SAGA Metals (TSX-V:SAGA) has received drill results from the Radar Titanium-Vanadium-Iron Project in Labrador, Canada, which strengthen the company’s titanium thesis.
The latest results from the first two of eight completed resource estimate program drillholes at the Trapper Zone show long, cumulative intervals of oxide mineralisation.
SAGA says the mineral assemblage is consistent with vanadiferous titanomagnetite and ilmenite mineralisation that could potentially underpin multiple downstream titanium value chains and support an emerging strategic narrative – a need for resilient North American titanium supply.
The results include 36m @ 6.57% titanium oxide, 0.244% vanadium pentoxide, 36.21% iron oxide; and 296.47m @ 7.46% titanium oxide, 0.250% vanadium pentoxide, and 39.75% iron oxide.
Director Michael Garagan says the results represent the best drill intercepts to date returned from the Radar project.
The Radar Project, covering 24,175 hectares, hosts the entire Dykes River intrusive complex.
Drilling to date – totalling 4,250m – has confirmed a large mineralised layered mafic intrusion hosting versatile time domain and ilmenite concentrations with strong titanium and vanadium grades.
SAGA notes drilling and geophysics validate a continuous more than 16km oxide layering trend stretching from the Hawkeye Zone to the Trapper Zone, coinciding with a strong arcuate regional magnetic-high anomaly.
Write to Aaliyah Rogan at Mining.com.au
Images: SAGA Metals
