SAGA Keeps Delivering Massive Grades + Scale and Surpassing NIA’s Highest Expectations
SAGA Metals Reports Assays from R-0024 to R-0026 with Intercepts Including
54.20% Fe₂O₃ | 7.07% TiO₂ | 0.443% V₂O₅
From 2026 Drilling at Trapper South, Radar Critical Minerals Project in Labrador
Vancouver, British Columbia — 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 additional assay results from drill holes R-0024, R-0025, and R-0026 completed in 2026 as part of its ongoing maiden Mineral Resource Estimate (“MRE”) diamond drill program at the Trapper Zone within the 100%-owned Radar Titanium-Vanadium-Iron Project near Cartwright, Labrador, Canada.
Key Intercepts — R-0024 to R-0026 (2026 MRE Program):
|
Hole R-0024 91 m @ 49.08% Fe₂O₃ | 6.23% TiO₂ | 0.390% V₂O₅ Including 44 m @ 54.20% Fe₂O₃ | 7.07% TiO₂ | 0.443% V₂O₅ |
|
Hole R-0025 81.7 m @ 41.36% Fe₂O₃ | 5.18% TiO₂ | 0.309% V₂O₅ Including 33 m @ 47.38% Fe₂O₃ | 6.01% TiO₂ | 0.384% V₂O₅ |
|
Hole R-0026 47.3 m @ 38.16% Fe₂O₃ | 4.65% TiO₂ | 0.288% V₂O₅ Including 20.5 m @ 52.39% Fe₂O₃ | 6.55% TiO₂ | 0.449% V₂O₅ |
✅ 11 MRE drill holes reported in 2026, with broad oxide intercepts exceeding 70–90 m and head grades frequently above 45–54% Fe₂O₃, 6–7% TiO₂, and 0.37–0.44% V₂O₅.
✅ 37 holes completed (R-0016 to R-0052) in 2026, with significant oxide intercepts including a true thickness of 156.89 m (R-0034) of semi-massive oxide with extensive rhythmic layering.
✅ 10,237 m completed in the Trapper Zone to date. Hole R-0053 is in progress.
✅ Rhythmic banding and semi-massive to massive oxide mineralization observed consistently, aligning with prior high-grade results from Trapper North.
✅ Excellent core recovery and representative sampling support ongoing metallurgical test work and advancement of the maiden Mineral Resource Estimate.
“We are very pleased to report yet another set of strong and consistent assay results from the fast-developing Radar Titanium-Vanadium-Iron Project near Cartwright, Labrador. Drill holes R-0024 to R-0026 have delivered broad, high-grade oxide intercepts, highlighted by 91 m grading 49.08% Fe₂O₃, 6.23% TiO₂, 0.390% V₂O₅ in R-0024, including 44 m at 54.20% Fe₂O₃, 7.07% TiO₂, and 0.443% V₂O₅. These results further confirm the impressive scale, grade continuity, and metallurgical potential of the Trapper Zone as we advance toward our maiden mineral resource estimate. Furthermore, we are all looking forward to the previously announced airborne geophysics over the entire magnetic anomaly that is set to commence this week.”
— Michael Garagan, CGO & Director, SAGA Metals Corp.
| Drill Hole | Az / Dip | Depth (m) | From (m) | To (m) | Semi-Massive (m) | Rhythmic (m) | Total Oxide (m) | True Thickness (m) |
|---|---|---|---|---|---|---|---|---|
| R-0016 | 38° / -45° | 206 | 44 | 102 | 45.84 | 12.16 | 58 | 53.93 |
| R-0017 | 38° / -70° | 161 | 50.56 | 140.64 | 87.08 | 3 | 90.08 | 73.04 |
| R-0018 | 38° / -45° | 188 | 44.7 | 156.37 | 65.04 | 46.63 | 111.67 | 70.08 |
| R-0019 | 38° / -45° | 182 | 66.55 | 133 | 37.96 | 28.49 | 66.45 | 72.75 |
