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Trapper target emerges as Saga’s top titanium-vanadium plot in Labrador

Blair McBride | January 5, 2026

Initial drilling by Saga Metals (TSXV: SAGA) at its Radar iron-titanium-vanadium project in Labrador is revealing high grades at shallow depths that show its Trapper target rivals the nearby Hawkeye zone. Shares jumped.


Highlight hole R-0009 cut 296 metres grading 39.75% iron oxide, 7.46% titanium oxide (TiO₂) and 0.25% vanadium oxide (V₂O₅) from 2.5 metres depth, including 63 metres at 44% iron oxide, 9% TiO₂ and 0.25% V₂O₅, Saga reported on Monday.
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Primary vanadium producer Largo reports higher Q1 output, plans to supply base metals, PGMs


Maracás Menchen mine, in Brazil

15th April 2026 By: Marleny Arnoldi

SX- and Nasdaq-listed vanadium and ilmenite producer Largo has achieved a 101% year-on-year increase in vanadium pentoxide ( V2O5) production to 2 616 t in the first quarter of the year.

This compares to 1 297 t of V2O5 produced in the first quarter of last year.


Total ore mined increased by 90% year-on-year to 852 046 t, while the effective ore grade was also higher at 0.48%, compared with 0.41% in the prior corresponding quarter.

Largo’s first-quarter sales totalled 2 141 t of V2O5-equivalent, which increased by 3.6% year-on-year.
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