Latest news with #SAGA
Toronto Star
a day ago
- Business
- Toronto Star
SAGA Metals Completes Strategic Infrastructure Upgrades in Preparation for Major Drill Program at the 100% Owned Radar Titanium Property in Labrador, Canada
VANCOUVER, British Columbia, July 30, 2025 (GLOBE NEWSWIRE) — SAGA Metals Corp. ('SAGA' or the 'Company') (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to announce SAGA's team has completed the 4 km access trail along the core of the Trapper zone providing necessary access for future drill programs and exploration activities. The access trail is located to run along the surface trend of extensive outcropping and sub-cropping oxide layers. In addition, a 25-tonne excavator from Gladiator drilling has opened 3 trenches across the two significant aeromagnetic anomalies of the Trapper zone, exposing a total of 504m2 (5,425ft2) of semi-massive to massive vanadiferous titanomagnetite ('VTM') mineralization. Figure 1: Radar Pro ject's Trapper Zone depicting two aeromagnetic anomalies and the trend of the inferred oxide layering. The Trapper trail will support a new diamond drilling program. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs.
Hamilton Spectator
a day ago
- Business
- Hamilton Spectator
SAGA Metals Completes Strategic Infrastructure Upgrades in Preparation for Major Drill Program at the 100% Owned Radar Titanium Property in Labrador, Canada
VANCOUVER, British Columbia, July 30, 2025 (GLOBE NEWSWIRE) — SAGA Metals Corp. ('SAGA' or the 'Company') (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to announce SAGA's team has completed the 4 km access trail along the core of the Trapper zone providing necessary access for future drill programs and exploration activities. The access trail is located to run along the surface trend of extensive outcropping and sub-cropping oxide layers. In addition, a 25-tonne excavator from Gladiator drilling has opened 3 trenches across the two significant aeromagnetic anomalies of the Trapper zone, exposing a total of 504m2 (5,425ft2) of semi-massive to massive vanadiferous titanomagnetite ('VTM') mineralization. Figure 1 : Radar Pro ject's Trapper Zone depicting two aeromagnetic anomalies and the trend of the inferred oxide layering. The Trapper trail will support a new diamond drilling program. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs. Located just 10 km from Cartwright, Labrador, the 24,175-hectare Radar Titanium Project is supported by existing infrastructure, including road access, a deep-water port, an airstrip, and nearby hydroelectric power. The property completely encompasses the Dykes River Intrusive Complex, a previously underexplored layered mafic body. With a large oxide layering thickness, a near-monomineralic Vanadiferous Titanomagnetite (VTM) composition, and extensive mineral tenures, the Radar Titanium Project shows the potential to become a globally significant VTM project. Figure 2: Radar Property map, depicting aeromagnetic anomalies, oxide layering and the site of the 2025 drill program. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is shown. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs. 2025 Summer Field Program – Road Maintenance, Trail Access, Trenching and Geophysics The 2025 summer field program marked a critical phase in advancing the exploration efficiency and cost-effectiveness of future drill programs and exploration activities in the western portion of the property, including the highly prospective Trapper zone. Key components of this program include: The first step for the team was to perform maintenance on the Cartwright Forest Service road, which had not seen regular clearing for the last few decades. This work included: Figure 3.1: Completed maintenance on the Cartwright Forest Service Road Figure 3.2: Start of the Trapper Zone Trail, viewed from the lay down along the Cartwright Forest Service Road 2. Trapper Trail Construction: The next phase of infrastructure development aimed to upgrade the pre-existing snowmobile/ATV trail into a drill rig-compatible trail, which gains access to the heart of the Trapper zone and extends past the two major anomalies. This work included: Figure 3.3: Excavator and work truck located along the Trapper Trail over the northern portion of the oxide layer trend within the Trapper zone. 3. Trapper & Hawkeye Zone Trenching: The trenches within the Trapper zone were identified as targets due to extremely high readings on the GSM-19 Magnetometer. On numerous occasions, the geophysics team had the GSM-19 Magnetometer Instruments reading well beyond the highest highs of the Hawkeye zone, which reached 74,000 nt. Upon trenching these locations, it was discovered that the presence of semi-massive to massive VTM – oxide layering outcrops were not far from the surface. A total of 504m2 (5,425ft2) was trenched across the oxide layering strike in the north and south anomalies of the Trapper zone. Work is ongoing to complete pressure washing of the outcrops, clearing away dirt and debris to better show the structure and mineralogy of these exposures. Figure 4.1: Excavator and Michael Garagan (CGO & Director of SAGA) standing on a VTM oxide layer outcrop in the northern anomaly at the Trapper zone. Figure 4.2: Semi-massive to Massive VTM oxide layer outcrop in the southern anomaly at the Trapper zone. 4. Trapper Zone Geophysics: As previously reported, SAGA mobilized two geophysical crews to complete magnetic and VLF-electromagnetic survey