Sagaliam Acquisition (SAGA)

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SAGA Metals Appoints Accomplished Mining Executive Peter Hogendoorn to Board of Advisors and Engages Xander Capital Partners
Globenewswire· 2025-06-30 13:00
VANCOUVER, British Columbia, June 30, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical minerals discovery, is pleased to announce the appointment of seasoned mining executive Peter Hogendoorn to its Board of Advisors, along with a key investor relations partnership aimed at elevating shareholder engagement and corporate visibility. Appointment of Peter Hogendoorn to Board of Advisors With ove ...
SAGA Metals Mobilizes and Commences Summer Work Programs at Recently Drilled 100% Owned Radar Titanium Property in Labrador, Canada & Provides Corporate Update
Globenewswire· 2025-06-26 13:00
VANCOUVER, British Columbia, June 26, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to announce the mobilization and commencement of its 2025 summer field program at the 100% owned Radar Titanium Property (the “Property”) in Labrador, Canada. Field crews arrived on site on June 17 and have initiated ground-based geophysical surveys targeting future high-priori ...
SAGA Metals Engages Paul McGuigan as its Qualified Person to Oversee Advancement of the Radar Ti-V-Fe Project in Labrador & Provides Corporate Update
Globenewswire· 2025-06-04 13:00
VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to announce the appointment of Paul McGuigan, P. Geo., as its Qualified Person on the exploration and development of the Radar Ti-V-Fe Property (the “Project”) in Labrador. Mr. McGuigan will advise on standards of practice for QAQC, structural mapping, drilling and deposit mode ...
SAGA Metals Reports Significant Final Drill Holes from the 2025 Winter Program at Radar Ti-V-Fe Property in Labrador
Globenewswire· 2025-05-29 06:00
Core Viewpoint - SAGA Metals Corp. has announced successful final drill results from its 2025 maiden drill program at the Radar Ti-V-Fe Property, confirming the potential for significant mineralization in the area [1][2][18]. Drill Results Summary - The final three drill holes (HEZ-06, HEZ-02, HEZ-03) confirmed the presence of a highly mineralized zone with significant intercepts of vanadiferous titanomagnetite [2][9]. - HEZ-06 reported an intercept of 28 meters grading 20.11% Fe, 4.22% TiO₂, and 0.214% V₂O₅, while HEZ-02 and HEZ-03 reported grades of 12.40% Fe and 11.37% Fe respectively [6][15]. - The drilling program has confirmed the existence of oxide layering and associated magnetic anomalies to depths of up to 300 meters, covering only 1/40th of the identified 20 km strike extent of the oxide layering zone [15][18]. Geological Context - The Radar Property, covering 24,175 hectares, is strategically located near Cartwright, Labrador, benefiting from excellent infrastructure [16][21]. - The Dykes River intrusive complex is recognized for its titanium-vanadium-iron rich layers, which are advantageous for simplified metallurgical processing [17][18]. Next Steps - SAGA plans to conduct detailed ground geophysics over the main regional airborne magnetic anomalies and execute a high-resolution aeromagnetic survey to identify high-priority drilling targets [10][11]. - The company has initiated metallurgy and petrography analysis on core samples to assess recoverable vanadiferous magnetite and the quality of potential concentrates [12][18]. Company Overview - SAGA Metals Corp. focuses on the exploration and discovery of critical minerals, including titanium, vanadium, and iron ore, which are essential for the green energy transition [21][23]. - The company also holds additional exploration assets in Labrador and has a partnership with Rio Tinto for lithium exploration in Quebec [22][23].
SAGA Metals Announces First Tranche Closing
Globenewswire· 2025-05-27 13:00
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. (the “Company” or “SAGA”) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce that it has closed a first tranche (the “First Tranche”) of its non-brokered private placement announced on May 2, 2025 (the “Offering”) for gross proceeds of $1,239, ...
SAGA Metals Reports Significant New Drilling Results from Radar Ti-V-Fe Project in Labrador
Globenewswire· 2025-05-26 06:00
Core Insights - SAGA Metals Corp. has announced additional drill results from its 2025 maiden drill program at the Radar Ti-V-Fe Project, confirming the presence of a strong magnetic anomaly and extensive mineralization [1][8][12] Drilling Results - Key drill intercepts from holes HEZ-05 and HEZ-07 show high-grade mineralization, with notable samples reporting iron (Fe) grades up to 45.4%, titanium dioxide (TiO₂) up to 9.1%, and vanadium pentoxide (V₂O₅) up to 0.66% [2][3][7] - HEZ-07 reported a 20.2-meter intercept grading 31.35% Fe, 6.32% TiO₂, and 0.435% V₂O₅, while HEZ-05 reported a 25.0-meter intercept grading 19.92% Fe, 4.14% TiO₂, and 0.213% V₂O₅ [12][7] Geological Assessment - The assessment of drill holes HEZ-05 and HEZ-07 confirmed a consistent Ti-V-Fe relationship, with significant titanomagnetite content averaging over 25% in both holes [4][8] - Geological correlations indicate continuity of oxide layering down to a vertical depth of 300 meters, with massive to semi-massive oxide layers identified [5][10] Project Overview - The Radar Property, covering 24,175 hectares, is strategically located near Cartwright, Labrador, benefiting from excellent infrastructure [16][24] - The Dykes River intrusive complex has gained attention due to its extensive Ti-V-Fe rich layers, with a 20 km long exploration target identified [17][18] Future Exploration Plans - Following the successful results, SAGA Metals plans to expand exploration systematically, utilizing magnetic surveys and targeted drilling to further assess the 20 km strike extent of the oxide layering zone [14][15]
SAGA Metals Appoints Vernon Shein, Former Exploration Manager at B2Gold, to its Board of Advisors
