Northwire Canada EditionFriday, August 7, 2026
Northwire
NXS 0.170 +0.0% NTH 0.170 +3.0% IMG 22.48 +0.6% ATY 0.255 +0.0% SMN 0.110 −4.3% WPM 175.79 +1.9% CNC 1.60 −4.8% RME 0.175 +0.0% INTR 0.770 −3.8% PNTR 0.430 −4.4% COPR 0.350 +0.0% YGT 0.180 +0.0% ARIC 0.880 +6.0% LUCA 0.920 −3.2% IVN 11.39 −0.3% HHH 4.30 +9.1% NXS 0.170 +0.0% NTH 0.170 +3.0% IMG 22.48 +0.6% ATY 0.255 +0.0% SMN 0.110 −4.3% WPM 175.79 +1.9% CNC 1.60 −4.8% RME 0.175 +0.0% INTR 0.770 −3.8% PNTR 0.430 −4.4% COPR 0.350 +0.0% YGT 0.180 +0.0% ARIC 0.880 +6.0% LUCA 0.920 −3.2% IVN 11.39 −0.3% HHH 4.30 +9.1%
Drill Results

Signature Resources Announces Results of the 2025 Annual General & Special Meeting of Shareholders and Provides Update on Winter Drill Program

SGU · Price

Executive Summary

  • Six management‑proposed directors were elected with >99% support at the annual general and special meeting.
  • The board was fixed at six members, the auditor reappointed, and the Incentive Stock Option Plan reaffirmed.
  • An expanded winter diamond drill program is underway, now targeting eight holes (~3,900 m) to extend known gold mineralization both deeper and laterally; ~1,312 m have been completed to date with results pending.

Key Details

  • Director Elections: Paolo Lostritto, Dan Denbow, Stephen Timms, Lisa Davis, John Hayes, Matthew Goodman – each received 38,493,814 votes (99.94%).
  • Board Fixing: Shareholders approved fixing the board at six directors (99.94% for).
  • Auditor Reappointment: McGovern Hurley LLP reappointed unanimously (100% for).
  • Incentive Stock Option Plan: Reapproved with 99.84% support.
  • Winter Drill Program Expansion: Originally 3,000 m; now eight planned DDH’s totaling ~3,900 m after oversubscribed equity offering (Oct 30 2025).
  • Drilling Progress: ~1,312 m completed as of early December; camp closure scheduled for second week of Dec, with field work resuming early 2026.
  • Depth Extension Targets:
  • LM25‑01: Re‑entry/extension to 600 m depth (240 m extension); samples in lab, results pending.
  • LM25‑02: Completed 530 m; “leopard rock” footwall intersected within 5 m of model; assay results pending.
  • LM25‑04: Planned 675 m depth; to intercept mineralization ~300 m below known zones, drilling after holiday break.
  • LM25‑03: 90% complete (600 m target); samples expected before holiday break.
  • Lateral Extension Targets:
  • LM25‑05: 500 m depth, SW‑NE orientation; tests South Zone width (~50 m) and North Zone extension.
  • LM25‑06 & LM25‑07: 350 m and 500 m depths respectively; target low‑resistivity anomaly west of 2024 holes.
  • LM25‑08: Planned 500 m depth, 300 m further west; aims to demonstrate mineralization continuation 600 m beyond the conceptual pit.
  • Geophysical Context: Drill targets aligned with high chargeability/low resistivity anomalies identified in 3D Alpha IP and magnetic surveys (depths 125‑225 m, extending to 500 m).
  • Qualified Person Review: Technical content reviewed and approved by Walter Hanych, P. Geo., Qualified Person under NI 43‑101.

Notable Quotes

(No direct CEO/President quotes were included in the release.)

Read the original news release →

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