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SAGA Metals Featured in ‘The Northern Miner’ as Drilling Preparations Continue at Radar Project in Labrador
Globenewswire· 2025-10-20 12:30
Core Insights - SAGA Metals Corp. is advancing its Radar Project with preparations for Phase 1 of the 2025–2026 drill program at the Trapper Zone, aiming for a maiden Mineral Resource Estimate [1][15][19] Drilling Program Preparation - Drill crews are set to mobilize in early November for a 15,000 m diamond drilling program targeting a 3 km strike length and oxide layering to depths of approximately 200 meters [3][5][6] - The initial drilling will consist of 1,500-2,500 m across 6-10 holes, each around 250 m deep, with continuous core logging and assay results throughout the program [6][9] Metallurgical Testing - SAGA has commissioned Impact Global Solutions Inc. to conduct metallurgical tests on diamond drill core and surface samples, focusing on the correlation between various assays and yields from vanadiferous titanomagnetite [7][8] - Preliminary tests will assess the quality and yields of potential VTM concentrates from different intrusive layers [8][12] Project Outlook - The Radar Property spans 24,175 hectares and hosts the Dykes River intrusive complex, with geological mapping confirming oxide layering over more than 20 km [10][11] - The project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [11][19] Financial and Strategic Position - The company recently completed a fully subscribed financing of approximately $3 million, enhancing its capacity for the drilling program and resource estimation efforts [16][19] - The successful drilling at the Hawkeye Zone in early 2025 has confirmed broad zones of titano-magnetite-rich oxide layering, supporting ongoing exploration momentum [17][19]
SAGA Metals Confirms a 3 km Continuous Magnetic Anomaly in the Trapper Zone at the 100% Owned Radar Titanium Property in Labrador, Canada & Provides Corporate Update
Globenewswire· 2025-08-05 13:00
Core Insights - SAGA Metals Corp. has confirmed a 3 km continuous magnetic anomaly in the Trapper zone, indicating significant exploration potential [1][2][10] Geophysical Survey Findings - A ground-based magnetic survey conducted in July 2025 revealed strong magnetic responses, with readings reaching as high as 115,498 nT in the northern Trapper zone and over 113,000 nT in the southern Trapper zone [6][10] - The survey utilized a grid of N-S lines spaced 50 m apart, with observations made at stations spaced 20 m apart, mapping a distinct NW trend of magnetic highs [4][5] Trapper Zone Characteristics - The Trapper zone exhibits a strike length and width comparable to notable other projects, with a potential 20 km oxide layer strike suggested by the continuity of oxide layering [2][10] - Excavator trenching has exposed semi-massive to massive vanadiferous titanomagnetite (VTM) mineralization over a total of 504 m, confirming the magnetic responses [9][10] Project Infrastructure and Support - The Radar Titanium Project, covering 24,175 hectares, is well-supported by existing infrastructure, including road access, a deep-water port, and nearby hydroelectric power [14][15] - The project has received government support under the JEA 2025 program, with up to $143,949 in non-dilutive funding approved to offset exploration costs [17] Future Exploration Plans - A 15,000-meter drill program is planned to establish a maiden drill-indicated mineral resource, leveraging the large oxide layers and upgraded infrastructure within the Trapper zone [16] - The exploration potential of the 20 km long arcuate response of the regional aeromagnetic has been confirmed through geophysical surveys and trenching [10][19]