Globenewswire· 2025-05-15 06:00
Company Overview - SAGA Metals Corp. is a North American exploration company focused on discovering critical minerals that support the global transition to green energy [5] - The company's flagship asset is the Double Mer Uranium Project in Labrador, Canada, covering 25,600 hectares with significant uranium radiometrics [5] - SAGA also owns the Legacy Lithium Property in Quebec, developed in partnership with Rio Tinto, covering 65,849 hectares [6] - Additional exploration assets are located in Labrador, targeting titanium, vanadium, and iron ore [7] Key Appointment - Vernon Shein has been appointed to SAGA's board of advisors, bringing 39 years of exploration industry experience [2] - Shein previously served as Exploration Manager for Bema Gold Corp. and B2Gold, overseeing projects from exploration to production [2][3] - His notable projects include the Kupol Mine in Russia, Jabali Mine in Nicaragua, and the Montana open pit at the Masbate Mine in the Philippines [3] Strategic Focus - The initial focus for SAGA will be on the Radar Ti-V-Fe project near Cartwright, Labrador, which has shown exceptional results from its maiden drill program [4] - The company aims to fast track the Radar project towards advanced development, leveraging Shein's expertise [4] - Shein expressed enthusiasm for SAGA's diversified exploration programs targeting critical minerals essential for the green energy transition [4]
SAGA Metals Extends Claims at the Radar Ti-V-Fe Project --Securing the Entire Titanomagnetite-Bearing Intrusion
Globenewswire· 2025-05-08 06:00
The Company's 100%-owned Radar Property is strategically located just 10 kilometres from the coastal city of Cartwright, Labrador. The location offers excellent infrastructure advantages, including: With the recent expansion, the Radar Property now fully encompasses the Dykes River intrusive complex, a recently identified Mesoproterozoic layered mafic intrusion (Gower, 2017). The complex has garnered significant interest due to its geological resemblance to large AMCG-type intrusions and the presence of an ...
SAGA Metals Reports Significant Drill Results from Maiden Drill Program at Radar Ti-V-Fe Project in Labrador
Globenewswire· 2025-05-05 06:00
Core Insights - SAGA Metals Corp. has announced promising drill results from its 2025 maiden drill program at the Radar Ti-V-Fe Project in Labrador, Canada, indicating significant mineralization potential [1][10][12] Exploration and Drilling Details - The initial drill program consisted of 7 holes totaling 2,200 meters, targeting a magnetic anomaly identified in previous surveys, with drilling reaching depths of 200 meters [2][11] - The drilling confirmed the presence of a titanomagnetite mineralization system, which is advantageous for simplified metallurgical processing [10][12] Key Drill Results - Significant intercepts from the first two holes include: - HEZ-01: 31.5 meters grading 25.95% Fe, 5.34% TiO₂, and 0.28% V₂O₅ [6][7] - HEZ-04: 50 meters grading 24.49% Fe, 4.74% TiO₂, and 0.305% V₂O₅ [6][7] - High-grade samples from HEZ-01 and HEZ-04 showed exceptional grades, with some samples exceeding 60% titanomagnetite content [10][12] Geological Context and Future Plans - The Radar Property encompasses a 20 km long oxide layering zone, with the current drilling covering only 1/40th of this area [11][16] - The company plans to expand exploration systematically, utilizing magnetic surveys followed by targeted drilling to identify the most prospective targets [11][13] Company Overview - SAGA Metals Corp. is focused on the exploration of critical minerals, including titanium, vanadium, and iron ore, which are essential for the green energy transition [20][22] - The company also holds other significant projects, including the Double Mer Uranium Project and the Legacy Lithium Property, positioning it strategically in the mining sector [20][21]
SAGA Metals Announces Non-Brokered Private Placement and Provides Corporate Update
Globenewswire· 2025-05-02 13:00
Financing Overview - SAGA Metals Corp. plans to complete a non-brokered private placement financing for total gross proceeds of C$2,500,000, consisting of 2,500,000 flow-through common share units at C$0.30 per unit and 7,000,000 hard dollar common share units at C$0.25 per unit [1][2] - The flow-through units will include one flow-through common share and one transferable common share purchase warrant, allowing the purchase of one common share at C$0.50 for 24 months from the closing date [2][3] - The hard dollar units will consist of one common share and one warrant with the same purchase terms as the flow-through units [3] Use of Proceeds - Proceeds from the flow-through units will be allocated to Canadian exploration expenses related to critical mineral mining expenditures on the company's properties in Labrador, particularly the Double Mer Uranium Project [6] - Net proceeds from the hard dollar units will be used for administrative and general working capital [6] Marketing and Consulting Agreements - The company has entered into a digital marketing services agreement with Machai Capital Inc. for a fee of C$200,000 over a 60-day term to enhance investor awareness and communication [9][11] - A consulting agreement with Simone Capital Corp. has also been established, providing various marketing services for a fee of C$10,000 per month over a 180-day term [13][14] Company Overview - SAGA Metals Corp. focuses on the exploration and discovery of critical minerals, with its flagship asset being the Double Mer Uranium Project in Labrador, covering 25,600 hectares [17] - The company also owns the Legacy Lithium Property in Quebec and has expanded its holdings through the Amirault Lithium Project, covering a total of 65,849 hectares [18] - Additional exploration assets in Labrador target titanium, vanadium, and iron ore, positioning the company strategically in the green energy transition [19]