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) has mobilized crews, equipment and supplies and established camp infrastructure ahead of a planned 4,000–5,000 m diamond drill program at its 100%-owned, royalty-free Wolverine Heavy REE Project in central Labrador. The integrated program includes detailed mapping, diamond drilling along and down dip, evaluation of additional prospects, and metallurgical and geochemical work to support a maiden NI 43-101 mineral resource estimate.
According to the company, 2025 RC drilling confirmed broad, near-surface mineralization over a 1.7 km × 1.2 km area, with key intercepts up to 48.8 m @ 0.77% TREO and peak assays of 2.03% TREO and average HREO contribution of ~24–28%. Government JEA and CMA programs have approved up to C$143,949 in non-dilutive funding for each of SAGA’s Radar and Wolverine targets. The company also renewed a digital marketing agreement with Machai Capital for C$400,000 over 120 days and granted 200,000 options at $0.50 with a two-year term, subject to TSX Venture Exchange approval.
SAGA Metals (OTCQB: SAGMF) reported completion of Stage 1 independent metallurgical validation using Temas Resources’ Regenerative Chloride Leach (RCL) technology on samples from its 100%-owned Radar Critical Minerals Project in Labrador. Bench-scale scoping achieved titanium recoveries up to 90.8%, vanadium up to 97.4% and iron up to 91.5% across multiple feed types, meeting all Stage 1 objectives and supporting a Gate 1 decision to advance into a Detailed Bench Optimization Program (Stage 2). Stage 2 will optimize leach chemistry, reagent regeneration and downstream metal recovery, generating engineering data for potential pilot and demonstration plants. According to SAGA Metals, more than 18,641 m of drilling and confirmed mineralization in 78 of 78 holes underpin plans for a maiden Mineral Resource Estimate by Q4 2026 and a Preliminary Economic Assessment by Q1 2027.
SAGA Metals (OTCQB: SAGMF) reported new 2026 assay results from drill holes R-0055 to R-0057 at the Trapper Zone of its 100%-owned Radar titanium‑vanadium‑iron project near Cartwright, Labrador. Key intercepts include 97.6 m grading 43.54% Fe2O3, 6.62% TiO2 and 0.277% V2O5 in R-0055, and 19.6 m grading 53.72% Fe2O3, 8.24% TiO2 and 0.377% V2O5 in R-0057.
According to SAGA Metals, these results lift total assayed MRE drill holes to 50, within a broader 71-hole program and 18,641 m drilled to date in the Trapper Zone. Drilling continues on holes R-0079 and R-0080, with core recoveries above 95% supporting metallurgical work and the planned maiden Mineral Resource Estimate.
SAGA Metals (OTCQB: SAGMF) reported new 2026 assay results from five drill holes (R-0050 to R-0054) at the Trapper South area of the Trapper Zone within its 100%-owned Radar titanium‑vanadium‑iron project near Cartwright, Labrador. The intercepts include broad oxide mineralized intervals such as 128.1 m in R-0050 grading 40.80% Fe2O3, 5.79% TiO2 and 0.294% V2O5, and 119.1 m in R-0051 grading 42.68% Fe2O3, 5.89% TiO2 and 0.280% V2O5, with higher‑grade sub‑intervals including 31.9 m at 53.07% Fe2O3, 7.68% TiO2 and 0.384% V2O5.
Additional highlights include 112.4 m in R-0052 at 46.67% Fe2O3, 159.9 m in R-0053 at 45.27% Fe2O3 and 57.8 m in R-0054 at 44.92% Fe2O3. According to SAGA Metals, a total of 67 holes (R-0008 to R-0074) and 17,448 m have been drilled in the Trapper Zone to date, with oxide zones commonly exceeding 70–160 m true thickness and core recovery above 95%, supporting advancement of a maiden Mineral Resource Estimate.
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.