SAGA.V · 2026-04-08 12:00:00

SAGA Metals Engages Dias Airborne for Advanced Geophysical Survey over Entire Oxide Layering Strike Connecting Trapper and Hawkeye Zones at Radar Critical Minerals Project in Labrador

Exploration Programs

SAGA Metals Engages Dias Airborne for

Advanced Geophysical Survey over Entire

Oxide Layering Strike Connecting Trapper and

Hawkeye Zones at Radar Critical Minerals

Project in Labrador

VANCOUVER, B.C. – April 8, 2026 – SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA)

(OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral

discoveries, is pleased to announce the engagement of Dias Airborne Limited (“Dias”) to conduct an

airborne geophysical survey at the 100% -owned Radar Titanium -Vanadium-Iron Project near

Cartwright, Labrador, Canada.

The state-of-the-art airborne geophysical survey will consist of 157 lines , averaging 7 km in length

and spaced at 75m, covering the entire strike of the oxide layering connecting the Trapper and

Hawkeye zones. Dias is expected to commence mobilization next week and execute the airborne

survey towards the end of the month.

Figure 1: An approximate outline of the planned airborne geophysical coverage is highlighted in orange over

Radar Project’s prospective oxide layering zone. SAGA has demonstrated the reliability of the regional

airborne magnetic surveys after validating with ground magnetic surveys and drilling in the 2024 -2026 ﬁeld

programs.

About Dias and the QMAGT Full Tensor Magnetic Gradiometry

Dias is a world leader in innovative geophysical technologies for mineral exploration, leading ground

and airborne geophysical surveys.

The QMAGT system is a helicopter-borne magnetic survey system that measures the magnetic ﬁeld

in a robust and detailed manner. The SQUID (superconducting quantum interference device) sensor

measures the complete gradient tensor (second -order) of the earth’s magnetic ﬁeld (otherwise

known as full tensor magnetic gradiometry – FTMG). This FTMG measurement provides directional

information about the magnetic ﬁeld, which is not available from total ﬁeld sensors, which have been

the industry standard for many years.

The SQUID sensors are developed by Supracon AG of Jena, Germany. Operating within a liquid helium

bath, the sensors measure the magnetic ﬁeld with unrivaled sensitivity. The sensor system is the

result of over 20 years of development and testing and has ﬂown many successful exploration

campaigns. The QMAGT system is the full commercialization of this established system.

The QMAGT system is deployed in a custom -built airfoil beneath a helicopter. This ‘bird’ effectively

reduces motion noise, allowing for the recovery of high- quality data. As a lightweight system,

QMAGT can be deployed in most operating environments.

The beneﬁts of t he QMAGT system are enhanced resolution and detectability as well as improved

geological modelling.

Michael Garagan, CGO & Director of SAGA Metals, commented:

“Partnering with Dias Airborne to deploy their advanced QMAGT technology across the full strike of

the oxide layering is a major milestone for the Radar Project. This survey will provide unprecedented

resolution to verify the full extent of the magnetic anomalies across the entire system linking Hawkeye

and Trapper. The resulting high-quality data will be critical for accurately modelling our geology and

supporting the upcoming mineral resource estimate at Trapper while highlighting signiﬁcant blue-sky

potential well beyond the current drilling area.”

2026 Trapper South Drilling Summary Reported to Date

Table 1: Summary of drill holes R-0016 to R-0045, highlighting the oxide intercepts. Logging of R-0038 to R-

0045 is in progress. See Figures 2-4 below, which depict the oxide mineralization in cross sections S 5, S4 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.

Drill Hole Azimuth /

Dip

Total

Depth

(m)

From (metres) To (metres)

Semi-

Massive

Oxide

(m)

Rhythmic Layering

(m)

Total Downhole

Oxide (m)

True Oxide

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 87.77

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 63.42

R-0020 38° / -45° 206 50.8 138 28. 5 58.7 87.2 71.98

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 70.24

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 91.55

R-0027 38° / -45° 217 79.83 175. 33 34.24 59.86 94.1

R-0028 38° / -60° 227 105.07 215. 93 22.46 87.1 109.56

R-0029 38° / -45° 214 65.2 183. 97 13.38 105.39 118.77

R-0030 38° / -60° 211 83.05 189. 18 25.41 79.55 104.96

R-0031 38° / -45° 215 63.35 171. 6 2.36 105.89 108.25

R-0032 38° / -60° 263 53.82 214. 74 18.49 135.95 154.44

R-0033 38° / -45° 251 67.73 203. 46 23.66 112.43 136.09

R-0034 38° / -60° 233 48.68 214. 14 66.11 93.54 159.65

R-0035 38° / -45° 97 8.53 66. 34 0 34.95 34.95

R-0036 38° / -70° 212 47.41 128 68 8. 57 76.57

R-0037 38° / -45° 206 42.64 146 50. 79 52.57 103.36

R-0038 38° / -70° 182

R-0039 218° / -45° 251

R-0040 38° / -70° 170

R-0041 38° / -45° 100

R-0042 38° / -70° 161

R-0043 38° / -45° 119

R-0044 218° / -45° 176

R-0045 218° / -45° 242

R-0046

Total (m) 6,094

Logging in-progress

Drilling in-progress

Logging in-progress

Total Meters Drilled Total Samples

Trapper Total

Trapper Zone 2025 2050

Trapper South 2026

1313

6094 2823

8144 4136

Table 2: Summary of total meters drilled in Q4 2025 and 2026 to date , including total core samples cut and

prepared.

Key Project Highlights

• Confirmed mineralization in 45 out of 45 drill holes completed and observed in two primary

zones to date.

• Analytical results to date include numerous oxide-rich intercepts, including:

Table 3: Top 10 intercepts from the 2025 & 2026 drilling programs at the Trapper Zone

• Infrastructure including road access, deep -water port, nearby hydro -electric power and

airstrip.

• Conﬁrmed the 16+ km oxide layering trend that stretches from the Hawkeye Zone to the

Trapper Zone demonstrates district-scale potential.

• Consistent grades and thicknesses with semi-massive to massive oxide reporting up to

64.55% Fe,13.3% TiO2, and 0.66% V2O5.

• Petrographic analysis conﬁrms titanomagnetite mineralization is advantageous for

simpliﬁed metallurgical processing.

• A total of 8,144 m completed and report to date for MRE drill program . See Figure 3

showcasing 2026 drilling in Trapper South reported to date.

DDH FROM TO Length Fe2O3 TiO2 V205

ID m m m % % %

R-0009 94 181.2 87.20 50.67 10.15 0.339

-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-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-0015 73.3 174 100.70 38.56 6.80 0.229

R-0017 50.6 140.6 90.01 51.86 6.76 0.417

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

R-0011 58.1 153.3 95.15 39.49 6.49 0.222

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 S11, S10, S9, S8, S7, S6, S5, and S4,

showing the TMI of the 2025 Trapper Zone ground magnetic survey.

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), a unique position among Western explorers. 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, van adium, and iron to North American

markets.

Figure 3: Radar Property map, depicting magnetic anomalies, oxide layering and the site of the 2025 drill

programs. The Property is well serviced by road access and is conveniently located near the town of

Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is overlaid with ground-based

geophysical data, as shown.

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.

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

10,353 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 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 Pro ject in Quebec's Eeyou Istchee James Bay region.

This project spans 65,849 hectares and share s 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,

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