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SAGA Metals (OTCQB: SAGMF) reported best-to-date drill results from the Trapper Zone at the Radar Ti-V-Fe Project, Labrador, within the 160 km² Dykes River intrusive complex. Assay highlights: Hole R-0008: 269.36 m @ 6.57% TiO2, 0.244% V2O5, 36.21% Fe2O3; Hole R-0009: 296.47 m @ 7.46% TiO2, 0.250% V2O5, 39.75% Fe2O3, plus a 2 m high-grade interval at 13.30% TiO2. Drilling (4,250 m to date) confirms a 16+ km continuous oxide layering trend and district-scale potential. Additional assays are expected next week and crews are planned to mobilize mid-January for the 2026 MRE drilling phase.
SAGA Metals (OTCQB: SAGMF) reported assays from the first two holes (R-0008, R-0009) of the 2025 Trapper Zone MRE drill program at Radar, Labrador on Jan 5, 2026. Full-hole results: R-0008: 269.36 m @ 36.21% Fe2O3, 6.57% TiO2, 0.244% V2O5; R-0009: 296.47 m @ 39.75% Fe2O3, 7.46% TiO2, 0.25% V2O5. Highlights include a 87.20 m interval @ 50.67% Fe2O3 + 10.15% TiO2 + 0.339% V2O5 and individual 2 m samples up to 13.30% TiO2. Company says Trapper outperforms Hawkeye with Fe2O3 +124%, TiO2 +105.9%, V2O5 +36.9% uplift. Next assays due mid-January; 2026 drilling planned to continue the MRE program.
SAGA Metals (OTCQB: SAGMF) reported Jan 2, 2026 first assay results from two holes (R-0008, R-0009) of the Trapper Zone 2025 MRE drill program at the Radar Ti‑V‑Fe Project in Labrador.
Key highlights: R-0009 296.47 m @ 39.75% Fe2O3, 7.46% TiO2, 0.250% V2O5; R-0008 269.36 m @ 36.21% Fe2O3, 6.57% TiO2, 0.244% V2O5. Notable high‑grade samples include 2 m @ 13.30% TiO2 and 2 m @ 64.55% Fe2O3. Company says Trapper best full‑hole grades show +124% Fe2O3, +105.9% TiO2 and +36.9% V2O5 versus Hawkeye best holes.
SAGA Metals (OTC: SAGMF) completed a fall 2025 field program at the North Wind Iron Ore project in Labrador and reports high-grade surface results and a corporate marketing engagement.
Key facts: 38 grab samples collected; 17 samples >30% Fe2O3; highest grab 79.26% Fe2O3 (Middle Iron Formation). Mapping shows mineralization on a ~4 km NW-SE trend with surface widths of 600–700 m and shallow northeast dip. Davis Tube tests show magnetite-rich taconite comparable to regional DTWR benchmarks.
Property: 6,375 ha, contains historical NI 43-101 data including eight holes averaging 20.74% total Fe over 590 m. Corporate: entered a C$400,000, 120-day digital marketing agreement with Machai Capital to be paid from working capital, subject to TSXV approval.
SAGA Metals (OTCQB:SAGMF) completed Phase 1 and 2 drilling at the Trapper zone, logging all eight holes for a total of 2,050 metres and shipping 473 samples from three holes to IGS with an estimated 3–4 week assay turnaround. The program validated extensive oxide mineralization across a 3+ km magnetic anomaly and confirmed about 16 km of regional aeromagnetic high trend.
Key geological results include cumulative oxide intersections of 69.54 m in R-0014 and 146 m in R-0015, mapped Western and Eastern anomalies (1.4 km and 700 m strike lengths) and a left-lateral strike-slip reverse fault interpretation informing future drill targeting. A total of 1,313 samples is projected to be shipped when sampling completes; remaining assays will inform early Q1 2026 resource planning.
SAGA Metals (OTCQB: SAGMF) completed Phases 1–2 of its 2025–2026 drill program at the Radar Project, finishing 8 drill holes and 2,050 m of diamond drilling across Trapper North and South.
Highlights include 977 m in Trapper South (4 holes) and 1,073 m in Trapper North (4 holes), confirmation of extensive oxide mineralization across a 3+ km Trapper magnetic anomaly, and validation of about 16 km of oxide trend on the property.
The planned 15,000 m maiden resource drill program is funded following a $6M oversubscribed brokered LIFE Offering; initial 420 samples have been submitted for assay with results expected in the coming weeks.
SAGA Metals (OTCQB: SAGMF) completed Phase 1 (1,073 m in four holes) and has begun Phase 2 (445 m in two holes) of its Fall 2025 drill program at the Radar Project Trapper Zone.
Drill holes R-0008, R-0009 and R-0010 on Section N-11 returned extensive cumulative semi-massive to massive oxide intercepts (156 m, 165 m and 139.5 m respectively) and confirm oxide mineralization across ~1.5 km of a 3+ km strike. R-0011 reported 58.3 m semi-massive to massive, 27.39 m intercumulus and 52.12 m rhythmic magnetite.
First 420 core samples (R-0008/R-0009) shipped; assays expected in 3–4 weeks. Company outlines follow-up drilling into Q1 2026 toward a maiden resource program.
SAGA Metals (OTCQB:SAGMF) completed three holes (R-0008 to R-0010) in the 2025–2026 Radar Project drill program at the high-priority Trapper Zone near Cartwright, Labrador.
Key results: R-0008 returned 156 m of continuous semi-massive to massive oxide and R-0009 extended the same unit by 165 m. Drilling shows an open, north-plunging antiform and heavy oxide continuity to ~200 m depth. A 2025 ground TMI survey outlines a folded Trapper North anomaly along a >3 km oxide trend within the 24,175-hectare Radar property. SAGA plans further drilling (R-0011 ongoing) and a larger 15,000 m program leading to a maiden mineral resource estimate in 2026.
SAGA Metals (OTCQB: SAGMF) has started Phase 1 diamond drilling at the high‑priority Trapper Zone on its 100%‑owned Radar Ti‑V‑Fe project near Cartwright, Labrador, targeting a maiden indicated Mineral Resource Estimate (MRE) expected in H2 2026. The program plans up to 15,000 metres of NQ diamond drilling across ~25–30 holes, with initial Phase 1 work of 1,500–2,500 m (6–10 holes) before winter. Drilling targets a 3.3 km continuous magnetic anomaly within an inferred oxide layering trend that extends ~20 km on the property. Gladiator Drilling retained; assays by LiBO2–Li2B4O7 fusion‑XRF; metallurgical sampling planned.
SAGA Metals (OTCQB: SAGMF) on Nov 3, 2025 updated investors on its 100%‑owned Double Mer Uranium Project in Labrador. The 25,600‑hectare property hosts an 18 km uranium trend with three drill targets (Luivik, Nanuk, Katjuk), surface assays to 0.428% U3O8 and radiometric peaks to 27,000 CPS. The project is drill‑ready with permits secured and a refurbished 10‑person winter camp for year‑round work. The release also highlights market context for rising uranium demand and announces issuance of 950,000 options at $0.435 (3‑year term, staged vesting).
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