May. 7 at 8:36 AM
$SAGMF
$SAGA $SAGMF
Two major corporate developments in one week changed the SAGA story materially.
April 14: Definitive SPA with Catalyst Rare Metals Ltd. to acquire the Wolverine Heavy REE Project in Labrador -- 100% owned, royalty-free, ~230.5 km2. Geological context: same Flowers River Igneous Suite as Tanbreez and Strange Lake -- two of the world's most significant heavy rare earth systems. 2025 RC drilling returned 48.8m at 0.77% TREO with 24-28% HREO contribution. Peak sample at 2.03% TREO. April 16 expansion added a further 29,450 ha with assays up to 21.6% TREO.
March 26: Acquired strategic Ti assets from Rio Tinto in Quebec -- adding to an existing Li partnership with Rio Tinto already in place.
Meanwhile at Radar: R-0021 to R-0023 returned 53.18% Fe2O3, 7.08% TiO2, 0.414% V2O5. Confirmed mineralisation in 31 of 31 holes drilled.
SAGA now holds Ti, V, Fe, U, Li, and HREO -- all 100% owned in Tier-1 Canadian jurisdictions.