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]

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]

Core Insights - SAGA Metals Corp. has completed its maiden drill program at the Radar Titanium-Vanadium project, with the final batch of core samples shipped for analysis [1][3] - The Town of Cartwright has expressed strong local support for the Radar Project, indicating community alignment with SAGA's exploration efforts [2] - The drill program confirmed a large mineralized layered mafic intrusion, with indications of original magmatic textures from over 1 billion years ago, highlighting the region's potential for critical metals [4] Drill Program Details - The initial drill program was planned for 1,500 meters but was expanded to 2,200 meters due to strong early results [3] - Key findings include 130-200 meters of intermittent magnetite layering and a consistent correlation between geophysical anomalies and mineralized zones [5][6] - Drill holes R25-HEZ-01 and R25-HEZ-04 were prioritized for analysis due to their strategic location [6] Future Exploration Plans - Following the success of the maiden drill program, SAGA has initiated a detailed magnetic and electromagnetic survey at the Trapper Zone to identify further drill targets [9][10] - The survey aims to develop a magnetic inversion model to delineate follow-up drill targets along a 20km oxide layer zone [9] - The geophysical work has been recognized as a guiding force for the company's exploration strategy, with plans to confirm the extent of the oxide layer through further drilling [12] Company Overview - SAGA Metals Corp. focuses on the exploration of critical minerals essential for the global transition to green energy, with significant assets in uranium and lithium [13][14][15] - The company holds the Double Mer Uranium Project in Labrador and the Legacy Lithium Property in Quebec, covering a total of 91,449 hectares [13][14]

Core Insights - SAGA Metals Corp. has expanded its Radar Titanium-Vanadium project by adding 180 claims, increasing the total area from 17,250 hectares to 21,750 hectares, which now includes a 20km inferred oxide zone [1][3] Group 1: Project Expansion and Geological Insights - The addition of claims is strategic to secure the full extent of mineralization, with indications that the oxide layer at Hawkeye may be contiguous to the Trapper zone [2] - The Radar Ti-V Property is located 10km south of Cartwright in Labrador, Canada, benefiting from road access and proximity to a deep-water port [3] - The inferred layering appears to be continuous from the Hawkeye zone to the Trapper zone and the new extension, suggesting a significant magnetic anomaly extending approximately 20km [6] Group 2: Drilling Program and Findings - The 2025 maiden drill program was initially planned for 1,500 meters but was expanded to 2,200 meters due to strong early intercepts [9] - Key findings from drilling include 130–200 meters of intermittent magnetite layering, consistent correlation between geophysical anomalies and mineralized zones, and layered Fe-Ti-V mineralization open at depth [11][13] - The company anticipates initial drill results within the next 4-6 weeks, with priority given to specific drill holes that logged significant magnetite layering [14][15] Group 3: Company Overview and Strategic Positioning - SAGA Metals Corp. focuses on the exploration and discovery of critical minerals essential for the global transition to green energy, with its flagship asset being the Double Mer Uranium Project [16] - The company also owns the Legacy Lithium Property in Quebec and has secondary exploration assets in Labrador targeting titanium, vanadium, and iron ore [17][18]

Core Insights - SAGA Metals Corp. has successfully executed its 2025 maiden drill program at the Radar Project, confirming a large mineralized layered mafic intrusion with original primary magmatic textures from over 1 billion years ago [1][20] - The Radar Project is strategically positioned to develop a secure domestic supply of critical metals, particularly vanadium and titanium, essential for the global green energy transition [20][22] Exploration and Geological Findings - The Radar Project was targeted based on distinct geophysical signatures and historical geochemical indicators suggesting Orthomagmatic Fe-Ti-V mineralization [2] - The Dykes River intrusion, which hosts the Radar Ti-V project, has been historically mapped over an area of 160 km, indicating significant untapped potential for critical metals [1][3] - SAGA's exploration efforts have confirmed the presence of key mineralization indicators through extensive sampling, including 388 rock samples analyzed [4][6] Sampling and Geophysical Surveys - Sampling results showed that 49 samples exceeded 4.0% Titanium Dioxide (TiO₂), with a peak of 11.1%, and 36 samples reported values above 0.2% Vanadium Pentoxide (V₂O₅), with a maximum of 0.66% [6][7] - Geophysical surveys identified a highly magnetic "donut-shaped" anomaly, providing insights into the layered structure of the intrusion and allowing for precise drill targeting [8][9] Drill Program and Results - The 2025 maiden drill program initially planned for 1,500 meters was expanded to 2,200 meters due to strong intercepts [10] - Key findings from drilling include 130–200 meters of intermittent magnetite layering and a correlation between geophysical anomalies and mineralized zones [11][14] - The first drill hole, R25-HEZ-01, successfully intercepted magnetite layering sequences from 110 meters to 245 meters downhole [14] Future Prospects - The successful drill program has laid the groundwork for additional step-out drilling to further expand the mineralized system [17] - The company remains optimistic about unlocking the full potential of the Radar Project, which is positioned as a high-potential critical metals opportunity [18][22]

