Vancouver, British Columbia–(Newsfile Corp. – June 29, 2026) – SAGA Metals Corp. (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) (“SAGA” or the “Company”), a North American exploration company focused on critical mineral discoveries, is pleased to report that a second diamond drill rig has arrived on site, effectively doubling the Company’s drilling capacity to approximately 400 metres per day. The addition of the second rig represents a strategic move to accelerate the completion of the maiden Mineral Resource Estimate (“MRE”) diamond drill program at the Trapper Zone while maintaining the schedule for the release of the MRE 43-101 technical report later this year.
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Brief Summary
SAGA Metals Corp. is excited to announce the arrival of a second diamond drill rig, significantly enhancing its operational capacity. This strategic decision allows the Company to:
- Double drilling capacity to approximately 400 metres per day
- Accelerate the maiden Mineral Resource Estimate (MRE) at the Trapper Zone
- Stay on schedule for the upcoming MRE 43-101 technical report
This development underscores SAGA’s commitment to advancing its critical mineral exploration efforts in Labrador.
Why it matters: This expansion positions SAGA Metals to potentially unlock significant value for investors through enhanced resource estimation and accelerated project timelines.
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