Saga Metals confirmed significant iron ore potential at its Double Mer property in Labrador through a 3,500-meter drilling program that intersected high-grade magnetite mineralization. The exploration campaign, comprising 15 diamond drill holes, achieved notable intercepts including 87 meters averaging 35% total iron & 62 meters at 38% total iron. Preliminary metallurgical testing demonstrated the ore responds favorably to magnetic separation, producing concentrates grading 67-69% iron, specifications meeting blast furnace feed requirements. The discovery positions Saga's property along the same geological trend hosting major producing mines operated by Rio Tinto & Champion Iron, suggesting potential for substantial resource development pending additional drilling & economic studies.