SAGA Metals Expands Radar Ti-V-Fe Project Vision with Preliminary Metallurgical Insights and Major Exploration Milestones

Executive Summary

• SAGA Metals completed a 2,200 m, seven‑hole diamond drill program at the Hawkeye Zone of its 100 % owned Radar Titanium‑Vanadium‑Iron project in Labrador, intersecting thick oxide layers with high Fe, TiO₂ and V₂O₅ grades.
• A detailed mineralogical study by Dr. Allan Miller confirmed favorable primary magmatic textures for metallurgical recovery and identified a 300–400 m “Lower Cumulate Layer” with VTM (vanadiferous titanomagnetite) concentrations of 20‑35 % VTM, an economically significant range.
• The company announced plans for a 10,000–15,000 m follow‑up drill program targeting the 3.3 km Trapper Zone oxide strike and expanded metallurgical testing to optimize Ti and V recoveries.

Key Details

• Drill Program Overview – 7 diamond holes, ~2,200 m total depth at Hawkeye Zone (2025 winter).
• Key Intercepts:
• HEZ‑07: 20.2 m @ 31.35 % Fe, 6.32 % TiO₂, 0.435 % V₂O₅
• HEZ‑07 (additional): 57.7 m @ 27.09 % Fe, 5.305 % TiO₂, 0.365 % V₂O₅
• HEZ‑01: 31.5 m @ 25.95 % Fe, 5.34 % TiO₂, 0.28 % V₂O₅
• HEZ‑04: 50 m @ 24.49 % Fe, 4.74 % TiO₂, 0.305 % V₂O₅
• HEZ‑05: 25 m @ 19.92 % Fe, 4.14 % TiO₂, 0.213 % V₂O₅
• Lower Cumulate Layer (LCL) Results:
• Total tested thickness ≈600 m; high‑grade core of 300–400 m within LCL.
• Average VTM % for holes intersecting LCL:
  • R25‑HEZ‑01 – 25.90 % avg (max 35.16 %) over 263.5 m
  • R25‑HEZ‑07 – 22.95 % avg (max 41.63 %) over 311.7 m
  • R25‑HEZ‑04 – 29.59 % avg (max 35.20 %) over 208.5 m
  • R25‑HEZ‑05 – 26.76 % avg (max 26.76 %) over 187.3 m
• Metallurgical Insight:
• Petrographic work shows oxide minerals retain primary magmatic textures, favorable for downstream processing.
• Vanadium occurs in solid solution within magnetite‑titanomagnetite, enabling potential co‑recovery of V with Ti.
• Core samples shipped to IGS Laboratories for Davis Tube and Satmagan metallurgical testing.
• Additional Exploration Highlights:
• Trapper Zone magnetic anomaly: >3 km strike, peak 115,498 nT; trenching exposed semi‑massive VTM over 504 m².
• Northwest Zone anomalies up to 55,000 nT; historic hole 97‑1 intersected >40 % Fe₂O₃ and ~7 % TiO₂ with a 10 m interval of 75 % magnetite.
• Infrastructure upgrades: forestry road improvements and a new 4 km access trail linking Hawkeye, Trapper, and Northwest zones.
• Future Plans:
• 10,000–15,000 m follow‑up drilling focused on the Trapper Zone oxide strike (≈3.3 km).
• Expanded metallurgical testing to refine Ti and V recovery processes.

Notable Quotes

“The findings from this report have confirmed the oxide mineralogy and traced the distribution of titanium and vanadium within these minerals… providing key details to establish a targeted and efficient drill program in the Trapper Zone,” – Michael Garagan, CGO & Director, SAGA Metals.