SAGA Metals Launches 2026 Drill Campaign for Maiden Resource at Labrador Critical Minerals Project
SAGA Metals Mobilizes for 2026 Drilling at Radar Project

VANCOUVER – SAGA Metals Corp. has officially launched its 2026 field season, with exploration teams and drilling crews now mobilized for a major campaign at the company's wholly owned Radar Titanium-Vanadium-Iron (Ti-V-Fe) Project in southeastern Labrador. The primary objective of this intensive diamond drill program is to complete the work necessary for the project's first-ever Mineral Resource Estimate (MRE), a crucial milestone for defining the economic potential of the deposit.

Strategic Focus on Critical Minerals for Modern Economies

The Radar Project is centered on a suite of metals deemed critical for national security and the green energy transition. The targeted commodities—titanium, vanadium, and iron—are essential raw materials for advanced manufacturing. Titanium is a cornerstone of aerospace and defense applications due to its high strength and light weight. Vanadium is a key component in large-scale grid batteries, which are vital for storing renewable energy, and is also used to strengthen steel. Iron ore remains the fundamental building block for global steel production.

Personnel and equipment are scheduled to arrive in Cartwright, Labrador, on January 16, 2026, with drilling operations set to commence immediately following their arrival. The company trades on the TSX Venture Exchange under the symbol SAGA, on the OTCQB as SAGMF, and on the Frankfurt Exchange as 20H.

Building on Promising 2025 Drill Results

The upcoming drill program builds upon highly encouraging results from the previous season's work in the Trapper Zone. Assays from two of the eight completed diamond drill holes have already demonstrated significant mineralization across substantial widths.

The reported intercepts include:

  • Hole R-0008: 269.36 metres averaging 36.21% iron oxide (Fe₂O₃), 6.57% titanium dioxide (TiO₂), and 0.244% vanadium pentoxide (V₂O₅).
  • Hole R-0009: 296.47 metres averaging 39.75% Fe₂O₃, 7.46% TiO₂, and 0.25% V₂O₅.

Further analysis reveals the high-grade nature of the mineralization. Notably, nearly half (46.2%) of the two-metre samples assayed contained over 7% TiO₂, with 23.2% exceeding 10% TiO₂. The highest individual titanium grade reported to date is 13.30% TiO₂ over a two-metre interval. For vanadium, 57.7% of samples graded above 0.2% V₂O₅.

The company also highlighted an exceptional higher-grade subsection within hole R-0009, which returned 87.20 metres averaging 50.67% Fe₂O₃, 10.15% TiO₂, and 0.339% V₂O₅. Assay results from the remaining six drill holes completed in 2025 are anticipated to be released in the coming week.

2026 Drilling Strategy and Logistics

The initial phase of the 2026 campaign will concentrate on the southern section of the Trapper Zone, referred to as Trapper South. The company plans to leverage an extensive trail network constructed during the summer of 2025, which will facilitate the movement of personnel via snowmobile and allow for efficient relocation of the drill rig using an excavator.

Drilling will commence at the southeasternmost extent of Trapper South. The plan involves systematically drilling approximately 30 holes for a total of roughly 7,500 metres. The program will then advance hole-by-hole northward toward the Trapper North area. This systematic approach is designed to complete the MRE-focused drill campaign by spring.

The drilling will follow a defined grid pattern to ensure comprehensive data collection for resource modeling. Holes will be spaced 100 metres apart along section lines and drilled at a 45-degree dip, with planned depths averaging a minimum of 150 metres of vertical coverage to provide confidence in the three-dimensional resource model.

This methodical and fully funded drill program represents a significant step forward for SAGA Metals in de-risking the Radar Project and advancing it toward a formal resource declaration, positioning it as a potential future source of strategically important minerals within Canada.