Northwire Canada EditionThursday, August 13, 2026
Northwire
AZS 0.710 +0.0% AWE 0.115 +0.0% RARE 9.05 +0.0% FOXT 0.170 +0.0% UCU 2.92 +0.0% BEM 0.090 +0.0% MANU 0.220 +0.0% FL 0.455 +0.0% ICM 0.055 +0.0% AMCO 0.355 +0.0% MSR 0.440 +0.0% REVX 1.53 +0.0% SLI 3.39 +0.0% ALTN 0.080 +0.0% BVA 0.850 +0.0% EDM 0.640 +0.0% AZS 0.710 +0.0% AWE 0.115 +0.0% RARE 9.05 +0.0% FOXT 0.170 +0.0% UCU 2.92 +0.0% BEM 0.090 +0.0% MANU 0.220 +0.0% FL 0.455 +0.0% ICM 0.055 +0.0% AMCO 0.355 +0.0% MSR 0.440 +0.0% REVX 1.53 +0.0% SLI 3.39 +0.0% ALTN 0.080 +0.0% BVA 0.850 +0.0% EDM 0.640 +0.0%
Drill Results

Saga Metals prepares for drilling at Radar

SAGA · Price

Executive Summary

  • Saga Metals has mobilized crews and infrastructure to commence a 15,000‑metre drill program at its 100 % owned Radar Ti‑V‑Fe project in southern Labrador, targeting a maiden mineral resource estimate.
  • Preparatory work includes enhanced trench analysis, high‑precision surveying, geophysical baseline establishment, and construction of a fully serviced exploration camp near Cartwright.
  • The 15,000‑metre drilling campaign is slated to start in early November 2025 following completion of the preparation phase in the coming weeks.

Key Details

  • Project Scope: 15,000 m total drill length across the Trapper zone (≥3 km strike) to expand known oxide mineralization and generate data for a maiden resource estimate.
  • Trench Work: ~504 m² of existing trenching plus additional high‑pressure power washing and detailed mapping in three trenches to expose clean bedrock and refine 3‑D geological models.
  • Survey & Geophysics: Deployment of GPS, total stations, laser scanning; construction of a 4‑km Trapper Trail access route; establishment of geophysical baseline for magnetometer calibration; ongoing ground magnetic and VLF‑EM surveys on zone extensions (grid: N‑S lines 50 m apart, stations 20 m apart).
  • Camp Infrastructure: Secured land near Cartwright for a fully serviced camp including accommodations, kitchen trailer, core shack, office, cut shack, power generation, water storage/filtration, and septic systems.
  • Timeline: Preparation phase to conclude in the next few weeks; drilling to commence early November 2025.
  • Previous Work: 2,209 m, seven‑hole maiden drill program (early 2025) in Hawkeye zone intersected consistent TiO₂, V₂O₅ and Fe grades across a 300‑400 m lower cumulate layer; results guide targeting of the same horizon along Trapper zone.
  • Strategic Context: Radar sits within a 24,175‑ha property encompassing the Dykes River intrusive complex (≈160 km²), comparable to world‑class Ti‑V‑Fe deposits (Lac Tio, Panzhihua, Tellnes, Bushveld). Critical mineral content aligns with growing North American demand for titanium, vanadium and high‑grade iron.
  • Qualified Person: Paul J. McGuigan, P.Geo., independent QP under NI 43‑101, reviewed and approved all technical information.

Notable Quotes

“This mobilization is a pivotal moment for the Radar project as we move from early exploration success toward defining a mineral resource… We believe this campaign has the potential to unlock significant value in titanium, vanadium and iron critical minerals essential to the global energy transition.” – Mike Stier, CEO & Director, Saga Metals.

Read the original news release →

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