coverage across the north and south anomalies within the Trapper Zone. SAGA's geophysics team has continued to report strong magnetic detection levels over both anomalies, requiring recalibration of the geophysical instruments. The team is excited to report that readings have exceeded the 74,000 nT detected in the Hawkeye zone, with readings recorded as high as 115,498 nT over the northern Trapper zone anomaly and over 113,000 nT over the southern Trapper zone anomaly. In some cases, the instruments reached the maximum level of detection (120,000 nt). Figure 5: Reading off of the Magnetometer GSM-19 geophysical instrument recording 115,498 nT over the Tapper zone. SAGA's geophysics team is working to complete the remaining lines over the coming days and will be the subject of a future new release in the near term. Michael Garagan, CGO & Director of SAGA stated: 'This summer has been a critical juncture in the development of the project and preparation for efficient and cost-effective drilling in the future. We believe that with the infrastructure upgrades completed our drilling cost per meter has come down significantly, setting us on the right track to reach our goal of approximately $300-$350/m. SAGA's plans and objectives over the next 12-month are to complete a 10,000-15,000-meter drill program, setting the stage for the completion of a maiden resource calculation. A project like this, with homogenous geochemistry and large oxide layers, can move towards a resource calculation with 100 m drill spacing over the 2.5 km stretch of the entire oxide layering strike that runs continuously through the Trapper zone.' Qualified Person Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information related to the Radar Ti-V-Fe Project disclosed in this news release. About SAGA Metals Corp. SAGA Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the global transition to green energy. The Radar Titanium Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including a 2,200m drill program, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) with strong grades of titanium and vanadium. The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares featuring uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U3O8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report). Additionally, SAGA owns the Legacy Lithium Property in Quebec's Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals. With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future. On Behalf of the Board of Directors Mike Stier, Chief Executive Officer For more information, contact: Rob Guzman, Investor Relations SAGA Metals Corp. Tel: +1 (844) 724-2638 Email: rob@ Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Disclaimer This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipates', 'expects', 'believes', and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the exploration of the Company's Radar Project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company's assets, and the risks detailed in the Company's continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at . The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law. Photos accompanying this announcement are available at:
Borneo Post
15-07-2025
- Sport
- Borneo Post
SAGA XI to proceed as planned despite election uncertainty
Fairuz (centre) at the SAGA XI Team Sports Group Stage Draw at SICC on Tuesday. KOTA KINABALU (July 15): The 11th Sabah Games (SAGA), scheduled to take place in Tawau from October 11 to 17, will proceed as planned despite uncertainty over the timing of the 17th State Election. Assistant Youth and Sports Minister Datuk Fairuz Renddan gave the assurance, saying discussions would be held with Chief Minister Datuk Seri Panglima Hajiji Noor to ensure the Games run smoothly. 'We're not sure … that's up to the Chief Minister to decide when the election will be. But if it's held earlier, it won't interfere with the Games. 'God willing, there will be discussions with the Chief Minister so we can avoid any clashes,' he told reporters after officiating the SAGA XI Team Sports Group Stage Draw at the Sabah International Convention Centre (SICC) on Tuesday. Hajiji had earlier confirmed that the State Legislative Assembly sitting on July 7–8 was the final one for the current term, although he did not disclose when it would be dissolved. The assembly is set to dissolve automatically on November 11 if not done earlier. Fairuz said Tawau is ready to host over 8,000 athletes and officials for the state's premier multi-sport event. 'I believe all the teams are ready and, from the main organising committee's side, everything is already in place. We are just waiting for the date,' he said. The assistant minister also witnessed the draw for team sports including football, futsal, netball, basketball, sepak takraw, hockey, volleyball and rugby. A total of 23 sports will be contested in SAGA, involving 30 district contingents — including new additions Sook and Paitan. A total of 232 gold, 232 silver, and 339 bronze medals will be up for grabs in the biennial event. 'I would like to advise the athletes and teams to give their utmost best in SAGA, and hopefully more records will be set. 'More importantly, this is not just about the Sabah Games — we are also preparing for the next Malaysia Games (Sukma),' he added. Also present at the ceremony were Ministry Permanent Secretary Datuk Mansur Asun and Sabah Sports Council (MSN Sabah) Director Mohd Asneh Mohd Noor.
