{"id":9116,"date":"2026-06-24T08:21:26","date_gmt":"2026-06-24T12:21:26","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=9116"},"modified":"2026-06-24T08:21:27","modified_gmt":"2026-06-24T12:21:27","slug":"saga-expands-james-bay-lithium-project-as-lithium-prices-surge","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/announcement\/saga-expands-james-bay-lithium-project-as-lithium-prices-surge\/","title":{"rendered":"SAGA Expands James Bay Lithium Project as Lithium Prices Surge"},"content":{"rendered":"\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 1.6; color: #333333; max-width: 700px; margin: 0 auto;\">\n\n  <h1 style=\"font-size: 24px; color: #1a3c6e; text-align: center; margin-bottom: 5px;\">\n    Saga Metals Consolidates Legacy Lithium Project and Expands Large Contiguous Lithium-Focused Land Package in Eastern James Bay, Quebec Amid <span style=\"color: #c0392b;\">Spodumene Price Rally<\/span>\n  <\/h1>\n\n  <p style=\"text-align: center; color: #777777; font-style: italic; margin-bottom: 25px;\">\n    June 24, 2026 7:30 AM EDT\n  <\/p>\n\n  <p>\n    <strong>Vancouver, British Columbia<\/strong> &#8211; <strong style=\"color: #1a3c6e;\">SAGA Metals Corp.<\/strong> (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) (&#8220;SAGA&#8221; or the &#8220;Company&#8221;), a North American exploration company focused on <strong style=\"color: #16793f;\">critical mineral discoveries<\/strong>, is pleased to announce the formal consolidation of its <strong>Legacy<\/strong> and <strong>Amirault Lithium<\/strong> projects into a single, expanded <strong style=\"color: #1a3c6e;\">Legacy Lithium Project<\/strong> in the prolific <strong>Eeyou Istchee James Bay<\/strong> region of Quebec. The Company has completed a targeted work program on the southern portion of the project (formerly Amirault), returning encouraging field observations that reinforce the presence of <strong style=\"color: #c0392b;\">lithium-cesium-tantalum (&#8220;LCT&#8221;) pegmatite signatures<\/strong> across the property.\n  <\/p>\n\n  <p>\n    In addition, Saga has completed strategic staking of prospective metasedimentary rocks and known pegmatite occurrences in the area, increasing the total land package of the consolidated Legacy Lithium Project to <strong style=\"color: #16793f;\">72,107.64 hectares (178,181.77 acres)<\/strong> from an original 65,849 hectares.\n  <\/p>\n\n  <blockquote style=\"border-left: 4px solid #1a3c6e; background-color: #f4f7fb; margin: 20px 0; padding: 15px 20px; font-style: italic; color: #2c3e50;\">\n    &#8220;The consolidation of Legacy and Amirault into one cohesive project, combined with the <strong>strong LCT mineralogical indicators<\/strong> we continue to see, significantly enhances our exploration thesis in one of the most exciting and active lithium districts in North America,&#8221; said <strong>Michael Garagan, CGO of Saga Metals.<\/strong> &#8220;The consistency of key indicator minerals such as <strong>muscovite, garnet, and apatite<\/strong> in pegmatite samples across both the northern and southern portions of the project is highly encouraging and supports the potential for a <strong style=\"color: #c0392b;\">district-scale LCT system<\/strong>.&#8221;\n  <\/blockquote>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">Highlights<\/h2>\n\n  <ul style=\"padding-left: 20px;\">\n    <li style=\"margin-bottom: 12px;\"><strong style=\"color: #16793f;\">District-scale lithium-focused land package:<\/strong> SAGA has consolidated the Legacy and Amirault projects into one expanded Legacy Project totaling <strong>72,107.64 hectares<\/strong> in Quebec&#8217;s Eeyou Istchee James Bay region, one of North America&#8217;s most active hard-rock lithium exploration districts.<\/li>\n    <li style=\"margin-bottom: 12px;\"><strong style=\"color: #16793f;\">LCT pegmatite indicators extended across the project:<\/strong> Recent field work on the southern portion of Legacy (formerly Amirault) identified pegmatite samples containing <strong>muscovite, garnet, and apatite<\/strong>, consistent with LCT indicator mineralogy observed elsewhere on the project. SAGA is awaiting grab sample assays from recent field work and will incorporate the results into its exploration model as it advances planning for future exploration programs.