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SAGA Metals Commences Drilling at Radar Ti-V Project Labrador, Canada
SAGASagaliam Acquisition (SAGA) GlobeNewswire·2025-02-19 14:00

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]