SAGA Metals Reports Assays from R-0044 to R-0046 with Intercepts Including 58.33% Fe2O3, 8.78% TiO2, 0.415% V2O5 from 2026 Drilling at Trapper South, Radar Critical Minerals Project in Labrador

About this update from Saga Metals Corp.

Vancouver, British Columbia--(Newsfile Corp. - June 11, 2026) - 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-0044, -0045 and -0046 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. The Trapper Zone forms part of an oxide corridor that includes the Falcon and Hawkeye Zones spanning 29 square kilometres near the center of the Property. Figure 1: The Radar Property with the Dias QMAGT vertical gradient (Bzz) anomaly footprint shown in red (high-amplitude pixels only). The QMAGT-imaged central oxide-layering corridor validated over 29 km 2 , encompassing the Trapper Zone, Hawkeye Zone, and the new Falcon Zone. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12336/301016_df237b35d4733acc_001full.jpg Trapper South Assay Highlights   Table 1: MRE drill program assay intercepts previously reported in Q4 2025 and 2026 to date from drill holes R-0008 to R-0043. Michael Garagan, CGO & Director of SAGA Metals, commented: "These latest results from holes R-0044 through R-0046 continue to demonstrate the impressive scale and continuity of the oxide system at Trapper South. Hole R-0046 in particular was a standout, stretching a full 490.1 m (over 1,600 feet) and reaching 280 m vertical depth while returning broad zones of strong oxide mineralization, including over 100 m of higher-grade material averaging 7.35% TiO₂ and 0.388% V₂O₅. Holes R-0044 and R-0045 further reinforce the consistency we're seeing across the Trapper Zone, with thick intercepts of rhythmic oxide layering and semi-massive mineralization. The ability to repeatedly intersect wide zones of oxide mineralization with high grades across multiple sections speaks to the robustness of this system. These results continue to build our confidence as we advance toward a maiden Mineral Resource Estimate at Radar." 2026 Trapper South Drilling Summary Table 2:  Summary of drill holes R-0016 to R-0057, highlighting the oxide intercepts. See Figures 3-4 below, which depict the oxide mineralization in cross sections S6 and S8. True thickness represents the perpendicular width of the mineralized zone, while the total downhole oxide represents the length of the mineralization intercepted downhole. Table 3: Summary of total meters drilled in Q4 2025 and 2026 to date, including total core samples cut and prepared. Figure 2: Trapper South map outlining location of the initial 2026 focus for the remainder of the MRE drill program to be completed in 2026, including cross-sections S14, S13, S12, S11, S10, S9, S8, S7, S6, S5, and S4, showing the TMI of the 2025 Trapper Zone ground magnetic survey. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12336/301016_df237b35d4733acc_005full.jpg The latest results from these drill holes, R-0044, R-0045 and R-0046, once again demonstrate excellent continuity across broad zones of oxide mineralization, underscoring the growing potential for a sizable mineral resource that could create meaningful long-term value for SAGA shareholders. Detailed Logging Highlights from Drill Hole R-0044 to R-0046 Figure 3: Cross section of S6 looking NW showing R-0019, -0027, -0028, -0042, -0043, -0044 and -0047, highlighting intercepts of semi-massive oxides and layering sequence with the 3D Magnetic Inversion of the 2025 Trapper Zone ground magnetic survey. Assays shown for R-0019, R-0027, R-0028, R-0042, R-0043 and R-0044. Assays are pending for R-0047. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12336/301016_df237b35d4733acc_006full.jpg Figure 4: Cross section of S8 looking NW showing R-0016, -0017, -0023, -0026, -0035, -0045 and -0046, highlighting intercepts of semi-massive oxides and layering sequence with the 3D Magnetic Inversion of the 2025 Trapper Zone ground magnetic survey. Assays shown for R-0016, R-0017, R-0023, R-0026, R-0035, R-0045 and R-0046. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12336/301016_df237b35d4733acc_007full.jpg Sampling Summary Saga's core cutting team finalized the cutting, sampling, and shipping of 450 samples from R-0047, -0048, and -0049. IGS Laboratories anticipates receiving the samples towards the beginning of next week. A total of 7,032 samples have been collected to date in the Trapper Zone. Key Project Highlights Table 4: Top 15 intercepts from the 2025 & 2026 drilling programs at the Trapper Zone About the Radar Critical Mineral Property in Labrador The Radar Property comprises 690 mineral claims across 9 mineral licenses, totalling approximately 24,175 hectares in southeastern Labrador, located approximately 10 km south of Cartwright. The Property entirely encloses the Dykes River Intrusive Complex (~160 km² at the surface) and is accessible year-round via paved Route 510, a Cartwright logging road, and a SAGA-constructed access trail. Infrastructure advantages include the deep-water port at Cartwright, the Cartwright Airport (YRF), and proximity to regional hydroelectric power from Muskrat Falls and Churchill Falls. Diamond drilling, geophysics, trenching and geological mapping have confirmed a 29 km 2 oxide corridor encompassing the Trapper, Falcon and Hawkeye Zones. VTM mineralization at Radar is comparable to that of global Fe-Ti-V systems such as Panzhihua (China) and Bushveld (South Africa). Subject to further exploration, resource definition, and metallurgical testing, the Project may represent a strategic source of titanium, vanadium, and iron for North American markets. Figure 5: The Radar Property with the Dias QMAGT vertical gradient (Bzz) anomaly footprint shown in red (high-amplitude pixels only). The QMAGT-imaged central oxide-layering corridor validated over a 29 km2 area, encompassing the Trapper Zone, Hawkeye Zone, and the new Falcon Zone, with additional targets highlighted to the west and north. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12336/301016_df237b35d4733acc_009full.jpg 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. The drill core diameter was NQ. The core was cut lengthwise using a diamond saw, and one half was retained in the core box, while the other half was sampled at designated intervals for analysis. Core samples were prepared and analyzed at the Impact Global Solutions (IGS) laboratory facility in Montréal, Québec. As part of the analytical quality assurance and quality control (QA/QC) program, certified reference standards, blanks, and duplicate samples were inserted into the sample stream at regular intervals to monitor analytical accuracy and precision. Crush rejects and pulp samples are retained and stored in a secure facility for potential future verification and re-analysis. The Company maintains a rigorous QA/QC protocol consistent with industry standard practices. About SAGA Metals Corp. SAGA Metals Corp. 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 Radar Ti-V-Fe Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² 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. The Company has signed a definitive agreement to acquire 100% of the Wolverine Heavy Rare Earth Element Project 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 2 , including drill assays up to 2.03% TREO with approximately 28% HREO content, and sample assays up to 21.6% TREO. The Double Mer Uranium Project 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% U 3 O 8 . (2024 Double Mer Technical Report). Additionally, SAGA owns the Legacy Lithium Project in Quebec's Eeyou Istchee James Bay region. This project spans 65,849 hectares and shares significant geological continuity with other major players in the area, including Rio Tinto, Li-FT Power, SOQUEM, and Loyal Metals. With a portfolio spanning key commodities critical to the clean energy future, SAGA is strategically positioned to play an essential role in securing critical minerals. On Behalf of the Board of Directors Mike Stier, Chief Executive Officer For more information, contact: Rob Guzman, Investor Relations SAGA Metals Corp. Tel: +1 (844) 724-2638 Email: [email protected] www.sagametals.com 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. Cautionary Disclaimer 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 "will", "may", "should", "anticipates", "expects", "believes", 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's Radar Project. 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'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's assets, and the risks detailed in the Company'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. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301016

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