Saga Metals mobilizes camp ahead of 4,000-5,000 meter drilling at Wolverine heavy rare earths project in Labrador

Reuters2026/08/03 06:07

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Saga Metals mobilized crews and equipment for camp construction ahead of a 4,000-5,000 meter diamond drill program at its Wolverine heavy REE project.
Drilling is scheduled to start in mid-August 2026, shifting from RC holes to core to support geological and metallurgical work.
Work aims to advance the project toward a maiden NI 43-101 mineral resource estimate while testing continuity across the main mineralized zone.
2025 RC drilling outlined near-surface mineralization over a 1.7 km by 1.2 km area, with peak assays up to 2.03% TREO.
A renewed digital marketing agreement with Machai Capital totals CAD 400,000 over 120 days, funded from working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Saga Metals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608030200NEWSFILECNPR____20260803_307645_1) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Saga Metals mobilizes camp ahead of 4,000-5,000 meter drilling at Wolverine heavy rare earths project in Labrador

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