SAGA Metals (TSX-V:SAGA) has received additional assay results from an ongoing diamond drilling program at the Trapper Zone in Canada, which Director Michael Garagan says is unveiling the “true scale and quality” of the central oxide corridor.
Three diamond drill holes have returned consistent broad intercepts of oxide mineralisation.
Some of the assays include 73m @ 45.34% iron oxide, 6.31% titanium dioxide, and 0.345% vanadium pentoxide; and 42.4m @ 46.20% iron oxide, 6.35% titanium dioxide, and 0.364% vanadium pentoxide.
“The remarkable consistency we are seeing reinforces the district-scale potential of the Radar Project and builds strong momentum toward our maiden mineral resource estimate,” Garagan says.
The latest results bring the total resource estimate drill results to 23 holes received to date. Drilling is progressing efficiently, with 11,600m completed in the Trapper Zone so far.
SAGA Metals is reviewing and interpreting the data to release the next set of assays in a week.
The Trapper Zone is part of the broader Radar Project which comprises 690 mineral claims across nine licences, totalling 24,175 hectares, in southeastern Labrador, Canada.
SAGA Metals is a North American mining company focused on exploring and discovering a suite of diversified critical minerals that support the transition to supply security.
Write to Aaliyah Rogan at Mining.com.au
Images: SAGA Metals