Core Viewpoint - SAGA Metals Corp. provides an update on the 2024 field program at the Legacy Lithium Project in Quebec, operated by Rio Tinto Exploration Canada Inc., highlighting ongoing exploration activities and findings related to lithium mineralization [1][8]. Project Overview - The Legacy Lithium Project covers an area of 34,243 hectares in Quebec's Eeyou Istchee James Bay region and is under an Option to Joint Venture Agreement with Rio Tinto Exploration Canada Inc. [2][3]. Joint Venture Agreement - Under the Option Agreement, Rio Tinto has the option to acquire a 51% interest in the Legacy Lithium Project over four years, with the potential to increase its stake to 75% by spending an additional C$34.18 million on exploration [3]. Exploration Activities - In 2024, RTEC conducted geological mapping, satellite imagery surveys, and airborne magnetics surveys, collecting 173 pegmatite and country rock grab samples for geochemical analysis [8][9]. - The exploration focused on prospecting for lithium mineralization in pegmatites within the James Bay Pegmatite District [9]. Geochemical Findings - The highest Li₂O value found in pegmatite was 85 ppm, with a maximum Li₂O value of 201 ppm found in paragneiss [11]. - Anomalous tantalum and beryllium values were also identified, indicating potential for further exploration [11]. Geophysical Surveys - A helicopter-borne magnetic survey completed 3,096 line-km of data, although only 40% of the planned area was covered due to weather and technical issues [16]. - Pegmatites were mapped and correlated with zones of magnetic lows, aiding in focused exploration efforts for 2025 [17]. Future Exploration Plans - RTEC plans to continue mapping, sampling, and prospecting in 2025, particularly in new zones of interest identified during the 2024 field season [18]. Company Background - SAGA Metals Corp. is focused on the exploration and discovery of critical minerals, including lithium, to support the transition to green energy [24][25].

Core Insights - SAGA Metals Corp. has officially commenced its maiden drill program at the Radar Titanium-Vanadium (Ti-V) Project in Labrador, Canada, focusing on critical mineral discovery [1][2] Drilling Progress - The drilling program is progressing well, with the team currently drilling 5 out of 7 planned holes in the Hawkeye zone, having drilled over 1,000 meters of rock through the identified magnetic anomaly [2][3] - Gladiator Drilling has reported efficient drilling operations, achieving several 100+ meter core drills in a single shift, with high core recovery due to the presence of magnetite in the rock [3] Drilling Strategy and Findings - The drilling strategy has been effective, with accurate predictions of intercepts based on magnetic inversions and surface measurements, revealing a significant amount of magnetite in the system [4] - The largest intercept of magnetite layering measured 150 meters, with a notable 25-meter section containing at least 62 individual magnetite bands [4] Project Overview - The Radar Ti-V Project spans 17,250 hectares and is located 10 kilometers south of Cartwright, Labrador, benefiting from road access for efficient exploration [8] - The Hawkeye zone is identified as the most prospective target, with surface samples showing TiO2 concentrations between 2.5% and 11.1% and V2O5 concentrations between 0.2% and 0.66% [9] - Advanced geophysics indicate a complex layered mafic intrusion potentially over 1 kilometer wide, 4 kilometers long, and over 600 meters deep [8][9] Company Background - SAGA Metals Corp. is focused on the exploration and discovery of critical minerals essential for the transition to green energy, with additional projects including the Double Mer Uranium Project and the Legacy Lithium Property [10][11]

