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SAGA Metals Leverages Geophysics to Define Drill Targets

SAGA Metals Corp., a North American exploration company specializing in the discovery of critical minerals, announced the successful completion of a focused geophysics program over the Hawkeye Zone at the Radar Titanium-Vanadium (Ti-V) project.

Map of the Radar Ti-V project and its proximity to the town of Cartwright, Labrador. Image Credit: Saga Metals Corps.

Key Geophysics Highlights

  • Expanded Zone Width: Geophysical surveys indicate that the Hawkeye Zone’s potential width has expanded from 500 m to 1 km.
  • Significant Strike Length: Surface sampling and geophysical data suggest a mineralized strike length of 4 km.
  • High-Grade Mineralization: The Hawkeye Zone hosts high-grade mineralization, with sample results showing 2. 5% – 11.1 % TiO₂ and 0.2 % – 0.66 % V₂O₅.
  • Mineralized System Defined: Advanced geophysics has precisely mapped the phases of a layered mafic intrusion, establishing drill-ready targets.

These geophysical results affirm the exploration potential of the Radar Ti-V Project, located 10 km south of Cartwright in Labrador, Canada. The project covers 17,250 hectares and benefits from road access, enabling efficient exploration and development.

High-Resolution Strategic Magnetic and Electromagnetic (EM) Survey Pinpoints Priority Drill Targets at Radar’s Hawkeye Zone

SAGA Metals has completed an in-depth magnetic and electromagnetic (EM) survey over the northwest section of the Hawkeye Zone at the Radar Project. The survey utilized ground-based equipment with a tightly spaced grid, including stations 25 m apart and 50 m line spacing, providing high-resolution magnetic and conductivity data. This approach proved highly effective in identifying magnetite-rich zones within the Gabbro Norite host rock, which is a key indicator of titanium (TiO₂) and vanadium (V₂O₅) mineralization.

The magnetic survey was a success, providing high-resolution imagery that, when combined with sample assays and field observations, helps map some of the most distinctive features of the system in this area.

The Hawkeye Zone, about 1 km wide and nearly vertically oriented, stands out as the most promising target on the property. Geophysical data now provide a detailed picture of the phases within a layered mafic intrusion that was sampled during the 2023-2024 field programs. The survey results offer clear insight, integrating sharp imagery with sample data and field observations to identify key geological phases within the Hawkeye Zone.

In the eastern part of the zone, alternating bands rich in silica and depleted in magnetite are found alongside layers of high-grade magnetite. Here, titanium and vanadium grades range from 5 to 11 % TiO₂ and 0.3 to 0.66 % V₂O₅. Moving to the west, the geological formation transitions into gabbro norite rocks, which contain dispersed magnetite. While these rocks have more uniform mineralization, their grades are lower, typically ranging from 3 to 5 % TiO₂ and 0.1 to 0.2 % V₂O₅.

Hawkeye Zone Yields Strong Titanium and Vanadium Anomalies in Soil and Rock Samples

On October 22, 2024, the Company announced the assay results from its 2024 summer field program.

Rock samples from the Hawkeye Zone consistently yielded values between 2.5 and 11.1 % TiO₂ and 0.2 to 0.66 % V₂O₅, confirming the presence of high-grade titanium and vanadium. Combined with the geophysical data, these results underscore the potential of the Hawkeye Zone, moving it into drill-ready status.

The radar project is coming together, revealing itself as a textbook example of a Ti-V enriched layered mafic intrusion. The Hawkeye Zone at the Radar Project is now drill ready! Our confidence in the zone comes from our field mapping, sample cover, assay consistency, and the amazing detail in the geophysics. They all support each other in geological data and observations. SAGA has spent 2 years compiling this data and building confidence in the Radar Project. The next step is to drill!

Michael Garagan, CGO and Director, SAGA Metals Corp.

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