Saga Metals Corp.TSXV: SAGA

SAGA Metals Reports Assays from R-0047 to R-0049 with Intercepts Including 53.72% Fe2O3, 7.32% TiO2, 0.431% V2O5 from 2026 Drilling at Trapper South, Radar Critical Minerals Project in Labrador

· Issued by SAGA Metals Corp. via Newsfile

Vancouver, British Columbia--(Newsfile Corp. - July 15, 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-0047, -0048 and -0049 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 collectively covering 29 square kilometres (Figure 1).

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 km2, 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/12336/305233_sagaimg1.jpg

Trapper Zone Assay Highlights

  • Analytical results received for three (3) additional diamond drill holes (R-0047 to R-0049) from the MRE drill program initiated in Q4 2025, delivering consistent broad intercepts of oxide mineralization.

  • Key intercepts include:

    • Hole R-0047: 126.8 m @ 42.84% Fe2O3, 5.43% TiO2, 0.306% V2O5

      • Including 68.4 m @ 46.81% Fe2O3, 6.17% TiO2, 0.335% V2O5

    • Hole R-0048: 92.3 m @ 42.46% Fe2O3, 5.38% TiO2, 0.304% V2O5

      • Including 16.3 m @ 53.72% Fe2O3, 7.29% TiO2, 0.431% V2O5

    • Hole R-0049: 100.3 m @ 42.97% Fe2O3, 5.39% TiO2, 0.316% V2O5

      • Including 26.5 m @ 53.91% Fe2O3, 7.22% TiO2, 0.431% V2O5

  • These results now bring the total MRE drill results to forty-two (42) diamond drill holes received to date. As reported previously, analytical results from the first thirty-nine (39) diamond drill holes of the MRE drill program include:

DDH

FROM

TO

Length

True Thickness

Fe2O3

TiO2

V205

ID

m

m

m

m

%

%

%

R-0008

170.0

237.6

68.3

66.2

46.15

9.21

0.311

R-0009

94.0

181.2

87.2

84.4

50.67

10.15

0.339

R-0010

1.5

137.0

135.5

121.7

50.03

7.87

0.352

R-0011

58.1

153.3

95.2

50.8

39.49

6.49

0.222

R-0012

3.8

79.0

75.2

39.6

27.39

4.87

0.116

R-0013

9.5

121.0

111.5

97.9

37.08

5.14

0.242

R-0014

8.8

50.0

41.2

14.9

36.17

6.36

0.188

R-0015

73.3

174.0

100.7

88.9

38.56

6.80

0.229

R-0016

44.0

94.6

50.6

47.1

52.05

7.21

0.375

R-0017

50.6

140.6

90.0

73.0

51.86

6.76

0.417

R-0018

44.7

115.0

70.3

44.1

42.64

5.66

0.288

R-0019

66.6

112.3

45.7

41.6

49.51

6.56

0.374

R-0020

87.3

128.0

40.7

31.1

37.62

4.93

0.239

R-0021

96.0

127.4

31.4

16.5

53.18

7.08

0.414

R-0022

62.0

92.6

30.6

28.6

49.4

6.61

0.373

R-0023

100.5

186.5

86.0

54.0

45.5

5.5

0.367

R-0024

112.0

203.0

91.0

58.7

49.08

6.23

0.39

R-0024

142.0

186.0

44.0

28.4

54.2

7.07

0.443

R-0025

141.3

223.0

81.7

58.5

41.36

5.18

0.309

R-0025

168.0

201.0

33.0

23.7

47.38

6.01

0.384

R-0026

141.7

189.0

47.3

27.7

38.16

4.65

0.288

R-0026

110.9

131.4

20.5

12.0

52.39

6.55

0.449

R-0027

81.2

162.0

80.8

63.4

42.74

5.18

0.320

R-0028

105.7

211.0

105.3

54.5

42.39

5.40

0.306

R-0028

144.0

182.0

38.0

19.7

49.43

6.50

0.382

R-0029

65.2

172.0

106.8

95.5

44.41

5.36

0.341

R-0029

65.2

104.0

38.8

34.7

53.02

6.46

0.441

R-0030

83.1

174.0

90.9

49.5

42.57

5.40

0.303

R-0030

83.1

101.7

18.6

10.2

50.81

6.56

0.398

R-0031

63.4

171.6

108.2

87.2

38.11

5.13

0.254

R-0031

97.0

140.1

43.1

34.7

42.71

5.88

0.309

R-0032

53.8

198.0

144.2

135.3

37.13

5.04

0.234

R-0032

114.0

170.0

56.0

52.6

44.68

6.50

0.294

R-0033

67.4

168.0

100.6

77.5

44.07

6.38

0.286

R-0033

97.0

153.0

56.0

43.1

48.03

7.25

0.304

R-0034

68.8

195.0

126.2

124.0

43.19

6.05

0.293

R-0034

106.1

170.0

63.9

62.8

48.61

7.01

0.344

R-0035

8.5

22.0

13.5

9.9

30.98

2.93

0.193

R-0036

55.0

128.0

73.0

36.5

45.34

6.31

0.345

R-0036

80.0

114.0

34.0

17.0

50.46

7.21

0.395

R-0037

52.2

103.0

50.8

41.9

45.93

6.46

0.348

R-0038

45.4

146.2

100.8

73.7

41.23

5.21

0.302

R-0038

103.9

146.2

42.4

31.0

46.20

6.35

0.364

R-0039

84.0

194.0

110.1

106.5

47.42

5.95

0.354

R-0039

97.0

149.1

52.1

50.4

58.15

7.68

0.459

R-0039

166.4

194.0

27.6

26.7

45.88

5.85

0.350

R-0040

84.9

130.0

45.1

31.9

51.20

7.94

0.340

R-0041

6.6

53.0

46.4

34.7

47.97

6.49

0.368

R-0042

102.1

137.4

35.3

23.6

50.68

6.74

0.378

R-0043

28.4

68.2

39.8

30.4

47.93

7.24

0.307

R-0044

82.9

105.8

22.9

16.6

51.38

6.85

0.415

R-0045

76.9

148.3

71.3

53.7

48.28

6.21

0.373

R-0045

104.0

144.0

40.0

31.1

53.69

7.32

0.441

R-0046

20.0

147.9

127.9

103.6

52.94

7.35

0.388

R-0046

20.0

74.0

54.0

43.7

58.33

8.78

0.415

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