Against this backdrop, one critical metals miner recently reported strong drill results, sparking renewed investor enthusiasm. The positive news has driven the company’s share price higher, with the stock now approaching its 52-week high.
As mentioned, shares of SAGA Metals Corp. (TSX-Venture: SAGA) (OTCQB: SAGMF) are surging as the company announced its strongest critical mineral drill results to date from the Trapper Zone at its Radar Ti-V-Fe Project in Labrador, following the first assays from the 2025 Phase 1 Mineral Resource Estimate drill program. Results were reported for the first two of eight planned drill holes, both completed from surface, confirming extensive intervals of iron, titanium, and vanadium mineralization. Hole R-0008 returned 269.36 metres averaging 36.21% Fe₂O₃, 6.57% TiO₂, and 0.244% V₂O₅, while Hole R-0009 delivered 296.47 metres averaging 39.75% Fe₂O₃, 7.46% TiO₂, and 0.25% V₂O₅, marking a significant milestone for the Trapper Zone.
Detailed sampling highlights the strength and consistency of the mineralization, with a large portion of samples exceeding key grade thresholds for both titanium and vanadium. Nearly half of the samples graded above 7% TiO₂, including multiple intervals above 10%, while more than half exceeded 0.2% V₂O₅. The highest titanium result recorded to date came from a 2-metre interval grading 13.30% TiO₂, alongside several standout intercepts such as 87.20 metres averaging 50.67% Fe₂O₃, 10.15% TiO₂, and 0.339% V₂O₅. Overall, the Trapper Zone shows a marked improvement in full-hole grades and oxide concentrations compared to earlier results from the Hawkeye area, reinforcing its potential as a high-quality critical minerals target.
Shares of SAGA are currently up 17.65% at $0.60, while U.S. listed shares (SAGMF) rally 12.53% at $0.422 in mid-morning trading.
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