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SAGA Metals Drills 495 Metres of Titanium and Vanadium Mineralization in Labrador

SAGA Metals has reported results from six new drill holes at its Radar Critical Minerals project in Labrador, with hole R-0085 intercepting 495.6 metres of significant iron, titanium, and vanadium grades. The 22,432-metre drilling program — the largest in the company’s history — is now complete, with a maiden mineral resource estimate for the Trapper zone as the next milestone.

SAGA Metals Drills 495 Metres of Titanium and Vanadium Mineralization in Labrador

SAGA Metals has announced six new assay results from the drilling program at its Radar Critical Minerals project in Labrador, Canada. Hole R-0085 returned 495.6 metres grading 37.86% iron oxide (Fe₂O₃), 5.51% titanium dioxide (TiO₂), and 0.273% vanadium pentoxide (V₂O₅), including a higher-grade internal interval of 68.2 metres at 52.95% Fe₂O₃, 8.57% TiO₂, and 0.381% V₂O₅. Results now cover 80 of the program’s 85 total holes, with the remaining laboratory assays expected within days.

The MRE drilling program — standing for Mineral Resource Estimate, the first official resource assessment — was completed in August 2026 following approximately eight months of continuous work in the Trapper zone of the deposit. In total, 22,432 metres were drilled across 85 holes, every single one of which intercepted oxide mineralization. This is a rare outcome in mineral exploration, pointing to an unusually consistent and continuous mineralized body. The most recent holes, R-0082 through R-0087, reinforce this trend: hole R-0084, for instance, returned 80.9 metres grading 36.58% Fe₂O₃, 6.07% TiO₂, and 0.201% V₂O₅.

The Radar deposit is hosted within a layered mafic lopolith intrusion covering 29 km², encompassing three mineralized zones: Trapper, Falcon, and Hawkeye. The mineralization is of the vanadiferous titanomagnetite (VTM) type with ilmenite, a combination that simultaneously yields three critical minerals: titanium, vanadium, and iron. The project benefits from proximity to the deep-water port at Cartwright and a local airport — a tangible logistical advantage for any future mining operation. The magnetic anomaly identified in the area is comparable in scale to some of the largest known titanium-vanadium intrusions worldwide.

Vanadium holds direct relevance to the energy transition: it is the key component in vanadium flow batteries, used for stationary energy storage from renewable sources. Titanium is a strategic raw material for the aerospace and defence industries. Both metals appear on the critical minerals lists of the United States, the European Union, and Canada. Preliminary metallurgical tests conducted using Temas Resources‘ RCL technology have already demonstrated recoveries of up to 97.4% for vanadium, 90.8% for titanium, and 91.5% for iron. If confirmed at pilot scale, these figures make the project compelling not only for its resource size but also for the commercial value of its extracted material.

With final assays expected shortly and the drilling program now closed, SAGA Metals has all the data needed to begin compiling the maiden mineral resource estimate for the Trapper zone. That step will translate field data into an official deposit quantification — a prerequisite for any future development decision. Given the mineralization continuity demonstrated across every single drill hole, and the extent of the magnetic anomaly in the Falcon and Hawkeye zones that have yet to be systematically drilled, the project’s overall potential may ultimately prove far greater than what has already been documented.

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