Saga Metals Corp., a company listed on the TSX Venture Exchange, has recently reported significant findings from its exploration activities at the Radar Critical Minerals Project in Labrador, Canada. The company, which primarily focuses on the acquisition, exploration, and development of resource properties, has been actively engaged in exploring uranium, lithium, iron ore, titanium, rare earth elements, and vanadium deposits. Saga Metals Corp. is the 100% owner of the Double Mer property, encompassing 1,024 claims over an area of 25,600 hectares in Labrador.
The company’s latest diamond-drill work at the Radar Project has yielded promising results, with three new drill holes—R-0061, R-0062, and R-0063—confirming thick intercepts of titanium-vanadium-iron mineralisation across the Trapper Zone. These results are consistent with earlier findings, showcasing grades and widths that align with previous data. The continuity of the 29 km² oxide corridor, which includes the Trapper, Falcon, and Hawkeye zones, has been highlighted by the company, emphasizing the project’s district-scale potential.
To date, Saga Metals Corp. has completed a total of 21,516 meters of drilling for the maiden Mineral Resource Estimate. Core cutting and sampling are currently underway for additional holes that will contribute to the upcoming resource model. The management team has expressed confidence in the recent intercepts, reinforcing the Radar Project’s viability as a strategic source of critical minerals for North American markets.
Founded in 2023 and headquartered in Vancouver, Canada, Saga Metals Corp. was formerly known as Saga Lithium Corp. before changing its name in January 2024. The company’s market capitalization stands at 39,264,604 CAD, with a close price of 0.49 CAD as of August 16, 2026. Despite a negative price-earnings ratio of -5.14, the company’s 52-week high reached 0.98 CAD on January 11, 2026, while the low was recorded at 0.215 CAD on September 7, 2025.
