Signature Resources Ltd. announced that the Company has received its exploration permit, number PR-21-000218, for the Lingman Lake project. The permit covers 197 claims surrounding the patented claims. The permit is in effect for three years, allowing the Company to complete its 2024 planned drilling campaign as well as expanded drilling operations in the coming years once the Company has reviewed the results of the 2024 programs. The team is currently completing its 2024 field program that was focused on: mapping historical activity at the site, structural mapping and locating proposed drill locations and reviewing any structural outcroppings that might better locate and design the proposed drill holes. This program is progressing very well and once completed in early June, the team will review its findings and any impact it might have on the design of the 2024 drill program.

The Company is excited to launch this drill program that has been designed to most efficiently use its exploration funds to enrich its understanding and knowledge of the Lingman Lake Project and enable its to reach its goal of publishing a maiden NI 43-101 in the spring of 2025.