Saga Metals Reports Additional Assay Results From Labrador Project
MT newswire2026/10/07 20:5504:55 PM EDT, 10/07/2026 (MT Newswires) -- Saga Metals (SAGA.V) after trade Wednesday reported additional assay results from six drill holes at the Trapper Zone of its radar titanium-vanadium-iron project near Cartwright in Labrador, Canada. The results relate to drill holes R-0082 through R-0087 and continue to show broad, consistent intercepts of oxide mineralization. This supports its ongoing maiden Mineral Resource Estimate (MRE) drilling program, which began in the fourth quarter of 2025. "With the assays from this program now available, the cross-sections are no longer a set of pending lines. We can now model the oxide layers, the folds and the true widths as one body for the company's maiden mineral resource estimate over the Trapper Zone," Chief Geological Officer Michael Garagan said. The company added that it expects to release the final assays from drill holes R-0088 to R-0092 within the next week. In total, 13,789 samples have been collected from the Trapper Zone. Saga Metals shares fell 6.7% to CA$0.35 on the TSX Venture Exchange.
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