
SAGA Metals Reports Assays from R-0061 to R-0063 with Intercepts Including 47.36% Fe2O3, 6.73% TiO2, 0.353% V2O5 from 2026 Drilling at Radar Critical Minerals Project in Labrador
Newsfile Corp
Published: Aug 17, 2026, 06:00 AM
Sentiment Analysis
SAGA Metals Corp. is reporting additional assay results from drill holes R-0061, -0062, and -0063 completed as part of its ongoing maiden Mineral Resource Estimate 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 additional diamond drill holes (R-0061 to R-0063) from the MRE drill program initiated in Q4 2025, delivering consistent broad intercepts of oxide mineralization. Key intercepts include: Hole R-0061: 163.0 m @ 43.07% Fe2O3, 6.19% TiO2, 0.293% V2O5 Including 92.3 m @ 47.36% Fe2O3, 6.73% TiO2, 0.353% V2O5 Hole R-0062: 33.0 m @ 34.37% Fe2O3, 5.24% TiO2, 0.173% V2O5 Including 14.8 m @ 40.52% Fe2O3, 6.38% TiO2, 0.217% V2O5 Hole R-0063: 98.9 m @ 28.51% Fe2O3, 4.01% TiO2, 0.157% V2O5
These latest results, highlighted by the significant 163-metre intercept in hole R-0061 averaging 43.07% Fe2O3, 6.19% TiO2 and 0.293% V2O5, continue to demonstrate the impressive continuity and consistency of oxide mineralization across the Trapper Zone. The company is now just one drill hole away from completing the planned MRE drill program. Management decided to add two additional holes to the program to collect critical structural data that will further strengthen the resource model. The company remains highly encouraged by the scale and quality of the mineralization as it advances toward its maiden Mineral Resource Estimate.
The results from these three drill holes, R-0061, R-0062, and R-0063, 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-0061 to R-0063 Hole R-0061: Drill hole R-0061 is drilled on cross-section S11 with an azimuth of 218 and a dip of dipping -45°, with a total depth of 359 m. The oxide zone intersected at 51.9 m is 244.4 m (true thickness 221.2 m) consisting of 93.5 m of semi-massive and 150.8 m of rhythmic layering oxide. Hole R-0062: Drill hole R-0062 is drilled on cross-section S12 with an azimuth of 38 and a dip of dipping -60°, with a total depth of 251 m. The oxide zone intersected at surface (0.0 m) is 111.4 m (true thickness 101.8 m) consisting of 36.2 m of semi-massive and 75.2 m of rhythmic layering oxide. Hole R-0063: Drill hole R-0063 is drilled on cross-section G10, with an azimuth of 180 and a dip of -45°, with a total depth of 542 m. The oxide zone was intersected at 61.7 m is 137.8 m (true thickness 79.0 m) consisting of 6.5 m of semi-massive and 131.3 m of rhythmic layering. The Trapper Grace zone cross-section G10 first-pass exploratory drill hole R-0063 has proven highly successful, intersecting nearly 100 metres.
Source: Newsfile Corp
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