Saga Metals Acknowledges U.S. Strategic Critical Minerals Reserve “Project Vault” and Highlights Titanium’s Strategic Importance to North American Defense Supply Chains --Titanium’s role in aerospace and defense aims to position SAGA’s Radar Ti-V-Fe Project in Labrador in alignment
Saga Metals Acknowledges U.S. Strategic Critical Minerals Reserve “Project
Vault” and Highlights Titanium’s Strategic Importance to North American
Defense Supply Chains
--Titanium’s role in aerospace and defense aims to position SAGA’s Radar Ti-V-Fe Project in Labrador in alignment
with accelerating U.S. allied industrial policy and supply-chain security priorities--
VANCOUVER, British Columbia, Feb. 06, 2026 -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA)
(OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discoveries, acknowledges
the recent announcement by The White House and Donald Trump of “Project Vault,” a large-scale U.S. strategic stockpile
initiative intended to strengthen domestic supply chains, advance national security priorities, and reduce reliance on foreign-
controlled sources of critical minerals and raw materials.
Project Vault—announced in the Oval Office with participation from Export-Import Bank of the United States (“EXIM”) —
establishes the U.S. Strategic Critical Minerals Reserve as an independently governed public-private partnership designed to
store essential raw materials across U.S. facilities.
EXIM has approved a Direct Loan of up to US$10 billion to support Project Vault, providing long-term financing for a partnership
between original equipment manufacturers and private-sector capital providers—an effort EXIM has positioned as strengthening
U.S. production and processing capacity, insulating manufacturers from supply shocks, and advancing U.S. national
economic security objectives.
The stockpile is the latest move by the Trump administration to build a Western supply chain to counter China’s dominance in
critical minerals — especially when it comes to refining. Beijing sought to cut off exports of rare earths, a subset of critical
minerals, last year during trade disputes with the U.S.
A Media Snippet accompanying this announcement is available by clicking on this link.
Preferential trade alignment and allied coordination on display at the Critical Minerals Ministerial in Washington,
D.C.
The U.S. efforts to diversify and stabilize critical minerals supply chains are expanding beyond domestic stockpiling toward
allied coordination. On February 4, U.S. Vice President JD Vance outlined plans aimed at organizing partners into a
preferential trade framework for critical minerals, including mechanisms intended to promote market stability and reduce
vulnerability to price undercutting and supply disruption.
Canada’s Foreign Affairs Minister Anita Anand was in Washington on Wednesday as the Trump administration made a case
for international partners to join a preferential trade zone for critical minerals with forced price floors.
Canada and the U.S. Department of Defense already have a co-investment deal to accelerate Canadian mining development
and strengthen critical minerals supply chains.
A Media Snippet accompanying this announcement is available by clicking on this link.
Titanium: A national defense critical mineral facing supply chain constraints
Titanium remains a cornerstone material for aerospace and defense platforms, infrastructure, and high-performance industrial
uses, and continues to be a strategic concern for Western supply chains due to limited domestic sourcing and processing
capacity. Titanium is deemed a critical metal by the U.S., EU and Canada and is essential for defense and aerospace
applications due to its strength-to-weight ratio and corrosion resistance.
Titanium is characterized as a critical mineral for defense and aerospace, with supply-chain risk concentrated in titanium
metal pathways (including aerospace-grade sponge capacity and certification) rather than in pigment markets. The vast
majority – over 90% globally of mined titanium is processed into the pigment – a looming supply chain gap UK-headquartered
market intelligence company Project Blue outlines in a recent report.
“Titanium is essentially a defence metal – it can be up to 20% or more of the markets for total titanium consumption that
goes into defence. An F 15 can be up to 40% in weight of titanium. There’s some serious volume going in these jet planes ,”
Project Blue Founder and Director, Dr. Nils Backeberg
Saga Metals’ Project Focus: Critical Minerals and Titanium Exploration in Labrador
Saga Metals believes the evolving policy environment reinforces the strategic relevance of North American Critical Minerals
projects that can support secure, resilient supply chains for defense, aerospace, and advanced manufacturing. The Company’s
flagship Radar Ti-V-Fe Project is located in Labrador near the port community of Cartwright and is supported by existing
infrastructure, including road access and proximity to tidewater logistics. Saga recently announced a 100% drilling success
rate in 2025 with exceptional grades of titanium, vanadium, and iron in all 15 drill holes completed at the Radar Critical
Minerals Project. The company is advancing towards a Mineral Resource Estimate and has completed four diamond drill holes
in 2026 to start the year.
Mike Stier, CEO & Director of Saga Metals commented: “The U.S. government’s focus on critical mineral stockpiling
reinforces the strategic importance of secure, allied sources of materials such as titanium—particularly for North American
national security and defense-related supply chains. Saga Metals continues to advance its portfolio with a focus on critical
minerals that support supply-chain security, advanced manufacturing, and future-facing technologies. We believe this policy
momentum highlights the importance of investing in strategic mining projects that can help build resilience—diversifying
supply, strengthening domestic and allied production capacity, and supporting stable investment conditions for the critical
materials that power our economies and protect our industries.”
Key implications Saga Metals sees from Project Vault and allied initiatives
Saga Metals recognizes several key implications from Project Vault and the broader allied push toward critical-minerals
security:
• Rising strategic value of titanium and other critical metals in defense readiness, aerospace manufacturing, and
industrial policy.
• Potential acceleration of investment in North American exploration, development, and processing capacity as
governments prioritize secure supply.
• Expanded public-private cooperation to create resilient, domestically aligned supply chains and mitigate market
disruption risk.
• Increased allied coordination on pricing stability, trade frameworks, and supply diversification to reduce dependency
on concentrated refining and processing pathways.
About Critical Minerals
Critical minerals are the foundation upon which modern technology is built. They are used in a wide range of essential
products ranging from mobile phones and solar panels to electric vehicle batteries, medical devices and defense applications.
Canada’s critical minerals list identifies 34 minerals and metals while the U.S.A identifies 60 minerals and metals as critical.
Investor Relations Agreement
Additionally, the Company and GRA Enterprises LLC DBA National Inflation Association ("NIA") entered into a consulting
agreement (the "NIA Agreement") for investor relations and communication services. The NIA Agreement has an initial term of
twelve (12) months, at an aggregate cost of USD$100,000 for the term. Following the initial term, the NIA Agreement can be
extended by three (3) months for an additional USD$30,000, six (6) months for an additional USD$50,000 or one year for an
additional USD$100,000. NIA will leverage its expansive distribution channels - including targeted email lists, website features,
and blog content - to highlight the Company's growth story and project developments.
NIA, based in Mooresville, North Carolina, has a strong track record of investor communications for publicly traded companies.
The Company will not issue any securities to NIA as compensation. NIA and its principals are at arm's length to the Company.
NIA currently has no direct or indirect interest in the securities of the Company, or any right or intent to acquire such an
interest.
For more information about NIA: Contact [email protected] or visit them at 112 Camp Lane, Mooresville, North Carolina,
28117.
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 4,250 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 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.
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 and IR
agreements listed herein. 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. Forward-looking statements contained in this news release are expressly qualified by this cautionary
statement. 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.