<\/li>\n    <li style=\"margin-bottom: 12px;\"><strong style=\"color: #16793f;\">Rio Tinto field work strengthens the technical dataset:<\/strong> Over the past two field seasons, while the northern Legacy claims were under joint venture with <strong>Rio Tinto Exploration Canada Inc.<\/strong>, a 342 km\u00b2 helicopter-borne aeromagnetic survey was completed, generating <strong>7,132 line-kilometres<\/strong> of high-quality geophysical data.<\/li>\n    <li style=\"margin-bottom: 12px;\"><strong style=\"color: #16793f;\">Enhanced exploration targeting:<\/strong> The aeromagnetic survey identified numerous magnetic highs and lows that warrant further investigation for potential LCT pegmatite mineralization.<\/li>\n    <li style=\"margin-bottom: 12px;\"><strong style=\"color: #16793f;\">Regional consolidation activity supports SAGA&#8217;s strategy:<\/strong> The recently completed <strong>Li-FT Power \/ Winsome Resources<\/strong> transaction highlights the increasing attractiveness of the James Bay region. <strong>Adina<\/strong> is considered one of the largest hard-rock lithium resources in Canada and among the top five hard rock lithium resources in North America.<\/li>\n    <li style=\"margin-bottom: 12px;\"><strong style=\"color: #16793f;\">Improving lithium market backdrop:<\/strong> The <strong style=\"color: #c0392b;\">2026 recovery in spodumene concentrate prices<\/strong> has improved the outlook across the lithium sector and provides a more constructive market environment for exploration-stage lithium assets.<\/li>\n  <\/ul>\n\n  <div style=\"text-align: center; margin: 30px 0;\">\n    <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium1.jpg\" target=\"_blank\">\n      <img decoding=\"async\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium1.jpg\" alt=\"Lithium Neighborhood Map\" style=\"max-width: 100%; height: auto; border: 1px solid #cccccc;\" \/>\n    <\/a>\n    <p style=\"font-size: 13px; color: #777777; font-style: italic; margin-top: 8px;\">\n      Figure 1: A map of the &#8220;Lithium Neighborhood&#8221; at the consolidated Legacy Lithium Project in Eastern James Bay, Quebec.<br\/>\n      To view the full image, please visit: <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium1.jpg\" target=\"_blank\" style=\"color: #1a3c6e;\">View Full Image<\/a>\n    <\/p>\n  <\/div>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">Regional Consolidation Activity of the Adina Lithium Project<\/h2>\n\n  <p>\n    The <strong>Eeyou Istchee James Bay<\/strong> region of Quebec continues to attract significant corporate and investor interest as one of North America&#8217;s <strong style=\"color: #16793f;\">premier hard-rock lithium districts<\/strong>. Recent months have seen accelerated consolidation among lithium explorers and developers, driven by the need for scale, contiguous land packages, and access to high-quality pegmatite systems capable of supporting large-scale development.\n  <\/p>\n\n  <p>\n    Most notably, <strong>Li-FT Power Ltd.<\/strong> completed its acquisition of <strong>Winsome Resources Limited<\/strong> on <strong>May 21, 2026<\/strong>. The transaction, first announced on December 15, 2025, was executed via Australian schemes of arrangement and saw Li-FT acquire <strong>100% of Winsome&#8217;s issued securities<\/strong>.\n  <\/p>\n\n  <p>\n    The deal adds Winsome&#8217;s flagship <strong style=\"color: #1a3c6e;\">Adina Lithium Project<\/strong>, a tier-one asset located in the heart of the James Bay region, to Li-FT&#8217;s portfolio. Concurrent with the acquisition, Li-FT consolidated its ownership of the adjacent <strong>Galin\u00e9e property<\/strong> (now 75% Li-FT \/ 25% SOQUEM), creating a single, large contiguous land package that encompasses the Adina pegmatite swarm and its interpreted extensions to the east.