Vanadiferous Titanomagnetite

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SAGA Metals Confirms Significant Oxide Layering in the Northwest of the 100% owned Radar Titanium Project in Labrador, Canada
Globenewswire· 2025-07-08 13:00
Core Insights - SAGA Metals Corp. has confirmed significant oxide mineralization in the northwest section of its 100% owned Radar Titanium Property, building on historical drilling data from 1996 [1][3][20] Exploration and Geophysical Survey - The northwest zone of the Radar Property has shown promising results from a recent magnetic survey, indicating exceptional oxide layering with magnetic highs up to 55,000 nT [7][11] - Historical drilling in the area revealed high concentrations of iron oxide (Fe2O3) and titanium dioxide (TiO2), with notable samples showing 40.27% Fe2O3 and 7.73% TiO2 [2] - The geophysical results suggest that the oxide layering could extend significantly beyond the current 20 km inferred strike length [3][8] Project Overview - The Radar Property spans 24,175 hectares and is strategically located 10 km from Cartwright, Labrador, benefiting from robust infrastructure including road access and a deep-water port [4][20] - The Dykes River intrusive complex, which the Radar Property encloses, is recognized for its titanium-vanadium-iron rich layers, drawing comparisons to large AMCG-type intrusions [5][20] Drilling and Mineralization - The 2025 winter drill program has confirmed the presence of vanadiferous titanomagnetite with significant grades, including notable intercepts such as 20.2 meters grading 31.35% Fe, 6.32% TiO2, and 0.435% V2O5 [25] - Current drilling has only tested a fraction (1/40th) of the identified oxide layering zone, indicating substantial potential for further exploration [25] Infrastructure and Access - SAGA's ground crews have successfully cleared access trails to enhance logistical efficiency for exploration activities across the property [13][14] - The ongoing road maintenance and access trail construction aim to facilitate direct access to key exploration zones, improving overall exploration capacity [14]
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
Core Viewpoint - SAGA Metals Corp. has commenced its 2025 summer field program at the Radar Titanium Property in Labrador, Canada, focusing on critical mineral exploration, particularly titanium, vanadium, and iron [1][18]. Group 1: Field Program Initiation - Field crews arrived on site on June 17, 2025, and have started ground-based geophysical surveys to identify high-priority drill targets [2]. - The construction of an access trail along the 20 km strike extent of the Dykes River Intrusion oxide layering zone is underway, enhancing logistical efficiency [3][4]. Group 2: Infrastructure Development - The program includes clearing overgrown sections of a historic forestry road to facilitate access for trucks and heavy equipment [4]. - A 6-tonne excavator is currently in use, with a larger 25-tonne unit expected to complete the remaining clearing work and construct a new access trail [4][10]. Group 3: Geophysical Surveys - Targeted VLF-EM and magnetic surveys have defined drill targets for the maiden drill program over the Hawkeye zone, with current efforts focused on the Trapper zone [6]. - The survey employs a 25-meter station spacing along lines separated by 50 meters for detailed mapping of magnetic and conductive features [8]. Group 4: Geological Insights - The Radar Property, covering 24,175 hectares, is strategically located 10 km from Cartwright, Labrador, benefiting from excellent infrastructure [13]. - The Dykes River intrusive complex is noted for its titanium–vanadium–iron rich layers, drawing attention due to geological similarities to large AMCG-type intrusions [14]. Group 5: Drilling Program Highlights - The 2025 winter drill program has confirmed the presence of oxide layering and associated magnetic anomalies to depths of up to 300 meters [18]. - Notable intercepts from the drill program include 20.2 meters grading 31.35% Fe, 6.32% TiO₂, and 0.435% V₂O₅ in hole HEZ-07 [18]. Group 6: Research Coverage Engagement - SAGA has engaged Alphabridge Group Inc. for equity research coverage for an initial term of one year, starting June 25, 2025, with a total consideration of $15,000 plus GST [16].
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 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]