SAGA Metals Confirms Significant Oxide Layering in the Northwest of the 100% owned Radar Titanium Project in Labrador, Canada
SAGA Metals Confirms Significant Oxide Layering in the Northwest of the 100%
owned Radar Titanium Project in Labrador, Canada
VANCOUVER, British Columbia, July 08, 2025 -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA)
(OTCQB: SAGMF) (FSE: 20H) , a North American exploration company focused on critical mineral discovery, is pleased to
announce SAGA’s geophysics team has confirmed significant oxide mineralization in the northwest section of the 100%
owned Radar Titanium Property (the “Property) over the site previously drilled back in 1996.
Northwest Zone, Radar Property
During the historic Voisey’s Bay nickel discovery in northern Labrador, several other companies commenced exploration
initiatives across the province. One company targeted a nickel and cobalt layered mafic intrusion located in the northwestern
corner of the Property (see Figure 1 below). Drilling of 350 m was completed, with approximately 10% of the drill core assayed
for multi-element, while the majority was only tested for Ni and Co. In drill hole 97-1, (Sample 97-1-13) recorded 40.27% Fe2O3,
7.73% TiO2 from 52 to 52.9 feet , (Sample 97-1-15) recorded 59.09% Fe2O3 and 7.32% TiO2 from 56 to 57 feet . Additionally,
several significant intercepts of 75% magnetite over 10 meters and greater were noted. That drill program was suspended due
to the presence of consistent magnetite.
Michael Garagan, CGO & Director of SAGA, comments: “Regional geophysics did not cover this section of the property,
but with the one hole from the 1996 drill program data assayed for multi-element, we knew of the NW zone mineralization, we
just didn’t know to what extent. While the ground crews continued to clear the old forestry road access to the Trapper zone, we
commenced exploration on the NW zone. These geophysical results validate that the oxide layering zone could extend from
the western part of the Trapper zone into the northwestern part. This would significantly increase our inferred oxide layering
strike well beyond the current 20km.”
Radar Ti-V-Fe Project Overview:
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.
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.
Northwest Zone Geophysical Survey
Figure 1: Map of the Radar Titanium Project showing the location of the NW Zone geophysical survey (marked with the yellow
star) relative to the Hawkeye zone drill site and the Trapper Zone.
Results from a magnetic survey conducted on the NW target in June 2025 show exceptional indications of oxide layering. The
data from the survey were used to produce a first vertical derivative magnetic anomaly map and a total magnetic intensity map
(TMI) (see Figure 2 below). Just 9km northwest of the Hawkeye zone, the NW target contains numerous magnetic highs up to
55,000 nT (nanotesla – a unit of magnetic field strength). Outcrops of gabbronorite with 40% magnetite confirm the presence of
significant oxide mineralization, which is most likely the cause of those magnetic highs (see sample in Figure 3 below). The
NW target is separated from the Hawkeye zone by a section of gneiss and an assumed fault. Despite lithological surface
contacts not being contiguous with the inferred oxide layering to the south, historical geochemical data, combined with these
geophysical results, and the observed magnetite in outcrop, indicate that the NW target contains an area of oxide layering
right next to the road.
Michael Garagan, CGO & Director of SAGA, continues: “This is without a doubt another prospective target for further
exploration work in the future. It also reiterates the exceptional access across the entire property and our team’s ability to
traverse these important zones. Our current priority is a follow up drill campaign in the Trapper zone; however, this geophysical
survey gave us our first glimpse of oxide layering towards the north and we’ll be working to confirm if this is a separate oxide
zone or the continuation of the same trend highlighting the possibility that this is either a very large lopolith structure or near
complete circular aerial expression.”
Figure 2: Total magnetic intensity (TMI) map for the NW Zone target. Major magnetic highs are in the center and southern
sections of the maps. The inferred area, which includes the oxide layering, is outlined striking east-west.
Figure 2 above indicates that there are isolated to semi-continuous areas of magnetic rock. Magnetic field values in the range
of 55,000 nT indicate the presence of strongly magnetic rocks. The total magnetic intensity (TMI) data which plots the change
in magnetic field values in nT/m, shows high rates of change on the edges of anomalies indicated in the TMI map (Fig. 2). The
high rates of change along magnetic bodies indicate sharp contacts between magnetic and nonmagnetic rocks with most of
the magnetic highs located in the center of the map. These expressions of drastic high-to-low changes in magnetism are what
the team identified and drilled at the Hawkeye zone. The oxide anomalies strike NE-E-W and were defined by magnetic highs,
high gradients on the edges, and ground-truthed outcrops of gabbronorite, as outlined in the regional map, 1VD, and TMI
(Figures 1, 2 and 3).
The survey conducted used a GEM Systems GSM-19 Magnetometer. During the survey, magnetic-field measurements and
VLF-EM data were recorded. The grid used is 1 km by 1.2 km, with lines running north-south having a 100 m spacing, and
stations having a 20 m spacing.
Figure 3: A piece of gabbronorite from an outcrop in the NW Zone - target. In hand sample, modal mineralogy for magnetite
is 40%. The book is 17cm long for scale.
Road Maintenance and Access Trail Update
SAGA’s ground crews have successfully cleared the old forestry road of overgrowth and created the laydown at the entrance of
the Tapper zone access trail. Additionally, work has commenced along the access trail with several hundred meters
completed to date. It is expected that the excavator will access the center of the Tapper zone by the end of the week.
The road and trail construction aims to provide direct access to both the eastern Hawkeye Zone and the western extent of the
Trapper Zone. This strategic roadwork will significantly enhance logistical and cost efficiency as well as exploration capacity
across the main body of the oxide layering zone.
Figure 4: 25-tonne excavator arriving on site. The transport truck dropped the excavator at the junction of the main road
running through the Radar Titanium Project towards the Hawkeye zone and the old forestry road.
Figure 5: 25-tonne excavator creating access trail along the oxide layering strike within the Trapper Zone.
Radar Ti-V-Fe Project 2025 Winter Drill Program Highlights:
• 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 1 for map view).
(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)
Qualified Person
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.
About SAGA Metals Corp.
SAGA Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of
critical minerals that support the global transition to green energy. The Radar Titanium Project comprises 24,175 hectares and
entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration
to date, including a 2,200m drill program, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous
titanomagnetite (VTM) with strong grades of titanium and vanadium.
The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares featuring uranium radiometrics that highlight an
18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3O8 and uranium uranophane
was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).
Additionally, SAGA owns the Legacy Lithium Property in Quebec's Eeyou Istchee James Bay region. This project, developed
in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these
properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio
Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals.
With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an
essential role in the clean energy future.
On Behalf of the Board of Directors
Mike Stier, Chief Executive Officer
For more information, contact:
Rob Guzman, Investor Relations
SAGA Metals Corp.
Tel: +1 (844) 724-2638
Email: [email protected]
www.sagametals.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Disclaimer
This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical
facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipates”, “expects”,
“believes”, and similar expressions or the negative of these words or other comparable terminology. All statements other than
statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In
particular, this news release contains forward-looking information pertaining to the exploration of the Company’s Radar Project.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from
the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in
commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on
insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks
detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its
SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking
information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the
control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such
information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual
results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly
qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date
of this news release and the Company will update or revise publicly any of the included forward-looking statements only as
expressly required by applicable law.
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