\n  <\/p>\n\n  <p>\n    This consolidation is widely viewed as a strategic move to unlock the full potential of the Adina system, which hosts a substantial hard-rock lithium resource. Industry commentary has highlighted the potential for the combined Adina-Galin\u00e9e package to support an <strong style=\"color: #c0392b;\">80-100+ million tonne resource base<\/strong>, significantly enhancing development optionality in a district where scale and contiguity are increasingly valued by investors and potential offtakes.\n  <\/p>\n\n  <p>\n    The Li-FT \/ Winsome transaction is part of a broader wave of consolidation across the James Bay lithium belt. Major and mid-tier companies have been actively acquiring, joint-venturing, or consolidating claims to secure high-quality pegmatite corridors, reduce land fragmentation, and position themselves for future development or partnership opportunities. This activity reflects strong underlying fundamentals for lithium demand particularly from <strong>electric vehicles, energy storage, and strategic sectors<\/strong> and underscores the region&#8217;s emergence as a globally significant lithium province outside of traditional supply sources.\n  <\/p>\n\n  <p>\n    Saga believes the ongoing consolidation trend <strong style=\"color: #16793f;\">validates its strategy<\/strong> of building a large, contiguous land package at Legacy and positions the Company well for potential future partnerships or transactions as the district matures.\n  <\/p>\n\n  <h2 style=\"font-size: 20px; color: #c0392b; border-bottom: 2px solid #c0392b; padding-bottom: 6px;\">2026 Spodumene Pricing Rally<\/h2>\n\n  <p>\n    <strong>Spodumene concentrate (6% Li2O CIF China)<\/strong> prices have staged a <strong style=\"color: #c0392b;\">powerful recovery in 2026<\/strong>, rising sharply from levels around <strong>$1,560-1,590 per tonne<\/strong> in early January to <strong>$2,190-2,260 per tonne<\/strong> by mid-January. The upward momentum continued through the first half of the year, with prices climbing above $2,300 per tonne by late January and reaching <strong>$2,430-2,500 per tonne<\/strong> by late February, driven by tightening supply expectations, improving downstream demand in China, and bullish market sentiment. By late May 2026, prices had stabilized in the <strong style=\"color: #16793f;\">$2,500-2,600 per tonne range<\/strong> (averaging around $2,550\/t), marking the <strong>strongest levels seen in over two years<\/strong> and representing a substantial rebound from the multi-year lows of 2024-2025.\n  <\/p>\n\n  <p>\n    While prices have experienced some modest pullback in recent weeks amid fluctuating lithium chemical values, the overall 2026 run has been one of the <strong>most significant recoveries in the lithium sector<\/strong>. This surge has been supported by factors such as production constraints in key regions and renewed optimism around long-term demand growth.\n  <\/p>\n\n  <div style=\"text-align: center; margin: 30px 0;\">\n    <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium2.jpg\" target=\"_blank\">\n      <img decoding=\"async\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium2.jpg\" alt=\"Legacy Property Map\" style=\"max-width: 100%; height: auto; border: 1px solid #cccccc;\" \/>\n    <\/a>\n    <p style=\"font-size: 13px; color: #777777; font-style: italic; margin-top: 8px;\">\n      Figure 2: Legacy Property map showing the distribution of rock samples, lithology, and lithium (Li) anomalies from 2023-2025 field programs.<br\/>\n      To view the full image, please visit: <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium2.jpg\" target=\"_blank\" style=\"color: #1a3c6e;\">View Full Image<\/a>\n    <\/p>\n  <\/div>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">SAGA Completes 2026 Field Activities on the Southern Block (Formerly Amirault)<\/h2>\n\n  <p>\n    Saga recently completed a focused claims maintenance and prospecting program on the southern claims of the Legacy Project. The program was carried out by a four-person field crew over four days and resulted in the collection of <strong>29 rock samples<\/strong>.