SAGA Metals Drills 470 m at 36.72% Fe2O3, 5.40% TiO2, 0.245% V2O5 Including 69.2 m at 51.03% Fe2O3, 8.55% TiO2, 0.334% V2O5 at Radar Critical Minerals Project in Labrador

SAGA Metals Drills 470 m at 36.72% Fe2O3, 5.40% TiO2,

0.245% V2O5 Including 69.2 m at 51.03% Fe2O3, 8.55%

TiO2, 0.334% V2O5 at Radar Critical Minerals Project in

Labrador

VANCOUVER, B.C. – September 15, 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 report additional assay results from drill holes R-0072, -0073, and

-0074 drilled as part of its maiden Mineral Resource Estimate ("MRE") diamond drill program

completed in August 2026 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 lopolith 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 lopolith validated over 29 km2,

encompassing the Trapper Zone, Hawkeye Zone, and the new Falcon Zone.

Analytical results received for three (3) additional diamond drill holes (R-0072 to R-0074) from the

MRE drill program initiated in Q4 2025, delivering consistent broad intercepts of oxide mineralization.

Key intercepts include:

• Hole R-0072: 470.0 m @ 36.72% Fe2O3, 5.40% TiO2, 0.245% V2O5

o Including 126.2 m @ 37.73% Fe2O3, 5.39% TiO2, 0.281% V2O5

o Including 183.2 m @ 46.44% Fe2O3, 7.52% TiO2, 0.307% V2O5

o Including 66.8 m @ 50.06% Fe2O3, 8.07% TiO2, 0.349% V2O5

o Including 69.2 m @ 51.03% Fe2O3, 8.55% TiO2, 0.334% V2O5

• Hole R-0073: 116.3 m @ 36.73% Fe2O3, 5.74% TiO2, 0.225% V2O5

o Including 54.6 m @ 44.40% Fe2O3, 6.95% TiO2, 0.303% V2O5

• Hole R-0074: 116.7 m @ 42.21% Fe2O3, 6.53% TiO2, 0.281% V2O5

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

“Trapper North is continuing to show us the heart of this system and the s ignificance of these

intercepts as they are outlaid together across the cross sections. Drill hole R-0072 adds incredible

length at 470 metres (1,542 feet) of continuous, correlated titanium, vanadium and iron, including

69.2 metres at 51.03% Fe2O3, 8.55% TiO2 and 0.334% V2O5. Put that length against something

people already know: Central Park Tower in Manhattan, the world’s tallest residential building, stands

472.4 metres (see Figure 2 below).

When an intercept of that length sits inside a cross section that already includes R-0008 through R-

0011, you are no longer describing a target. You are describing a body with thickness, continuity and

grade that can be modelled.

What matters for the MRE is that the chemistry does not fall apart at the edges of those long runs, in

fact R-0072 ended in mineralization. The high-grade cores stay coherent, the shoulders remain oxide-

bearing, and the metals stay locked in the same ratio we have been seeing across Trapper. That is

e x a c t l y t h e b e h a v i o u r y o u w a n t h e a d i n g i n t o a fi r s t r e s o u r c e : a t h i c k , i n t e r n a l l y c o n s i s t e n t oxide

package that can be constrained in 3D rather than stitched together from isolated hits. These assays

reaffirm some of the most important sections on the property and setting the stage for a robust

maiden mineral resource estimate. ”

Detailed Logging Highlights from Drill Hole R-0072 to R-0074

• Hole R-0072 (Cross-Section N11, Figure 2): Drill hole R-0072 is drilled on cross-section N11

with an azimuth of 38 and dipping -70°, with a total depth of 473 m. The oxide zone intersected

at 51.8 m is 342.1 m (true thickness 241.9 m) consisting of 255.9 m of semi-massive and 86.2

m of rhythmic layering oxide.

• Hole R-0073 (Cross-Section T04, Figure 3): Drill hole R-0073 is drilled on cross-section T04

with an azimuth of 38 and dipping -65°, with a total depth of 254 m. The oxide zone intersected

at 46.0 m is 109.9 m (true thickness 97.9 m) consisting of 58.6 m of semi-massive and 51.3

m of rhythmic layering oxide.

• Hole R-0074 (Cross-Section N08, Figure 4): Drill hole R-0074 is drilled on cross-section N08

with an azimuth of 21 8 and dipping -55°, with a total depth of 332 m. The oxide zone

intersected at 172.0 m is 120.7 m (true thickness 100.2 m) consisting of 97.2 m of semi -

massive and 23.5 m of rhythmic layering oxide.

Figure 2: Cross section of N11 looking NW showing R-0008, R-0009, R-0010, R-0011, R-0072, R-0085, R-

0087, R-0089 and R-0092, 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 -0008, R-0009, R-

0010, R-0011, and R-0072. Assays pending for R-0085, R-0087, R-0089 and R-0092. Central Park Tower

located in Manhattan, New York, the world's largest residential building at 472.4 m, is used to contextualize

the size of drill hole R-0072 and the significance of the 470 m (1,542 feet) intercept (highlighted in blue) with

correlated titanium, vanadium and iron.

Figure 3: Cross section of T04 looking NW showing R-0071 and R-0073 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-0071 and R-0073.

Figure 4: Cross section of N08 looking NW showing R-0074, R-0081, R-0082, and R-0091 highlighting an

intercept of layering sequence with the 3D Magnetic Inversion of the 2025 Trapper Zone ground magnetic

survey. Assays shown for R-0074. Assays pending for R-0081, R-0082, and R-0091.

Figure 5: Trapper Zone plan view map outlining location of the MRE diamond drill program completed in

August 2026, includes cross-sections S04-S13 in Trapper South, T01-T06 in Trapper Transition, and N6-N12 in

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

Trapper Zone Assay Highlights

These results now bring the total MRE drill results to sixty-seven (67) diamond drill holes received to

date. As reported previously, analytical results from the first sixty-four (64) diamond drill holes (Table

1) of the MRE drill program include:

DDH FROM TO Length True Thickness Fe2O3 TiO2 V205

ID m m m m % % %

R-0008 3.4 272.0 269.4 261.2 36.21 6.57 0.244

R-0008 170.0 237.6 68.3 66.2 46.15 9.21 0.311

R-0009 2.5 299.0 296.5 286.9 39.75 7.46 0.250

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