SAGA Metals (TSX-V:SAGA) has received drill results which demonstrate broad and consistent mineralisation at the Trapper Zone within the Radar Titanium-Vanadium-Iron Project in Canada.
As part of an ongoing resource estimate diamond drill program, three holes intercepted broad zones of semi-massive oxide up to 87.08m, confirming increased oxide concentration and thickness.
Some of the results include 70.3m @ 42.65% iron oxide, 5.66% titanium oxide, and 0.299% vanadium pentoxide and 45.7m @ 49.51% iron oxide, 6.56% titanium oxide, and 0.374% vanadium pentoxide.
Drilling is progressing efficiently, with 4,492m completed to date.
Director Michael Garagan says the latest assays confirm the consistency of “high-grade” oxide mineralisation.
“These results reinforce our confidence as we advance toward a maiden mineral resource estimate at the Radar Project,” Garagan says.
Earlier in March, SAGA received the first assays from two diamond drillholes, which showed broad zones of semi-massive oxide mineralisation extending up to 87.07m confirms the presence of increased concentration and thickness in the southeastern anomaly.
As previously reported, CEO Michael Stier says the company believes Radar has potential to become an “important Canadian exploration story”.
The company believes Radar’s location and infrastructure, including road access, deep-water port, nearby hydro-electric power and airstrip in Labrador, may offer a compelling jurisdictional advantage as North American governments and manufacturers continue to prioritise stable, transparent and allied sources of strategic mineral inputs.
The Radar Project spans 24,175 hectares and hosts the entire Dykes River intrusive complex, a unique position among Western explorers. Geological mapping, geophysics, and trenching have already confirmed oxide layering across more than 20km of strike length, with mineralisation open for expansion.
Write to Aaliyah Rogan at Mining.com.au
Images: SAGA Metals
