.jpg)
3 hours ago
1
Article content
Article content
Article content
Article content
Figure 3: SAGA’s field team conducting the magnetic and electromagnetic survey, including Very Low Frequency (VLF-EM) on the Radar Titanium Project
Article content
Michael Garagan, CGO & Director of SAGA, comments: “We are fortunate to have exceptional infrastructure at the Radar Titanium project. The ability to complete low-cost maintenance on the forestry road and access trail into the Trapper zone will only further enhance the cost-effectiveness of future programs, adding tremendous value to shareholders. We are excited to have two teams conducting geophysics over the Trapper zone, with interpretations expected by mid-summer. As I previously mentioned, early indications suggest the Trapper zone contains some of the strongest magnetic anomalies, and we’ll be utilizing the magnetic inversions to delineate drill targets similar to the Hawkeye Zone.”
Article content
Article content
Article content
Article content
Figure 4: Radar Property map, depicting aeromagnetic anomalies, oxide layering and the site of the 2025 drill program. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is shown. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs.
Article content
Article content
Radar Ti-V-Fe Project Overview:
Article content
The Company’s 100%-owned Radar Property is located 10 km from the coastal city of Cartwright, Labrador, benefiting from tremendous infrastructure, including road access, deep-water port, airstrip and nearby hydro-electric power. The Radar Property comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface.
Article content
The Dykes River intrusive complex is a recently recognized Mesoproterozoic layered mafic intrusion (Gower, 2017). It has gained attention due geological similarities to large AMCG-type intrusions and a very extensive titanium–vanadium–iron (Ti-V-Fe) rich layer.
Article content
Radar Ti-V-Fe Project 2025 Winter Drill Program Highlights:
Article content
- Analytical results have been received on all seven diamond drill holes from the 2025 winter program.
- Combined with petrographic analysis, these assays confirm that the primary economic mineral is vanadiferous titanomagnetite, favourable for simplified metallurgical processing.
- Notable intercepts of vanadiferous titanomagnetite from the 2025 winter drill program include:
- 20.2 meters grading 31.35% Fe, 6.32% TiO₂, and 0.435% V₂O₅ in HEZ-07
- 57.7 meters grading 27.09% Fe, 5.305% TiO₂, and 0.365% V₂O₅ in HEZ-07
- 25.0 meters grading 19.92% Fe, 4.14% TiO₂, and 0.213% V₂O₅ in HEZ-05
- 31.5 meters grading 25.95% Fe, 5.34% TiO2 and 0.28% V2O5 in HEZ-01
- 50 meters grading 24.49% Fe, 4.74% TiO2 and 0.305 % V2O5 in HEZ-04
- 28 meters grading 20.11% Fe, 4.22% TiO₂, and 0.214% V₂O₅ in HEZ-06
- 37 meters grading 12.4% Fe, 4.17% TiO₂, and 0.069% V₂O₅ in HEZ-02
- 55 meters grading 11.37% Fe, 4.07% TiO₂, and 0.051% V₂O₅ in HEZ-03
- Titanomagnetite-rich zones average between 20% and 40% titanomagnetite, with localized massive layers exceeding 60%.
- Drilling has confirmed the presence of oxide layering and associated magnetic anomalies to vertical depths of up to 300 meters.
- Current drilling has tested just 1/40th of the identified 20 km strike extent of the oxide layering zone within the Dykes River Intrusion (refer to Figure 4 for map view).
Article content
Article content
(Click here to see SAGA’s news release dated May 5, 2025 for full information on holes HEZ-01 & HEZ-04, here to see SAGA’s news release dated May 26, 2025 for full information on holes HEZ-05 & HEZ-07 and here to see SAGA’s news release dated May 29, 2025 for full information on holes HEZ-06, HEZ-02 & HEZ-03)
Article content
Engaged Alphabridge Group Inc. for Equity Research Coverage
Article content
The Company has engaged Alphabridge Group Inc. (“Alphabridge”) to provide equity research coverage on the Company for an initial term of one year, beginning on June 25, 2025. Total consideration payable to Alphabridge is $15,000 plus GST. Alphabridge services will be provided via its principal Vasant Jain, based out of Vancouver, BC. Alphabridge and its principal are arm’s length to the Company, and to the knowledge of the Company hold no securities of the Company as of the date hereof.
Article content
Qualified Person
Article content
Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information related to the Radar Ti-V-Fe Project disclosed in this news release.
English (US)