| R-0020 | 38° / -45° | 206 | 50.8 | 138 | 28.5 | 58.7 | 87.2 | 66.65 |
| R-0021 | 38° / -70° | 152 | 81.28 | 127.38 | 33.53 | 12.57 | 46.1 | 24.26 |
| R-0022 | 38° / -45° | 149 | 22.51 | 118.69 | 31.58 | 59.68 | 91.26 | 85.28 |
| R-0023 | 38° / -45° | 272 | 100.48 | 239.32 | 30.61 | 76.44 | 107.05 | 67.19 |
| R-0024 | 38° / -45° | 254 | 108.87 | 219.76 | 46.76 | 62.11 | 108.87 | 68.52 |
| R-0025 | 38° / -60° | 275 | 122.96 | 253.6 | 6.92 | 118.08 | 125 | 89.60 |
| R-0026 | 38° / -60° | 302 | 108.75 | 273.65 | 16.24 | 138.55 | 154.79 | 87.38 |
| R-0027 | 38° / -45° | 217 | 79.83 | 175.33 | 34.24 | 59.86 | 94.1 | 73.89 |
| R-0028 | 38° / -60° | 227 | 105.07 | 215.93 | 22.46 | 87.1 | 109.56 | 57.38 |
| R-0029 | 38° / -45° | 214 | 65.2 | 183.97 | 13.38 | 105.39 | 118.77 | 106.17 |
| R-0030 | 38° / -60° | 211 | 83.05 | 189.18 | 25.41 | 79.55 | 104.96 | 57.82 |
| R-0031 | 38° / -45° | 215 | 63.35 | 171.6 | 2.36 | 105.89 | 108.25 | 87.17 |
| R-0032 | 38° / -60° | 263 | 53.82 | 214.74 | 18.49 | 135.95 | 154.44 | 144.98 |
| R-0033 | 38° / -45° | 251 | 67.73 | 203.46 | 23.66 | 112.43 | 136.09 | 104.81 |
| R-0034 | 38° / -60° | 233 | 48.68 | 214.14 | 66.11 | 93.54 | 159.65 | 156.89 ★ |
| R-0035 | 38° / -45° | 97 | 8.53 | 66.34 | 0 | 34.95 | 34.95 | 25.71 |
| R-0036 | 38° / -70° | 212 | 47.41 | 128 | 68 | 8.57 | 76.57 | 38.29 |
| R-0037 | 38° / -45° | 206 | 42.64 | 146 | 50.79 | 52.57 | 103.36 | 85.2 |
| R-0038 | 38° / -70° | 182 | 45.4 | 146.23 | 55.91 | 44.95 | 100.86 | 73.72 |
| R-0039 | 218° / -45° | 251 | 83.95 | 196.34 | 82.18 | 23.3 | 105.48 | 102.08 |
| R-0040 | 38° / -70° | 170 | 38.28 | 130.04 | 44.69 | 28.71 | 73.4 | 51.94 |
| R-0041 | 38° / -45° | 100 | 6.6 | 84.24 | 38.51 | 30.93 | 69.44 | 52.08 |
| R-0042 | 38° / -70° | 161 | 88.62 | 137.37 | 26.6 | 10 | 36.6 | 24.48 |
| R-0043 | 38° / -45° | 119 | 28.36 | 101.64 | 37.54 | 35.74 | 73.28 | 55.88 |
| R-0044 | 218° / -45° | 176 | 82.85 | 105.76 | 19.25 | 3.66 | 22.91 | 16.64 |
| R-0045 | 218° / -45° | 245 | 39.27 | 223.57 | 67.43 | 71.66 | 139.09 | 96.92 |
| R-0046 | 218° / -45° | 491 | Logging in-progress | |||||
| R-0047 | 218° / -45° | 302 | Logging in-progress | |||||
| R-0048 | 38° / -45° | 242 | Logging in-progress | |||||
| R-0049 | 38° / -60° | 200 | Logging in-progress | |||||
| R-0050 | 218° / -45° | 269 | Logging in-progress | |||||
| R-0051 | 38° / -60° | 311 | Logging in-progress | |||||
| R-0052 | 38° / -45° | 275 | Logging in-progress | |||||
| R-0053 | 38° / -60° | — | Drilling in-progress | |||||
| TOTAL (m) | 8,187 | |||||||
Table 1: Summary of drill holes R-0016 to R-0052, highlighting the oxide intercepts. ★ denotes record true thickness. Highlighted rows (yellow) are newly reported results. True thickness represents the perpendicular width of the mineralized zone.
Total Meters & Samples Summary
| Program | Total Meters Drilled | Total Samples |
|---|---|---|
| Trapper Zone 2025 | 2,050 | 1,313 |
| Trapper South 2026 | 8,187 | 3,597 |
| Trapper Total | 10,237 | 4,910 |
Table 2: Summary of total meters drilled in Q4 2025 and 2026 to date, including total core samples cut and prepared.
