# SAGA Metals Highlights Radar Project's VTM Enriched Magnetic Concentrate up to 0.9% V2O5 Relative to Panzhihua, China Benchmark of 0.3% V2O5

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0--874fcf83-c64c-4eeb-a79c-4af692ef8384

Original source: https://money.tmx.com/en/quote/SAGA/news/7124953255933440/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0

Publisher: tmx

Original announcement: 2026-06-18T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: SAGA Metals Corp.

- Ticker: SAGA

- Exchange: TSX

- Region: Labrador

- Primary commodity: Vanadium

- Secondary commodities: Titanium, Iron ore

- Document categories: Metallurgy

- Extracted: 2026-08-20 21:42:56 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

SAGA Metals has released preliminary Davis Tube Analysis \(DTA\) results from the Hawkeye zone of its Radar Project, showing vanadium pentoxide \(V2O5\) enrichment in magnetic concentrates up to 0.90%. The results suggest a potentially cleaner Fe-V processing route because a large portion of the TiO2 reports to the non-magnetic fraction.

Reasoning: The announcement reports significant vanadium upgrading in magnetic concentrates and favorable titanium deportment, which could simplify downstream processing compared to global benchmarks.

- Positive factor: High vanadium enrichment in magnetic concentrate \(0.80% V2O5\) compared to benchmark \(0.3%\)

- Positive factor: Favorable TiO2 deportment to non-magnetic fraction \(86-92%\)

- Positive factor: Potential for two separate value streams \(Fe-V and Ti-rich ilmenite\)

- Negative factor: Results are preliminary bench-scale DTA tests

- Negative factor: Requires confirmation across representative samples

Facts used in scoring: 4

## Classification and evidence

**Bench Scale Only**

Polarity: negative

Definition: Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The results are described as preliminary Davis Tube Analysis \(DTA\) bench-scale tests.

Evidence · text

> These results are preliminary and require confirmation across representative samples

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The company is evaluating downstream processing routes including smelting and roast-leach.

Evidence · text

> evaluate downstream processing routes for both the Fe-V magnetic stream and the Ti-rich non-magnetic stream

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Metallurgical Results (4)

### gravity

[Link to this fact](https://atlas-staging.minestarters.com/news/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0--874fcf83-c64c-4eeb-a79c-4af692ef8384#fact-metallurgical-facts-0)

vanadium

#### Identity

- Commodity: vanadium
- Ticker: SAGA

#### Test Work

- Program Status: preliminary
- Test Type: gravity
- Processing Route: Davis Tube Analysis \(DTA\)
- Sample: Hawkeye DTA magnetic concentrate batch average

#### Recovery

- Recovery Basis: actual\_test
- Head Grade: 0.8
- Head Grade Unit: % V2O5

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-18T00:00:00.000Z

Reasoning: Strong vanadium enrichment in the magnetic concentrate.

- Positive factor: Grade \(0.80%\) is significantly higher than the Panzhihua benchmark \(0.3%\)

Evidence · text

> magnetic concentrates averaging approximately 0.80% V2O5

### gravity

[Link to this fact](https://atlas-staging.minestarters.com/news/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0--874fcf83-c64c-4eeb-a79c-4af692ef8384#fact-metallurgical-facts-1)

vanadium

#### Identity

- Commodity: vanadium
- Ticker: SAGA

#### Test Work

- Program Status: preliminary
- Test Type: gravity
- Processing Route: Davis Tube Analysis \(DTA\)
- Sample: Hawkeye DTA magnetic concentrate substantial subset

#### Recovery

- Recovery Basis: actual\_test
- Head Grade: 0.85
- Head Grade Unit: % V2O5

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-18T00:00:00.000Z

Reasoning: High-grade subset of the magnetic concentrate.

- Positive factor: High-grade subset reported

Evidence · text

> substantial subset grading approximately 0.81-0.90% V2O5

### gravity

[Link to this fact](https://atlas-staging.minestarters.com/news/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0--874fcf83-c64c-4eeb-a79c-4af692ef8384#fact-metallurgical-facts-2)

vanadium

#### Identity

- Commodity: vanadium
- Ticker: SAGA

#### Test Work

- Program Status: preliminary
- Test Type: gravity
- Processing Route: Davis Tube Analysis \(DTA\)
- Sample: Hawkeye DTA magnetic concentrate \(higher-quality subset\)

#### Recovery

- Recovery: 77 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-18T00:00:00.000Z

Reasoning: Reported vanadium recovery to the magnetic fraction.

- Positive factor: Recovery range \(73-81%\) is encouraging for this stage

Evidence · text

> V2O5 recoveries for the magnetic concentrate typically range from 73% to 81%

### gravity

[Link to this fact](https://atlas-staging.minestarters.com/news/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0--874fcf83-c64c-4eeb-a79c-4af692ef8384#fact-metallurgical-facts-3)

titanium

#### Identity

- Commodity: titanium
- Ticker: SAGA

#### Test Work

- Program Status: preliminary
- Test Type: gravity
- Processing Route: Davis Tube Analysis \(DTA\)
- Sample: Hawkeye DTA non-magnetic fraction

#### Recovery

- Recovery: 90 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-18T00:00:00.000Z

Reasoning: Significant titanium reporting to the non-magnetic fraction.

- Positive factor: High TiO2 deportment to non-magnetic fraction \(86-92%\) creates a potential ilmenite stream

Evidence · text

> non-magnetic fraction commonly contains approximately 86-92% of the head TiO2

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
