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SAGA Metals Reports Significant Drill Results from Maiden Drill Program at Radar Ti-V-Fe Project in Labrador
VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or ...

About this update from Saga Metals Corp.
[{"type":"text","content":"SAGA Metals Reports Significant Drill Results from Maiden Drill Program at Radar Ti-V-Fe Project in Labrador\n\n\n\n VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) --\n \n SAGA Metals Corp.\n \n\n (\"SAGA\" or the \"Company\") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H)\n \n , a North American exploration company focused on critical mineral discovery, is pleased to announce drill results from its 2025 maiden drill program at the Radar Ti-V-Fe Project, located near the port of Cartwright in Labrador, Canada.\n \n\n The central zone of the Dykes River layered mafic intrusive complex exhibits a strong, accurate magnetic-high anomaly in regional magnetic surveys. The Company further defined its drill targets in 2024, after a detailed, ground-based geophysical program and surface sampling.\n \n\n The initial 7-hole drill program (2,200 meters) has confidently tested the targets down to a depth of 200 meters, covering a 500-meter by 350-meter target panel.\n \n\n\n Highlights:\n \n\n\n\n Analytical results have been obtained for the first two diamond drill holes of the winter program.\n \n\n Petrographic analysis and the new assays now confirm the main economic mineral is a vanadiferous titanomagnetite prospective for simplified metallurgical processing.\n \n\n Exceptional intercepts of vanadiferous titanomagnetite included 31.5m @ 25.95% Fe + 5.34% TiO\n \n 2\n \n + 0.28% V\n \n 2\n \n O\n \n 5\n \n in HEZ-01 and 50m @ 24.49% Fe + 4.74% TiO\n \n 2\n \n + 0.305 % V\n \n 2\n \n O\n \n 5\n \n in HEZ-04.\n \n (See composites Table 1 below)\n \n\n\n Massive magnetite high-grade samples including HEZ-01 with 0.3m @ 39.5% Fe + 9.4% TiO\n \n 2\n \n + 0.339% V\n \n 2\n \n O\n \n 5\n \n and HEZ-01 with 0.5m @ 43.0% Fe + 9% TiO\n \n 2\n \n + 0.512% V\n \n 2\n \n O\n \n 5\n \n .\n \n (See Table 2 below)\n \n\n\n Titanomagnetite-rich intercepts average 20-40% titanomagnetite, with certain massive layers exceeding 60%.\n \n\n Drilling to vertical depths of 200 meters confirms magnetic anomalies identified by geophysics.\n \n\n Initial drilling covers just 1/40th of the identified 20 km strike extent of oxide layering zone in the Dykes River intrusion.\n \n (See Map Figure 2)\n \n\n\n\n\n\n\n\n\n Figure 1:\n \n 500m strike by 350m width magnetic anomaly drilled in winter 2025 program. (2024 SAGA Metals. TMI Magnetic Survey).\n \n\n\n SAGA Me...