SAGA Metals (TSX-V:SAGA) has received C$225,000 ($229,331), under the Junior Exploration Assistance (JEA) program, which supported the 2025 drilling program at the Radar Critical Minerals Project in Labrador, Canada.
The program provides non-dilutive funding to advance mineral exploration across Newfoundland and Labrador, focusing on new discovery and development of projects toward defined mineral resources.
SAGA has also submitted a letter of intent under the JEA program to continue to support the development of the Radar Project.
Earlier this month, SAGA engaged Dias Airborne to conduct an airborne geophysical survey at Radar, which will provide unprecedented resolution to verify the full extent of the magnetic anomalies across the entire system linking the Hawkeye and Trapper targets.
Director Michael Garagan says the data will be critical for accurately modelling the geology and supporting the upcoming resource at the Trapper target, while highlighting “blue-sky potential” beyond the current drilling area.
To date, the company has confirmed mineralisation in 45 out of 45 drill holes completed and also observed in two primary zones. Analytical results received also include numerous oxide-rich intercepts.
Further, the company has confirmed a more than 16km oxide layering trend that stretches from the Hawkeye Zone to the Trapper Zone, demonstrating district-scale potential.
Consistent grades and thicknesses with semi-massive to massive oxides have been reported up to 65.44% iron, 13.3% titanium oxide, and 0.66% vanadium pentoxide.
The Radar Project hosts the entire Dykes River intrusive complex, spanning 24,175 hectares in Canada.
SAGA Metals is a North American mining company focused on exploring and discovering a diversified suite of critical minerals that support the transition to supply security.
Write to Aaliyah Rogan at Mining.com.au
Images: SAGA Metals
