SAGA Metals Corp. reports promising results from its Radar Project in Labrador, Canada, showing geological similarities to Panzhihua, a leading VTM operation in China. The Radar Project displays potential for significant VTM production, with clean mineralogy and high vanadium content similar to Panzhihua.

The Radar Property in Labrador, encompassing the Dykes River Intrusive Complex, is strategically located near existing infrastructure. The property is part of the Grenville Province known for hosting titanium-vanadium-iron oxide massifs like Lac Tio in Quebec and Tellnes in Norway, suggesting strong mineral potential.

Recent drilling at the Hawkeye zone of the Radar Project has identified a Lower Cumulate Layer with high-grade VTM mineralization. The layer, similar to Panzhihua’s main VTM zones, features thick VTM-rich layers within the layered gabbronorite, showing potential for significant VTM concentrate.

Initial drilling results at the Hawkeye zone show intersections of VTM-bearing cumulates with high-grade intervals, including peak intervals exceeding 10 meters of 41.3% VTM. The lower stratigraphy contains higher vanadium concentrations, indicating potential for clean VTM concentrate with high recovery rates.

SAGA Metals plans to expand drilling and conduct metallurgical testing at the Radar Project to further delineate the high-grade VTM mineralization. With its potential to compete globally, the company aims to establish Radar as a significant North American VTM discovery, vital for energy storage metal supplies.

The exploration at the Radar Project is guided by the potential for clean VTM concentrate production, similar to Panzhihua’s strategy. The Company’s goal is to become a key player in domestic titanium, vanadium, and pig iron production, contributing to the green energy transition in North America.

Read more at GlobeNewswire: SAGA Metals Showcases Radar Project as Potentially