SAGA Metals intercepts 53.07% Fe2O3 at Radar project, Labrador
Key facts
- 92.3 m
- 42 % Fe2O3
- R-0048
- +2 more
Drill results
| Hole | Interval | Width | Grade |
|---|---|---|---|
| R-0048 | 31.7–124.0 m | 92.3 m | 42 % Fe2O3 |
| R-0050 | 63.9–192.0 m | 128 m | 41 % Fe2O3 |
| R-0049 | 30.7–131.0 m | 100 m | 43 % Fe2O3 |
| R-0013 | 9.5–121.0 m | 112 m | 37 % Fe2O3 |
| R-0014 | 8.8–50.0 m | 41.2 m | 36 % Fe2O3 |
| R-0047 | 120.6–247.4 m | 127 m | 43 % Fe2O3 |
| R-0051 | 99.9–219.0 m | 119 m | 43 % Fe2O3 |
| R-0052 | 68.6–181.0 m | 112 m | 47 % Fe2O3 |
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2026) - 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-0050, -0051, -0052, -0053 and -0054 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 (Figure 1). Figure 1: The Radar Property with the Dias QMAGT vertical gradient (Bzz) anomaly footprint shown in red (high-amplitude pixels only).
The QMAGT-imaged central oxide-layering corridor validated over 29 km 2 , encompassing the Trapper Zone, Hawkeye Zone, and the new Falcon Zone. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12336/306034_figure1.jpg Trapper Zone Assay Highlights Analytical results received for five (5) additional diamond drill holes (R-0050 to R-0054) from the MRE drill program initiated in Q4 2025, delivering consistent broad intercepts of oxide mineralization. Key intercepts include: Hole R-0050: 128.1 m @ 40.80% Fe2O3, 5.79% TiO2, 0.294% V2O5 Including 53.0 m @ 49.61% Fe2O3, 7.24% TiO2, 0.401% V2O5 Hole R-0051: 119.1 m @ 42.68% Fe2O3, 5.89% TiO2, 0.280% V2O5 Including 31.9 m @ 53.07% Fe2O3, 7.68% TiO2, 0.384% V2O5 Hole R-0052: 112.4 m @ 46.67% Fe2O3, 6.71% TiO2, 0.305% V2O5 Including 66.0 m @ 49.63% Fe2O3, 7.24% TiO2, 0.335% V2O5 Hole R-0053: 159.9 m @ 45.27% Fe2O3. 6.32% TiO2, 0.306% V2O5 Including 37.5 m @ 50.44% Fe