VANCOUVER, British Columbia — January 5, 2026 — Leads & Copy —
SAGA Metals Corp. (TSXV: SAGA, OTCQB: SAGMF, FSE: 20H) has announced the assay results for the first two drill holes from its Phase 1 Mineral Resource Estimate (MRE) drill program at the Radar Ti-V-Fe Project’s Trapper Zone, near Cartwright, Labrador, Canada.
Highlights from the analytical results of the first two diamond drill holes of the 2025 Phase of the Trapper Zone MRE drill program include:
Hole R-0008: 269.36 m @ 36.21% Fe₂O₃, 6.57% TiO₂, 0.244% V₂O₅
Hole R-0009: 296.47 m @ 39.75% Fe₂O₃, 7.46% TiO₂, 0.25% V₂O₅
The company reported that 193 out of 418 samples graded over 7% TiO2, with 97 out of 418 grading over 10% TiO2, the majority of which were 2-meter sample lengths. Additionally, 241 out of 418 samples graded over 0.2% V2O5, with 128 out of 418 grading over 0.3% V2O5, also with the majority being 2-meter sample lengths.
Core sample 1800528 showed the highest TiO2 to date, with a 2 m assay of 13.30% TiO2. Numerous exceptional intercepts were recorded, including 87.20 m @ 50.67% Fe2O3 + 10.15% TiO2 + 0.339% V2O5.
The company also said there was an overall significant increase in best full hole metrics of Fe2O3 (124% increase), TiO2 (105.90% increase) & V2O5 (36.90% increase) from Trapper North assays versus Hawkeye, and a significant increase in overall oxide concentration from Trapper Vs Hawkeye.
Michael Garagan, CGO & Director of Saga Metals, stated that the initial results from the 2025 phase of the MRE drill program at Trapper North have provided quantitative validation for the large intercepts of semi-massive and massive oxide observed during logging. He added that the results from the first two holes are an outstanding success and represent the best intercepts drilled on the Radar property to date.
Drill Hole R-0008 and R-0009 Summary:
Phase 1 of drilling in Trapper North targeted a strong magnetic anomaly delineated in the 2025 ground geophysical survey. The anomaly traces the shape of an apparent fold structure. Drilling fences are oriented to cross the fold structure at right angles, with drilling directions of mostly N038°E. These two drill holes totaled 571 m and obtain the following observations:
R-0008 (Azimuth 38°, Dip -45°, EOH 272 m), was collared in the SW limb of a large fold closure in gabbronorite in Trapper North. Over half the length of the hole passed through intervals of semi-massive to massive oxide mineralization, with a cumulative total of 156 m out of 272 m of core length.
R-0009 (Azimuth 38°, Dip -45°, EOH 299 m), tested the remainder of the Trapper North fold structure. The drill hole was collared to intercept the NE limb of the fold and to complete the cross-section started with R-0008. Over half the length of the hole intersected semi-massive to massive oxide layering, with a cumulative total of 165 m out of 299 m of core length.
Next Steps:
The Company expects to receive the next set of assays results mid-January, with the final batch due shortly after. Saga’s geological team will complete interpretations with the goal of releasing the results in a timely manner.
Crews are also expected to start mobilizing by mid-January as the Company plans to initiate its 2026 phase of the MRE drill program at the Radar Project’s Trapper Zone.
The Radar Property spans 24,175 hectares and hosts the entire Dykes River intrusive complex (~160 km²). Geological mapping, geophysics, and trenching have already 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.
SAGA Metals Corp. is focused on the exploration and discovery of a diversified suite of critical minerals. 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 a total of 4,250 m of drilling, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) and ilmenite mineralization with strong grades of titanium and vanadium.
The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares and features uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U3O8. Uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).
Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, 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 critical mineral security.
Rob Guzman, Investor Relations
SAGA Metals Corp.
Tel: +1 (844) 724-2638
Email: rob@sagametals.com
Source: SAGA Metals Corp.
