11:22 AM EST, 11/25/2025 (MT Newswires) -- Saga Metals ( SAGMF ) up 5.2% on last look, said Tuesday it has completed the first three holes of the mineral resource estimate drill program on the Trapper Zone at its Radar project in Labrador.
The first hole, R-0008, delivered 156 metres of continuous gabbronorite with semi-massive to massive oxide, while R-0009 confirmed the same unit and extended it by another 165 metres with increasing oxide content.
The company is preparing for the Phase 1 Trapper Zone drill campaign which will target grade continuity across a 3-km strike length. Drilling will be complemented by metallurgical sampling through the winter.
Saga Metal shares are up $0.03, to $0.61, on the TSX Venture Exchange.
Price: 0.61, Change: +0.03, Percent Change: +5.17