Welcome to our dedicated page for Saga Metals news (Ticker: SAGMF), a resource for investors and traders seeking the latest updates and insights on Saga Metals stock.
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.
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.
SAGA Metals (SAGMF) has commenced a diamond drilling program of up to 5,000 metres at its 100%-owned Wolverine Heavy Rare Earth Element Project in central Labrador.
The first two diamond drill holes (W26-001, W26-002) intersected the shallowly dipping, prospective REE-bearing volcanic ash tuff unit, with W26-001 drilling to 182 m, including 169 m of this unit, and W26-002 reaching 176 m on a 200 m step-out while intersecting the same stratigraphy and alteration markers. Core logging confirmed stratiform and stratibound alteration and also identified a second mineralization style: sub-vertical breccia-fracture networks filled with sulphide and chlorite, creating a new structurally controlled exploration target. The 2026 program integrates mapping, grid drilling, evaluation of additional prospects, and metallurgical work to advance toward a maiden NI 43-101 mineral resource estimate, building on 2025 RC drilling that returned intercepts such as 48.8 m at 0.77% TREO and peak assays up to 2.03% TREO.
SAGA Metals (OTCQB: SAGMF) highlights recent federal and provincial commitments positioning Labrador as a core hub for clean energy, critical minerals and defence. According to SAGA, governments announced nearly $70 billion in clean-energy projects backed by $10 billion in federal financing, expected to add 14,000 MW of power, support 23,000 jobs and contribute $31 billion to Canadian GDP. A Labrador West Transmission Expansion study of up to $2.34 million will evaluate grid connections for critical-minerals mining.
Canada’s NORAD Northern Basing Infrastructure program totals $32 billion, with long-term investment at 5 Wing Goose Bay that may reach $8 billion, including a $187 million energy performance contract. SAGA links these initiatives to its 100%-owned Labrador projects: Radar (24,175 ha Ti-V-Fe system with 24,641 m of drilling), Wolverine (26 km² near-surface heavy rare earth mineralization) and Double Mer (25,600 ha uranium trend with samples up to 0.428% U3O8).
SAGA Metals (OTCQB: SAGMF) announced completion of its maiden NI 43-101 Mineral Resource Estimate (MRE) diamond drill program at the Trapper Zone on the 100%-owned Radar Critical Minerals Project near Cartwright, Labrador. The campaign totalled 22,432 metres over roughly eight months across Trapper North, Transition and South, and comprised 85 holes (R-0008 to R-0092), with the company stating that all holes intersected oxide mineralization.
Reported assay intercepts to date from 56 holes show thick oxide intervals of approximately 70–163 m with head grades frequently around 45–58% Fe2O3, 6–8% TiO2 and 0.35–0.44% V2O5. Bench-scale tests using Temas’ RCL technology indicated recoveries up to 90.8% titanium, 97.4% vanadium and 91.5% iron. SAGA expects remaining assays by mid-September 2026 to support delivery of a complete database to GeoGlobal LLC, which has been engaged to prepare an independent NI 43-101-compliant MRE and technical report led by Qualified Person Dr. Abani R. Samal.
SAGA Metals (OTCQB: SAGMF, TSXV: SAGA) has been approved as a member of the U.S. Department of Defense-supported Defense Industrial Base Consortium (DIBC), managed by Advanced Technology International. Membership gives SAGA access to a collaborative platform with defense stakeholders, research bodies, and industry participants, including opportunities to engage on critical materials initiatives and participate in solicitations, events, and OTA-based prototyping activities.
SAGA’s portfolio includes the 100% owned Radar Ti-V-Fe Project in Labrador (24,175 ha; 23,725 m drilled in Hawkeye and Trapper zones), hosting vanadiferous titanomagnetite and ilmenite with consistently uniform Ti-V-Fe grades. The Wolverine Heavy REE Project shows drill assays up to 2.03% TREO (~28% HREO) and samples up to 21.6% TREO over 26 km². The Double Mer Uranium Project (25,600 ha) has samples up to 0.428% U3O8 along a confirmed 14 km trend, and the Legacy Lithium Project in Quebec spans 72,701 ha in a region with active exploration by major peers.
SAGA Metals (TSXV: SAGA, OTCQX: SAGMF) has upgraded its U.S. quotation to the OTCQX Best Market from the OTCQB Venture Market, effective August 19, 2026. Shares now trade on OTCQX under symbol SAGMF, with U.S. investors able to access real-time Level 2 quotes and disclosure via OTC Markets.