Hamilton Spectator
26-06-2025
- Business
- Hamilton Spectator
SAGA Metals Mobilizes and Commences Summer Work Programs at Recently Drilled 100% Owned Radar Titanium Property in Labrador, Canada & Provides Corporate Update
VANCOUVER, British Columbia, June 26, 2025 (GLOBE NEWSWIRE) — SAGA Metals Corp. ('SAGA' or the 'Company') (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to announce the mobilization and commencement of its 2025 summer field program at the 100% owned Radar Titanium Property (the 'Property') in Labrador, Canada. Field crews arrived on site on June 17 and have initiated ground-based geophysical surveys targeting future high-priority drill targets. Concurrently, the team is constructing an access trail along the full 20 km strike extent of the Dykes River Intrusion oxide layering zone. Mobilizing drill rigs to the Trapper Zone is a first construction priority (see Figure 1 below). The road and trail construction aims to provide direct access to both the eastern Hawkeye Zone and the western extent of the Trapper Zone. This strategic roadwork will significantly enhance logistical efficiency and exploration capacity across the entire 20 km oxide layering zone. Figure 1: Detail of the Radar Titanium Project showcasing the road network from the Hawkeye Zone to the Trapper Zone and location of SAGA's 2025 field programs. SAGA's field team is actively clearing overgrown sections of the historic forestry road to enable access for trucks and heavy equipment to the western areas of the Property. The program began with a 6-tonne excavator, while a larger 25-tonne unit is currently in transit and will be used to complete the remaining clearing work. Once operational, the 25-tonne excavator will also be deployed to construct a new access trail extending from the northwest end of the Trapper Zone, following the oxide layering zone southward before turning east toward the western anomalies within the Hawkeye Zone. This strategically designed, drill-compatible trail is a key component of SAGA's infrastructure development, enabling efficient mobilization of diamond drilling equipment to high-priority targets and supporting cost-effective execution of future drilling campaigns. Figure 2: SAGA's field team utilizes a 6-tonne excavator to clear the old forestry road that runs east-west within the Radar project Magnetic and Electromagnetic (EM) Survey over the 'Trapper Zone' As previously reported, targeted VLF-EM (Very Low Frequency electromagnetic survey) and magnetic surveys from Q4 2024 successfully defined drill targets for our maiden drill program over the Hawkeye zone. Now, our crews are targeting the Trapper zone that returned one of the highest responses in the regional airborne magnetic survey. SAGA has mobilized two geophysical crews to ensure complete survey coverage across the Trapper Zone within the next four weeks. Planned is a highly detailed magnetic and VLF-EM-survey over the northern anomaly of the Trapper zone. Due to the strength of the magnetic anomaly detected over the Trapper zone, SAGA's geological team has had to continually recalibrate the geophysics instruments. To mitigate this, the Company has mobilized an additional instrument and expanded the team with two more personnel. The survey employs a 25-meter station spacing along lines separated by 50 meters, allowing for detailed mapping of magnetic and conductive features associated with magnetite mineralization. This high-resolution approach is critical for accurately defining subsurface targets and enhancing confidence in drill planning for this promising western extension. The ultimate objective is to develop a magnetic inversion model—comparable to that successfully used at Hawkeye—to guide follow-up drilling along the broader 20-kilometre oxide layering trend. Figure 3: SAGA's field team conducting the magnetic and electromagnetic survey, including Very Low Frequency (VLF-EM) on the Radar Titanium Project Michael Garagan, CGO & Director of SAGA, comments: ' We are fortunate to have exceptional infrastructure at the Radar Titanium project. The ability to complete low-cost maintenance on the forestry road and access trail into the Trapper zone will only further enhance the cost-effectiveness of future programs, adding tremendous value to shareholders. We are excited to have two teams conducting geophysics over the Trapper zone, with interpretations expected by mid-summer. As I previously mentioned, early indications suggest the Trapper zone contains some of the strongest magnetic anomalies, and we'll be utilizing the magnetic inversions to delineate drill targets similar to the Hawkeye Zone.' Figure 4: Radar Property map, depicting aeromagnetic anomalies, oxide layering and the site of the 2025 drill program. