Site Visit: Saga Metals’ search for critical metals puts it on the radar

Key Concepts

• Hawkeye Trench: Site of Saga Metals' 2025 winter drill campaign, part of the maiden drill program on the Radar project.
• Radar Project: A titanium-vanadium-bearing vanadiferous magnetite project.
• Vanadiferous Magnetite: Magnetite (an iron oxide mineral) that also contains vanadium.
• Layered Mafic Intrusion: A type of igneous intrusion characterized by distinct layers of different mineral compositions.
• Magnetite Layers: Specific layers within the intrusion that host titanium and vanadium.
• Trapper Trench: Located at the northern extent of the Trapper anomaly.
• Trapper Zone: A 3 km zone within the Radar project where Saga Metals plans to establish a maiden resource.
• Titano-Adiferous Magnetite: Magnetite containing both titanium and vanadium.
• Cartwright, Labrador: The location of the Radar project, noted for its exceptional infrastructure, community support, and good jurisdiction.

Saga Metals' 2025 Winter Drill Campaign at Hawkeye Trench

The Hawkeye Trench is the designated site for Saga Metals' 2025 winter drill campaign, which represents their inaugural drill program on the Radar project. This project is characterized as a titanium-vanadium-bearing vanadiferous magnetite project. A key geological feature observed at this site is the distinct layering of magnetite, which is identified as the primary host for titanium and vanadium. These magnetite layers were previously intercepted during a 2200-meter drill program. The layered nature of the deposit, understood to be a layered mafic intrusion, has facilitated the team's ability to easily track the magnetite mineralization, resulting in intercepts of oxide layering ranging from 200 to 300 meters.

Maiden Resource Drilling at the Trapper Zone

The Trapper Trench, situated at the northern extent of the Trapper anomaly, will be the focus of an upcoming drill program. Saga Metals intends to establish a maiden resource for the Trapper zone. This zone is characterized by highly magnetic rocks containing titano-adiferous magnetite. The drilling program aims to delineate the extent of the 3 km Trapper zone to confirm the continuity of the magnetite-hosted titanium-vanadium deposit.

Relationship with Cartwright, Labrador and Economic Opportunity

Saga Metals highlights a "phenomenal" relationship with Cartwright, Labrador, the location of the Radar project. This relationship is described as mutually beneficial, leveraging the exceptional infrastructure, strong community support, and favorable jurisdiction of the area. The company expresses an aspiration for the Radar project to generate economic opportunities, including job creation, through the extraction of titanium, vanadium, and iron from the ground.

Synthesis and Conclusion

Saga Metals is actively advancing its Radar project, a vanadiferous magnetite deposit in Cartwright, Labrador. The company is initiating its maiden drill programs at the Hawkeye Trench and the Trapper zone, with the objective of defining a maiden resource. The project's geology, characterized by layered mafic intrusions hosting titano-adiferous magnetite, is well-understood and has allowed for significant oxide layering intercepts. The strategic location in Cartwright, Labrador, provides a supportive environment with excellent infrastructure and community backing, which Saga Metals aims to leverage to create economic benefits through resource development.