The latest announcement is out from Saga Metals Corp. ( (TSE:SAGA) ).
SAGA Metals Corp. announced the completion of a petrographic analysis at its Double Mer Uranium Project in Labrador, confirming the presence of uraninite within the pegmatites along an 18km trend. This analysis supports the initiation of a 1,500-2,500m drill program at the Luivik zone, which is expected to provide comprehensive data on the project’s uranium potential. The company sees the Double Mer project as a promising addition to established uranium projects in Labrador’s Central Mineral Belt, with potential for large-tonnage uranium deposits.
More about Saga Metals Corp.
SAGA Metals Corp. is a North American exploration company focused on the discovery of critical minerals. Its flagship project is the Double Mer Uranium Project located in Labrador, Canada, which spans 25,600 hectares and encompasses 1,024 claims.
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