SAGA Metals Provides Update on MRE Drilling Program at Trapper South, Radar Critical Minerals Project in Labrador

The most recent news release (February 12, 2026) reports the completion of seven diamond drill holes totaling 1,244 meters at the Trapper South anomaly within the Radar Critical Minerals Project in Labrador. The company confirmed visual oxide mineralization in every hole logged to date. Key observations include semi-massive to massive oxide intercepts and rhythmic layering. The drilling targeted the southeastern anomaly of Trapper South, and the company is now moving the rig to the western limb. Assays for these holes are currently pending.

This update has a material positive impact as it confirms the geological continuity of the Radar Project’s oxide system. The fact that mineralization was observed in all seven holes suggests that the geophysical magnetic anomalies the company is using to target are highly reliable.

SAGA Metals is a North American exploration company focused on critical minerals. Its flagship project is the Radar Titanium-Vanadium-Iron Project in Labrador, Canada, which encompasses the 160 sq km Dykes River intrusive complex. The project benefits from high-grade surface mineralization and significant infrastructure, including road access and proximity to a deep-water port in Cartwright. SAGA also holds the Double Mer Uranium project in Labrador and the Legacy Lithium project in Quebec (under option to Rio Tinto).