According to SAGA Metals, qualifying for OTCQX reflects its adherence to higher financial, governance and disclosure standards, and is expected to broaden its U.S. institutional and retail investor reach. OTCQX targets established, investor-focused companies that meet specific financial and regulatory criteria.
SAGA Metals highlights a 100% owned portfolio of critical mineral projects, including the 24,175-hectare Radar Titanium-Vanadium-Iron Project in Labrador with 22,561 m of drilling confirming a large layered mafic intrusion, the Wolverine Heavy Rare Earth Element Project with drill assays up to 2.03% TREO and samples up to 21.6% TREO, the Double Mer Uranium Project with samples reaching 0.428% U3O8 over a confirmed 14 km trend, and the 72,701-hectare Legacy Lithium Project in Quebec.
SAGA Metals (OTCQB: SAGMF, TSXV: SAGA) reported new 2026 assay results from drill holes R-0061 to R-0063 at the Trapper Zone of its 100%-owned Radar Titanium-Vanadium-Iron Project in Labrador. Key intercepts include 163.0 m grading 43.07% Fe2O3, 6.19% TiO2 and 0.293% V2O5 in R-0061, with a higher-grade 92.3 m sub-interval at 47.36% Fe2O3, 6.73% TiO2 and 0.353% V2O5. R-0062 returned 33.0 m at 34.37% Fe2O3, 5.24% TiO2 and 0.173% V2O5, while R-0063 intersected 98.9 m at 28.51% Fe2O3, 4.01% TiO2 and 0.157% V2O5. To date, assays have been received for 56 MRE drill holes, with 82 holes completed, 21,516 m drilled, excellent core recovery above 95%, and one hole remaining in the maiden Mineral Resource Estimate drill program.
SAGA Metals (OTCQB: SAGMF, TSXV: SAGA) reported new assay results from diamond drill holes R-0058 to R-0060 at the Trapper Zone of its 100%-owned Radar Titanium-Vanadium-Iron Project in Labrador, part of its ongoing maiden Mineral Resource Estimate drill program.
Key intercepts include R-0060 with 118.0 m grading 39.10% Fe2O3, 5.32% TiO2 and 0.269% V2O5, including 51.8 m at 43.86% Fe2O3, 6.10% TiO2 and 0.317% V2O5, plus R-0059 with 55.2 m at 32.77% Fe2O3 and R-0058 with 17.5 m at 23.48% Fe2O3. According to SAGA, a total of 79 holes (R-0008 to R-0088) and 20,352 m have been drilled in the Trapper Zone, with multiple thick oxide intervals and core recovery above 95%, supporting metallurgical test work and advancement of the maiden resource. The company also expanded its advisory board.
SAGA Metals (OTCQB: SAGMF) announced follow-on equity analyst coverage by Alphabridge Group with an outperform rating. Alphabridge is an independent corporate finance and research firm whose reports on SAGA highlight the Radar Ti-V-Fe Project in Labrador and the Wolverine heavy rare earth project.
According to SAGA, the Radar project has completed 71 diamond drill holes (78 mineralized intersections) totaling 18,641 m, confirming a 29 km² oxide corridor with grades up to 72.33% Fe2O3, 13.3% TiO2 and 0.66% V2O5. Bench-scale tests using Temas’ RCL technology reported recoveries up to 90.8% titanium, 97.4% vanadium and 91.5% iron.
At the Wolverine REE project, 2025 RC drilling returned broad near-surface mineralization, including 48.8 m at 0.77% TREO and peak assays of 2.03% TREO, with grab samples up to 21.6% TREO and an estimated 24–28% heavy rare earth oxide contribution.
SAGA Metals (OTCQB: SAGMF) has executed a Property Sale Agreement with private explorer Orion Iron Ore for the North Wind Iron Ore Project near Schefferville in the Labrador Trough. As consideration, SAGA will receive 4,000,000 Orion common shares, one board seat at Orion for CEO Mike Stier and a retained 2% gross overriding royalty (GORR) on the property.
The Agreement also grants Orion a royalty purchase option, under which 1% of the GORR may be repurchased for specified cash payments of $500,000 and $1,500,000 tied to project timing. According to SAGA Metals, the transaction monetizes North Wind while preserving upside exposure and allowing greater focus on its core titanium-vanadium-iron, rare earths, uranium and lithium projects in Labrador and Quebec.