SAGA completes Trapper drilling assays ahead of maiden resource estimate
The company reported five final assay holes; independent resource modelling is next.
Event / data period: 2026-10-14
Published: · Updated:
SAGA Metals reported final assays from five holes at the Trapper Zone of its Radar titanium-vanadium-iron project near Cartwright, Labrador. Hole R-0092 returned 188.9 metres grading 39.54% Fe₂O₃, 5.94% TiO₂ and 0.285% V₂O₅; the interval includes 44.0 metres at 54.11% Fe₂O₃, 8.99% TiO₂ and 0.369% V₂O₅.
The company said the full program comprised 85 holes and 22,432 metres, with oxide mineralization intersected in every hole. The assay database is being transferred for independent resource modelling; a maiden NI 43-101 estimate was expected in Q4 2026, so the reported drilling is not itself a mineral resource. These lengths are down-hole assay intervals, not stated true thicknesses.
Data
Reported figures
Project figures stated in the release.
| Trapper MRE drilling | 22432 | metres |
| R-0092 intercept | 188.9 | metres |
Methodology
Company-reported figures; the sampling, drilling and planning limits stated in the source apply.
Updated:
Reported figures
Project figures stated in the release.
| Drill holes | 85 | holes |
Methodology
Company-reported figures; the sampling, drilling and planning limits stated in the source apply.
Updated:
Reported figures
Project figures stated in the release.
| R-0092 Fe₂O₃ grade | 39.54 | % |
| R-0092 TiO₂ grade | 5.94 | % |
| R-0092 V₂O₅ grade | 0.285 | % |
Methodology
Company-reported figures; the sampling, drilling and planning limits stated in the source apply.
Updated:
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