# SAGA Metals Highlights Radar Project's VTM Enriched Magnetic Concentrate up to 0.9% V2O5 Relative to Panzhihua, China Benchmark of 0.3% V2O5

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0--e04997f4-81cc-4860-bec1-77527066e59c

Original source: https://money.tmx.com/en/quote/SAGA/news/7124953255933440/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0

Publisher: tmx

Original announcement: 2026-06-18T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: SAGA Metals Corp.

- Ticker: SAGA

- Exchange: TSX

- Region: Labrador

- Primary commodity: Vanadium

- Secondary commodities: Titanium, Iron ore

- Document categories: Metallurgy

- Extracted: 2026-09-12 22:42:55 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

SAGA Metals has released preliminary Davis Tube Analysis \(DTA\) results from the Hawkeye zone of its Radar Project, showing vanadium pentoxide \(V2O5\) enrichment in magnetic concentrates up to 0.9%. The results also indicate that a large portion of titanium reports to the non-magnetic fraction, potentially allowing for separate iron-vanadium and titanium-rich streams.

Reasoning: Preliminary DTA results show significant vanadium enrichment and favorable titanium deportment, suggesting a potentially cleaner processing route than the Panzhihua benchmark.

- Positive factor: Strong vanadium upgrading in magnetic concentrate \(up to 0.9% V2O5\)

- Positive factor: High titanium deportment to non-magnetic fraction \(86-92%\)

- Positive factor: Potential for two separate value streams \(Fe-V and Ti-rich ilmenite\)

- Negative factor: Results are preliminary bench-scale DTA tests

- Negative factor: Requires confirmation across representative samples from Hawkeye and Trapper zones

- Negative factor: Downstream metallurgical testing required to confirm repeatability

Facts used in scoring: 3

## Classification and evidence

**Bench Scale Only**

Polarity: negative

Definition: Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The results are described as preliminary Davis Tube Analysis \(DTA\) bench-scale tests.

Evidence · text

> These results are preliminary and require confirmation across representative samples

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("concentrate"\)

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route \("Falcon"\)

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Metallurgical Results (3)

### Davis Tube Analysis

[Link to this fact](https://atlas-extractions.minestarters.com/news/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0--e04997f4-81cc-4860-bec1-77527066e59c#fact-metallurgical-facts-0)

Radar Project · vanadium

#### Identity

- Project: Radar Project
- Commodity: vanadium
- Region: labrador
- Reported Region: Labrador
- Ticker: SAGA

#### Test Work

- Program Status: preliminary
- Test Type: Davis Tube Analysis
- Processing Route: Davis Tube Analysis \(DTA\)
- Sample: Hawkeye zone preliminary Davis Tube Analysis \(DTA\) magnetic concentrate batch average

#### Recovery

- Head Grade: 0.8
- Head Grade Unit: % V2O5

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-18T00:00:00.000Z

Reasoning: 0.80% V2O5 is significantly higher than the 0.3% Panzhihua benchmark.

- Positive factor: Strong upgrading relative to Panzhihua benchmark

- Negative factor: Preliminary bench-scale results

Evidence · text

> magnetic concentrates averaging approximately 0.80% V2O5

### Davis Tube Analysis

[Link to this fact](https://atlas-extractions.minestarters.com/news/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0--e04997f4-81cc-4860-bec1-77527066e59c#fact-metallurgical-facts-1)

Radar Project · vanadium

#### Identity

- Project: Radar Project
- Commodity: vanadium
- Region: labrador
- Reported Region: Labrador
- Ticker: SAGA

#### Test Work

- Program Status: preliminary
- Test Type: Davis Tube Analysis
- Processing Route: Davis Tube Analysis \(DTA\)
- Sample: Hawkeye zone preliminary Davis Tube Analysis \(DTA\) magnetic concentrate substantial subset

#### Recovery

- Head Grade: 0.85
- Head Grade Unit: % V2O5

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-18T00:00:00.000Z

Reasoning: Subset grades of 0.81-0.90% V2O5 represent high-quality concentrate potential.

- Positive factor: High-grade subset shows strong enrichment

Evidence · text

> substantial subset grading approximately 0.81-0.90% V2O5

### Davis Tube Analysis

[Link to this fact](https://atlas-extractions.minestarters.com/news/saga-metals-highlights-radar-project-s-vtm-enriched-magnetic-concentrate-up-to-0--e04997f4-81cc-4860-bec1-77527066e59c#fact-metallurgical-facts-2)

Radar Project · vanadium

#### Identity

- Project: Radar Project
- Commodity: vanadium
- Region: labrador
- Reported Region: Labrador
- Ticker: SAGA

#### Test Work

- Program Status: preliminary
- Test Type: Davis Tube Analysis
- Processing Route: Davis Tube Analysis \(DTA\)
- Sample: Hawkeye zone higher-quality subset magnetic concentrate

#### Recovery

- Recovery: 77 %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-18T00:00:00.000Z

Reasoning: Recoveries of 73-81% are encouraging for preliminary bench-scale work.

- Positive factor: Encouraging recovery rates

Evidence · text

> V2O5 recoveries for the magnetic concentrate typically range from 73% to 81%

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
