SAGA Metals Expands Hawkeye Zone at Radar Ti-V Project, Unveils High-Grade Mineralization
- 13-Dec-2024 3:30 AM
- Journalist: Jai Sen
SAGA Metals Corp, a North American exploration company focused on critical mineral discovery, is thrilled to announce significant advancements at its Radar Titanium-Vanadium (Ti-V) project in Labrador, Canada.
The project’s geophysical surveys have extended the potential width of the Hawkeye Zone from 500 meters to 1 kilometer. The Hawkeye Zone demonstrates significant exploration potential with a mineralized strike length extending over 4 kilometers. The zone hosts high-grade mineralization, with rock samples yielding impressive titanium and vanadium grades, ranging from 2.5% to 11.1% TiO2 and 0.2% to 0.66% V2O5. Advanced geophysical studies have clearly delineated the phases of a layered mafic intrusion, identifying multiple drill-ready targets within the zone.
High-Resolution Geophysics Pinpoints Drill Targets
SAGA Metals has successfully completed a detailed magnetic and electromagnetic (EM) survey over the northwest section of the Hawkeye Zone. This high-resolution survey, conducted on a tightly spaced grid, has effectively mapped magnetite-rich zones within the gabbro norite host rock, a key indicator of titanium and vanadium mineralization.
The magnetic survey has produced exceptional results, allowing the company to map the distinct geological phases within the Hawkeye Zone. The eastern portion of the zone is characterized by alternating silica-rich and high-grade magnetite layers, while the western portion transitions into gabbro norite rocks with disseminated magnetite.
Strong Titanium and Vanadium Anomalies
Soil and rock samples collected from the Hawkeye Zone have consistently returned impressive titanium and vanadium values. Rock samples have yielded 2.5% to 11.1% TiO2 and 0.2% to 0.66% V2O5, confirming the presence of high-grade mineralization. These results, combined with the compelling geophysical data, solidify the Hawkeye Zone as a prime drill target.
Michael Garagan, CGO & Director of SAGA Metals Corp said, "The Radar project is emerging as a textbook example of a Ti-V enriched layered mafic intrusion. The Hawkeye Zone is now drill-ready, thanks to our extensive field mapping, comprehensive sampling, consistent assay results, and detailed geophysical data. We are confident in the zone's potential and excited to move forward with drilling."
Market Maker Engagement
SAGA Metals has engaged Independent Trading Group (ITG) to provide market-making services, aiming to improve the liquidity of the Company's common shares. ITG will trade shares on the CSE/Cboe Canada/TSXV and other relevant trading venues.
About SAGA Metals Corp.
SAGA Metals Corp. is a North American exploration company focused on discovering critical minerals essential for the green energy transition. The company's portfolio includes the Double Mer Uranium Project in Labrador, Canada, and the Legacy Lithium Property in Quebec, Canada. Additionally, SAGA is actively exploring for titanium, vanadium, and iron ore in Labrador.