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SAGA Metals Provides In-Depth Summary of Radar Titanium-Vanadium Project on Eve of Drilling
SAGASagaliam Acquisition (SAGA) GlobeNewswire·2025-01-16 07:00

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]