SAGA Metals Completes Acquisition of Wolverine Heavy Rare Earth Element Project in Labrador-REE Mineralized Potential Similar to Strange Lake and Tanbreez
SAGA Metals Corp. has completed the acquisition of the Wolverine Heavy Rare Earth Element Project in Labrador, Canada, which is noted for its REE mineralized potential similar to the Strange Lake and Tanbreez deposits. The company reported positive 2025 reverse circulation drill results, confirming broad, near-surface REE mineralization across a significant area with high heavy rare earth oxide contributions. SAGA plans a 4,000-5,000m diamond drill program in August 2026 to advance the project towards a maiden NI 43-101 mineral resource estimate.