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is shown. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs. Radar Ti-V-Fe Project Overview: The Company's 100%-owned Radar Property is located 10 km from the coastal city of Cartwright, Labrador, benefiting from tremendous infrastructure, including road access, deep-water port, airstrip and nearby hydro-electric power. The Radar Property comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface. The Dykes River intrusive complex is a recently recognized Mesoproterozoic layered mafic intrusion (Gower, 2017). It has gained attention due geological similarities to large AMCG-type intrusions and a very extensive titanium–vanadium–iron (Ti-V-Fe) rich layer. Radar Ti-V-Fe Project 2025 Winter Drill Program Highlights: (Click here to see SAGA's news release dated May 5, 2025 for full information on holes HEZ-01 & HEZ-04, here to see SAGA's news release dated May 26, 2025 for full information on holes HEZ-05 & HEZ-07 and here to see SAGA's news release dated May 29, 2025 for full information on holes HEZ-06, HEZ-02 & HEZ-03) Engaged Alphabridge Group Inc. for Equity Research Coverage The Company has engaged Alphabridge Group Inc. ('Alphabridge') to provide equity research coverage on the Company for an initial term of one year, beginning on June 25, 2025. Total consideration payable to Alphabridge is $15,000 plus GST. Alphabridge services will be provided via its principal Vasant Jain, based out of Vancouver, BC. Alphabridge and its principal are arm's length to the Company, and to the knowledge of the Company hold no securities of the Company as of the date hereof. Qualified Person Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information related to the Radar Ti-V-Fe Project disclosed in this news release. About SAGA Metals Corp. SAGA Metals Corp. is a North American mining company focused on the exploration and discovery of critical minerals that support the global transition to green energy. The Company's flagship asset, the Double Mer Uranium Project, is located in Labrador, Canada, covering 25,600 hectares. This project features uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U3O8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report). In addition to its uranium focus, SAGA owns the Legacy Lithium Property in Quebec's Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Lithium. SAGA also holds additional exploration assets in Labrador, where the company is focused on discovering titanium, vanadium, and iron ore. With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future. On Behalf of the Board of Directors Mike Stier, Chief Executive Officer For more information, contact: SAGA Metals Corp. Investor Relations Tel: +1 (778) 930-1321 Email: info@ Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Disclaimer This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipates', 'expects', 'believes', and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the exploration of the Company's Radar Project and engagement of Alphabridge for equity research coverage. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks detailed in the Company's continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at . The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law. Figures accompanying this announcement are available at:
Business Insider
12-06-2025
- Business
- Business Insider
Business Insider launches AI-Powered Audio Briefing
Business Insider has launched a new audio briefing feature, powered by AI. This dynamic tool provides AI-generated voice-over summaries of Business Insider's top stories, updated in real-time. The audio briefing feature provides not only a new way to discover Business Insider journalism but also a means to interact with the content. It builds upon and incorporates technology from the company's AI-powered on-site search launched last year, which has since driven a more than 50% increase in readers clicking through to articles from search and proven AI as a method for meaningful engagement. Harry Hope, Chief Technology Officer for Business Insider, said, "Audio adds a new dimension to our journalism that speaks directly to our core ambition of having a deeper relationship with our audience. We're in the early days of a truly transformative period of product innovation, and the possibilities for serving our readers and surfacing our journalism are just beginning to be revealed. We're all-in." In addition to top stories, the audio briefing allows readers to select topics for a deeper dive or be taken directly into the full story. Today's launch is part of an iterative approach to product development, and new features and options for personalization will be rolled out in the coming weeks. on-site search, a smart paywall, and a SAGA reACT ad targeting tool.
