Iron Bear Resources has completed a pre-feasibility study for its flagship magnetite project in Canada's Labrador Trough, reporting a 3.3Bt reserve at 29.1% Fe. The PFS indicates a post-tax unleveraged NPV8 of US$9 billion and an IRR of over 15%, with plans to publish an optimized version in November.
SAGA Metals Corp. announced new assay results from its maiden Mineral Resource Estimate drill program at the Trapper Zone within the Radar Critical Minerals Project in Labrador, Canada. Key intercepts include 470.0 m at 36.72% Fe2O3, 5.40% TiO2, and 0.245% V2O5 in hole R-0072, with sub-intervals showing even higher grades. These broad, high-grade results for critical minerals iron, titanium, and vanadium confirm significant continuity and are expected to support a robust maiden MRE.
SAGA Metals Corp. reported new assay results from eight diamond drill holes (R-0064 to R-0071) at its Radar Critical Minerals Project in Labrador, Canada, as part of an ongoing maiden Mineral Resource Estimate program. The results show consistent broad intercepts of high-grade iron, titanium, and vanadium, including up to 52.52% Fe2O3, 7.58% TiO2, and 0.428% V2O5 over 23.3 meters in hole R-0066. These new assays, combined with previously reported results, continue to define a large, consistent oxide system, supporting the potential for a sizable mineral resource.
SAGA Metals Corp. has completed its maiden Mineral Resource Estimate (MRE) drill program at the Trapper Zone of its Radar Critical Minerals Project in Labrador, Canada. The program, the largest in the company's history, involved over 22,000 metres of drilling, with all holes intersecting oxide mineralization containing significant iron, titanium, and vanadium. The company has engaged GeoGlobal LLC to complete the independent NI 43-101 MRE, with assay results for remaining samples expected by mid-September.
SAGA Metals Corp. reported assay results from three new drill holes (R-0061 to R-0063) at its Radar Critical Minerals Project in Labrador, Canada, as part of its maiden Mineral Resource Estimate program. While the holes intersected broad zones of oxide mineralization, including a 163-meter intercept in R-0061, the grades for iron, titanium, and vanadium were generally below the project's historical averages. The company also provided a summary of previously reported drill results from R-0008 to R-0060, highlighting consistent mineralization and progress towards the MRE.
SAGA Metals reports new assay results from three drill holes (R-0058, R-0059, R-0060) at its Radar Critical Minerals Project in Labrador, Canada. The drilling, part of a maiden Mineral Resource Estimate program, returned broad intercepts of iron, titanium, and vanadium oxide mineralization, confirming geological continuity. The company also announced an appointment to its advisory board.
SAGA Metals Corp. announced additional assay results from five drill holes (R-0050 to R-0054) at its Trapper South project in Labrador, Canada, part of an ongoing maiden Mineral Resource Estimate drill program. The results include broad, high-grade intercepts of iron, titanium, and vanadium, with highlights such as 31.9 m at 53.07% Fe2O3, 7.68% TiO2, and 0.384% V2O5 in hole R-0051. The company noted consistent thickness and grade continuity, reinforcing confidence in the project's potential for a sizable mineral resource.
SAGA Metals announced new assay results from three drill holes (R-0047 to R-0049) at its Trapper South project in Labrador, Canada, part of an ongoing maiden Mineral Resource Estimate program. The results include broad, high-grade intercepts of iron (Fe2O3), titanium (TiO2), and vanadium (V2O5), with a highlight of 16.3 m at 53.72% Fe2O3, 7.29% TiO2, and 0.431% V2O5 in hole R-0048. These new assays, combined with previously reported results from 39 holes, demonstrate consistent mineralization and continuity across the drill grid, strengthening confidence in the project's scale and quality.
SAGA Metals Corp. has deployed a second drill rig at its Radar Critical Minerals Project in Labrador, doubling its drilling capacity to accelerate the completion of its maiden Mineral Resource Estimate program. The company has completed 13,149 meters across 64 holes, with logging complete up to R-0061. Initial assay results from 39 holes show consistent broad intercepts of iron, titanium, and vanadium oxide mineralization, with true thicknesses reported.
SAGA Metals Corp. announced new assay results from three drill holes (R-0044 to R-0046) at its Trapper South Zone, part of the Radar Critical Minerals Project in Labrador, Canada. The drilling, aimed at a maiden Mineral Resource Estimate, returned broad intercepts of iron, titanium, and vanadium, including 54.0 m at 58.33% Fe2O3, 8.78% TiO2, and 0.415% V2O5 in hole R-0046. The company also re-reported results from 36 previously announced drill holes, highlighting consistent mineralization and continuity across the oxide system.
