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SAGA METALS (SAGMF) Stock News

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SAGA Metals Corp. (SAGMF) is frequently featured in news releases as a North American exploration company advancing a portfolio of critical mineral projects in Canada. Its updates focus heavily on drilling, assay results and geological interpretations at the Radar Titanium–Vanadium–Iron (Ti-V-Fe) Project near Cartwright, Labrador, along with progress at its uranium, lithium and iron ore properties.

Recent SAGA news has centered on the Trapper Zone within the Radar Project, where the company reports its strongest titanium, vanadium and iron oxide drill results to date. Releases describe long intervals of semi-massive to massive oxide mineralization in holes such as R-0008 and R-0009, validation of a 3+ km magnetic anomaly and confirmation of an oxide layering trend that extends between the Hawkeye and Trapper zones. The company also issues updates on structural geology, drill program phases and plans for a maiden mineral resource estimate.

Beyond Radar, SAGA’s news flow includes field program results at the North Wind Iron Ore Project in the Labrador Trough, where grab samples have returned high Fe₂O₃ values and Davis Tube tests indicate magnetite-rich taconite-style mineralization. Additional releases discuss the Double Mer Uranium Project’s radiometric trends and uranium samples, as well as the Legacy Lithium and Amirault lithium properties in Quebec’s Eeyou Istchee James Bay region.

Investors and observers can use this news page to follow SAGA’s ongoing drill campaigns, assay releases, technical interpretations, corporate updates and financing or marketing arrangements that support its exploration programs across titanium, vanadium, iron, uranium and lithium assets.

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SAGA Metals (SAGMF) completed its maiden diamond drilling program at the wholly owned Wolverine Heavy Rare Earth Element Project in Labrador. The program comprised 22 holes totalling 3,241 metres. Preliminary logging identified alteration interpreted as associated with rare earth element mineralization in every hole; assays remain pending.

Two holes are fully logged and sampled, with alteration intervals of 180.2 metres and approximately 178.65 metres. Logging and sampling continue on the remaining 20 holes. Prospecting collected 136 grab samples, with assays pending, and identified additional pegmatites and aplite dykes beyond the drill area. SAGA plans an induced polarization geophysical survey in Q2 2027; its interpretation, combined with geological and assay results, is expected to guide follow-up drilling targeting downward extensions of interpreted hydrothermal feeder structures.

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SAGA Metals (SAGMF) completed its maiden diamond drill program at the wholly owned Wolverine rare earth project in Labrador, totalling 3,241 metres. All 22 holes contained alteration the company interprets as associated with rare earth element mineralization; assays remain pending.

Two holes are fully logged and sampled, with alteration intervals of 180.2 metres and approximately 178.65 metres. Logging and sampling continue on the remaining 20 holes. Prospecting collected 136 grab samples, also awaiting assays, and identified additional pegmatites and aplite dykes beyond the drill area.

SAGA plans an induced polarization geophysical survey in Q2 2027, with results expected to help guide follow-up drilling alongside geological and assay data. Management said the exploration data will shape its 2027 exploration strategy and maiden mineral resource estimate.

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SAGA Metals (SAGMF) received the final assays for its Trapper Zone drilling campaign, completing the database for a maiden mineral resource estimate. The campaign at its 100%-owned Radar Titanium-Vanadium-Iron Project in Labrador finished in August 2026, with 85 holes totaling 22,432 metres. Every hole intersected oxide mineralization.

The final five holes included R-0092, which returned 188.9 metres grading 39.54% iron oxide, 5.94% titanium dioxide and 0.285% vanadium pentoxide. Within that interval, 44.0 metres graded 54.11%, 8.99% and 0.369%, respectively. GeoGlobal is preparing the independent resource estimate and supporting NI 43-101 technical report, which SAGA expects in Q4 2026. Bench-scale testing achieved recoveries up to 90.8% titanium, 97.4% vanadium and 91.5% iron; Stage 2 optimization targets product samples and engineering data to evaluate advancement toward mini-pilot testing.

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SAGA Metals (SAGMF) reported six additional drill-hole assay results from its completed maiden resource-estimate drilling program at Radar in Labrador. Hole R-0085 returned 495.6 m grading 37.86% iron oxide (Fe2O3), 5.51% titanium dioxide (TiO2) and 0.273% vanadium pentoxide (V2O5), including 68.2 m at 52.95%, 8.57% and 0.381%, respectively. The other five holes returned reported assay intervals of 25.8–80.9 m.

The program at the 100%-owned project's Trapper Zone completed 85 holes totaling 22,432 m, with results released for 80 holes. All drill holes intersected oxide mineralization. Laboratory analysis is complete, and the company expects assays for R-0088 through R-0092 within the next week. GeoGlobal has been engaged to prepare the independent maiden mineral resource estimate and technical report. Bench-scale testing confirmed recoveries up to 90.8% titanium, 97.4% vanadium and 91.5% iron.

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SAGA Metals (SAGMF) reported six additional drill-hole assay results from the Trapper Zone at its wholly owned Radar project in Labrador.

Hole R-0085 returned 495.6 m grading 37.86% iron oxide (Fe2O3), 5.51% titanium dioxide (TiO2) and 0.273% vanadium pentoxide (V2O5). That interval included 68.2 m at 52.95% Fe2O3, 8.57% TiO2 and 0.381% V2O5. The other five holes reported assay intervals of 51.8 m, 25.8 m, 80.9 m, 46.3 m and 43.1 m.

The maiden mineral resource estimate drilling program was completed in August 2026, totaling 22,432 metres. Results have been received for 80 holes, while the cross-section figures identify additional assays as pending. SAGA said the results support modeling the oxide layers, folds and true widths for its first Trapper Zone resource estimate. The separately logged oxide zone in R-0085 had a reported true thickness of 284.2 m.