\n  <\/p>\n\n  <p>\n    <strong>20 of the samples<\/strong> were collected from pegmatites, with the remainder from paragneiss.\n  <\/p>\n\n  <p>\n    Importantly, multiple pegmatite samples contained <strong style=\"color: #c0392b;\">muscovite, garnet, and apatite<\/strong> \u2014 a mineral assemblage that has been consistently observed in samples exhibiting <strong>LCT geochemical signatures<\/strong> elsewhere on the Legacy Project.\n  <\/p>\n\n  <p>\n    The vast majority of samples collected during this recent exploration program along the Southern Block, as noted in Figure 2, were from glacially-derived boulders and cobbles. Based on government geological maps, samples collected during previous and the current exploration programs appear to have been derived from the <strong>same pegmatite-bearing lithology<\/strong> that hosts LCT pegmatites along the Northern Block.\n  <\/p>\n\n  <p>\n    These results are considered <strong style=\"color: #16793f;\">highly significant<\/strong> because they demonstrate that the favourable LCT-bearing pegmatite mineralogy identified on the northern Legacy claims extends into the southern claims. This continuity strengthens the case for a <strong>large, district-scale LCT system<\/strong> within the consolidated project area.\n  <\/p>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">Land Expansion and Strategic Staking<\/h2>\n\n  <p>\n    In addition to the field program, Saga has completed additional staking of highly prospective metasedimentary rocks and known pegmatite occurrences adjacent to the existing claims. This work has increased the total area of the Legacy Project to <strong style=\"color: #16793f;\">72,107.64 hectares<\/strong>, providing the Company with one of the larger consolidated land positions in the James Bay lithium district.\n  <\/p>\n\n  <p>\n    The expanded land package captures additional structural corridors and lithological contacts considered <strong>highly prospective for LCT pegmatites<\/strong>, while also providing strategic flexibility for future exploration programs.\n  <\/p>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">Rio Tinto&#8217;s Aeromagnetic Survey Over Legacy<\/h2>\n\n  <p>\n    A comprehensive helicopter-borne aeromagnetic geophysical survey over the Legacy Project was conducted in two phases between August 2024 and July 2025 by <strong>Geotech Ltd.<\/strong> on behalf of <strong>Rio Tinto Canada Exploration Inc.<\/strong> The survey covered a total of <strong>342 km\u00b2<\/strong> and acquired <strong style=\"color: #c0392b;\">7,132 line-kilometres<\/strong> of high-quality data using a cesium magnetometer in stinger configuration at 50-metre traverse line spacing. The resulting datasets, including <strong>Total Magnetic Intensity (TMI), Calculated Vertical Gradient (CVG), and Digital Elevation Model (DEM)<\/strong> maps, reveal a magnetically active area numerous distinct magnetic highs and lows that warrant further investigation for lithium-cesium-tantalum (LCT) pegmatite mineralization.\n  <\/p>\n\n  <div style=\"text-align: center; margin: 30px 0;\">\n    <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium3.jpg\" target=\"_blank\">\n      <img decoding=\"async\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium3.jpg\" alt=\"Total Magnetic Intensity Survey\" style=\"max-width: 100%; height: auto; border: 1px solid #cccccc;\" \/>\n    <\/a>\n    <p style=\"font-size: 13px; color: #777777; font-style: italic; margin-top: 8px;\">\n      Figure 3: Legacy Project Total Magnetic Intensity (TMI) geophysical survey completed in 2024\/2025 field seasons by Rio Tinto Exploration Canada (RTEC).<br\/>\n      To view the full image, please visit: <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium3.jpg\" target=\"_blank\" style=\"color: #1a3c6e;\">View Full Image<\/a>\n    <\/p>\n  <\/div>\n\n  <p>\n    Geotech has recommended a detailed interpretation of the magnetic results, including <strong>3D Magnetic Vector Inversion (MVI)<\/strong> to accurately locate causative bodies and structures, combined with semi-automated structural analysis to identify controls on potential mineralization.