Core Insights - SAGA Metals Corp. is preparing for its maiden drill programs at the Double Mer Uranium and Radar Ti-V projects in Labrador, Canada, with final preparations underway [1][2][4] Group 1: Double Mer Uranium Project - The Double Mer Uranium Project covers 1,024 claims across 25,600 hectares in eastern-central Labrador, with significant historical exploration data supporting its uranium potential [9] - Recent surface samples have shown uranium oxide (U3O8) concentrations as high as 0.428% and scintillometer readings up to 27,000 counts per second (cps) [9] - The drilling program will commence in Q1 2025, targeting a minimum of 1,500 meters in the Luivik zone, which has shown potential for secondary fluid enrichment conducive to uranium mineralization [10] Group 2: Radar Ti-V Project - The Radar Ti-V Project spans 17,250 hectares and is located 10 km south of Cartwright, Labrador, with the Hawkeye zone identified as the most advanced target [11] - Surface samples from the Hawkeye zone have returned titanium dioxide (TiO2) values between 2.5% and 11.1%, and vanadium pentoxide (V2O5) values between 0.2% and 0.66% [11] - The drilling program at the Radar Ti-V project is set to begin imminently, with advanced geophysics outlining drill-ready targets over a mineralized system defined to a depth of 600 meters [10][11]

Core Viewpoint - SAGA Metals Corp. has confirmed the presence of uraninite in the pegmatites at the Double Mer Uranium project, indicating significant uranium potential along an 18km trend in Labrador, Canada [1][3][15]. Company Overview - SAGA Metals Corp. is focused on critical mineral exploration, with its flagship asset being the Double Mer Uranium Project, which spans 25,600 hectares and includes 1,024 claims [2][16]. - The company also holds the Legacy Lithium Property in Quebec and secondary exploration assets in Labrador for titanium, vanadium, and iron ore [17][18]. Project Details - The Double Mer Uranium Project is located approximately 90km northeast of Happy Valley-Goose Bay and is part of the Central Mineral Belt, which includes other significant uranium projects [2][3]. - The project features an 18km radiometrically anomalous pegmatite domain, with surface samples showing uranium concentrations as high as 4,281ppm U3O8 and spectrometer readings of 22,000cps [16]. Exploration and Drilling Plans - A drilling program of 1,500 to 2,500 meters is scheduled to commence in Q1 2025, focusing on the Luivik zone, which has shown promising uranium geochemistry [4][5]. - The Luivik zone has a width of 300 meters and has recorded anomalous grades over 0.11% U3O8, with a peak sample of 0.3692% U3O8 [6][7]. Petrographic Analysis - Recent petrographic and petrologic analyses indicate that the pegmatites in the Luivik zone are genetically related and exhibit characteristics conducive to uranium mineralization [5][12]. - The analysis has identified two subgroups of pegmatites, with one subgroup containing uraninite crystals and the other associated with rare earth elements [10][11]. Strategic Importance - The findings from the Double Mer Uranium Project position SAGA Metals to play a crucial role in the transition to green energy, as uranium is a key component in nuclear energy production [16][18].

Core Insights - SAGA Metals Corp. is set to commence its maiden drill program at the Radar Titanium-Vanadium Project in Labrador, Canada, with equipment and personnel arriving shortly [1][30] - The Radar Ti-V Project covers 17,250 hectares and is strategically located 10km south of Cartwright, benefiting from road access for efficient exploration [2] - The Hawkeye zone is identified as the most prospective target, with significant geological features suggesting a layered mafic intrusion [3][12] Project Overview - The Radar Ti-V Project is focused on critical minerals, specifically titanium and vanadium, which are essential for various industrial applications [1][33] - The project aims to complete a 1,500m drill program at the Hawkeye zone, targeting areas with anomalous TiO2 and V2O5 surface samples [4][8] Geological Findings - Surface assay highlights include 49 titanium dioxide (TiO2) samples exceeding 4.0%, with a peak value of 11.1%, and 36 vanadium pentoxide (V2O5) samples exceeding 0.2%, with a high of 0.63% [6] - The Hawkeye zone has been confirmed to contain high-grade mineralization, with grades ranging from 2.5% to 11.1% TiO2 and 0.2% to 0.66% V2O5 [13] - Geophysical surveys indicate a mineralized strike length of approximately 4km, with potential connections to a transitional zone, increasing the total strike to about 9.5km [7][24] Exploration Techniques - Detailed magnetic and electromagnetic surveys have been conducted, providing high-resolution data that effectively maps magnetite-rich zones indicative of titanium and vanadium mineralization [10][11] - Recent petrographic analysis has revealed multiple compositions of magnetite, supporting the hypothesis of multiphase mineralization events [19][20] Comparative Analysis - The Radar Project is situated in the Grenville Geological Province, known for significant deposits of iron, titanium, and vanadium, with comparisons drawn to North America's largest titanium-vanadium project at Lac Tio in Quebec [27][28] - Strategic Resources' BlackRock project in Quebec is highlighted as a comparable project, showcasing similar geological characteristics and significant reserves [29]