Vancouver – November 06, 2026 -- SAGA Metals Corp. (TSXV: SAGA) has joined the Canadian Chamber of Commerce and its Critical Minerals Council, giving the exploration company a direct channel into federal policy discussions on critical minerals. The Council, established in 2022, brings together players across the value chain to develop recommendations on investment, permitting, trade and domestic supply chains.
SAGA gains access to policymakers across a six-commodity portfolio
Membership gives SAGA enhanced access to policymakers and industry peers on issues tied to its titanium, vanadium, iron, rare earth, lithium and uranium assets. CEO Mike Stier said the move gives the company a seat at the table as policy takes shape and helps it contribute to secure domestic supply chains.
Labrador infrastructure commitments frame the company's case
SAGA links the move to federal and provincial commitments in Labrador covering clean power expansion, transmission upgrades and transportation infrastructure. The company argues these could improve project economics and timelines. It cites Prime Minister Mark Carney's government and its shift toward energy security and critical minerals self-reliance. SAGA's August 27, 2026 release addressed the same Labrador investments.
The company says better power, road and port infrastructure can reduce development risk for its Labrador assets. These statements are forward-looking, and SAGA flags government policy changes among the factors that could alter outcomes.
Radar project spans 24,175 hectares with 25,651 metres drilled
The wholly owned Radar titanium-vanadium-iron project near Cartwright, Labrador, encloses the entire Dykes River intrusive complex, mapped at 160 square kilometres at surface. Drilling in the Hawkeye and Trapper zones totals 25,651 metres and has confirmed vanadiferous titanomagnetite and ilmenite mineralization.
Other assets include:
- Wolverine (Labrador): a heavy rare earth project with historic drill assays up to 2.03% total rare earth oxides, about 28% of it heavy rare earths. Roughly 5% of the prospective unit has been drilled.
- Double Mer (uranium): 25,600 hectares, with a confirmed 14 km section of an 18 km radiometric trend producing samples up to 0.428% U3O8.
- Legacy Lithium (Quebec): 73,866 hectares in the James Bay region.
No mineral resources have been estimated on any property
SAGA states that all its projects are at the exploration stage, with no current mineral resources or reserves estimated. It adds that there is no certainty further work will produce an economic deposit. The company intends to use the new relationships as it advances technical work, resource definition and stakeholder engagement. It has also released a new corporate video outlining its projects and strategy.