\n  <\/p>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">Next Steps at the Legacy Lithium Project<\/h2>\n\n  <p>\n    SAGA is currently awaiting <strong>grab sample assays<\/strong> and will integrate the new data with the Company&#8217;s prior exploration results, Geotech&#8217;s magnetic interpretation, and existing geological and geochemical datasets. This will enable <strong style=\"color: #16793f;\">refined targeting<\/strong> for future exploration programs. SAGA views the high-quality dataset as a valuable asset that strengthens the project&#8217;s position in one of North America&#8217;s most active lithium districts. The Company will provide further updates on planned work programs as they are finalized.\n  <\/p>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">Return of Northern Legacy Claims and Acquisition of Garneau Titanium Project<\/h2>\n\n  <p>\n    In early 2026, Saga successfully regained the northern portion of the Legacy Project from <strong>Rio Tinto Exploration Canada Inc.<\/strong> As part of the same transaction, the Company also acquired the <strong style=\"color: #1a3c6e;\">Garneau Titanium Project<\/strong> in Quebec.\n  <\/p>\n\n  <div style=\"text-align: center; margin: 30px 0;\">\n    <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium4.jpg\" target=\"_blank\">\n      <img decoding=\"async\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium4.jpg\" alt=\"Garneau Titanium Property Location Map\" style=\"max-width: 100%; height: auto; border: 1px solid #cccccc;\" \/>\n    <\/a>\n    <p style=\"font-size: 13px; color: #777777; font-style: italic; margin-top: 8px;\">\n      Figure 4: Garneau Titanium Property Location Map.<br\/>\n      To view the full image, please visit: <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium4.jpg\" target=\"_blank\" style=\"color: #1a3c6e;\">View Full Image<\/a>\n    <\/p>\n  <\/div>\n\n  <p>\n    The Garneau Project is within <strong>Havre-Saint-Pierre Anorthosite Complex<\/strong> of Quebec, a globally significant titanium-bearing district. The region hosts Rio Tinto&#8217;s own <strong>Lac Tio Mine deposit<\/strong>, one of the highest-grade hard rock titanium operations globally.\n  <\/p>\n\n  <p>\n    The Havre-Saint-Pierre anorthosite suite, located within Qu\u00e9bec&#8217;s Grenville Province, is a globally recognized geological setting for <strong>magmatic iron-titanium (Fe-Ti) oxide mineralization<\/strong>. Formed during Mesoproterozoic AMCG (anorthosite-mangerite-charnockite-granite) magmatism, the suite hosts a range of ilmenite- and hemo-ilmenite-dominated deposits, including the renowned Lac Tio operation.\n  <\/p>\n\n  <p>\n    Mineralization in the district occurs as massive ilmenite bodies, as well as layered or disseminated Fe-Ti-P systems containing associated <strong>vanadium and apatite<\/strong>. This well-established metallogenic environment underpins the strong exploration potential of the region, where large-scale geophysical anomalies and ilmenite-bearing occurrences are considered indicative of prospective Fe-Ti oxide systems.\n  <\/p>\n\n  <div style=\"text-align: center; margin: 30px 0;\">\n    <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium5.jpg\" target=\"_blank\">\n      <img decoding=\"async\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium5.jpg\" alt=\"Garneau Titanium Project Geophysics Anomaly\" style=\"max-width: 100%; height: auto; border: 1px solid #cccccc;\" \/>\n    <\/a>\n    <p style=\"font-size: 13px; color: #777777; font-style: italic; margin-top: 8px;\">\n      Figure 5: Derivative geophysics of the Garneau Titanium Project Anomaly. (2022 Rio Tinto)<br\/>\n      To view the full image, please visit: <a href=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/06\/sagalithium5.jpg\" target=\"_blank\" style=\"color: #1a3c6e;\">View Full Image<\/a>\n    <\/p>\n  <\/div>\n\n  <p>\n    Exploration has outlined a distinctive ovoid-shaped magnetic low measuring approximately <strong>4.5 km by 7.5 km<\/strong>, positioned along the central axis of the anorthosite complex\u2014an environment considered highly prospective for ilmenite-bearing systems. The working interpretation is that Garneau may represent the same kind of residual magnetism-dominated Fe-Ti oxide target. Garneau&#8217;s magnetic low should not be read as a lack of magnetism; in this district, it can be exactly the sort of signature associated with major hemo-ilmenite bodies such as Lac Tio.