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 (OTCQB: SAGMF) reported new 2026 assay results from drill holes R-0047 to R-0049 at the Trapper South area of its 100%-owned Radar titanium-vanadium-iron project near Cartwright, Labrador. Broad oxide intercepts include 126.8 m at 42.84% Fe2O3, 5.43% TiO2, 0.306% V2O5 in R-0047; 92.3 m at 42.46% Fe2O3, 5.38% TiO2, 0.304% V2O5 in R-0048; and 100.3 m at 42.97% Fe2O3, 5.39% TiO2, 0.316% V2O5 in R-0049, with higher-grade internal zones up to 53.91% Fe2O3, 7.32% TiO2 and 0.431% V2O5.
According to SAGA, assays have now been received for 42 MRE drill holes out of 63 completed at the Trapper Zone, totaling 16,159 m drilled, with oxide intervals locally reaching true thicknesses above 200 m within a 29 km² oxide corridor.
SAGA Metals (OTCQB: SAGMF) has closed the acquisition of Catalyst Rare Metals, gaining 100% of the royalty-free Wolverine heavy rare earth element project in central Labrador under an April 13, 2026 share purchase agreement.
The Wolverine REE Project now covers nine contiguous mineral licences totalling about 294.5 km²/b) with 26 km² of exposed mineralized tuff and district-scale potential. A 2025 RC program confirmed broad, near-surface REE mineralization over a 1.7 km × 1.2 km area, with key intercepts such as 48.8 m at 0.77% TREO and peak assays of 2.03% TREO, including 24–28% heavy rare earth oxides. Mineralization remains open, and grab samples from pegmatites returned up to 21.6% TREO.Consideration includes 4,249,982 SAGA shares issued at closing and $1,000,000 cash payable within 120 days, plus milestone payments in shares. Certain vendors receive a non-voting board observer right and pro rata participation rights in future cash financings. SAGA plans a 4,000–5,000 m diamond drill program starting August 2026 to support a maiden NI 43-101 resource estimate.
SAGA Metals (OTCQB:SAGMF, TSXV:SAGA) added a second diamond drill rig at the Radar Critical Minerals Project in Labrador, doubling drilling capacity to about 400 m/day. Total drilling at the Trapper Zone has reached 13,149 m and 61 of 61 holes show oxide mineralization.
The company targets completing its maiden NI 43-101 MRE drill program in 2026, supported by thick oxide intercepts up to 224.1 m and grades frequently above 45–58% Fe2O3, 6–8% TiO2 and 0.37–0.44% V2O5.
Saga Metals (OTCQB:SAGMF) has consolidated its Legacy and Amirault lithium projects into a single Legacy Lithium Project in Quebec’s Eeyou Istchee James Bay region, expanding the land package from 65,849 hectares to 72,107.64 hectares.
Recent fieldwork on the southern block collected 29 rock samples, with pegmatites showing lithium-cesium-tantalum indicator minerals consistent across the project. A 342 km², 7,132 line-km aeromagnetic survey completed for Rio Tinto adds high-quality geophysical data to refine targets. Saga also regained the northern Legacy claims and acquired the Garneau Titanium Project, a large Fe-Ti-oxide target within the Havre-Saint-Pierre anorthosite complex. The company notes a stronger lithium backdrop, with 2026 spodumene prices recovering to about $2,500–2,600/t.
SAGA Metals (OTCQB:SAGMF) reported preliminary Davis Tube Analysis from the Hawkeye zone at its 100%-owned Radar Ti-V-Fe Project in Labrador, comparing results to the Panzhihua VTM benchmark in China.
Hawkeye magnetic concentrates average ~0.80% V2O5, with a subset at ~0.81–0.90% V2O5 versus Panzhihua’s ~0.3% V2O5 concentrate. Bench-scale tests indicate ~73–81% V2O5 recoveries to the magnetic fraction at mass yields of ~18–38%. Over 86% of TiO2 reports to the non-magnetic fraction, suggesting a potential ilmenite-rich stream. Radar covers 24,175 ha with a 29 km² oxide corridor. Further metallurgical, mineralogical and process-design work is planned to confirm repeatability across Hawkeye and Trapper zones.
SAGA Metals (OTCQB:SAGMF) reported new 2026 assay results from drill holes R-0044 to R-0046 at the Trapper South area of its 100%-owned Radar titanium-vanadium-iron project in Labrador.
Highlights include up to 58.33% Fe2O3, 8.78% TiO2 and 0.415% V2O5 within long oxide intercepts, contributing to 50 completed holes and 11,600 m drilled toward a maiden Mineral Resource Estimate across a confirmed 29 km² central oxide corridor.
SAGA Metals (OTCQB:SAGMF) reported new 2026 assay results from drill holes R-0039 to R-0043 at the Trapper South area of its 100%-owned Radar titanium-vanadium-iron project in Labrador.
Highlights include 110.1 m at 47.42% Fe2O3, 5.95% TiO2, 0.354% V2O5 (R-0039) and 45.1 m at 51.20% Fe2O3, 7.94% TiO2, 0.340% V2O5 (R-0040). A total of 50 holes (R-0008 to R-0057) and 11,600 m have been drilled in the Trapper Zone to date, within a confirmed 29 km² central oxide corridor, supporting work toward a maiden Mineral Resource Estimate.
SAGA Metals (OTCQB:SAGMF) reported new 2026 drill assays from holes R-0036 to R-0038 at the Trapper South area of its Radar critical minerals project in Labrador.
Highlights include thick oxide intercepts up to 100.8 m grading 41.23% Fe2O3, 5.21% TiO2 and 0.302% V2O5, with higher-grade sub-intervals. The 2026 MRE drill program now has results from 23 holes and 11,600 m completed, confirming mineralization in 57 of 57 holes across a 29 km² central oxide corridor.
SAGA Metals (OTCQB:SAGMF) reported initial results from a late-April 2026 QMAGT full-tensor magnetic survey at the 100%-owned Radar titanium-vanadium-iron project in Labrador. The data image a large, continuous magnetic anomaly in the central oxide-layering corridor, including Trapper, Hawkeye, and the untested Falcon Zone.
The main anomaly’s magnetic footprint is described as comparable in scale to some of the world’s largest titanium-vanadium intrusions, though Radar currently has no mineral resource estimate. A maiden resource, limited to the Trapper area, is in progress and future drilling is planned, especially at the Falcon Zone.
SAGA Metals (OTCQB:SAGMF) reported new 2026 assays from Trapper South at the Radar titanium‑vanadium‑iron project in Labrador. Six drill holes (R‑0030 to R‑0035) returned broad oxide intercepts, including up to 48.03% Fe2O3, 7.25% TiO2 and 0.304% V2O5.
A total of 42 holes (R‑0016 to R‑0057) have been completed in 2026 at Trapper South, contributing to 11,600 m drilled in the Trapper Zone toward a maiden Mineral Resource Estimate.