Geophysical and Petrographic Analysis - SAGA Metals Corp completed magnetic inversions of the Hawkeye zone, projecting mineralized magnetic bodies up to 400 meters in depth with high certainty [1] - Petrographic analysis by Dr Al Miller on Hawkeye zone rock samples enhanced understanding of Titanium and Vanadium mineralization, setting the foundation for 2025 drill programs [2] - Detailed magnetic and electromagnetic surveys over the Hawkeye Zone mapped magnetite-rich zones within Gabbro Norite host rock, key indicators of Titanium and Vanadium mineralization [8] - Petrographic evidence revealed multiple compositions of magnetite and the absence of ilmenite in many layers, crucial for understanding Titanium and Vanadium mineralization [10] Project Details and Potential - The Radar Ti-V Property spans 17,250 hectares in Labrador, Canada, with road access supporting efficient exploration and development [6] - The Hawkeye zone is the most prospective target, with geophysics suggesting a complex mafic intrusion potentially 1km wide and 4km long, with multiple parallel systems [7] - Assays from the Hawkeye zone returned consistent values of 2 5 - 11 1% TiO2 and 0 2 - 0 66% V2O5, indicating high-grade Titanium and Vanadium mineralization [20] - The system is open at depth beyond 600 meters, with potential for significant mineralization [20] Market Opportunity and Strategic Positioning - The global Titanium market is projected to grow from 31 billion USD in 2023 to 52 billion USD by 2030 [13] - The Vanadium market was valued at 4 28 billion USD in 2023 and is expected to grow to 4 89 billion USD by 2032, with a CAGR of 4 4% [14] - SAGA Metals Corp is strategically positioned in the green energy transition, focusing on critical minerals like Titanium, Vanadium, and Uranium [15][16][17] Upcoming Drilling Programs - Drilling at the Radar Ti-V Project is scheduled to commence in Q1 2025, with a minimum 1,500-meter program targeting the Hawkeye zone [20] - The Hawkeye zone has clear drill targets based on surface samples and detailed geophysics, with potential for high-grade Titanium and Vanadium mineralization [20] Technical Expertise and Industry Relevance - Dr Al Miller, with over 25 years of experience, conducted petrographic analysis, contributing to the understanding of the Hawkeye zone's mineralization [12] - Vanadium Titanomagnetite (VTM) deposits, similar to those in China, have high potential value, with recent recovery methods achieving up to 80 08% Titanium, 95 07% Iron, and 71 60% Vanadium recovery rates [26][27]
SAGA Metals Completes Petrographic and Geophysical Analysis at Drill Ready Radar Project in Labrador, Canada