# SAGA Metals Reports Assays from R-0030 to R-0035 with Intercepts Including 48.03% Fe2O3, 7.25% TiO2, 0.304% V2O5 from 2026 Drilling at Trapper South, Radar Critical Minerals Project in Labrador

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/saga-metals-reports-assays-from-r-0030-to-r-0035-with-intercepts-including-48-03--a2386341-3a1b-4903-9318-ae9458289026

Original source: https://money.tmx.com/en/quote/SAGA/news/7767576010680569/saga-metals-reports-assays-from-r-0030-to-r-0035-with-intercepts-including-48-03

Publisher: tmx

Original announcement: 2026-05-13T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: SAGA Metals Corp.

- Ticker: SAGA

- Exchange: TSX

- Region: Labrador, Canada

- Primary commodity: Iron ore

- Secondary commodities: Titanium, Vanadium

- Document categories: Drill results

- Extracted: 2026-08-20 23:13:36 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

SAGA Metals announced new assay results from six drill holes \(R-0030 to R-0035\) at its Trapper South project in Labrador, Canada, as part of its maiden Mineral Resource Estimate drill program. The results show broad and consistent zones of high-quality iron, titanium, and vanadium oxide mineralization, with several intercepts exceeding 100 metres in length. The company highlighted the continuity and scale of the mineralized system, with all 57 holes drilled to date intersecting oxide mineralization, and is advancing towards its maiden MRE with high confidence.

Reasoning: SAGA Metals reported new assay results from six drill holes \(R-0030 to R-0035\) at its Trapper South project, revealing broad and consistent high-grade iron, titanium, and vanadium mineralization, which significantly de-risks the ongoing maiden Mineral Resource Estimate. The results confirm the continuity and scale of the mineralized system, with all 57 holes drilled to date intersecting oxide mineralization.

- Positive factor: Broad, consistent zones of high-quality oxide mineralization

- Positive factor: Multiple core intercepts exceeding 100 metres with strong grades

- Positive factor: Mineralization confirmed in all 57 drill holes completed to date

- Positive factor: Advancing towards maiden Mineral Resource Estimate

- Positive factor: Excellent core recovery and representative sampling

- Positive factor: Petrographic analysis confirms titanomagnetite mineralization is advantageous for simplified metallurgical processing

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 4

## Classification and evidence

No classification tags are available.

## Extracted facts

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

## Drill Results (4)

### R-0030

[Link to this fact](https://atlas-staging.minestarters.com/news/saga-metals-reports-assays-from-r-0030-to-r-0035-with-intercepts-including-48-03--a2386341-3a1b-4903-9318-ae9458289026#fact-drill-facts-0)

Trapper South · fe2o3

#### Identity

- Hole ID: R-0030
- Project: Trapper South
- Commodity: fe2o3
- Region: canada
- Reported Region: Labrador, Canada
- Ticker: SAGA

#### Geometry

- Grade: 42.57
- Grade Unit: %
- Intercept: 90.95 m
- Hole Depth: 211 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: R-0030:null-null
- Mining Method: open\_pit

#### Location

- Azimuth: 38 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: IGS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-13T00:00:00.000Z

Reasoning: New assay results show high-grade and broad mineralization for Fe2O3, TiO2, and V2O5, supporting the ongoing maiden MRE.

- Positive factor: High grade

- Positive factor: Broad intercept

- Positive factor: Part of MRE drill program

- Positive factor: Consistent mineralization

Evidence · text

> 90.95 m @ 42.57% Fe₂O₃, 5.40% TiO₂, 0.303% V₂O₅

### R-0030

[Link to this fact](https://atlas-staging.minestarters.com/news/saga-metals-reports-assays-from-r-0030-to-r-0035-with-intercepts-including-48-03--a2386341-3a1b-4903-9318-ae9458289026#fact-drill-facts-1)

Trapper South · tio2

#### Identity

- Hole ID: R-0030
- Project: Trapper South
- Commodity: tio2
- Region: canada
- Reported Region: Labrador, Canada
- Ticker: SAGA

#### Geometry

- Grade: 5.4
- Grade Unit: %
- Intercept: 90.95 m
- Hole Depth: 211 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: R-0030:null-null
- Mining Method: open\_pit

#### Location

- Azimuth: 38 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: IGS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-13T00:00:00.000Z

Reasoning: New assay results show high-grade and broad mineralization for Fe2O3, TiO2, and V2O5, supporting the ongoing maiden MRE.

- Positive factor: High grade

- Positive factor: Broad intercept

- Positive factor: Part of MRE drill program

- Positive factor: Consistent mineralization

Evidence · text

> 90.95 m @ 42.57% Fe₂O₃, 5.40% TiO₂, 0.303% V₂O₅

### R-0030

[Link to this fact](https://atlas-staging.minestarters.com/news/saga-metals-reports-assays-from-r-0030-to-r-0035-with-intercepts-including-48-03--a2386341-3a1b-4903-9318-ae9458289026#fact-drill-facts-2)

Trapper South · v2o5

#### Identity

- Hole ID: R-0030
- Project: Trapper South
- Commodity: v2o5
- Region: canada
- Reported Region: Labrador, Canada
- Ticker: SAGA

#### Geometry

- Grade: 0.303
- Grade Unit: %
- Intercept: 90.95 m
- Hole Depth: 211 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: R-0030:null-null
- Mining Method: open\_pit

#### Location

- Azimuth: 38 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: IGS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-13T00:00:00.000Z

Reasoning: New assay results show high-grade and broad mineralization for Fe2O3, TiO2, and V2O5, supporting the ongoing maiden MRE.

- Positive factor: High grade

- Positive factor: Broad intercept

- Positive factor: Part of MRE drill program

- Positive factor: Consistent mineralization

Evidence · text

> 90.95 m @ 42.57% Fe₂O₃, 5.40% TiO₂, 0.303% V₂O₅

### R-0030

[Link to this fact](https://atlas-staging.minestarters.com/news/saga-metals-reports-assays-from-r-0030-to-r-0035-with-intercepts-including-48-03--a2386341-3a1b-4903-9318-ae9458289026#fact-drill-facts-3)

Trapper South · fe2o3

#### Identity

- Hole ID: R-0030
- Project: Trapper South
- Commodity: fe2o3
- Region: canada
- Reported Region: Labrador, Canada
- Ticker: SAGA

#### Geometry

- Grade: 50.81
- Grade Unit: %
- Intercept: 18.7 m
- Hole Depth: 211 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Group ID: R-0030:null-null
- Mining Method: open\_pit

#### Location

- Azimuth: 38 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: IGS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-13T00:00:00.000Z

Reasoning: New assay results show high-grade and broad mineralization for Fe2O3, TiO2, and V2O5, supporting the ongoing maiden MRE.

- Positive factor: High grade

- Positive factor: Broad intercept

- Positive factor: Part of MRE drill program

- Positive factor: Consistent mineralization

Evidence · text

> 18.7 m @ 50.81% Fe₂O₃, 6.56% TiO₂, 0.398% V₂O₅

## 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.