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SAGA Metals (SAGMF) has begun Stage 2 optimization with Temas Resources on mineralization from its Radar project in Labrador. The approximately eight-week bench-scale program will compare two run-of-mine Massive Oxide samples and refine regenerative chloride leaching and solvent extraction for titanium, vanadium and iron. It aims to establish reproducible processing conditions, produce first high-purity product samples and generate engineering criteria.

In previously reported Stage 1 tests, an ilmenite concentrate yielded recoveries of 90.8% titanium, 97.4% vanadium and 91.5% iron. Stage 2 results will inform a decision on a proposed mini-pilot, which remains subject to successful completion of Phase 1 and SAGA approval. The proposed mini-pilot is expected to run over 10 weeks if approved; SAGA also targets a preliminary economic assessment in 2027.

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SAGA Metals (SAGMF) reported new assay results from seven diamond drill holes (R-0075 to R-0081) from its completed maiden Mineral Resource Estimate drill program at the Trapper Zone of the 100%-owned Radar titanium-vanadium-iron project near Cartwright, Labrador.

The standout intercept is hole R-0075, which cut 485.4 m grading 32.21% Fe2O3, 5.30% TiO2 and 0.191% V2O5, including 56.8 m at 49.56% Fe2O3, 8.17% TiO2 and 0.339% V2O5, and several other high-grade sub-intervals. Additional holes returned broad oxide zones, including 127.3 m in R-0078 and 133.6 m in R-0079, while R-0081 intersected 148.5 m at 44.47% Fe2O3, 7.12% TiO2 and 0.287% V2O5, with a higher-grade 69.2 m core. The company said these results demonstrate continuous Fe-Ti-V oxide mineralization across multiple cross-sections in Trapper North and the Transition zone, contributing to a total of 74 drill holes with assays reported to date for the planned maiden resource.

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SAGA Metals (SAGMF) reported that journalist Blair McBride of The Northern Miner completed consecutive site visits to its 100%-owned Radar Ti-V-Fe and Wolverine Heavy REE projects in Labrador, producing two feature articles and a site video in 2026.

At the road-accessible Radar project near Cartwright, a more than 22,000 m diamond drill program at the Trapper zone has been completed to support a maiden NI 43-101 mineral resource estimate targeted for Q4 2026. Recent intercepts include 187.0 m at 41.61% Fe₂O₃, 6.07% TiO₂ and 0.280% V₂O₅, as well as 128.0 m at 46.11% Fe₂O₃, 6.79% TiO₂ and 0.326% V₂O₅. Bench-scale testing using Temas’ RCL technology confirmed recoveries up to 90.8% titanium, 97.4% vanadium and 91.5% iron.

At the Wolverine project near Hopedale, 2025 RC drilling outlined broad, near-surface TREO mineralization over roughly 1.7 km by 1.2 km, with highlighted holes such as 48.8 m at 0.77% TREO and 38.1 m at 0.71% TREO from surface. A 3,000–5,000 m diamond drill program is underway, with initial hole W26-001 reaching 182 m and cutting 169 m of the REE-bearing unit. SAGA emphasised that The Northern Miner coverage is independent and not paid editorial.

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SAGA Metals (SAGMF) reported long, high-grade titanium-vanadium-iron drill intercepts and completion of its 22,432 m Trapper Zone program.

New assays from holes R-0072 to R-0074 at the Trapper Zone, part of the 100%-owned Radar Titanium-Vanadium-Iron Project in Labrador, include a standout intercept in R-0072 of 470.0 m @ 36.72% Fe2O3, 5.40% TiO2, 0.245% V2O5, with a high-grade interval of 69.2 m @ 51.03% Fe2O3, 8.55% TiO2, 0.334% V2O5. R-0073 returned 116.3 m @ 36.73% Fe2O3, 5.74% TiO2, 0.225% V2O5, including 54.6 m at higher grades, while R-0074 delivered 116.7 m @ 42.21% Fe2O3, 6.53% TiO2, 0.281% V2O5.

The maiden MRE drill program at Trapper is now complete with 85 holes totalling 22,432 m, and 67 holes reporting assays to date. The company states that oriented core, detailed logging and structural work will support three-dimensional geological and mineral resource modelling for a maiden mineral resource estimate.

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SAGA Metals (SAGMF) reported new 2026 drill assays from eight holes (R-0064 to R-0071) at the Trapper Zone of its Radar Titanium-Vanadium-Iron Project in Labrador.

Key intercepts include 187.0 m in hole R-0064 averaging 41.61% Fe2O3, 6.07% TiO2 and 0.280% V2O5, and 128.0 m in R-0065 averaging 46.11% Fe2O3, 6.79% TiO2 and 0.326% V2O5. Hole R-0066 returned 47.8 m at 43.53% Fe2O3, 6.03% TiO2 and 0.334% V2O5, including 23.3 m at 52.52% Fe2O3, 7.58% TiO2 and 0.428% V2O5.

The company said these results confirm grade consistency and help define both the high-grade core and margins of the oxide system as it advances its maiden Mineral Resource Estimate. In total, 64 holes now have assays, within an 85‑hole, 22,432 m maiden MRE drill program at Trapper, the largest drilling campaign in the company’s history.

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FAQ

What is the current stock price of SAGA METALS (SAGMF)?

SAGA METALS (SAGMF) last closed at $0.21745.

What is the market cap of SAGA METALS (SAGMF)?

The market cap of SAGA METALS (SAGMF) is approximately $18.3M.