results of Gold Deportment Study and Appointment of Stacy Freudigmann to Advisory Board

Signature Resources released results from an independent gold deportment and mineralogical study for its Lingman Lake Gold Project in Ontario. The study analyzed composite samples from the North, South, Central, and West zones. Key technical findings indicate that gold mineralization is primarily "free milling" with high recoveries ranging from 92.6% to 96.6%. The gold grains are exposed or partially exposed, suggesting they will respond well to standard gravity and leaching processing methods. Significantly, there is minimal association with arsenopyrite, a mineral that often causes refractory processing issues (high costs). The company also appointed Stacy Freudigmann, a metallurgist and process engineer, to the advisory board and granted him 750,000 options exercisable at $0.09 for five years.

This news is materially positive from a technical de-risking standpoint, though routine in the lifecycle of a developing junior miner. * De-risking: The confirmation of "free milling" gold is critical. Refractory gold (gold locked in sulfides like arsenopyrite) requires expensive pressure oxidation or roasting, often rendering smaller deposits uneconomic. High recovery rates (>92%) via standard leaching significantly improve the potential economics of the project. * Validation of Historic Data: This study validates assumptions likely made during the historical analysis and supports the viability of the Initial Mineral Resource Estimate (MRE) released in mid-2025. * Strategic Appointment: Bringing on a processing expert signals a shift in mindset from pure exploration toward preliminary economic assessment (PEA) and feasibility, aligning with the positive metallurgical results. * Price Validation: The option grant at $0.09 establishes an internal valuation floor, as management and the new advisor are incentivized at current price levels.

Signature Resources is a Canadian exploration company focused on the Lingman Lake Gold Project in the Red Lake district of Ontario. * Flagship Project: Lingman Lake consists of a large land package with historical high-grade gold intercepts. * Resource (June 2025): The initial NI 43-101 resource estimate outlines: * Indicated: 2.15M tonnes @ 1.38 g/t Au (~95,200 oz). * Inferred: 18.4M tonnes @ 1.14 g/t Au (~674,320 oz). * Total ~770,000 ounces. The deposit is hosted within a single conceptual open pit. * Status: The project is in the resource expansion stage, attempting to grow the resource beyond the 1M ounce mark to ensure economic viability.