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SAGA Metals Completes Maiden Drill Program and Commences Further Geophysics at the Radar Project
SAGASagaliam Acquisition (SAGA) GlobeNewswire·2025-04-16 13:00

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]