Northwire Canada EditionWednesday, August 5, 2026
Northwire
LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Drill Results

SAGA Metals Highlights Radar Titanium Opportunity as North America Confronts Defense Driven Titanium Supply Chain Risks

SAGA Doubles Down on Labrador Discovery as Trapper Zone Assays Eclipse Hawkeye Grades

Executive Summary

The most recent news releases (January 5 and January 9, 2026) report the first assay results from the Trapper Zone at the 100%-owned Radar Ti-V-Fe Project in Labrador. Highlights include: - Hole R-0008: 269.36 meters of 6.57% TiO2, 0.244% V2O5, and 36.21% Fe2O3 (Full hole). - Hole R-0009: 296.47 meters of 7.46% TiO2, 0.250% V2O5, and 39.75% Fe2O3 (Full hole). - A high-grade interval within R-0009 returned 13.30% TiO2 over 2 meters. - Management states these results represent the best intercepts to date on the property, showing grade increases of 105.9% for TiO2 and 124% for Fe2O3 compared to previous drilling at the Hawkeye Zone. - The company has completed 4,250 meters of drilling for its 2025/2026 Mineral Resource Estimate (MRE) program and plans to remobilize in mid-January 2026.

Material Impact

The impact is Material - Positive for the following reasons: - Grade Superiority: The Trapper Zone is clearly a higher-grade core compared to the Hawkeye Zone. Doubling the iron and titanium grades over full-hole intercepts (nearly 300m) significantly enhances the potential economic viability of a future mining operation. - Scale Confirmation: Drilling confirms mineralization from surface to nearly 300m depth, validating the 2025 ground magnetic surveys. The system is described as a "district-scale oxide system" within a 160 km² complex. - Funding Status: The company recently closed a C$6.0 million LIFE offering (December 2025), providing the necessary capital to continue the 15,000-meter drill program without immediate further dilution. - Strategic Relevance: By framing the project around North American titanium supply chain risks, SAGA is positioning itself for potential strategic investment or government grants, similar to the JEA funding already received.

SAGA · Price
Company Overview

SAGA Metals is focused on critical minerals in Canada. - Flagship Project: Radar Ti-V-Fe Project (Labrador). It covers the 160 km² Dykes River intrusive complex. It is located 10km from Cartwright with access to a deep-water port, road, and hydroelectric power. - Secondary Projects: Double Mer Uranium (Labrador - drill ready), North Wind Iron Ore (Labrador), and Legacy Lithium (Quebec - optioned to Rio Tinto).

Read the original news release →

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