\n  <\/p>\n\n  <p>\n    Confirmation of titanium potential of the intense magnetic response came during the initial follow-up mapping and sampling work that discovered a boulder of massive hemo-ilmenite, grading <strong style=\"color: #c0392b;\">65.1% Fe\u2082O\u2083, 32.4% TiO\u2082, and 2,260 ppm vanadium<\/strong>.\n  <\/p>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">Sources<\/h2>\n\n  <ul style=\"padding-left: 20px; font-size: 14px;\">\n    <li style=\"margin-bottom: 8px;\">Rio Tinto &#8211; Rio Tinto Fer et Titane Operations: <a href=\"https:\/\/www.riotinto.com\/en\/operations\/canada\/rio-tinto-fer-et-titane\" target=\"_blank\" style=\"color: #1a3c6e; word-break: break-all;\">riotinto.com<\/a><\/li>\n    <li style=\"margin-bottom: 8px;\">Li-FT Power announcement of the binding agreement (December 15, 2025): <a href=\"https:\/\/www.li-ft.com\/news\/li-ft-power-agrees-to-combine-with-winsome-resources-and-acquire-majority-interest-in-the-galine-property-to-unlock-value-at-the-tier-one-adina-project\" target=\"_blank\" style=\"color: #1a3c6e; word-break: break-all;\">li-ft.com<\/a><\/li>\n    <li style=\"margin-bottom: 8px;\">Li-FT Power announcement of transaction completion (May 21, 2026): <a href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/05\/21\/3299151\/0\/en\/lift-completes-combination-with-winsome-resources.html\" target=\"_blank\" style=\"color: #1a3c6e; word-break: break-all;\">globenewswire.com<\/a><\/li>\n    <li style=\"margin-bottom: 8px;\">Li-FT Power Projects page: <a href=\"https:\/\/www.li-ft.com\/projects\/\" target=\"_blank\" style=\"color: #1a3c6e; word-break: break-all;\">li-ft.com\/projects<\/a><\/li>\n    <li style=\"margin-bottom: 8px;\">Crux Investor article on the strategic rationale and land consolidation benefits (February 2026): <a href=\"https:\/\/www.cruxinvestor.com\/posts\/land-consolidation-unlocks-scale-how-li-ft-power-is-re-shaping-the-adina-lithium-project\" target=\"_blank\" style=\"color: #1a3c6e; word-break: break-all;\">cruxinvestor.com<\/a><\/li>\n    <li style=\"margin-bottom: 8px;\"><a href=\"https:\/\/www.fastmarkets.com\/insights\/lithium-spodumene-swing-supply-should-act-rationally-amid-price-uptrend-pls-ceo\/\" target=\"_blank\" style=\"color: #1a3c6e; word-break: break-all;\">fastmarkets.com<\/a><\/li>\n    <li style=\"margin-bottom: 8px;\"><a href=\"https:\/\/www.infolink-group.com\/energy-article\/ess-spot-price-20260527\" target=\"_blank\" style=\"color: #1a3c6e; word-break: break-all;\">infolink-group.com<\/a><\/li>\n  <\/ul>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">Qualified Person<\/h2>\n\n  <p>\n    <strong>Dr. A. Miller, P. Geo.<\/strong>, 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.\n  <\/p>\n\n  <h2 style=\"font-size: 20px; color: #1a3c6e; border-bottom: 2px solid #1a3c6e; padding-bottom: 6px;\">About SAGA Metals Corp.<\/h2>\n\n  <p>\n    <strong style=\"color: #1a3c6e;\">SAGA Metals Corp.<\/strong> is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the North American transition to supply security. The <strong>Radar Ti-V-Fe Project<\/strong> comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km\u00b2 on the surface near Cartwright, Labrador. Exploration to date, including 13,809 m of drilling, has confirmed a large, mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) and ilmenite mineralization with strong grades of titanium and vanadium.\n  <\/p>\n\n  <p>\n    The Company has signed a definitive agreement to acquire 100% of the <strong>Wolverine Heavy Rare Earth Element Project<\/strong> in Labrador, a near-surface REE system hosted within a peralkaline caldera complex that shares strong geological similarities with the Tanbreez and Strange Lake deposits. The project features consistent mineralization, with zones spanning 26 km\u00b2, including drill assays up to 2.03% TREO with approximately 28% HREO content, and sample assays up to 21.6% TREO.