SAGA Metals (TSX-V:SAGA) has completed its maiden diamond drilling program at the Wolverine Heavy Rare Earth Element Project in Labrador, Canada, logging prospective alteration in all 22 holes.
The wholly owned project’s first systematic diamond campaign comprised 3,241m, with individual holes reaching depths of 43–204m.
Initial logging identified an alteration assemblage that SAGA interprets as associated with rare earth (REE) mineralisation. Assays are required to determine whether the holes contain REEs at material grades.
Two holes have been fully logged and sampled. W26-001 intersected 118.75m of the targeted Unit 4 volcanic sequence, with alteration extending across 180.2m of the 182m hole.
W26-002 intersected 50.97m of Unit 4, while alteration was logged across approximately 178.65m. Logging and sampling of the remaining 20 holes continues, with initial assays expected to be reported in batches.
Director and Chief Geological Officer Michael Garagan says the drilling provides the first systematic view of Wolverine’s volcanic sequence at depth.
“The 2026 maiden diamond drill program at Wolverine has successfully confirmed the presence of the target alteration assemblage in every hole drilled and has provided the first systematic look at the volcanic sequence at depth,” Garagan says.
Assays to guide 2027 drilling
A two-month prospecting campaign collected 136 grab samples, with assays also pending. Fieldwork mapped the target volcanic units across more of the property and identified additional pegmatites and aplite dykes.
SAGA plans an induced polarisation survey during the June quarter of 2027. The geophysical and assay results will guide follow-up drilling targeting interpreted feeder structures at depth.
The update follows final assays from SAGA’s Trapper drilling at the separate Radar project, as previously reported by Mining.com.au.
SAGA Metals is a Canadian critical minerals explorer advancing the Wolverine, Radar, and Legacy projects in Labrador and Québec.
Write to France Pinzon at Mining.com.au
Main image: SAGA Metals
