
SAGA Metals Reports Assays from R-0058 to R-0060 with Intercepts Including 43.86% Fe2O3, 6.10% TiO2, 0.317% V2O5 from 2026 Drilling at Radar Critical Minerals Project in Labrador and Adds to Its Advisory Board
Newsfile Corp
Published: Aug 10, 2026, 06:00 AM
Sentiment Analysis
SAGA Metals Corp. (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discoveries, is pleased to report additional assay results from drill holes R-0058, -0059, and -0060 completed in 2026 as part of its ongoing maiden Mineral Resource Estimate ("MRE") diamond drill program at the Trapper Zone within the 100%-owned Radar Titanium-Vanadium-Iron Project near Cartwright, Labrador, Canada.
The Trapper Zone forms part of an oxide corridor that includes the Falcon and Hawkeye Zones collectively covering 29 square kilometres.
Analytical results received for three (3) additional diamond drill holes (R-0058 to R-0060) from the MRE drill program initiated in Q4 2025, delivering consistent broad intercepts of oxide mineralization.
Key intercepts include:
Hole R-0060: 118.0 m @ 39.10% Fe2O3, 5.32% TiO2, 0.269% V2O5 Including 51.8 m @ 43.86% Fe2O3, 6.10% TiO2, 0.317% V2O5
Hole R-0059: 55.2 m @ 32.77% Fe2O3, 4.67% TiO2, 0.176% V2O5 Including 14.0 m @ 32.29% Fe2O3, 4.43% TiO2, 0.184% V2O5
Hole R-0058: 17.5 m @ 23.48% Fe2O3, 4.31% TiO2, 0.252% V2O5
Michael Garagan, CGO & Director of SAGA Metals, commented: "The results from holes R-0058 to R-0060 continue to confirming the continuity of oxide mineralization with consistent grades of titanium, vanadium and iron across the Trapper Transition between Trapper North and Trapper South. These intercepts effectively link the two massive units and further firm up the geological model that underpins our maiden Mineral Resource Estimate."
The results from these three drill holes, R-0058, R-0059, and R-0060, like previously reported drill hole results, demonstrate the consistency in grade and widths across the oxide mineralization, underscoring the growing potential for a sizable mineral resource that could create meaningful long-term value for SAGA shareholders.
Detailed Logging Highlights from Drill Hole R-0058 to R-0060
Hole R-0058 (Cross-Section T02, Figure 2): Drill hole R-0058 is drilled on cross-section T02 with an azimuth of 38 and a dip of dipping -45°, with a total depth of 299 m. The oxide zone intersected at 71.6 m is 53.0 m wide consisting of rhythmic layering oxide.
Hole R-0059 (Cross-Section T03, Figure 3): Drill hole R-0059 is drilled on cross-section T03 with an azimuth of 38 and a dip of dipping -45°, with a total depth of 377 m. The oxide zone is 185.7 m consisting of 167.3 m of rhythmic layering, 12.2 m of intercumulus and 6.2 m of semi-massive oxide mineralization.
Hole R-0060 (Cross-Section T03, Figure 3): Drill hole R-0060 is drilled on cross-section T03, with an azimuth of 38 and a dip of -60°. The drill hole under cuts hole R-0059 with a total depth of 335 m. The oxide zone is 160.9 m consisting of 72 m of rhythmic layering and 88.9 m of semi-massive oxide.
Source: Newsfile Corp
This content is not intended as investment advice or a recommendation. Any opinions expressed are solely the personal views of each article.