Saga Metals a North American exploration firm focused on key minerals announced the discovery of a significant mineralised layered mafic intrusion as part of its first 2025 drilling program at its Radar project. The project is situated in Labrador close to the town of Cartwright.
The business noted that the 160 km2 Dykes River intrusion, which contains the whole Radar Ti-V project, The extent of this region matches Greenland’s Skargaard intrusion. This scale emphasises the great unrealised potential of the area for producing important metals as titanium and vanadium.
Originally focussing on the Radar project to explore a unique geophysical signature and historical geochemical evidence pointing to Ortho magmatic Fe-Ti-V mineralisation, Saga also aimed the inaugural SAGA drill program sought to explore the core of the magnetic anomaly discovered by geophysics at the Hawkeye zone. Originally scheduled for 1,500 meters, early drilling showed high intercepts across the main layering sequences, so boldly extending the program to 2,200 meters. The business reported the following main drilling results: layered Fe-Ti-V mineralisation spanning depth; continuous association between geophysical anomalies and mineralised zones; 130–200 meters of intermittent magnetite layering across strike.
Director of Saga Michael Garagan said, “What is most fascinating is the clarity of the layering sequences revealed in magnetic inversions and drill core data. Even on our first drill hole, we have been able to estimate intercepts of huge to ubiquitous magnetite strata within 10–20m accuracy. Structural interpretation, logging, and detailed sampling confirm once more that the system stays open at depth.
Now that almost 2,200 meters of drilling have been completed, work teams will finish core logging and sample tests. Based on awaiting laboratory findings, company officials feel initial surface sampling from the past two summers has demonstrated a substantial association between magnetite and titanium-vanadium content. The success of the program prepares the ground for more step-out drilling to increase the width and strike of the mineralised system.
About 25,600 hectares, the Double Mer uranium project, housed in Labrador, is the main asset of the corporation. With an eye towards the finding of titanium, vanadium, and iron ore, Saga also has secondary exploration assets in Labrador.