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 (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).
SAGA Metals (OTCQB: SAGMF) has fully mobilized crews and equipment for a major diamond drill program at the 100% owned Radar Ti‑V‑Fe Project in southeastern Labrador, with drilling to commence in early November 2025.
The campaign targets oxide mineralization in the Trapper Zone to support a maiden mineral resource estimate (MRE) planned for 2026, with a planned overall program of 15,000 metres and Phase 1 drilling of 1,500–2,500 m before the December break. The Radar property spans 24,175 hectares and hosts a >3 km oxide trend and the Dykes River intrusive (~160 km²). SAGA also engaged Think Ink for digital IR services for USD $100,000 commencing Nov 1, 2025.
SAGA Metals (OTCQB: SAGMF) is mobilizing drill crews in early November for Phase 1 of a 2025–2026 program at the Trapper Zone, Radar Project, Labrador, aiming to advance toward a maiden Mineral Resource Estimate.
Key operational facts: a planned 15,000 m diamond drill program along a 3+ km Trapper Trail target, initial pre-December drilling of 1,500–2,500 m in 6–10 holes, commissioning of metallurgical testing by Impact Global Solutions, and recent fully subscribed financing of ~$3M to fund work. The property covers 24,175 ha with >20 km of oxide layering confirmed by recent surveys.
SAGA Metals (OTCQB: SAGMF) has announced a non-brokered private placement to raise up to C$2,988,000 through two offerings: 7.1 million flow-through units at C$0.28 per unit and 4 million hard dollar units at C$0.25 per unit. Each unit includes share purchase warrants exercisable at C$0.50 for 24 months.
The company is preparing for a significant 15,000-metre drill program at its Radar Ti-V-Fe Project in Labrador, Canada. The program focuses on the Trapper Zone's 3+ km strike and aims to establish a maiden mineral resource estimate. Current preparation work includes trench mapping, surveying, and camp infrastructure development, with drilling scheduled to begin in early November 2025.