\n  <\/p>\n\n  <p>\n    The <strong>Double Mer Uranium Project<\/strong> covers 25,600 hectares and features uranium radiometrics that highlight an 18 km east-west trend, with a confirmed 14 km section producing samples as high as 0.428% U3O8. (2024 Double Mer Technical Report).\n  <\/p>\n\n  <p>\n    Additionally, SAGA owns the <strong style=\"color: #1a3c6e;\">Legacy Lithium Project<\/strong> in Quebec&#8217;s Eeyou Istchee James Bay region. This project spans 72,701 hectares and shares significant geological continuity with other major players in the area, including Rio Tinto, Li-FT Power, SOQUEM, and Loyal Metals.\n  <\/p>\n\n  <p>\n    With a portfolio spanning key commodities critical to the clean energy future, <strong>SAGA is strategically positioned to play an essential role in securing critical minerals.<\/strong>\n  <\/p>\n\n  <p style=\"margin-top: 25px;\">\n    <strong>On Behalf of the Board of Directors<\/strong><br\/>\n    Mike Stier, Chief Executive Officer\n  <\/p>\n\n  <p>\n    <strong>For more information, contact:<\/strong><br\/>\n    Rob Guzman, Investor Relations<br\/>\n    SAGA Metals Corp.<br\/>\n    Tel: +1 (844) 724-2638<br\/>\n    Email: <a href=\"mailto:rob@sagametals.com\" style=\"color: #1a3c6e;\">rob@sagametals.com<\/a><br\/>\n    <a href=\"http:\/\/www.sagametals.com\" target=\"_blank\" style=\"color: #1a3c6e;\">www.sagametals.com<\/a>\n  <\/p>\n\n  <p style=\"font-size: 12px; color: #777777; font-style: italic;\">\n    Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n  <\/p>\n\n  <h3 style=\"font-size: 16px; color: #555555; margin-top: 25px;\">Cautionary Disclaimer<\/h3>\n\n  <p style=\"font-size: 12px; color: #777777; line-height: 1.5;\">\n    This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as &#8220;will&#8221;, &#8220;may&#8221;, &#8220;should&#8221;, &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;believes&#8221;, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company&#8217;s Legacy and Garneau Projects. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company&#8217;s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company&#8217;s assets, and the risks detailed in the Company&#8217;s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. This cautionary statement expressly qualifies forward-looking statements contained in this news release. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.\n  <\/p>\n\n  <p style=\"font-size: 12px; color: #777777;\">\n    Source: Saga Metals Corp.\n  <\/p>\n\n  <p style=\"font-size: 12px; color: #777777; line-height: 1.5; border-top: 1px solid #cccccc; padding-top: 15px;\">\n    Past 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.\n  <\/p>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Saga Metals Consolidates Legacy Lithium Project and Expands Large Contiguous Lithium-Focused Land Package in Eastern James Bay, Quebec Amid Spodumene Price Rally June 24, 2026 7:30 AM EDT Vancouver, British Columbia &#8211; SAGA Metals Corp. (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) (&#8220;SAGA&#8221; or the &#8220;Company&#8221;), a North American exploration company focused on critical mineral discoveries, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[124,197,274,272,273],"class_list":["post-9116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcement","tag-lithium","tag-rareearth","tag-saga","tag-titanium","tag-vanadium"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/9116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=9116"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/9116\/revisions"}],"predecessor-version":[{"id":9123,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/9116\/revisions\/9123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/9119"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=9116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=9116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=9116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}