01:42 PM EDT, 03/25/2025 (MT Newswires) -- Saga Metals ( SAGMF ) on Tuesday said it has added 180 claims spanning 4,500-hectares, increasing the total size of the Radar Titanium-Vanadium (Ti-V) project to 21,750-hectares.
The company said the addition now includes the 20-kilometer inferred oxide zone starting from the 2025 Hawkeye drill program area heading west towards the new claim boundary.
The Radar Ti-V Property is located 10km south of Cartwright in Labrador. Saga's 2025 maiden drill program aimed to test the core of the magnetic anomaly identified at the Hawkeye Zone. Initially planned for 1,500 meters, the program was expanded to 2,200 meters after early drilling revealed strong intercepts through the primary layering sequences, the statement noted.
"These additional claims were strategic in an effort to ensure we've secured the full extent of mineralization," said Michael Garagan, chief geological officer. "The team will look to apply magnetic geophysical continuity over the entire 'inferred layering zone of the Dykes River' intrusion. The recently completed drill program over the prospective Hawkeye zone is our proof of concept to a much larger system."
The company's shares were last seen up $0.01 to $0.26 on the TSX Venture Exchange.
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