Workflow
Saga Metals Expands Drilling at Radar Project, Unveiling a Large Mineralized Layered Mafic Intrusion
SAGASagaliam Acquisition (SAGA) GlobeNewswire·2025-03-11 13:00

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]