Rare Earth Elements Mining News in Canada

SAGA Metals Corp.
SAGA Metals Corp.
SAGA
Rare Earth Elements
Labrador, Canada

SAGA Metals Completes Acquisition of Wolverine Heavy Rare Earth Element Project in Labrador-REE Mineralized Potential Similar to Strange Lake and Tanbreez

SAGA Metals Corp. has completed the acquisition of the Wolverine Heavy Rare Earth Element Project in Labrador, Canada. The project, which exhibits mineralization similar to the Strange Lake and Tanbreez deposits, features broad, near-surface REE mineralization with historical 2025 RC drilling confirming high-grade intercepts up to 1.53% TREO over 4.6m and peak assays of 2.03% TREO. SAGA plans a 2026 diamond drill program to advance the project towards a maiden NI 43-101 mineral resource estimate.

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