Northwire Canada EditionMonday, November 2, 2026
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Gold 3,966.40 +1.7% Silver 51.01 +3.5% Copper 6.57 +1.3% Oil 97.08 −6.8% Palladium 972.00 −1.6% CDA 0.820 +0.0% SGML 8.60 −9.5% REC 0.070 +27.3% MOLY 1.48 +8.8% NIM 0.610 +1.7% GMX 2.02 +1.0% LEGY 0.800 +0.0% LIB 0.660 +1.5% NOBL 0.075 +0.0% GER 0.005 + BOL 0.055 +0.0% ECR 0.190 +0.0% BBB 0.560 +3.7% WGLD 0.120 +0.0% GLD 0.040 +0.0% TECT 1.58 +15.3% Gold 3,966.40 +1.7% Silver 51.01 +3.5% Copper 6.57 +1.3% Oil 97.08 −6.8% Palladium 972.00 −1.6% CDA 0.820 +0.0% SGML 8.60 −9.5% REC 0.070 +27.3% MOLY 1.48 +8.8% NIM 0.610 +1.7% GMX 2.02 +1.0% LEGY 0.800 +0.0% LIB 0.660 +1.5% NOBL 0.075 +0.0% GER 0.005 + BOL 0.055 +0.0% ECR 0.190 +0.0% BBB 0.560 +3.7% WGLD 0.120 +0.0% GLD 0.040 +0.0% TECT 1.58 +15.3%
Drill Results Routine +

SAGA Metals Reports Assays from R-0044 to R-0046 with Intercepts Including 58.33% Fe2O3, 8.78% TiO2, 0.415% V2O5 from 2026 Drilling at Trapper South, Radar Critical Minerals Project in Labrador

Saga Metals advances Labrador Ti-V-Fe drilling toward a maiden resource with routine assays providing no near-term catalyst.

By The Northwire Desk — AI Analysis Jun 11, 2026 · 07:31 SAGA · 0.54 Saga Metals Corp.
Executive Summary
  • SAGA Metals Corp. reports assay results from three diamond drill holes (R-0044 to R-0046) at the Trapper South zone of its 100%-owned Radar Titanium-Vanadium-Iron Project in Labrador.
  • Hole R-0044 returned 22.9 m @ 51.38% Fe2O3, 6.85% TiO2, 0.416% V2O5.
  • Hole R-0045 returned 71.3 m @ 48.28% Fe2O3, 6.21% TiO2, 0.373% V2O5.
  • Hole R-0046 returned 127.9 m @ 52.94% Fe2O3, 7.35% TiO2, 0.388% V2O5, including a 54.0 m high-grade interval.
  • Cumulative drilling stands at 57 completed holes (11,600 m total) with 7,032 samples collected.
  • The results reinforce a 29 km2 central oxide corridor encompassing the Trapper, Falcon, and Hawkeye Zones.
  • Management confirms the company is advancing toward a maiden Mineral Resource Estimate (MRE) and notes petrographic analysis supports simplified metallurgical processing for the titanomagnetite mineralization.
Material Impact
  • The reported intercepts are consistent with the high-grade oxide mineralization documented in prior releases (R-0039 to R-0043, R-0036 to R-0038, and R-0030 to R-0035).
  • There are no new surprises regarding grade, thickness, or geological continuity. The results simply extend the existing dataset toward the planned MRE.
  • Given the steady cadence of drill results over the past several months, the market has likely already priced in this incremental progress.
  • The news does not alter the project's scale, economics, or development timeline. It is a standard operational update confirming the company is executing its planned MRE drill program.
SAGA · Price
Company Overview
  • SAGA Metals Corp. is an exploration-stage critical minerals company focused on North American supply chains for titanium, vanadium, iron, and rare earth elements.
  • Flagship Project: Radar Titanium-Vanadium-Iron Project in Labrador, Canada. The property covers 24,175 hectares and hosts the ~160 km2 Dykes River intrusive complex.
  • Key Zones: Trapper, Hawkeye, and Falcon. The project features year-round road access, a deep-water port at Cartwright, regional airport, and proximity to hydroelectric power.
  • Additional Portfolio: Wolverine Heavy REE Project (Labrador), Double Mer Uranium Project (Labrador), Legacy Lithium Project (Quebec), and North Wind Iron Ore Project (Quebec).
Read the original news release →

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