SAGA Metals Releases High-Resolution Magnetic Data from the Radar Project in Labrador, Canada
2026-05-22 16:00
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en.Wedoany.com Reported - SAGA Metals (TSXV:SAGA) has released the results of an airborne magnetic survey over the oxide layered corridor area in the central part of its Radar Titanium-Vanadium-Iron Project in Labrador, Canada. Dias Airborne executed the full tensor magnetic gradiometry acquisition in April 2026 using its Quantum Magnetic Tensor Gradiometry (QMAGT) system, providing the company with the highest-resolution magnetic data to date.

The survey resolved magnetic continuity from Trapper South to the Falcon Zone, showing that the oxide system at Trapper South extends along a southern flank magnetic trend, which aligns with the undrilled Falcon Zone. SAGA plans subsequent drilling to verify mineralization within this magnetic trend. The survey comprised 157 north-south oriented lines at a 75-meter spacing, fully covering the oxide layered corridor in the central part of the project area. The full tensor magnetic gradiometry data were processed to create terrain-corrected grids based on the North-East-Down (NED) coordinate system.

Chief Geologist and Director Michael Garagan stated that this survey has enhanced SAGA's understanding of the geometry and magnetic continuity of the Radar Project. He noted that the key significance lies in providing a clearer basis for completing the remaining Mineral Resource Estimate (MRE) drilling at the Trapper Zone and prioritizing subsequent drilling at the Hawkeye and Falcon Zones. The surface expression scale of the main magnetic anomaly is now comparable to the world's largest titanium-vanadium deposits; coupled with the significant true thicknesses of high-grade oxide mineralization already intersected in drilling, the project's potential becomes even more substantial. Although drilling is required to confirm the source, grade, and thickness of new anomalies, this magnetic survey has established a strengthened structural and geophysical interpretation framework for the next phase of exploration.

SAGA's exploration focus in 2026 is to advance the Radar Project towards the first National Instrument (NI) 43-101 compliant Mineral Resource Estimate (MRE) for Trapper, while concurrently testing new targets delineated by the QMAGT survey. Core work includes completing the diamond drilling program required for the Trapper MRE, 3D magnetic inversion modeling based on the QMAGT dataset, metallurgical testing on representative samples from various zones, and continuing diamond drilling at the Falcon Zone to verify new anomalies defined by the QMAGT survey.

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