Hole R-0024 — Cross-Section S07 |
| Oxide zone begins at 108.87 m, extends to 219.76 m — total thickness 108.87 m (true thickness 68.52 m). The interval consists of intercalated rhythmic oxide layering (62.11 m) and semi-massive oxide (46.76 m). The zone is bounded by multiple magmatic contacts and offset by several faults, including a notable fault at 170.23 m and a felsic dyke at 174 m. Lower contact at 219.76 m. |
Hole R-0025 — Cross-Section S07 |
| R-0025 undercut R-0024 at 60° inclination, intersecting a 125 m thick oxide zone (true thickness 89.60 m) from 122.96 m to 253.6 m. Dominated by rhythmic oxide layering totalling 118.08 m, with 6.92 m of semi-massive oxide. Lower contact at 253.6 m is gabbronorite containing weak magnetite in foliation and shear planes. |
Hole R-0026 — Cross-Section S08 |
| R-0026, undercutting R-0023, intersects from 108.75 m to 273.63 m — total thickness 154.77 m (true thickness 87.38 m). Primarily rhythmic oxide layering totalling 138.55 m, with 16.24 m of semi-massive oxide. Sequence shows repeated transitions between rhythmic layering, semi-massive oxide, and disseminated magnetite intervals, including a 2 m pegmatite intrusion. Zone ends at a sharp contact with gabbronorite, cut by a felsic dyke at 277.42 m. |
| DDH ID | From (m) | To (m) | Length (m) | Fe₂O₃ % | TiO₂ % | V₂O₅ % |
|---|---|---|---|---|---|---|
| R-0009 | 94 | 181.2 | 87.20 | 50.67 | 10.15 | 0.339 |
| R-0008 | 170 | 237.6 | 68.26 | 46.15 | 9.21 | 0.311 |
| R-0010 | 1.5 | 137 | 135.50 | 50.03 | 7.87 | 0.352 |
| R-0017 | 73 | 140.6 | 67.64 | 55.13 | 7.37 | 0.448 |
| R-0016 | 44 | 94.6 | 50.60 | 52.05 | 7.21 | 0.375 |
| R-0021 | 96 | 127.4 | 31.40 | 53.18 | 7.08 | 0.414 |
| R-0024 | 142 | 186 | 44 | 54.20 | 7.07 | 0.443 |
| R-0015 | 73.3 | 174 | 100.70 | 38.56 | 6.80 | 0.229 |
| R-0022 | 62 | 92.6 | 30.6 | 49.40 | 6.61 | 0.373 |
| R-0019 | 66.6 | 112.3 | 45.7 | 49.51 | 6.56 | 0.374 |
Table 3: Top 10 intercepts from the 2025 & 2026 drilling programs at the Trapper Zone. Highlighted row (yellow) = newly reported result.
✅ Mineralization confirmed in 52 out of 52 drill holes — observed in two primary zones to date.
✅ Infrastructure in place: road access, deep-water port, nearby hydro-electric power, and airstrip.
✅ Confirmed 16+ km oxide layering trend stretching from the Hawkeye Zone to the Trapper Zone — demonstrating district-scale potential.
✅ Consistent semi-massive to massive oxide grades up to 72.33% Fe, 13.3% TiO₂, and 0.66% V₂O₅.
✅ Petrographic analysis confirms titanomagnetite mineralization is advantageous for simplified metallurgical processing.
✅ 10,237 m total completed to date for the MRE drill program.
About the Radar Critical Mineral Property in Labrador
The Radar Property spans 24,175 hectares and hosts the entire Dykes River intrusive complex (about 160 km²). Geological mapping, geophysics, and trenching have confirmed oxide layering across more than 20 km of strike length, with mineralization open for expansion.
Vanadiferous titanomagnetite (“VTM”) mineralization at Radar is comparable to global Fe–Ti–V systems such as Panzhihua (China), Bushveld (South Africa), and Tellnes (Norway), positioning the Project as a potential strategic future supplier of titanium, vanadium, and iron to North American markets.
Sampling Summary
Drilling is progressing efficiently, with 8,187 m completed in 2026 up to drill hole R-0052, and 10,237 m total completed for the MRE drill program. IGS Laboratories finalized analysis of 410 samples from R-0027, -0028, and -0029. An additional 710 samples from R-0030 through R-0035 have been shipped to IGS and analysis is beginning. A total of 4,910 samples have been collected to date in the Trapper Zone.
Qualified Person
Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information disclosed in this news release.
Technical Information
Diamond drill core was logged and sampled by Company personnel at SAGA’s core facility in Cartwright, Labrador. Core diameter was NQ. The core was cut lengthwise using a diamond saw, with one half retained and one half sampled. Core samples were prepared and analyzed at Impact Global Solutions (IGS) laboratory in Montréal, Québec. Certified reference standards, blanks, and duplicate samples were inserted at regular intervals as part of the QA/QC program.
SAGA Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals supporting the North American transition to supply security.
Radar Ti-V-Fe Project: 24,175 ha, entirely enclosing the Dykes River intrusive complex (160 km²) near Cartwright, Labrador. 12,446 m of drilling confirmed a large mineralized layered mafic intrusion hosting VTM and ilmenite mineralization with strong Ti and V grades.
Wolverine Heavy REE Project (Labrador): Near-surface REE system in a peralkaline caldera complex with zones spanning 26 km², drill assays up to 2.03% TREO (~28% HREO), and surface samples up to 21.6% TREO.
Double Mer Uranium Project: 25,600 ha with an 18 km E-W trend; confirmed 14 km section with samples up to 0.428% U₃O₈.
Legacy Lithium Project (Quebec): 65,849 ha in Eeyou Istchee James Bay region, sharing geological continuity with Rio Tinto, Li-FT Power, SOQUEM, and Loyal Metals.
On Behalf of the Board of Directors
Mike Stier, Chief Executive Officer
Rob Guzman — Investor Relations
Tel: +1 (844) 724-2638
Visit www.sagametals.comPast performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from SAGA of US$100,000 cash for a twelve-month marketing contract. This message is for informational and educational purposes only and does not provide investment advice.